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Hi, I am not allowed to trade options or futures at IB because of their minimum age policy. Does it mean there won't be a futures feed available to me if I open an account with them and get an allowance to trade only stocks without depositing funds? Thanks!

The firm I signed up, Mastertrader, with tells me that I cannot day trade options (under 5K) even if I have a strict cash account. This is ridiculous. TDAmeritrade allowed me to day trade options because I have a cash account (NOT a margin account) without flagging me as a day trader. I...

yah, and you're the douche that recommended Options House in my other thread. Thanks)))

I won't be suing them guys. I found other options brokers that offer rates just as good or better. For some stupid reason I never thought to search for other brokers other than IB, Ameritrade and TOS until now..

lol yah I should've called them...don't know why I didn't think of that :D

I signed up with OptionsHouse today. I was checking out the platform and the it said the quotes for both stocks and options were delayed by 20 mins. Is it because I haven't faxed them the paperwork and funded my account yet?

I traded Sterling too at my prop girm. It's a shitty platform I gotta say. Their charts had repeating patterns when you went back over a day all across the board. All our manager could say is that its a software issue and they'll be switching ti lightspeed.

Thanks reiser and jan.

I was fired from WTS and I'm trading (trying to, cuz IB won't sing me up due to my age) my own money now on options, but I want to keep abreast of all the firms out there. I was recommended this firm by one of my co-traders and my terminator, but my co-worker said they only accept traders with...

Thanks a lot for your input, Robert. I was told by one law firm to call the NYC Bar Association and that they'll give me an answer immediately. I guess you and other people here are right, in that it's legal for them to do so. But it's still a bad practice IMO, and I don't see why it's...

TOS is too costly. It costs even more than Ameritrade. I'll try getting IB to make an exception for me. For all others, a business could have a countless number of reasons not to accept my business, whether it's my dress, my history, or whatever. Age just seems like a very vague point to...

I don't know what to say, will see. Sue everything mentality doesn't apply to me. I'm also sick when I see people suing for trivial things and getting millions out of it. There's nothing trivial about being legally adult and being refused business because of random age limit policies...

That's what I thought too until I called Ameritrade for the second time. FIrst rep told me the restrictions apply. Second time another rep told me that I'm not getting around day trading rules. I have a cash account and the rep at Ameritrade told me it's legal to day trade on a cash account...

WTS is thinking of switching to Lightspeed from Sterling. They already let some people try it when I was there. You don't need any license to work there.

I'll check them out thanks guys!!!

Just got a reply from one lawyer saying it's legal for them to do so. I just don't see how.

Thanks, Jeff. Same to you. I appreciate your input. Shawn

LOL. Sorry about that. I wasn't sure if you were the "customer" or the "rep" when you mentioned telling them to call you back. Yah, TOS charges more than IB and about the same as Ameritrade. To the person who mentioned doing the "better rates" strategy with TOS, are you sure it's gonna...

This is not about commissions. If I didn't like the commissions they charged, then I wouldn't be right in contesting their policy. Age discrimination is a whole other fruit. I already shot a few e-mails to lawyers, will see what they say or if they even respond.

Thanks badger, but to be honest I don't have a freaking clue what you were ranting about there. Are you a broker rep or something? What the hell does my age have to do with the commissions they can earn? I know more about options and all the different strategies than most of the...