NinjaTrader Brokerage Services ( | Reviews of Brokers and Data Feeds - futures trading strategies, market news, trading charts and platforms

Reviews of Brokers and Data Feeds

Review and discuss futures brokers, their requirements and features, or ask questions about brokers and data feeds


NinjaTrader Brokerage Services (

  #114 (permalink)

Michigan, Jackson
Trading Experience: Intermediate
Platform: NT and TS
Broker/Data: NT Continuum
Favorite Futures: ES, CL
Posts: 857 since Jul 2009
Thanks: 389 given, 551 received

LLCs and S Corps - non-professional trading status?

Are all LLCs and/or S Corps operating as a trading business or trading education business contrued by law as professional? If so, is this a CFTC ruling or an IRS ruling? If I recall correctly, former Mirus representative commented on the fact that not all LLCs and/or S Corps that have accounts with them are considered professional but non-professional.

Legally, wherein lies the distinction? Anyone operating a non-professional trading LLC/ S Corp?



Reply With Quote