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Try going to a place like bidpay.com which is owned by westerm union I think. You pay them by credit card and they send a money order to whoever you want on your behalf. So you can use VISA but the broker gets a money order.

In that case, can't you travel to another country, like Germany, and make the transfer to the USA from there?

I am in Canada right now, so it doesn't apply to my situation this year, but I am curious. I have heard the tax rate for profits on trading futures is a lot less than trading stocks. What are the exact maximum tax rates for each category of taxation in the USA? How do they compare?

No broker will accept VISA because visa would charge them a percentage fee on the deal.

Are you sure you didn't misunderstand? Maybe they meant to say the futures trade for 2 to 5 ticks about the cash index. That would be more realistic, although untrue also, but accurate much of the time. I have seen times where the futures actually trade below the cash index value for 10...

RT stands for round turn, meaning one buy and one sell. You can trade in and out of 1 contract for $4.80 at IB. My $6.50 rate at e-local is based upon a minimum number of trades per month. I suggest going with the cheapest to try it out.

I have traded Nasdaq futures successfully based on an index analysis strategy, but its not easy, there is a lot to learn. Here are my observations: 1. Trade the e-mini futures if you trade anything at all. The brokerage costs are only half the cost to trade QQQ, the liquidity is better...

why between 9:45? the michigan sentiment came out at 9:45 today, but I don't see how that has anything to do with the 10 AM reports. Are you basically saying any 10 AM report might be released as early as 9:45?

A squawk box would not have helped today. The move was instant, from 1225 to 1230 before you could have even moved your mouse into the correct position on the screen for a trade. All that would do is confirm what you already suspected had happened. So the damage would have already been...

OK, so how early do these reports soemtimes get released? One minute early? 2 minutes? 5 minutes? What is the earliest early release you have ever seen?

I am positive a 10 AM economic report for today May 31 was released early. That means it either had to be Factory Orders or the Chicago PMI. I saw the futures jump 5 points in 2 seconds around 9:59:30, from 1225 to 1230 on Nasdaq e-mini, and then the index moved the same amount on the...

Many US brokers have told me they are not legally allowed to accept Canadian accounts. It has to do with them violating a Canadian securities law. I find that absurd, why would a company located in the USA worry about a foreign law. And Canada is the ONLY country in the world that some of...

well, you just answered your own question. IB does not accept Canadians, at least not right now. E-local is the cheapest firm I know of that accepts Canadians. And even when IB does take Canadians, I don't know if I would want them. I have seen a lot of people post various complaints...

I keep CNBC on because I want to know if there is ever another terrorist attack in the USA, the USA attacks Iraq, or a surprise interest rate cut. I figure those are just about the only things that are going to suddenly move the market is a massive way. But like others have said, by the...

I have been extremely happy with e-local, but its a $7500 minimum account. very reliable and phone service has been great. the price is only $6.50 RT if you do 1000 contracts a month.

you can buy many years worth of any data from tickdata.com I bought their NDX data, it costs $375 for a set, but its worth it, the data was great. Past years had a few holes here and there, but it was more than 99% there. The last 1 to 2 years have very little missing at all. I...

Why deal with some potential scam outfit like this when you can deal with a real broker AND pay less commission. Their site says they charge about $5 a side, thats more than real broker charges. Plus they can take your all money at any time and refuse to give it back. How are you going...

Try elocal, I have been using them for a few weeks now and am very satisfied. They accept Canadian accounts.

thanks for those 2 site suggestions. they were exactly what I was looking for and I will use them both in some capacity in the future. :)

I trade nasdaq e-mini and like to follow what the underlying NDX index and its chart are doing. I know NDX lags the futures prices by at least 15 seconds, but I still like to see it, because it bounces around less than the futures prices. Right now I use a chart at CBSmarketwatch to see...