FCM Vs Introducing Brokers

[ADX_trader]

What is the major difference between FCM and Introducing Brokers?

 

[def]

the middleman

 

[Hubert]

ok FCM are like GNI RCGand GH
ib are like advanced futures ascendtrading and linn.

the FCm service the IB they pay for a leve of service.
they IB set what price they chage after the FCm tell them the cost

each one is differnt some good some bad some ugly

some have great service some suck




good luck and do you home work
then you also have the issue Of non clering FCm and of and IIB

but thats another topic

 

[vulture]

btw, you can go to the CFTC web page and find the financials on all of the FCM's and IB's and determine how much is firm capital and cust segregated capital...Good thing to know before you park ur money in some unknown destination...

 

[tymjr]

http://www.cftc.gov/tm/tmfcm.htm

http://www.nfa.futures.org/basic/search.asp