no minimum deposit required futures brokerage? any?

Is global futures an actual brokerage?

Are there other futures platforms w/o a minimum despoit? If so, I think I've cracked the code behind trading small amounts (and hense getting friends in the game!)
 
So... you want to be able to open a futures account with, say, $100? What exactly are you going to do with that account?

Quote from GordonTheGekko:

Is global futures an actual brokerage?

Are there other futures platforms w/o a minimum despoit? If so, I think I've cracked the code behind trading small amounts (and hense getting friends in the game!)
More...
 
Quote from DontMissTheBus:

So... you want to be able to open a futures account with, say, $100? What exactly are you going to do with that account?
More...

Most friends who have little to do with the street have under 10k to invest, which means they can't open accounts with most firms.

It would be easy to transfer the money to my account and I wouldn't have to trade in multipule accounts, but legally thats a bad idea.
 
Ooooh right, you are going to trade your friends' hard earned money.

Yeah, nothing will go wrong with that. Carry on.

Quote from GordonTheGekko:

Most friends who have little to do with the street have under 10k to invest, which means they can't open accounts with most firms.

It would be easy to transfer the money to my account and I wouldn't have to trade in multipule accounts, but legally thats a bad idea.
More...
 
Quote from DontMissTheBus:

Ooooh right, you are going to trade your friends' hard earned money.

Yeah, nothing will go wrong with that. Carry on.
More...

So longs as it's not much, I'll write a check for any losses (like that will happen;)). If you love trading, IMO, get others interested, because there is nothing like making a (smart) buddy money. They'll teach themselves, and evangelize all of their other friends.
 
Why would you do this? Financing cost on your margin longs is cheaper than friendship, you know?

Quote from GordonTheGekko:

... I'll write a check for any losses (like that will happen;))....
More...
 
Quote from GordonTheGekko:

Is global futures an actual brokerage?

Are there other futures platforms w/o a minimum despoit? If so, I think I've cracked the code behind trading small amounts (and hense getting friends in the game!)
More...

I checked Generic Trade, they have no minimum requirement to open and trade but like other said, with every broker you need to deposit money to trade, you cannot trade if you have zero money in your account.
 
You must log in or register to reply here.
Back
Top