Good Futures Brokerage in Canada? - Reviews of Brokers and Data Feeds | futures io social day trading
futures io futures trading


Good Futures Brokerage in Canada?
Updated: Views / Replies:31,985 / 50
Created: by olobay Attachments:0

Welcome to futures io.

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

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

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

Reply
 
Thread Tools Search this Thread
 

Good Futures Brokerage in Canada?

  #21 (permalink)
Elite Member
Toronto, Canada
 
Futures Experience: Intermediate
Platform: NinjaTrader, IRT, Bookmap
Favorite Futures: ES
 
Posts: 16 since Jan 2013
Thanks: 2 given, 10 received

AMP Futures

Did anybody try AMP Futures? Do they even take Canadian customers?

Reply With Quote
 
  #22 (permalink)
Elite Member
Toronto, Canada
 
Futures Experience: Intermediate
Platform: NinjaTrader, IRT, Bookmap
Favorite Futures: ES
 
Posts: 16 since Jan 2013
Thanks: 2 given, 10 received


frosty View Post
I use IB for futures. Trading through NinjaTrader. Been very pleased with the setup for the past few years.
IB is great for stocks and options. Commissions are good for both.
I have a Mirus account for futures as well. Commissions and margins much better there for futures vs IB.
Only wish IB had RRSP or TFSA

So Mirus take Canadian customers with no problems? Who do you use mainly, IB or Mirus?

Reply With Quote
 
  #23 (permalink)
Elite Member
Toronto, Canada
 
Futures Experience: Advanced
Platform: NinjaTrader, MT4
Broker/Data: Amp/CQG, Citibank
Favorite Futures: CL, GC, 6E, ES, TF, EURUSD, GBPJPY, AUDUSD
 
Beljevina's Avatar
 
Posts: 349 since Sep 2010
Thanks: 379 given, 564 received



PavelFD View Post
Did anybody try AMP Futures? Do they even take Canadian customers?

They accept Ontario customers. Using them is pretty much a borderless issue for me; it's a little tricky wiring your 1st deposit, if it is in CAD and you want to keep your capital in CAD. (there's a intermediary bank involved in the wiring.) On Mirus, I think they accept Ontario customers.

Reply With Quote
 
  #24 (permalink)
Elite Member
Burnaby, Canada
 
Futures Experience: Intermediate
Platform: MetaTrader, NinjaTrader
Broker/Data: IB, Vantage FX
Favorite Futures: Forex, Eminis
 
Posts: 9 since Sep 2012
Thanks: 2 given, 8 received

My understanding is that Mirus only takes clients from Alberta, Ontario, and Nova Scotia through the Rosenthal Collins Group. If anyone knows differently please let me know.

Reply With Quote
The following 2 users say Thank You to Don Double U for this post:
 
  #25 (permalink)
Elite Member
Toronto, Canada
 
Futures Experience: Intermediate
Platform: NinjaTrader, IRT, Bookmap
Favorite Futures: ES
 
Posts: 16 since Jan 2013
Thanks: 2 given, 10 received


Beljevina View Post
They accept Ontario customers. Using them is pretty much a borderless issue for me; it's a little tricky wiring your 1st deposit, if it is in CAD and you want to keep your capital in CAD. (there's a intermediary bank involved in the wiring.) On Mirus, I think they accept Ontario customers.

So out of the three (IB, Mirus and AMP), any major differences?
I am trying to get into futures and looking for a broker. Probably will be using NinjaTrader.

Thanks!

Reply With Quote
 
  #26 (permalink)
Elite Member
Toronto, Canada
 
Futures Experience: Advanced
Platform: NinjaTrader, MT4
Broker/Data: Amp/CQG, Citibank
Favorite Futures: CL, GC, 6E, ES, TF, EURUSD, GBPJPY, AUDUSD
 
Beljevina's Avatar
 
Posts: 349 since Sep 2010
Thanks: 379 given, 564 received


PavelFD View Post
So out of the three (IB, Mirus and AMP), any major differences?
I am trying to get into futures and looking for a broker. Probably will be using NinjaTrader.

Thanks!

IB filters their price feed, so using volume ladders (GOM), wouldn't provide you the full picture. Amp has free CQG, which has it's historical data coming from the NT folks (their servers), hence it is quasi-CQG. They've been hiccupping a little much lately, but they say there's an API fix that should better things; I have seen no downtime that I am aware of, in the last few weeks. I think Zenfire is free via Amp as well; except for a $25/month inactivity fee. I don't know about Mirus datafeed costing or what options they offer, but both Mirus and Amp offer NT as a supported platform. (With IB, there are some further oddities I believe, when it comes to historical data via NT7)

Reply With Quote
 
  #27 (permalink)
Elite Member
Toronto, Canada
 
Futures Experience: Intermediate
Platform: NinjaTrader, IRT, Bookmap
Favorite Futures: ES
 
Posts: 16 since Jan 2013
Thanks: 2 given, 10 received


Beljevina View Post
IB filters their price feed, so using volume ladders (GOM), wouldn't provide you the full picture. Amp has free CQG, which has it's historical data coming from the NT folks (their servers), hence it is quasi-CQG. They've been hiccupping a little much lately, but they say there's an API fix that should better things; I have seen no downtime that I am aware of, in the last few weeks. I think Zenfire is free via Amp as well; except for a $25/month inactivity fee. I don't know about Mirus datafeed costing or what options they offer, but both Mirus and Amp offer NT as a supported platform. (With IB, there are some further oddities I believe, when it comes to historical data via NT7)

Thanks for the info!
Are there any legal issues when you use US broker? I mean will the money be safe with them?
I've used Questrade for some time for stocks and options, never worried much because they are local.

Reply With Quote
 
  #28 (permalink)
Elite Member
Toronto, Canada
 
Futures Experience: Advanced
Platform: NinjaTrader, MT4
Broker/Data: Amp/CQG, Citibank
Favorite Futures: CL, GC, 6E, ES, TF, EURUSD, GBPJPY, AUDUSD
 
Beljevina's Avatar
 
Posts: 349 since Sep 2010
Thanks: 379 given, 564 received


PavelFD View Post
Thanks for the info!
Are there any legal issues when you use US broker? I mean will the money be safe with them?
I've used Questrade for some time for stocks and options, never worried much because they are local.

There's certainly no Canadian based legal issues. In terms of safety ... hmmm ... none of them have any sort of principle protection I believe; Amp has issued a few statements on funds segregation and the fact that no in-house trading of any type occurs. Depending on your perspective, PFG had all sorts of "we are great" marketing too. Separately, there's a thread around here where all futures brokers were ranked by a 3rd party entity on various business aspects, and, Amp did reasonably well; not sure about others, although Mirus has a huge amount of respect too; check their respective threads.

Reply With Quote
 
  #29 (permalink)
Elite Member
Windsor Ontario
 
Futures Experience: Beginner
Platform: Ninja
Favorite Futures: ES
 
AdamGG's Avatar
 
Posts: 14 since Apr 2012
Thanks: 4 given, 8 received

PavelFD:

>I use IB for futures. Trading through NinjaTrader. Been very pleased with the setup for the past few years.
>IB is great for stocks and options. Commissions are good for both.
>I have a Mirus account for futures as well. Commissions and margins much better there for futures vs IB.
>Only wish IB had RRSP or TFSA

I did have an account with AMP but had to transfer funds thru JPM in London (you know, where the laws are loose...), didn't feel too comfortable about that. Got an account for future/stock/option threading with IB and can transfer direct from my Canadian bank account... Commissions aren't too bad and haven't had any problems to date. I use N7 as execution thru IB with a Zenfire feed that I have with another broker. I don't use the IB feed and it works fine.

You could get Kinetic for N7 and trade thru IB.

Reply With Quote
 
  #30 (permalink)
 Vendor: www.mirusfutures.com 
Chicago/USA
 
Futures Experience: Intermediate
Platform: NinjaTrader, MultiCharts, R|Trader Pro, ScalpTool
Broker/Data: Mirus Futures; ZenFire
Favorite Futures: 6E, ES, CL
 
Mirus Bob's Avatar
 
Posts: 6 since Nov 2011
Thanks: 0 given, 1 received



Don Double U View Post
My understanding is that Mirus only takes clients from Alberta, Ontario, and Nova Scotia through the Rosenthal Collins Group. If anyone knows differently please let me know.

Customers of Mirus are currently able to open account through either of our clearing firms - Dorman Trading or Rosenthal Collins Group (RCG). Dorman accepts Canadian residents from Ontario, RCG accepts Canadian residents from Ontario and Alberta. You can find the application form for either firm on our site.

Never hesitate to reach out to one of our New Accounts or Customer Service Reps who can answer additional questions about what Mirus has to offer!info@mirusfutures.com 800-496-1683

If you have any questions about Mirus Futures please send me a Private Message.
Reply With Quote

Reply



futures io > > > > Good Futures Brokerage in Canada?

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Is Thinkorswim a good Platform for Futures Trading? rcs9234 ThinkOrSwim 196 March 23rd, 2017 04:24 PM
Tradestation futures brokerage -- good or bad? tortoise Reviews of Brokers and Data Feeds 14 September 7th, 2014 03:02 PM
Brokerage cash sweeps of futures contracts sales heywally Reviews of Brokers and Data Feeds 8 January 11th, 2012 08:54 AM
Isn't this good enough? (Beginner futures trading) Ravanous Traders Hideout 23 November 7th, 2011 07:35 PM
Recommed NT supported brokerage with good banks. COTtrader Traders Hideout 11 June 17th, 2010 04:43 PM


All times are GMT -4. The time now is 02:32 AM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, 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
Page generated 2017-12-15 in 0.12 seconds with 19 queries on phoenix via your IP 54.226.132.197