based on the above link, here is a quick comparison table Dorman vs Phillip_Capital:
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 3 users say Thank You to orujflat for this post:
I am in process of opening an NT account and am faced with the same choice. Earlier in the thread lax99 touched on fills, slippage and so forth. I have been unable to find anything here through a search for Phillip and wonder if anyone else using them and if so, how has the service been. Any other comments on Dorman would be welcome as well.
Hi, please use the existing main NT brokerage thread. I am closing this one to avoid a split topic
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