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Canadian Futures Traders and TT's X Trader
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Canadian Futures Traders and TT's X Trader

  #11 (permalink)
Membership Revoked
British Columbia
 
Futures Experience: Advanced
Platform: NINJA
Broker/Data: ZEN
Favorite Futures: Crude
 
Posts: 1,091 since May 2010
Thanks: 192 given, 484 received

The issue for many US brokers is the Canadian regulatory framework. The US is regulated by federal agencies whereas in Canada every province has its own securities regulator and regulations, making it very complicated for US brokers to make sure their legal letters are in order. Some have been sued for operating in provinces such as BC where margin requirements are quite stringent. It's not usually an issue at the bigger operations. Advantage probably didn't get back to you because they prefer to deal with experienced traders who aren't about to blow up their accounts, no offence, you sound quite green and probably shouldn't be opening a live account to trade with real money. Been there done that. I currently have an account with Dorman Direct, though am planning to move back to Advantage. I would highly recommend topsteptrader and learning how to pass their live trader test before opening your account. Best of luck.

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  #12 (permalink)
Trading Apprentice
Calgary, Alberta
 
Futures Experience: Advanced
Platform: SR, TWS
Favorite Futures: CL, GC
 
Posts: 29 since Jan 2012
Thanks: 7 given, 14 received

SYNFOREX... why would you make a comment like, " Advantage probably didn't get back to you because they prefer to deal with experienced traders who aren't about to blow up their accounts, no offence, you sound quite green and probably shouldn't be opening a live account to trade with real money. Been there done that. I currently have an account with Dorman Direct, though am planning to move back to Advantage."

Keep personal comments for people that you know personally. I do not remember anyone in the forum asking for trading advice. Feel free to apologize...

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  #13 (permalink)
Membership Revoked
British Columbia
 
Futures Experience: Advanced
Platform: NINJA
Broker/Data: ZEN
Favorite Futures: Crude
 
Posts: 1,091 since May 2010
Thanks: 192 given, 484 received


It's friendly advice, and the best advice an apprentice trader can get. I was just stating the obvious and trying to help you from doing something that could potentially cause you a lot of pain and regret, it's not personal.

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