Am I reading Zumo comissions correct?

Quote from MTE:

Futures accounts do not fall under SIPC, only stocks and options do. Segregation is the protection for futures accounts.

I know. But IB's universal account which the poster referenced is covered by SIPC, not FDIC. Hence the comment.
 
Quote from cstfx:

I know. But IB's universal account which the poster referenced is covered by SIPC, not FDIC. Hence the comment.

thx for explaining
 
Quote from Khallihan:

Commissions are correct. What you see is what you get.

Funds are held in segregated accounts for protection.

If anyone is interested in opening an account, feel free to contact me.
What about the possible fees stated in this disclaimer:


"Zumo, Inc. may establish fees such as exchange, clearing, brokerage and commission charges that will change from time to time. These fees may include a monthly account maintenance fee from $50-$100. Further, Zumo, Inc. reserves the right to charge a monthly fee of up to $50 for subscription to its web-based platform and up to $300 for subscription to both its web based platform and software-based trading platforms. Zumo, Inc. may charge a monthly fee up to $50 as an account inactivity fee. This fee is charged to customers that do not periodically log into their account on a regular basis to review balances and positions."


Farr Financial is a nonclearing FCM. Which clearing firm is used?
 
Can you use ninja trader? If not then maybe have 2 broker accounts? Also, is the intra-day for es $ 500 margin per contract like my other broker mirus futures?

Quote from AloAlo:

so all you gotta do is log in often to avoid the fee
 
Quote from puretruth:

$ 1 R/T commission + $ 2.3 exchange fees = $ 3.3 for Emini S&P ?

Yes, that is correct. Zumo is the second firm to offer a $3.30 RT rate for ES, NQ and EMD.
 
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