Refco - $4/RT. Anyone use em?

Does anyone know if its possible to trial Protrader using a simulated account? I see that you can trial the Xpress platform but there is no mention of Protrader. It seems obvious that you need to try it before committing to using it as a professional platform? No?


Does anyone know what the minimum account opening balance is for Velocitetrader?

Thanks

Indie


:)
 
I don't know of a way to use Protrader in training/demo mode. I hear though that at their head office their own new traders are put on demo mode. Does this mean that they have two versions of software - one for the retail client and one for internal use?
 
Quote from since1997:

I don't know of a way to use Protrader in training/demo mode. I hear though that at their head office their own new traders are put on demo mode. Does this mean that they have two versions of software - one for the retail client and one for internal use?

The simulation download has a limited list of active contracts (the obvious suspects from CME, CBOT, Eurex, LIFFE), that's the only difference Refco highlighted. After they okay your registration, they give you a u/name + p/word for simul. I was already a client at the time of reg'n.

I believe FredBlogg's comment on the minimum is correct. Refco considers smaller retail traders are better served at Lind-Waldock.
 
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