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    Advantage Futures - best commissions i have ever seen

    Hi Najeeb, Sorry, I just saw your question about commission. We don't post our rates for platforms other than X_Trader, which is $0.35 per side + exchange fees. I have sent you an email regarding our cost using GSTrader. I can't give you specific costs in this anonymous forum, but I would...
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    broker

    I believe the answer to this question is yes, but just to be sure, can you give me a definition of what 'direct access' means to you? I typically see the term 'direct access' used to describe stock brokerage firms. In case you meant it that way, we do not offer stock trading.
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    broker

    You can open an account to trade index futures without having experience in futures in general. However futures trading is not suitable for all investors. These markets are very leveraged and most people lose money trading futures. We take into account the state of your finances along with...
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    Advantage Futures - best commissions i have ever seen

    Ok, found it. The fee was lowered January of last year: "NFA assessment fee reduction will become effective on January 1, 2008 Effective January 1, 2008, NFA's assessment fee will be $.01 per side. The new rate is a 50% decrease from the current rate and the lowest level in NFA's...
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    Advantage Futures - best commissions i have ever seen

    You know what, I can't even remember. It's been a long time... I can look back at my statements as far back as July on last year and see that it was already down to $0.01 per side at that time.
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    Advantage Futures - best commissions i have ever seen

    NFA fees used to be $0.02 per side; now only $0.01 per side. $1.15 total per side.
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    Advantage Futures - best commissions i have ever seen

    I'm not sure what you mean by overnight 'fees'. We don't charge any extra fees to clients to hold positions overnight as long as they meet the Exchange-set Overnight Margin. Are you asking about our Overnight Margin requirement? We use whatever the Exchange sets as their minimum. In the...
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    Advantage Futures - best commissions i have ever seen

    Specifically for CME GLOBEX emini SP/NQ/YM "Exchange, clearing, reg. fees and NFA fees" add up to $1.15 per side/$2.30 round turn currently. (These are non-exchange member fees. Members have reduced fees. If anyone wants to explore the possibility of having an exchange memnership I may be...
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    ProActive Futures?

    That is correct. GSTrader and Strategy Runner are the same software. (Thank you Cazza.)
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    Early close Thurs 4/9 - Tbonds, currencies

    Just wanted to give a heads up to those of you who trade GLOBEX currencies and CMEGroup Financials (bonds, notes) that these markets are scheduled to close early today 4/9/09. CMEGroup website states these products will close at 3:15 pm Central ahead of the Good Friday Holiday. I hope I can...
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    Global futures rates

    Good question. I should have been more thorough in explaining it is a limitation of the software w/ the clearing firms we work with. That's why I made a point in my last post to the effect that 'this is the case with the clearing firms we work with'. I don't know what the situation is with...
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    Global futures rates

    That is a good question. I wish that Strategy Runner and some of the other platforms had the ability to show you real time equity as you're trading. As of right now, X_Trader is the only platform that we offer that does show your real time equity. I would have to refer you to one of our...
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    Global futures rates

    I have no idea why you would say that, but I'm willing to listen to your reasons for saying so. Feel free to PM me or you can post it here if you like. Also feel free to call me and I'll do what I can to change your opinion. Please give me specific facts that I may address.
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    Global futures rates

    You're right. Our rates are somewhat negotiable, but also depend on which platform you're using, account size, volume. You should call your broker (I mean the specific person who handles your account) and see what they can do for you. Thanks for you business. Best regards,
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    Early close for some markets today 2/13/09

    I thought there may be some on here that would benefit from knowing that the CME Group has some early ending times in some markets today ahead of the upcoming President's Day Holiday. Two markets that come to mind are the GLOBEX currencies and CBOT financials which both close early at 3:15...
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    How to kill an hour of your time and get nowwhere

    Hello, thanks for the endorsement on the futures part. Were you using the RAN Order platform for options? (that's my guess) Did you ever have a look at CQG? If you're interested I can get you a free live CQG demo which would give you the ability to simulate trades on options...
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    How to kill an hour of your time and get nowwhere

    Let me clarify a couple things. Our rate for trading the YM on X_Trader is $0.35 per side + exchange fees. That would work out to $1.27 per side for the YM. That's $0.86 less per side. Granted, the monthly fee for X_Trader is $650, but it wouldn't take a 'zillion' contracts to make up for...
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    The cheapest platform for silver and gold trading

    Hello again. The FINRA rule is relevent to securities (stocks), but not applicable to commodity futures. We don't have a set minimum deposit. Depending upon which markets you want to trade, and whether you want to hold overnight, or strictly day trade I can help give you some guidance...
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    The cheapest platform for silver and gold trading

    CBOT Gold and Silver exchange/clearing/NFA fees are $1.07 per side. COMEX/GLOBEX Gold and Silver fees at $1.46 per side. Comex has more liquidity than CBOT right now. I'm not 100% sure what your friend meant, but it doesn't take 20 seconds to fill a market order in either of these...
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    $300 Day Trading MArgins! WHY?!!!

    I'm not sure I'm qualified to speak for management on this. I'm just a broker here, but I have a few points to make: 1) $300 is not our standard margin. It's availble to qualified clients who are willing to pay slightly higher commission rates. 2) $300 day margins are not offered for the...
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