I am a brand new member to this forum and a newbie trader of 1 year. I am currently moving away from FX/MT4 and over to CME Currency Futures/NT7. I was hoping to gain some advice regarding the best Broker/Clearing/VPS combination to go with.
The two options I am currently considering are Ninja Brokerage or Intelligent Financial Markets (IFM) who are based in Australia. IFM are more expensive $2-3 per RT but they are local. Recommendations on either please?
Ninja offers clearing through Dorman Trading and Phillip Capital, and IFM offers clearing through Dorman. Recomendations for either please?
As I am based in Australia, can anyone also recommend the best suited colocated VPS provider for low latency for trading Currency Futures?
Any advice would be much appreciated cheers.
Last edited by Bodizipher; December 1st, 2015 at 11:16 PM.
For the VPS, search VPS. Plenty of existing discussions.
Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.
Need help? 1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first. 2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses. 3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make. 4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance. 5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers. 6) Help using the forum? Watch this video to learn general tips on using the site.
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This post has been selected as an answer to the original posters question
Very busy morning here. So far a possibility of 26 trades. Impossible to take all of them. Took only 3. All three winners. Of the 26, 22 would of been winners. It's like this every day. So what's the point? If you trade a lot a very low commission will make you money. Even more important- What if you only trade 1 a day? You need to save all you can. Only know about Dorman, no complaints. Good day