Review of Cannon Trading

SimpleMeLike

SimpleMeLike

Hello,

I am planning/considering to open a live account with Cannon Trading for intraday future index and commodity trading.

If you use this broker, please share your experiences (good or bad).

Thank you,
 
Cannon uses 5 different FCMs.

You will get better input if you mention which FCM you will be using.
Data feeds and therefore platform choice, all-in commissions, margin requirements, and of course order fills and other account aspects such as liquidation policy etc, are all affected by the FCM used.
 
SimpleMeLike said:
Hello,

I am planning/considering to open a live account with Cannon Trading for intraday future index and commodity trading.

If you use this broker, please share your experiences (good or bad).

Thank you,
More...
I dont use them but curious what is making you want to try them?
 
tiddlywinks said:
Cannon uses 5 different FCMs.

You will get better input if you mention which FCM you will be using.
Data feeds and therefore platform choice, all-in commissions, margin requirements, and of course order fills and other account aspects such as liquidation policy etc, are all affected by the FCM used.
More...
Thank you for response.

What does FCM means and why is it important to me? I day trade crude oil futures. 1 to 2 contracts only.
 
caacapital said:
I dont use them but curious what is making you want to try them?
More...
Thanks caacapital,

Because their day trade margins are low and account size requirements is afforable for me and I can use my favorite trading platform with them I am comfortable with. And good reviews online.
 
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