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Searching reliable broker with low commisions

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  #1 (permalink)
 Mlok 
Prague
 
Experience: Beginner
Platform: NinjaTrader
Trading: CL, MGC, ME6
 
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Posts: 353 since Jan 2017
Thanks: 298 given, 373 received

Hello. I would love to get some help, since finding anything reliable in sea of google adds became pain!

I am not happy with my current broker commisions and I would like to find another broker that:

1) Accept oversea customer
2) Offers low commisions
3) Little or no monthly fees since there are weeks I dont trae at all
4) Low initial deposit

I use a Ninjatrader for analysis, then a separate broker to execute. I dont need much, just simple interface to set a market/limit order and a stoploss. I will take care about other things in my Ninjatrader.

Edit: I am trading futures, grains, natural gas and so on.

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  #3 (permalink)
 rleplae 
Gits (Hooglede) Belgium
 
Experience: Master
Platform: NinjaTrader, Proprietary,
Broker: Ninjabrokerage/IQfeed + Synthetic datafeed
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What instruments are you trading ?

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  #4 (permalink)
 Mlok 
Prague
 
Experience: Beginner
Platform: NinjaTrader
Trading: CL, MGC, ME6
 
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rleplae View Post
What instruments are you trading ?

Oh, sorry! Vital information! I am trying to trade futures, grains and natural gas

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  #5 (permalink)
 rleplae 
Gits (Hooglede) Belgium
 
Experience: Master
Platform: NinjaTrader, Proprietary,
Broker: Ninjabrokerage/IQfeed + Synthetic datafeed
Trading: 6A, 6B, 6C, 6E, 6J, 6S, ES, NQ, YM, AEX, CL, NG, ZB, ZN, ZC, ZS, GC
 
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Mlok View Post
Oh, sorry! Vital information! I am trying to trade futures, grains and natural gas

Why not use Ninjabrokerage if you already are on their platform ?

How many round trips do you execute on a month ?

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  #6 (permalink)
 Mlok 
Prague
 
Experience: Beginner
Platform: NinjaTrader
Trading: CL, MGC, ME6
 
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rleplae View Post
Why not use Ninjabrokerage if you already are on their platform ?

How many round trips do you execute on a month ?

Tanks for another anwser! ATM I am used to do analysis on Ninjatrader. I watch the markets and study my things. Platform is free on sim and data are also free on sim. When I see opportunity to make a real trade, I log in to my separate broker with no platform and no monthly fees and take it. So everything is free, but the commisions, they are expensive.

I would like to improve that. I would like to do a one or two trades per day, four or five days per week, three or four weeks per month, so average about 25 or 30 trades per month. This might change in time but my strategy and system offers about one signal per hour, I have three hours per day to trade after my dayjob. So this is my estimation. Would be awesome if I had a lot of money to spend on high end platforms and systems, whole day to trade, but this is how it is

I would like to use Ninjatrader Brokerage in time, but at this moment I am searching for upgreade of my broker just for buying and selling. Do you have any reccomandations for that?

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  #7 (permalink)
 rleplae 
Gits (Hooglede) Belgium
 
Experience: Master
Platform: NinjaTrader, Proprietary,
Broker: Ninjabrokerage/IQfeed + Synthetic datafeed
Trading: 6A, 6B, 6C, 6E, 6J, 6S, ES, NQ, YM, AEX, CL, NG, ZB, ZN, ZC, ZS, GC
 
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Mlok View Post
Tanks for another anwser! ATM I am used to do analysis on Ninjatrader. I watch the markets and study my things. Platform is free on sim and data are also free on sim. When I see opportunity to make a real trade, I log in to my separate broker with no platform and no monthly fees and take it. So everything is free, but the commisions, they are expensive.

I would like to improve that. I would like to do a one or two trades per day, four or five days per week, three or four weeks per month, so average about 25 or 30 trades per month. This might change in time but my strategy and system offers about one signal per hour, I have three hours per day to trade after my dayjob. So this is my estimation. Would be awesome if I had a lot of money to spend on high end platforms and systems, whole day to trade, but this is how it is

I would like to use Ninjatrader Brokerage in time, but at this moment I am searching for upgreade of my broker just for buying and selling. Do you have any reccomandations for that?

I think doing manual entry/exit
one fiasco and you will loose the price of Ninjtrader life time license and commission for next few hundred trades


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  #8 (permalink)
 Mlok 
Prague
 
Experience: Beginner
Platform: NinjaTrader
Trading: CL, MGC, ME6
 
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Posts: 353 since Jan 2017
Thanks: 298 given, 373 received

Well yes that is a valid point, I am aware of that. Hmm... maybe I should reconsider my approach after all.


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  #9 (permalink)
 marpol 
San Francisco, CA
 
Experience: Advanced
Platform: IB-TWS, Ninja, Wave59, R
Broker: IB, IQFeed
Trading: ZB
 
Posts: 37 since Sep 2013
Thanks: 0 given, 23 received

If you trade with Ninja brokerage the platform comes for free (although a little higher commissions). How much do you pay now and maybe we can compare with what we use?

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  #10 (permalink)
 Mlok 
Prague
 
Experience: Beginner
Platform: NinjaTrader
Trading: CL, MGC, ME6
 
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Posts: 353 since Jan 2017
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marpol View Post
If you trade with Ninja brokerage the platform comes for free (although a little higher commissions). How much do you pay now and maybe we can compare with what we use?

Thanks for anwser. I pay about 10 dollars for purchase and 10 dolars for sell if its a one contract, 6 dollars if it is 2 or more. Account is free, it is linked with my bank account, so I can get in and out money for free at any time. I can get money from my borker account into wallet in my pants in two hours. I pay no monthly payments.

It was fine when I took just a couple of trades every now and then, but a 20 dollar commisions represent two ticks on Natural Gas, which is quite a disadvantage. When you add some slippage, maybe in both ways, we can get to 4 ticks

I love NinjaTrader, but their site is a mess. Is there some way to switch to some client interface, to get rid of silly adds and pictures, just to see usefull stuff. I didnt even know that platform is free when you use Ninjatrader Brokerage. That would be great.

I dont like manual executions on separate platform, it is not comfortable and it is dangerous. But it can be done.

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  #11 (permalink)
 trdrs 
netherlands
 
Experience: Intermediate
Platform: ib
Trading: aex
 
Posts: 2 since Mar 2017
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Hi Mlok, where are you based? Im other words what is oversea in your case?

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  #12 (permalink)
 Mlok 
Prague
 
Experience: Beginner
Platform: NinjaTrader
Trading: CL, MGC, ME6
 
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trdrs View Post
Hi Mlok, where are you based? Im other words what is oversea in your case?

Europe, Prague

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  #13 (permalink)
 trdrs 
netherlands
 
Experience: Intermediate
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Trading: aex
 
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Go for degiro.eu. they offer the lowest rates. For most common etfs and funds the first transaction per month is free at least here in the netherlands. Otherwise wait for tastyworks to become available for overseas accounts later this month or check tradestation (per trade option)

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  #14 (permalink)
 rleplae 
Gits (Hooglede) Belgium
 
Experience: Master
Platform: NinjaTrader, Proprietary,
Broker: Ninjabrokerage/IQfeed + Synthetic datafeed
Trading: 6A, 6B, 6C, 6E, 6J, 6S, ES, NQ, YM, AEX, CL, NG, ZB, ZN, ZC, ZS, GC
 
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trdrs View Post
Go for degiro.eu. they offer the lowest rates. For most common etfs and funds the first transaction per month is free at least here in the netherlands. Otherwise wait for tastyworks to become available for overseas accounts later this month or check tradestation (per trade option)

It looks like degiro.eu only allows to enter orders through their proprietary web I/F ?

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  #15 (permalink)
 mattz   is a Vendor
 
 
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@Mlok, what are the most important function/features that you need in a platform? Maybe I could recommend a few?

Thanks,
MattZ
Optimus Futures

There is a substantial risk of loss in futures trading. Past performance is not indicative of future results.

Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
1 800 771 6748 local 561 367 8686 email support@OptimusFutures.com
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  #16 (permalink)
 Mlok 
Prague
 
Experience: Beginner
Platform: NinjaTrader
Trading: CL, MGC, ME6
 
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Posts: 353 since Jan 2017
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mattz View Post
@Mlok, what are the most important function/features that you need in a platform? Maybe I could recommend a few?

Thanks,
MattZ
Optimus Futures

There is a substantial risk of loss in futures trading. Past performance is not indicative of future results.

Thanks for reply! I really apriciate help you guys provide

So far I am doing this: I run all my analysis on Ninjatrader 8, but I have just free version (simulation) and I get free realtime data in it. Most of the time I really do a simulation, I am watching my idnicators, charts, I run my own statiscis. But when I see the circumstances and signals and I want to trade, I cannot. Yeah, it would be awesome if I had lifetime license, but I dont. 1000 dollars is big money for me. My idea is to earn them first, which sure will be hard thing. I would be quite happy with Ninjatrader 8 platform with chart thrader working and ATM trailing stops and so on.

Anyway at this moment I do things manually. When I se a good opportunity, I log on my other "platform", which is just a webpage, which deosnt and even couldnt show me real time data. I go for limit order or market order, write down the numbers into a pop-up small window - and then I actually see that Ninjatrader is showing me real thing, because regarless of what my other "platform" show me, my order usually get fill. Then I do similar simulated trade on Ninjatrader, just to keep track on things, to see where am I and how far away I am from my entry, + - a couple of ticks. I have my web browser window ready to manually exit trade, because my current web "platform" is not able to do linked orders. Well I can place a stop loss order and usually I do, but it is just and failsafe stoploss very far away. In a situation I place a profit target order and a stoplos order and market gets volitale, they both will be filled, one doesnt cancel the other

It would be awesome if my other platform for executions would be able to do trailing stoplos, linked orders together like in Ninja, so if my target is filled, stoplos gets canceled, or if I could go "flat" somehow and exist everything, or place stoploss automaticly at certain ammount of ticks below my main order.

I know you guys will laugh, but come on, not that long ago people would do these orders by phone, or ICQ message to broker. I dont think it is such an inpossible thing to do. In my dayjob I am responsible for printing tens of thousand invoinces each week, each and every one have to have correct numbers, adreesses, IDs, if I missclick it could be a disaster, trading manualy is comaparable to what I do every day.

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  #17 (permalink)
 mattz   is a Vendor
 
 
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I am sorry, but this is not a way to trade. Any platform that you trade on and execute needs to give you real-time data and real-time account balance.

So you have a choice:
1) Buy the platform you want to trade on. You risk a lot more trading blind.
2) Use Multicharts.Net which could be provided for free. It has the features you are looking for and specified below. [yt]https://www.youtube.com/playlist?list=PLOGjoJXp0cmo5ZwpjuFnTUKGa3iIK2Ycj[/yt]


I do not see anything good coming out of the way you execute now due to fills, reporting, etc.

Thanks,
Matt Z
Optimus Futures

There is a substantial risk of loss in futures trading. Past performance is not indicative of future results.

Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
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  #18 (permalink)
 Mlok 
Prague
 
Experience: Beginner
Platform: NinjaTrader
Trading: CL, MGC, ME6
 
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Posts: 353 since Jan 2017
Thanks: 298 given, 373 received

Yeah, thanks for concern. I know that my way is not optimal. But there is another reason for it. I am in a trading for about half of the year and I wanted to try live trading. To feel how is it like. Everyone was talking about how brutal it can be and how is it hard on psyche. Well it doesnt seem to be hard at all for a newcommer! Sim was easy, almost trivial. Heat and pain I took in real trades was great motivator that really pushed me forward and now I feel much closer to the point where I can get trully serious

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  #19 (permalink)
 mattz   is a Vendor
 
 
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Mlok View Post
Yeah, thanks for concern. I know that my way is not optimal. But there is another reason for it. I am in a trading for about half of the year and I wanted to try live trading. To feel how is it like. Everyone was talking about how brutal it can be and how is it hard on psyche. Well it doesnt seem to be hard at all for a newcommer! Sim was easy, almost trivial. Heat and pain I took in real trades was great motivator that really pushed me forward and now I feel much closer to the point where I can get trully serious

I understand that you need to start somewhere, but if you decided to go live trading you should do it right.
You can't be "creative" with execution and the minimal you require is real time reporting of your positions.
It would be comforting for you to know that the successful traders that I come across do not require features that beginner trader think they may need.


Lastly, "Sim" for the most part is not a reference for real trading. The transition is always hard.

Matt Z
Optimus Futures

There is a substantial risk of loss in futures trading. Past performance is not indicative of future results.

Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
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  #20 (permalink)
 Mlok 
Prague
 
Experience: Beginner
Platform: NinjaTrader
Trading: CL, MGC, ME6
 
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Posts: 353 since Jan 2017
Thanks: 298 given, 373 received

These points are so valid it pains me.

I think I will just go and buy a lifetime licence on Ninjatrader 8. I am wokring on that platform all the time, doing all my research, all my testing and statistics. Its a way of least resistance for me. I also like BookMap a lot, great idea, but I am not sure if transition to new platform would do me any good. But then, if I decide that I would like to go for lifetime licence, should I go for multibroker one? Doest it pay off? Can I upgrade it later? Maybe I should anwser this question myself and search for all terms and offers of supported brokers.

Damn, I should see a platform license as asset of my "company", not as a huge expenditure.



trdrs View Post
Go for degiro.eu. they offer the lowest rates. For most common etfs and funds the first transaction per month is free at least here in the netherlands. Otherwise wait for tastyworks to become available for overseas accounts later this month or check tradestation (per trade option)

Anyway, I am also very happy with Degiro commisions. DAX is very cheap compared to what I have now. I will explore that broker possibilities futher.

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  #21 (permalink)
 Blash 
Legendary Market Chamois
Chicago, IL
 
Experience: None
Platform: NT8,NT7,TWS
Broker: InteractiveBrokers, S5T, IQFeed
Trading: The one I'm creating in the present....Index Futures mini/micro, ZF
 
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Mlok View Post
These points are so valid it pains me.



I think I will just go and buy a lifetime licence on Ninjatrader 8. I am wokring on that platform all the time, doing all my research, all my testing and statistics. Its a way of least resistance for me. I also like BookMap a lot, great idea, but I am not sure if transition to new platform would do me any good. But then, if I decide that I would like to go for lifetime licence, should I go for multibroker one? Doest it pay off? Can I upgrade it later? Maybe I should anwser this question myself and search for all terms and offers of supported brokers.



Damn, I should see a platform license as asset of my "company", not as a huge expenditure.









Anyway, I am also very happy with Degiro commisions. DAX is very cheap compared to what I have now. I will explore that broker possibilities futher.





Perhaps this is something to consider?
@Big Mike here at FIO is going to have a Trade Journal contest very soon. The prize is a free lifetime Ninjatrader license.

Actually the entire story goes like this: The Trade Journaling contest was scheduled for this month of April. It was to be a Video Trade Journal. Due to low interest @Big Mike was forced to reschedule and change the contest to the regular type of Trade Journal contest (text and screen shots perhaps some videos etc).

Here is the contest thread

As far as I know the contest is being rescheduled soon with the same prizes.

FWIW I like the way you have presented yourself here in your thread. You seem like a very honest and hardworking soul. If you were to start a Trade Journal here at FIO and enter this contest I would read your Journal and vote for you!

Ron


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Edit: added quoted post and bold text

...My calamity is My providence, outwardly it is fire and vengeance, but inwardly it is light and mercy...
The steed of this Valley is pain; and if there be no pain this journey will never end.
Buy Low And Sell High (read left to right or right to left....lol)
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  #22 (permalink)
 Mlok 
Prague
 
Experience: Beginner
Platform: NinjaTrader
Trading: CL, MGC, ME6
 
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Posts: 353 since Jan 2017
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Blash View Post
Perhaps this is something to consider?
@Big Mike here at FIO is going to have a Trade Journal contest very soon. The prize is a free lifetime Ninjatrader license.

Thanks for great idea! I allready have a journal on Futures.io -

I was considering making a video. I didnt know that all journals can now participate, even with no videos at all. But lets be realistic, my journal is, well, just a journal! I am writing those things to my future self - and I am doing it publicly because sometimes visiting reader might be in similar situation, or have similar experience, so we can somehow help each other.

Other people have awesome journals, very detailed and profesional things, not amaterish diary like me Realistically I cannot win, since I wouldnt vote for my journal over the profesional things myself

But thanks for awesome tip! I was not aware that my journal is suitable for competition! Thanks a lot!

"Life is willingness to die."

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  #23 (permalink)
 Blash 
Legendary Market Chamois
Chicago, IL
 
Experience: None
Platform: NT8,NT7,TWS
Broker: InteractiveBrokers, S5T, IQFeed
Trading: The one I'm creating in the present....Index Futures mini/micro, ZF
 
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Posts: 2,287 since Nov 2011
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Shame shame and double shame on me....lol...

I already knew of your journal I made the 4th post there!

Please forgive me.

Ron


Sent from my iPhone using futures.io

...My calamity is My providence, outwardly it is fire and vengeance, but inwardly it is light and mercy...
The steed of this Valley is pain; and if there be no pain this journey will never end.
Buy Low And Sell High (read left to right or right to left....lol)
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  #24 (permalink)
 Mlok 
Prague
 
Experience: Beginner
Platform: NinjaTrader
Trading: CL, MGC, ME6
 
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Posts: 353 since Jan 2017
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Blash View Post
Shame shame and double shame on me....lol...

I already knew of your journal I made the 4th post there!

Oh please dont worry about that at all! There is plenty of people all over this place, how could you remember every newbie I am glad that you contributed to my journal and that you contributed to this thread as well! And your good wish is very apriciated by me, I feel only positive things towards you, so no need to be ashamed!

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  #25 (permalink)
 rleplae 
Gits (Hooglede) Belgium
 
Experience: Master
Platform: NinjaTrader, Proprietary,
Broker: Ninjabrokerage/IQfeed + Synthetic datafeed
Trading: 6A, 6B, 6C, 6E, 6J, 6S, ES, NQ, YM, AEX, CL, NG, ZB, ZN, ZC, ZS, GC
 
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There are also a few companies, where for a minimal fee, you can proof you can trade
and then you can trade their money and keep 80%

Maybe this could also be something of interest for you,
it will also force you to apply rigid risk control parameters
in order to stay in the game

The money you then need to invest is very minimal, at least to start with...

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 xplorer 
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rleplae View Post
There are also a few companies, where for a minimal fee, you can proof you can trade
and then you can trade their money and keep 80%

Maybe this could also be something of interest for you,
it will also force you to apply rigid risk control parameters
in order to stay in the game

The money you then need to invest is very minimal, at least to start with...

Hi Ron

Just curious - but I know only of TST with this model (and perhaps one connected to MES Capital). Do you have other names that operate under this model?

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 Blash 
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xplorer View Post
Hi Ron

Just curious - but I know only of TST with this model (and perhaps one connected to Tradovate). Do you have other names that operate under this model?

Hey there... another Ron here.....lol

These guys I guess are.........

https://oneuptrader.com/

Ron

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 xplorer 
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Hey there... another Ron here.....lol

These guys I guess are.........

https://oneuptrader.com/

Ron

Yep thanks Ron, I meant that one - connected to MES I think.

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 rleplae 
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Blash View Post
Hey there... another Ron here.....lol

These guys I guess are.........

https://oneuptrader.com/

Ron

while i was still trying to find it... @Blash was faster.. as always

they are very like TST (i wonder if TST will not sue them for copycat)
they even have some of the old rules : you can only trade instruments in which you were profitable

they only started in April, so I guess their processes will not yet be so oiled,
for just a little less money, but .. we'll see if they survive

there are a few others around...

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 Blash 
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xplorer View Post
Just curious - but I know only of TST with this model (and perhaps one connected to MES Capital). Do you have other names that operate under this model?


There is also Jack D. Schwager's latest project https://fundseeder.com/home

Though it is a different approach. Seems to me more legitimate perhaps????

Ron

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 mattz   is a Vendor
 
 
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Blash View Post
There is also Jack D. Schwager's latest project https://fundseeder.com/home

Though it is a different approach. Seems to me more legitimate perhaps????

Ron

Closer the way that money is being allocated in the industry, ie REAL track record based on real trades.

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 Mlok 
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rleplae View Post
There are also a few companies, where for a minimal fee, you can proof you can trade
and then you can trade their money and keep 80%

Maybe this could also be something of interest for you,
it will also force you to apply rigid risk control parameters
in order to stay in the game

The money you then need to invest is very minimal, at least to start with...

Guys, thanks for anwser, but is this way trully legit? Do they trully profit from 20%? They will just let me trade their money and give me 80% of profits? I dont get it! When I open their web pages, it seems to me like they are trying to sell me a dream. That test that proves me worthy would have to be incredibly difficult, how can they let a stranger trade their real money?

If I had prop shop, I would want to know each of my traders personally and study his every move at start. Also, do they get 20% of profit of everything I sell? So I have 20% smaller profits and 20% bigger losers?

How can they give me 80% of profits when they risk all the money? That doesnt make any sense to me. If it was a 20%, ok, that would make some sense according to risk reward!

"Life is willingness to die."

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 rleplae 
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Mlok View Post
Guys, thanks for anwser, but is this way trully legit? Do they trully profit from 20%? They will just let me trade their money and give me 80% of profits? I dont get it! When I open their web pages, it seems to me like they are trying to sell me a dream. That test that proves me worthy would have to be incredibly difficult, how can they let a stranger trade their real money?

If I had prop shop, I would want to know each of my traders personally and study his every move at start. Also, do they get 20% of profit of everything I sell? So I have 20% smaller profits and 20% bigger losers?

How can they give me 80% of profits when they risk all them oney? That doesnt make any sense to me. If it was a 20%, ok, that would make some sense according to risk reward!

There are a few dedicated threads on this on the forum,
you may want to read those and eventually ask somebody that passed it and received $$$

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 Mlok 
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There are a few dedicated threads on this on the forum,
you may want to read those and eventually ask somebody that passed it and received $$$

Hmm ok I will do that BTW which one out of those "prop shops" would you reccomand to try?

"Life is willingness to die."

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 rleplae 
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Mlok View Post
Hmm ok I will do that BTW which one out of those "prop shops" would you reccomand to try?

I think TST is leading in this space

TST allows you to try them for free, for 2 weeks
you will find hundreds of FIO members who tried TST, so you can find experience/comments
They are long in this business, so they have a bit of a track record

They did a few webinars, start listening to it and do your due dilligence

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 Mlok 
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rleplae View Post
I think TST is leading in this space

So basically they say: pay some money to us, get sim account, make it to profit target, then you get a funded account. I will also have to buy a lifetime license and data and so on, but I can use their account to trade and share profits. Well it sounds good, only problem is while they keep up to this and if I will be able to rade however I want after I pass the trial.

I will have to stody this problematic some more. I would love to speak with someone that passed the trial and is happy with trading this way to see if it is worth

"Life is willingness to die."

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 rleplae 
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Mlok View Post
So basically they say: pay some money to us, get sim account, make it to profit target, then you get a funded account. I will also have to buy a lifetime license and data and so on, but I can use their account to trade and share profits. Well it sounds good, only problem is while they keep up to this and if I will be able to rade however I want after I pass the trial.

I will have to stody this problematic some more. I would love to speak with someone that passed the trial and is happy with trading this way to see if it is worth

You may want to look here :


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 Mlok 
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You may want to look here :


Thanks. I red majority of that thread. I think I see that there is no flaw in their risk / reward ratio. I wonder how many true trading accounts there is, seems to me that they can just go demo on everything and if someone occationaly gets to the point he can take some profits, before he loses that account somehow, they can pay him from other people subscriptions

Anyway I see that their rules are basically legitimate rules that flawless trading strategy needs to have. You can argue that "if I cannot meet those rules, I wont be able to trade profitably on my own anyway." In theory, yes, also I know that I am undercapitalised. But once I get something going, I can stop for two months, or ten days, or take huge loss and slowly rebuild my capital, or lose everything and take year or two rebuliding everything. I can set my own rules according to my own psychology. I can start where I left at any point. Relying on myslf only (well and my broker).

I think I am a lucky person, long term, but short term I am very unlucky. Dices, cards and so on, I am not that lucky highroller child I want to relly on myself and for that reason I will continue to pursue trading with my own money. I am very glad for a nice alterantice you presented tho!

"Life is willingness to die."

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Mlok View Post
Hello. I would love to get some help, since finding anything reliable in sea of google adds became pain!

I am not happy with my current broker commisions and I would like to find another broker that:

1) Accept oversea customer
2) Offers low commisions
3) Little or no monthly fees since there are weeks I dont trae at all
4) Low initial deposit

I use a Ninjatrader for analysis, then a separate broker to execute. I dont need much, just simple interface to set a market/limit order and a stoploss. I will take care about other things in my Ninjatrader.

Edit: I am trading futures, grains, natural gas and so on.

Looks like no one has suggested Interactive Brokers...maybe I missed a piece of the puzzle in solving your dilemma, but they interface with NT last I checked, they accept non-US customers, and commissions (at least to US customers trading US exchanges) are quite low. Criterion #4 is where they might fall flat for you...in the US, their minimum to open an account is $10,000.

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 myrrdin 
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Mlok View Post
Hello. I would love to get some help, since finding anything reliable in sea of google adds became pain!

I am not happy with my current broker commisions and I would like to find another broker that:

1) Accept oversea customer
2) Offers low commisions
3) Little or no monthly fees since there are weeks I dont trae at all
4) Low initial deposit

I use a Ninjatrader for analysis, then a separate broker to execute. I dont need much, just simple interface to set a market/limit order and a stoploss. I will take care about other things in my Ninjatrader.

Edit: I am trading futures, grains, natural gas and so on.

It is not sufficiently clear to me what you are looking for. I have recent experience with three Brokers:

Interactive Brokers: Very low fee, very limited service, problems to sell naked options, you can trade very many exchanges.

De Carley: Acceptable fee, excellent service, they appreciate the service for clients selling naked options.

RJO: Acceptable fee, good service, excellent free material for customers on grains fundamentals.

Best regards, Myrrdin

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