NT brokerage which to use: Dorman Trading or Phillip Capital | Reviews of Brokers and Data Feeds


futures.io - 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




 

NT brokerage which to use: Dorman Trading or Phillip Capital

  #11 (permalink)

Tor + ON
 
Trading Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: Emini ES
 
Posts: 3 since Jun 2016
Thanks: 0 given, 1 received


MacroNinja View Post
Check out the CFTC reports for the financial standing of the respective firms you are inquiring about.

Financial Data for FCMs - CFTC


based on the above link, here is a quick comparison table Dorman vs Phillip_Capital:

Date 6/30/2016
Adjusted Net Capital - Dorman:9,677,432 Phillip_Capital:33,730,018
Net Capital Requirement - Dorman:1,616,314 Phillip_Capital:14,629,827
Excess Net Capital - Dorman:8,061,118 Phillip_Capital:19,100,191
Customers Assets in Seg - Dorman:167,465,628 Phillip_Capital:234,982,638
Customers Seg Required 4d(a)(2) - Dorman:163,359,860 Phillip_Capital:213,044,391
Excess/Deficient Funds in Seg - Dorman:4,105,768 Phillip_Capital:21,938,247
Target Residual Interest in Seg - Dorman:2,000,000 Phillip_Capital:10,652,220
Funds in Separate Section 30.7 Accounts - Dorman:4,632,339 Phillip_Capital:11,657,323
Customer Amount Pt. 30 Required - Dorman:3,825,556 Phillip_Capital:6,302,048
Excess/Deficient Funds in Separate Section 30.7 Accounts - Dorman:806,783 Phillip_Capital:5,355,275
Target Residual Interest in Section 30.7 - Dorman:200,000 Phillip_Capital:315,102

The following 5 users say Thank You to orujflat for this post: