this is the reply to my request of clarification :
..............................I would like some clarifications, the commission are all inclusive, exchange nfa ..., and the platform fee too? and I would like to understand what does it mean active trader in term of monthly contracts traded.
Yes everything is included in these prices. Active trader is someone that does more than 20 contracts per month (a trade a day). So if you are looking at putting in 1-10 trades per month I would not consider an active trader.
So I think that all things are enough negotiable with Dorman.
this is the email i received:......................To understand your all in transaction costs, I have broken down the individual components for the products you trade. For the commission part, I am using a monthly volume figure of 1000 sides. Your actual commission rate will vary slightly depending on actual volume. Advantage Futures employs a sliding scale rate calculator where your rate decreases as your volume increases. To view this schedule, please Click Here. Here is the breakdown of your transaction costs:
For the CTS platform they charge $0.50 per contract, capped at $500 per month (so 1000 contracts) after which you do not pay any additional platform fees. Regarding intra day trading and margins, Advantage Futures will start you with 2 to 1 leverage (50% margin) as long as you fund your account with a minimum of $10,000. After you have traded for a few weeks, we may increase that leverage to as much as, but not more than 4 to 1 (25% margin). You may fund your account in euros. All funds are held in a customer segregated account at Harris Bank in Chicago. Harris Bank is owned by the Bank of Montreal. The Canadian banks are highly regulated and have therefore escaped the credit issues that have recently plagued the U.S. system. If you do decide to fund in euros, you will want to convert a portion of your money into U.S. dollars to pay commissions and NFA fees.
Take your Pips, go out and Live.
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For a equities account with a broker you are protected up to $X under SIPC if the broker fails
For a bank account you are protected up to $X under FDIC if the bank fails
For a futures account with a broker you are not protected, I believe
I think that when u have a segregated account, it is seen like a Bank account, separated from your broker, and therefore if broker fail the only part that that goes into bankrupty is the margin u use to hold opened positions.