Personally, I would pick Wedbush over RJO... imo, a better balance sheet as an FCM.. it really depends on what you trade... to me, they are more professional when it comes to what you will have access to or not and their risk limits.
since last time I posted information on how one should evaluate FCM's, some of the FCM got a bit mad and the thread/posts were deleted, I will basically say to you that you should look at a few variables yourself within the data they report..
go to the following site and get the latest data..
http://www.cftc.gov/MarketReports/financialfcmdata/index.htm
then look at their adjusted net capital, overall net capital requirements, excess net capital, and segregated assets. You should be able to construct a few ratios from that data that should give you a comparison of each FCM based on what I consider financial stability (their ability to absorb market shocks in the event of risk management failure).. FCM's will tell you that excess doesnt provide a complete picture of financial health because they have available lines of credit to draw upon for improving the net capital or that the owners can provide more net capital as needed... but I beg to differ... again, my opinion.
keep in mind none of that protects you against fraud, for that common sense and not keeping all your funds in the same basket help you instead.
full disclosure, I am a wedbush client (going way back to the days of crossland... long long ago.. close to a decade now..)
