Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
I have contacted Dorman a couple of times in the last 2 or 3 weeks asking about information on opening an account with them, stuff like minimum deposit, day trading margins for each instrument (on their site is only listed overnight margin), commissions, etc. I said I was planning to use Sierra and their Denali data feed and order routing, and using Dorman as a clearing firm.
I got no reply so far. I find it very strange because brokers usually reply in the same day... So I wonder if they just closed down the business and abandoned the website.
(They are one of the two FCM's used by NinjaTraderBrokerage, but I think they will open an account without getting it from NT. They say they will, anyway. )
As to whether they are out of business, I have no information on that, but since they are one of the two FCM's that NinjaTraderBrokerage is an IB for, I'm sure we would have had a lot of posts here from NT traders if they were....
I don't know what the problem is with your queries, however. I assume you used their Contact Us page or the phone number listed, but if you just used info from the SC site, this may help: https://www.dormantrading.com/contact-us/
Bob.
When one door closes, another opens.
-- Cervantes, Don Quixote
I just setup an account with tradovate been a few weeks since they approved my ACH transfer even see the money taken from my checking account yet nothing in my trading account. The money actually went to Dorman Capital it seems that there is an unprecedented amount of people opening trading account right now and trading. That doesn't surprise me people who were not able to daytrade from work are now able to because they are working from home now. Even TD and Fidelity are 50-75 minutes on hold today I was trying to work out a problem between the two and a paper check from a 401k rollover.