Stage 5 Trading's Anthony Giacomin (Managing Partner) - Ask Me Anything (AMA) | Reviews of Brokers and Data Feeds


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Stage 5 Trading's Anthony Giacomin (Managing Partner) - Ask Me Anything (AMA)

  #40 (permalink)

Chicago IL/USA
 
Trading Experience: Advanced
Platform: S5 Trader
Broker/Data: Stage 5 Trading
Favorite Futures: ZN, ES, GC, FESX, Stocks
 
Stage5 Anthony's Avatar
 
Posts: 34 since Apr 2013
Thanks: 40 given, 40 received


Tinwoodman View Post
Hey Anthony

I'm a new member in this forum and highly interested in trading futures. I'd like to start trading with Sierra Charts platform and has been adviced by experienced traders to chose your company for trading. I'm just in learning curve, particularly I'd like to trade Light Sweet Crude Oil futures trying to implement trading methods. What would be your advice? And I'd like to know wich kind of commissions and how much I have to pay for it, what is the pricing for services of Stage 5, using Sierra Chart Service Package 5? What is recommended minimum account size to be eligible to trade without margin calls and etc.?

And please take into consideration, that I'm not US or EU citizen. I'm citizen and resident of Republic of Armenia. Does it make obstacles of having account in Stage 5? What kind of information I have to provide to open account and be able to start trading?

Thanks in advance.

Hi @Tinwoodman,

It is great to hear from you and even better to learn about the nice words and recommendations you heard about Stage 5 from other community members and traders like yourself! Members involved in the Stage 5 community are the whole reason we are hear and talking today. The development of the community is a pillar of Stage 5's values and it has been great watching it grow to the point it is today. For me, it is even more exciting to see where the community evolves from here. My goal, is to continue to provide as much support and resources possible to help the community reach its goals. It has been great watching members reactions to the S5 Trade Analyzer Cloud go live. Very exciting to think that this is only the first iteration....where will it and the rest of the community be in a few years!??! This is something I am extremely excited to see.

Since you are new to futures, I personally would recommend practicing as much as possible to get a feel for the platform, execution, and trading plan you want to implement. There is no rush to get in to live trading, and I think the more time you can spend working on your plan in demo, the better! The markets are not going anywhere and neither are we, so when the time is right to go live you will know. At that point, I think trading the Micro Currency - M6E Euro FX, is a great way to transition from sim to live money before trading with the extreme leverage if bigger futures contracts.

Sierra Charts Package 5 can be purchased directly from Sierra Chart's website, currently package 5 starts at $33 per month. The S5 Trader is compatible with Sierra Chart, so the real time data you are paying for with your S5 Trader can connect and power Sierra Chart without additional charges. This provides you with the free S5 Trader Desktop, S5 Trade Analyzer, S5 Mobile Trader, and S5 web trader platforms for free.

Stage 5 commissions are extremely competitive. As a broker we align ourselves with our traders and understand that commissions or some of the biggest overhead of trader's businesses. With that being said, it is our fiduciary responsibility to provide lower rates as volumes grow. Most importantly we try to help you get exchange memberships to cut down costs lower once your volume warrants the business case. All areas we should be walking through together as partners.

I believe a Stage 5 broker has already reached out to your regarding commissions and other fees associated with an account. If not, feel free to contact us here: https://stage5trading.com/contact/ Just let us know you are Tinwoodman from futures.io and we will provide you with the customized brokerage solution you are looking for.

I don't foresee other obstacles in opening an account as a resident of the UK. I am sure our new accounts department will be able to provide you with more detail regarding the account opening processes. They will likely require a copy of a government issued photo ID as well as a proof of address document like a utility bill for address verification, but other than that, you will hopefully enjoy a nice and easy account opening process. We are here to help walk you through the account application process as much as possible. Don't be shy....we are here to help! If you would like to start the application process you can do so here: https://stage5trading.com/open-an-account/

I hope this helps. Please let us know what you think, if you have any questions, or how we can better assist you in fulfilling your brokerage goals.

Thanks and have a great day!

Best,

Anthony Giacomin
Managing Partner
Stage 5 Trading Corp.

Risk Disclaimer: Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. Past Performance is not indicative of future results.
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