I am relatively new to trading the correct wayand I am trying to understand several things.Right now my question is, what is the purpose of an introducing broker? from what I can see right now is it enables lower margins. Is there another benefit or …
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The difference is that you would either be working directly with the FCM (Ironbeam), or through the IB (Optimus). For any account needs you would be contacting either the FCM if you have the account with them, or Optimus if you open your account there. There are many other differences but to the end-user that would be the biggest.
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When you go fcm direct they expect that you will open your account and not call them or bother them too much. I have experience with ironbeam and they will give you excellent customer service when fcm direct.
Optimus should give you exceptional customer service.. I. E. If you want to know the Tick value of ethanol futures then they will help you. My point is that
Fcm direct the service is there but you need to be able to think and understand contracts etcm vs fcm direct but both seem good.
I really like iron beam and they are very competitive as well as give you great service
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