Choice,Rush and MBT

M

milstar

Gentlemen

Author is not resident of USA ,can you compare 3 brokers from
different USA parts ?

Choicetrade -NJ
Rush - Texas ,Dallas
MBT -California

Platform MBT without reserved htttp version ,only downloading . Choice and Rush different direct and web
based . Choice not offer E-mini . Rush more expensiv .

Choice www side have regulary problem from different internet
access.


Any comment would appreciated .
 
Gentlemen

One of ET member wrote in private message to author


I never used MBT. I believe the following about CHoicetrade:

Choicetrade has the fastest customer service via email I think.
Choicetrade's rates for options and stocks are cheaper than MBT.
Choiectrade has API FIX on Direct Pro.
Choicetrade maintenance requirement is 25% for stocks.
Choicetrade recognizes all option strategies for margin requirements.
Choicetrade does not have FOREX, futures.
You can have 4 order boxes on the screen at the same time with Choicetrade Direct Pro, and therefore no need to place orders as spreads.

##############

Author comment ,if you going to MBT with volume of operations ,which must be performed per month
for Choicetrade offer 3000-5000 per month ,commission offer would essentialy the same.About platform of CT to date have not
complex opinion.Must test more .

Your respectfully milstar
 
Hi Milstar
As another non resident Alien trading only US equity& options markets I 'll add my few cents.
I assume you are a high volume intra day Stocks only trader?
I trade mostly options with a bit of stock day trading .
In the past I have used Dreyfus extensively(sold to Brown>then to JP Morgan) & Mr.Stock.com,Datek etc.
Now I use OptionsXpress.$9.99 (one way) for 1000 shares.
For options -$Min 15 for 10 contracts or less.Above that $1.5/contract.
For non US customers they are operating thro OXPS Canada.So they are are not offering Spot Forex/futures yet! Considering IB because they offer all in one.
But No complaints about OXPS on customer service & a reliable platform. Want to keep all my equity in one brokerage.
I badly need a broker with spot forex/futures/equity & options with the right pricing. Used for quite some time TD waterhouse's Singapore subsdiary (With DBS Bank) but they were gouging me with $ 30 min brokerage.ET Hongkong branch offers all the US products at a significantly higher priced commision!Using a Asian Big bank now for spot forex & bullion.But higher spreads & no internet platform.So have to make voice calls to place the trade!
Any suggestions welcome.
sammy
 
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