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Anyone have advice as to which broker i should set up an account with? I am new and am getting close to going live but need a broker obviously. All i really need is data feed and not too expensive round turn costs for Crude Futures. Any constructive advice and expereince to speak of would be great!
Cheers,
Cisco.
Can you help answer these questions from other members on NexusFi?
I have been trying to set up an account with AMP Global Futures but it seems as though from working through the application process they do not accept accounts with residents from the province of British Columbia. Crappy.
If you can't find a broker with a clearing house that will put in writing they won't use your funds in overnight repos or as collateral for third party agreements - I'd pick the biggest you can (also comparing rates/fees).
As some measure of safety you can spread the trading funds over different accounts if your trading software / account size warrants.