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?

  #25 (permalink)

Market Wizard
Boca Raton
Trading Experience: Advanced
Platform: Variety
Broker/Data: Optimus Futures, LLC
Favorite Futures: Futures
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Posts: 2,410 since Sep 2010
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tpredictor View Post
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.

Although we offer Futures only, I do not think that your conclusion/assumption on companies that offer other asset classes on other platforms is valid. There is a separation between front-end and backend connectivity, they do not sit on top of each other. Second, TradeStation and MC, in my opinion, provide better-bactested results than many other platforms I have seen. This, in my opinion, is one of their core strength.

Matt Z
Optimus Futures

There is a substantial risk of loss in futures trading. Past performance is not indicative of future results.

PM with any questions about optimusfutures (800) 771-6748 (561) 367 8686. THERE IS A SUBSTANTIAL RISK OF LOSS IN FUTURES TRADING.
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