Which Broker to Choose?

[Spiderbird]

Hi all,

I have 16k to park with an online broker for futures trading. If my typical trading pattern is:

1. Would probably place trades 1-3 times a month (outside of stops).
2. Would want executions to be fairly accurate.

I'm with e-Trade now, and I have to put in limit orders just to get the price I'm looking for (they're slippage is awful).

What would you recommend, given this scenario?

Also, apologies in advance if this belongs in a completely different forum.

 

[teun]

I would recommend IB. Cheap and good execution. Only cost will be data ($10) when you trade less than $30 commissions/month.

 

[Spiderbird]

Thanks teun!

I ended up going with IB, went through the application process, and am all set to go. Appreciate your help.

- R

 

[Catoosa]

You got great advice and made the best choice. I