FWTG - shut down!

craigross · Feb 6, 2002

Anyone know the details?

JayS · Feb 6, 2002

http://www.elitetrader.com/vb/showthread.php?s=&threadid=2999&perpage=6&pagenumber=3

Bob777 · Feb 6, 2002

Originally posted by craigross
If you were with FWTG and are looking for an Emini broker, please check out We offer $1,000 margins and FREE level II futures platform or $4/side.

If you choose $4 per side, then how much do you charge for J-Trader? Is this the company that started charging $400 per quarter using J-Trader?

craigross · Feb 6, 2002

J-Tader is FREE! No other fees!

rgunter · Feb 6, 2002

http://www.nfa.futures.org/news/notices/not200204.html

Looks Bad..

Russ

base-hitr · Feb 7, 2002

Here's a link to the specifics of FutureWise/CCI suspension.

http://www.nfa.futures.org/news/newsreleases/nr02072002.html

craigross · Feb 7, 2002

looks like they were a bucket shop
no clearing FCM said they cleared their trades

trader777 · Feb 7, 2002

Anyone know who to contact to get money back? I have a friend who had an account with them.

qwiktrade · Feb 7, 2002

wow.. futures accounts arent insured are they?

-qwik

JayS · Feb 7, 2002

Steve Andrews of NFA's Compliance Department at 312.781.1322 or Joe DeCarlo at 312.658.6583