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Ironbeam brokerage / FCM (www.ironbeam.com)


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Ironbeam brokerage / FCM (www.ironbeam.com)

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  #1 (permalink)
tradercube
toronto, ontario/Canada
 
 
Posts: 1 since Apr 2012
Thanks: 0 given, 0 received

Hi All,
I am new in this forum.
I am about to open a new futures trading account. Due to some firewall setting at office, my choices are very limited.
Does anyone in the forum knows the credibility of a brokerage called "Iron Beam" ?

if anyone knows please shout out.
Thank You

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  #3 (permalink)
 Dale Box 
Houston Texas USA
 
Experience: Advanced
Platform: X_TRADER
 
Posts: 63 since Sep 2010
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tradercube View Post
Hi All,
I am new in this forum.
I am about to open a new futures trading account. Due to some firewall setting at office, my choices are very limited.
Does anyone in the forum knows the credibility of a brokerage called "Iron Beam" ?

if anyone knows please shout out.
Thank You

Hi Tradercube,

Ironbeam is a solid FCM. I've never heard a negative thing about them...

Best regards,

If you have any questions about our services at Velocity Futures please send me a private message.
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  #4 (permalink)
 0bl1vion 
Toronto, Canada
 
Experience: Beginner
Platform: NinjaTrader
Broker: AMP/CQG
Trading: Natural Gas
 
0bl1vion's Avatar
 
Posts: 28 since Jun 2012
Thanks: 16 given, 12 received

Checked them out and spoke to one of their sales people.

The margins they offered initially are kind of high.
They offered to match the commissions and day trade margins I pay at AMP... If they offered me something better, I may have even switched brokers!

Didn't come across anything negative about them via google.

As mentioned above, they are regulated.

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  #5 (permalink)
pfranz
Valletta, Malta
 
 
Posts: 26 since Aug 2012
Thanks: 1 given, 16 received

Check their discount division,Zumo (https://www.zumo.com).Their prices are the best for small volume

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  #6 (permalink)
 RickW 
Duncan, B.C.
 
Experience: Intermediate
Platform: TS,MC
Trading: CL,TF
 
Posts: 27 since Jul 2010
Thanks: 96 given, 3 received

I'd check this link out if I were you.

IronBeam Futures Trading Reviews - Top Rated Firms
Just noticed the dates. Oh well, maybe help someone else.

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  #7 (permalink)
Fr33B1rd
Novi Sad Serbia
 
 
Posts: 13 since May 2018
Thanks: 5 given, 8 received

Has anyone used Ironbeam and what are their experiences? I see reviews on them online but they all look too good to be true and fake. I also know it's tied up with Farr financial and thus has a darker past.

Would you say it is safe to use them? My options are limited.

Cheers,

Freebird

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  #8 (permalink)
stopnlimits
Chicago, IL
 
 
Posts: 29 since Mar 2011
Thanks: 7 given, 7 received

I've been out of trading for a while. It took me a long time to save some capital I could start playing with in the markets. I've heard of Ironbeam and have demo'd their FireTip platform in he past. It's a nice platform but if I'm not mistaken it cost $50.00 a month. There are definitely better platforms out there that are lower in cost or even free. I know their not a huge firm but they are a real firm to clear your trades and definitely not fake. You can look them up on the NFA website too and they are there.


Fr33B1rd View Post
Has anyone used Ironbeam and what are their experiences? I see reviews on them online but they all look too good to be true and fake. I also know it's tied up with Farr financial and thus has a darker past.

Would you say it is safe to use them? My options are limited.

Cheers,

Freebird


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  #9 (permalink)
 Ironbeam   is a Vendor
 
 
Ironbeam's Avatar
 
Posts: 71 since Jan 2018
Thanks: 39 given, 70 received

Hey all,

I know this thread is old but I thought I'd hop in here just in case. The Firetip X platform is completely free for the year 2020 (and might be continued into 2021). So no monthly or transactional platform fees. It has its own dedicated data feed as well, so you are not subject to the 10-25 cent CQG or Rithmic fee.

Mike Murphy - Director of Trading

Feel free to reach out with any questions. (312) 765 7228. There is a substantial risk of loss in trading futures and options. Past performance is not necessarily indicative of future results. Full Details.
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  #10 (permalink)
 Ironbeam   is a Vendor
 
 
Ironbeam's Avatar
 
Posts: 71 since Jan 2018
Thanks: 39 given, 70 received



RickW View Post
I'd check this link out if I were you.

IronBeam Futures Trading Reviews - Top Rated Firms
Just noticed the dates. Oh well, maybe help someone else.

Rick,

Thanks for pointing this page out. We're not entirely sure how we ended up on this reviews site, but we've had a lot of issues with this one. A competitor of ours has routinely copied their negative reviews onto our page in the past (you can see by checking the dates between the two). If you are looking for verified reviews of actual customers, we send the below link to every new customer when they open an account with us. I should also note that we do not in any way compensate customers for reviews as some other firms do.

https://www.trustpilot.com/review/ironbeam.com

Feel free to reach out with any questions. (312) 765 7228. There is a substantial risk of loss in trading futures and options. Past performance is not necessarily indicative of future results. Full Details.
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