Most FCMs allow you to trade Futures on IRAs at regular margins for overnight holding and allow some relief for day trading. However, some FCMs may have restrictions on the total amount lost out of your entire IRA.
That depends on the Futures Broker or the CFD Provider. Some Futures Brokers can allow you to trade with margins as low as $1,000 for day trading, although you must have the full initial margin as part of the CME requirements. Some CFD/Forex providers may allow you to take higher leverage...
I do not think that you have to pay interest on the AUD. The brokerage should recognize that you have enough in USD and allow you to trade the AUD Dollar. Some software like CQG platform can recognize your foreign holding as far as I know.
Exactly that! They say Futures, But is a CFD Futures, not exchange. Different CFDs may have different liquidity providers that may be substantially different from the exchange.
I am here only because I want you to win the sim bet. :-)
Anyway, this is a share/stock question. In Futures (what we do entirely) the only way to do it is per contract basis.
What are you looking for in an FCM arrangement? Be specific. Otherwise, all you get as an answer is "me,me,me!".
If you do not what DMA is, I doubt you will see any difference between one FCM or another.
No one can tell you how to compensate someone. What you need to consider is whether you provide the right incentives for professional to raise capital for you. Just because you have good performance does not mean that you will not need additional sales help. If I was you I would not have one...
The LOGITECH MX VERTICAL MOUSE was built with the idea of using less muscle and configured to a hand movement. Sadly, everyone is still trying to improve a design that was created on a roll-on deodorant model. You can only go so far with that kind of a weak foundation.
How about doing it the right way? Hooking up Sierra to a great feed like Rithmic, CTS, CQG so he gets accurate data and then sends it to the exchange in fairly fast fashion.
Just as an FYI, if we have a good trader, we are happy for him and will further our efforts to help him with what he...
It was not a Joke. Point # 3 discusses a broker pushing his orders first. This is not OTC markets, your orders go to the exchange and reside there. I suggest learning how DMA (Direct Market Access) works.
Every disclosure document should contain the contact for the CTA/Money Manager. Talk to them directly to see if there is a fit. I do that with each CTA. A small conversation could reveal a lot about their attitude towards risk.
Maybe you should just have a POA over the accounts? I think if you put the capital into an LLC that may constitute a pool. If you wish I can PM you the staff we work with in Chicago. Best to take an expert advice that works with regulators.