What brokerages are you using/do you recommend for short term futures trading? | Reviews of Brokers and Data Feeds


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What brokerages are you using/do you recommend for short term futures trading?

  #24 (permalink)

North Carolina
 
Trading Experience: Beginner
Platform: NinjaTrader, Tradestation
Favorite Futures: es
 
Posts: 644 since Nov 2011

Two more notes, one I would be extra careful with third party software especially if connecting to non futures dedicated brokers. Both the broker and the software can be good but with anything complex there is potential for things to go wrong which is something you don't want to be dealing with. Second, I'm not sure that I'd fund an account beyond what you truly need. There have been a few cases where money has been locked or up lost at FCM's and if say you think you'll only truly need maybe 10k then why not hold out the rest in a savings account.

If you want to do system trading, I think Tradestation is still the best even though they don't seem to be investing properly into their platform. Tradestation's discretionary trading abilities aren't the best but are sufficient. Ninjatrader has the better ecosystem and innovative tools.

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