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Zenfire no more?
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Created: by MeanBean Attachments:13

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Zenfire no more?

  #1181 (permalink)
Elite Member
Montreal, Quebec
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Optimus Trading Group/Rithmic
Favorite Futures: CL
 
Posts: 69 since Oct 2009
Thanks: 252 given, 34 received

I got my funds back from RCG. So it's officially over with them and Mirus. Good. Now of to better things!

Sent from my Nexus 5 using Tapatalk

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  #1182 (permalink)
Elite Member
Belgium
 
Futures Experience: Intermediate
Platform: ninja
 
Posts: 142 since Jun 2009
Thanks: 297 given, 277 received


cunparis View Post
I got a statement from Dorman so it seems the transfer just went through.

Can someone resume the fees with trading with Dorman? I think I saw there was a $10 monthly fee.

I still plan to open a 2nd account just because I don't trust Mirus any more.

I think you have to ask your broker for the fees. It the broker who can give you exactly the round term fees for the
futures you want to trade. Some are calculating the fees on the number of trades you make

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  #1183 (permalink)
Pivotas
Corpus Christi, Tx
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: DDT / Rithmic / Kinetick
Favorite Futures: 6E, ES
 
Posts: 31 since Oct 2010
Thanks: 1 given, 55 received


Dated 1/10/14
to: support @ Mirus Futures
I do not consent to having my account transferred from RCG to Dorman.
I have filled out the on-line withdrawal form to have the balance in the account wired to my personal bank.

Dated 1/13/14
from: Treasury @ Mirus Futures
Hello,
We have received your withdrawal request and it has been processed.

Dated 1/18/14
to: Customer Service @ RCG Direct
This is to inform you that I do not intend to continue using MIrus as an IB.
I have withdrawn all funds and request that you close out that account.

Dated 1/28/28
from: Support@DormanTrading

INTRODUCED BY MIRUS FUTURES
THE FOLLOWING JOURNAL ENTRIES HAVE BEEN POSTED TO YOUR ACCOUNT.

1/28/4 F1 CASH FROM RCG
BEGINNING BALANCE .00
ENDING BALANCE .00

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  #1184 (permalink)
Elite Member
Russia, St.Petersburg
 
Futures Experience: Advanced
Platform: Sierra Chart
Broker/Data: AMP/Rithmic
Favorite Futures: Futures
 
Jonson's Avatar
 
Posts: 242 since Jan 2011
Thanks: 210 given, 108 received


cunparis View Post
Calls to Mirus go unanswered after a 5 minute wait. So I sent my account rep an email and will keep trying them via phone. But I think I need to open an account elsewhere.

I've gone from a Mirus, no regrets

* If investing gets too difficult for a seventh grader to understand, the system is needlessly complex
* Markets produce an enormous volume of information, much of which is redundant
* In every game and con there's always an opponent, and there's always a victim. The trick is to know when you're the latter, so you can become the former
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  #1185 (permalink)
Elite Member
Naperville IL
 
Futures Experience: Intermediate
Platform: ninjatrader
Broker/Data: NT broker
Favorite Futures: NQ ES 6E GC CL
 
Posts: 954 since Feb 2010
Thanks: 1,184 given, 649 received

I am still with Mirus/Dorman, pretty good

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  #1186 (permalink)
Elite Member
Montreal
 
Futures Experience: Intermediate
Platform: NINJA TRADER
Favorite Futures: ES ,TF ,NQ
 
Posts: 29 since Aug 2011
Thanks: 146 given, 42 received

RCG must close your account and return your funds to you.


superpete View Post
I got my funds back from RCG. So it's officially over with them and Mirus. Good. Now of to better things!

Sent from my Nexus 5 using Tapatalk

Received today from mirus.



January 29, 2014
Dear Mirus Futures Customer:
As you are aware, your account was introduced to Rosenthal Collins Group ("RCG"), by Mirus Futures LLC ("Mirus"), a registered independent introducing broker located in Chicago. As an independent introducing broker Mirus cleared its accounts through several registered futures commission merchants ("FCMs"), including RCG and Dorman Trading LLC ("Dorman"). However, Mirus is now a guaranteed introducing broker of Dorman, and so must clear all of its accounts through Dorman.
Mirus moved its accounts to Dorman on or around close of business January 24th, 2014. However, neither Dorman nor RCG is able to service your Canadian account going forward, and so RCG must close your account and return your funds to you.
Please complete the attached International Funds Transfer Authorization form and return it to RCG at complianceofficers@rcgdirect.com or fax it to (312) 795-7948 prior to the close of business on Friday February 14, 2014 so that we may return your funds to you.
Sincerely,
RCG Compliance

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  #1187 (permalink)
Elite Member
Germany
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: NTB / Continuum
Favorite Futures: FDAX and CL
 
Balanar's Avatar
 
Posts: 396 since Jan 2013
Thanks: 507 given, 1,625 received

Why do so many US brokers do not accept Canadian customers?

Is there a law or anything else?

I am just curios because I read it a couple of times now.

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  #1188 (permalink)
Elite Member
California
 
Futures Experience: Intermediate
Platform: NT
Favorite Futures: Index Futures
 
Haverchuck's Avatar
 
Posts: 105 since Jul 2009
Thanks: 76 given, 78 received


glennts View Post
Dated 1/10/14
to: support @ Mirus Futures
I do not consent to having my account transferred from RCG to Dorman.
I have filled out the on-line withdrawal form to have the balance in the account wired to my personal bank.

Dated 1/13/14
from: Treasury @ Mirus Futures
Hello,
We have received your withdrawal request and it has been processed.

Dated 1/18/14
to: Customer Service @ RCG Direct
This is to inform you that I do not intend to continue using MIrus as an IB.
I have withdrawn all funds and request that you close out that account.

Dated 1/28/28
from: Support@DormanTrading

INTRODUCED BY MIRUS FUTURES
THE FOLLOWING JOURNAL ENTRIES HAVE BEEN POSTED TO YOUR ACCOUNT.

1/28/4 F1 CASH FROM RCG
BEGINNING BALANCE .00
ENDING BALANCE .00

I had the same experience as you. Closed my account with RCG, received my funds, and then got an account statement from Dorman a couple days later showing zero balance. Ridiculous since I never agreed to an account with Dorman!


Last edited by Haverchuck; January 31st, 2014 at 10:24 PM. Reason: clarity
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  #1189 (permalink)
Market Wizard
Boca Raton
 
Futures Experience: Advanced
Platform: Variety
Broker/Data: Optimus Futures, LLC
Favorite Futures: Futures
 
mattz's Avatar
 
Posts: 2,042 since Sep 2010
Thanks: 1,912 given, 2,750 received
Forum Reputation: Legendary


Haverchuck View Post
I had the same experience as you. Closed my account with RCG, received my funds, and then got an account statement from Dorman a couple days later showing zero balance. Ridiculous since I never agreed to an account with Dorman!

This must have been a bulk transfer and an administrative entry.
If I am not mistaken, there is a grace period as far as you providing information and filling out the form.
After that, it is auto closed. Again, check with clearing as I go off memory.

Matt

PM with any questions about optimusfutures (800) 771-6748 (561) 367 8686. THERE IS A SUBSTANTIAL RISK OF LOSS IN FUTURES TRADING.
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  #1190 (permalink)
Elite Member
Singapore
 
Futures Experience: Beginner
Platform: SC, TOS
Broker/Data: Inifinity Futures, TOS
Favorite Futures: NQ
 
Posts: 206 since Jun 2011
Thanks: 1,048 given, 198 received



Balanar View Post
Why do so many US brokers do not accept Canadian customers?

Is there a law or anything else?

I am just curios because I read it a couple of times now.

Good question, I'm curious too. My guess is that if Canadians were allowed to open accounts with US brokers, then Canadian brokers would probably lose all their local customers..

Hi Matt, thanks for your post #1191. I was sure that the FCMs would not want to close their Canadians' accounts, if they could do so. Was just curious about what are the laws/regulations that prevents that..so your reply kinda sums it up..


Last edited by fourtiwinks; February 1st, 2014 at 04:11 AM. Reason: Just to reply to mattz
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