Originally posted by craigross
Jim Bashaw
We offer J-Trader for free and can offer a rate of $4/side. We also offer a browser based platform for backup and direct access to a live broker. Our daytrading margins are only $1,000 per E-Mini.
Craig
Your site is out of date then. It shows $6.95/side and the margins page is as of July 24, 2001. I am also looking for the same kind of IB as Jim bashaw, and I had seen your site before and was going to conclude that you weren't competitive with the others I was considering. It would sure be nice if all futures brokers had their full commissions, fees, minimums, margins, and all other relevant info posted on their sites.
Others I am looking at are E-Local, and Interactive Brokers. I think I have to reject Interactive Brokers, based on some of the things I've heard here. I know that any broker can experience technical problems, the difference is what is the backup plan. I.B. is the lowest I've seen in terms of commissions and fees for someone doing low volume, but the stories about the possibility of getting stuck in a position, not being able to get someone on the phone, and when you finally do get someone to have them not even be able to tell you if you have a position or not, and have any open orders or not, are pretty scary. And I can't really comply with their provision in the account agreement to have a fully funded backup broker, so that kind of decides it for me.
