Broker selection for an Ontario Resident - futures io
futures io



Broker selection for an Ontario Resident


Discussion in Platforms and Indicators

Updated
    1. trending_up 3,141 views
    2. thumb_up 0 thanks given
    3. group 3 followers
    1. forum 4 posts
    2. attach_file 0 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 125,000 members
  • 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 and simple.

-- Big Mike, Site Administrator

(If you already have an account, login at the top of the page)

 
Search this Thread
 

Broker selection for an Ontario Resident

(login for full post details)
  #1 (permalink)
karohm
Toronto, Ontario
 
 
Posts: 10 since Feb 2021
Thanks: 0 given, 1 received

Hello everyone,

Currently I am residing in Ontario, Canada and I have been using interactive brokers for the past one year to trade mostly futures.

Originally, I am from India where brokers are pretty trustworthy and mostly you can blindly trust them.

A little by little I picked up how the market works in America and only came across to know IBf in Canada ( their platform is complete garbage for mac).

Recently I got to know about two brokers which are GFF Brokers and AMP Futures, they have pretty good margin rates for day trades and also a few options for the platforms I believe. But I wanted to ask if these brokers are trustworthy since currently I am trading with account size of 100k ( which is a big amount for me ), their websites also look kind of very old which I find it sketchy. I also see a lot of relevant posts about these brokers in this forum. Are these brokers as trusted as lets say Wealthsimple for Canada or Robinhood from the States ?

I also don't understand what they mean by my trades will be cleared through "IRONBEAM"?

All the help is much appreciated

Thank you,

Reply With Quote

Can you help answer these questions
from other members on futures io?
pay for programmer coding a custom indicator
Traders Hideout
High price during RSI oscillation
EasyLanguage Programming
What are the main Eurobond futures and their respective …
Traders Hideout
New to Sierra, share your charts and Templates
Sierra Chart
Exit on close of Bar
NinjaTrader
 
Best Threads (Most Thanked)
in the last 7 days on futures io
Why dont people trade 150 ES contracts?
36 thanks
Spoo-nalysis ES e-mini futures S&P 500
32 thanks
Vinny E-Mini & Algobox Review TRADE ROOM
27 thanks
Daytrading.Coach Review
21 thanks
How to avoid wiping out the accounts?
12 thanks
 
(login for full post details)
  #2 (permalink)
Rockyfx
Canada
 
 
Posts: 1 since Mar 2014
Thanks: 0 given, 0 received

Have you considered TD.com for direct investing ?

Reply With Quote
 
(login for full post details)
  #3 (permalink)
 markmenard 
Edmonton Alberta Canada
 
Experience: Advanced
Platform: NinjaTrader
Trading: Futures
 
Posts: 9 since May 2014
Thanks: 3 given, 6 received


GFF with Ironbeam with Ninjatrader. Probably your only option if you want decent margins to trade futures.

Reply With Quote
 
(login for full post details)
  #4 (permalink)
karohm
Toronto, Ontario
 
 
Posts: 10 since Feb 2021
Thanks: 0 given, 1 received


Rockyfx View Post
Have you considered TD.com for direct investing ?


TD doesnt have futures for Canadians

Reply With Quote
 
(login for full post details)
  #5 (permalink)
karohm
Toronto, Ontario
 
 
Posts: 10 since Feb 2021
Thanks: 0 given, 1 received


markmenard View Post
GFF with Ironbeam with Ninjatrader. Probably your only option if you want decent margins to trade futures.

Hey ,

GFF opened my acc with advantage futures with sigma360 platform for mac. Since I was using IB until now and they have all the currency conversions and everything altogether it was easy to interpret the statements for tax purposes I believe,

Do you find complications in taxation due to trading with a cross-border broker ?

Reply With Quote


futures io Trading Community Platforms and Indicators > Broker selection for an Ontario Resident


Last Updated on October 4, 2021


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing
     



Copyright © 2021 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada), info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts