FuturePath Trading Brokerage (www.futurepathtrading.com) - Reviews of Brokers and Data Feeds | futures io social day trading
futures io futures trading


FuturePath Trading Brokerage (www.futurepathtrading.com)
Updated: Views / Replies:8,228 / 40
Created: by Big Mike 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
 

FuturePath Trading Brokerage (www.futurepathtrading.com)

  #11 (permalink)
Elite Member
Montreal, Canada
 
Futures Experience: Beginner
Platform: NinjaTrader, Multicharts
Favorite Futures: ES
 
Posts: 96 since Dec 2011
Thanks: 46 given, 84 received

I can see why it makes sense to contact you to request commissions rates for high volume/special needs.

I still don't see why there aren't any fees listed at all. I really don't like the lack of transparency. Some firms even have calculators so you can do it yourself and see if it's viable as an option.

How hard can it be for your firm to give out run-off-the-mill numbers? Say for 0-200 contracts per month. And make that number publicly available on your website.

Reply With Quote
 
  #12 (permalink)
 Vendor: futurepathtrading.com 
Chicago Illinois
 
Futures Experience: Master
Platform: Photon, CQG, TradeStation
Favorite Futures: ES
 
Posts: 5 since Jan 2014
Thanks: 0 given, 14 received

Posted Rate Schedules

Regarding Posted Rate Schedules:

FuturePath offers 7 different FCMs, 5 different back end data feeds, and 15 different platforms - some with pass through fees and some not. What traders do not realize is that different FCMs charge different rates and back end data feeds can be priced differently - so it is not just a matter of pure volume. It is easy to see how this could be construed as a lack of transparency.

As a departure point, FuturePath will always be lower than TradeStation! To give a further example - for a client using Ninja or Photon, trading 200 round turns per month, the average commissions would be .75 per side.

Reply With Quote
The following user says Thank You to LindaR for this post:
 
  #13 (permalink)
Elite Member
New York, New Jersey/USA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: Futures
 
Seahn's Avatar
 
Posts: 157 since Jan 2013
Thanks: 60 given, 250 received

Transfer from Mirus/Zenfire


Since I am looking to transfer from Mirus where I used NT/Zenfire, my question is, can FuturePath match the Mirus standard rates as listed on their website (I can post a link if the moderator allows it)?

Thanks,

Reply With Quote
 
  #14 (permalink)
Elite Member
Australia
 
Futures Experience: Beginner
Platform: NinjaTrader
Favorite Futures: Oil
 
Posts: 16 since Jun 2012
Thanks: 16 given, 2 received

Mirus/Zenfire/Dorman - Eurex support

Hi Linda,
Interested to understand the process of moving from Mirus/Zenfire/Dorman to Futurepath/Rithmic/Dorman. Would this allow me to keep the current Dorman account in place or do we need to start from scratch. Keeping the Dorman account and funds in place would simplify the transition. Essentially the only change is replacing Mirus with Futurepath and Zenfire with Rithmic direct.

Also assuming that I can continue to trade Eurex exchange (FDAX,FGBL) with Futurepath/Rithmic/Dorman.

Regards
Kmac

Reply With Quote
 
  #15 (permalink)
 Vendor: futurepathtrading.com 
Chicago Illinois USA
 
Futures Experience: Master
Platform: Photon,Ninja,Trade Navigator, TT
Favorite Futures: all futures
 
Posts: 10 since Jan 2014
Thanks: 0 given, 10 received

Hi Seahn,
To answer your question, we can do better than Mirus's posted rates.

Hi Kmac: In all fairness to Mirus, it would be polite to express your wishes to Mirus first. If you wish to go through FuturePath to clear Dorman using Ninja and Rithmic combination, the easiest solution is to simply repaper through us. You are welcome to call me at 312-987-2060. - Damon

Reply With Quote
The following user says Thank You to Damon Pavlatos for this post:
 
  #16 (permalink)
Elite Member
Montreal, Canada
 
Futures Experience: Beginner
Platform: NinjaTrader, Multicharts
Favorite Futures: ES
 
Posts: 96 since Dec 2011
Thanks: 46 given, 84 received


LindaR View Post
Regarding Posted Rate Schedules:

FuturePath offers 7 different FCMs, 5 different back end data feeds, and 15 different platforms - some with pass through fees and some not. What traders do not realize is that different FCMs charge different rates and back end data feeds can be priced differently - so it is not just a matter of pure volume. It is easy to see how this could be construed as a lack of transparency.

As a departure point, FuturePath will always be lower than TradeStation! To give a further example - for a client using Ninja or Photon, trading 200 round turns per month, the average commissions would be .75 per side.

What are the 7 FCMs? I only see 5 here FuturePath Trading | Online Futures Trading

Reply With Quote
 
  #17 (permalink)
Banned: Duplicate users/proxy servers
Australia
 
Futures Experience: None
Platform: Paper
Broker/Data: Mirus/Zen
Favorite Futures: TF
 
Posts: 48 since Feb 2011
Thanks: 34 given, 32 received


Damon Pavlatos View Post
Hi Kmac: In all fairness to Mirus, it would be polite to express your wishes to Mirus first. If you wish to go through FuturePath to clear Dorman using Ninja and Rithmic combination, the easiest solution is to simply repaper through us. You are welcome to call me at 312-987-2060. - Damon

Damon, it would be good if you confirmed here that Eurex is available on Rithmic. Is Dorman the only FCM in your lineup who offers Rithmic with Eurex?
For this FCM/feed combination what are:
- reasons for giving you a preference over going with Dorman directly
- minimum account balance
- minimum volume requirement or inactivity fee, if any
- ES intraday margin and all in commission for a low volume trader

Reply With Quote
The following 2 users say Thank You to Bogan for this post:
 
  #18 (permalink)
 Vendor: futurepathtrading.com 
Chicago Illinois USA
 
Futures Experience: Master
Platform: Photon,Ninja,Trade Navigator, TT
Favorite Futures: all futures
 
Posts: 10 since Jan 2014
Thanks: 0 given, 10 received

Answers about FuturePath


Bogan View Post
Damon, it would be good if you confirmed here that Eurex is available on Rithmic. Is Dorman the only FCM in your lineup who offers Rithmic with Eurex?
For this FCM/feed combination what are:

- reasons for giving you a preference over going with Dorman directly
- minimum account balance
- minimum volume requirement or inactivity fee, if any
- ES intraday margin and all in commission for a low volume trader

The answers to your question about FuturePath:

FuturePath offers Rithimic, Knight and CQG for Ninja at Knight as well. We like
Rithmic the best for Ninja. If you liked the old Zen Fire that was the original
software.

Minimum account balance is 4,000.00. We will go below that if warranted.

No minimum volume or activity fee.

Margins are basically 25% of the overnight. We can go lower but it's only in special cases.
Low margins are usually provided by small firms who take on to much risk in doing so. It's dangerous
for the clients and the firms who have too low margins. When you have huge unexpected swings in
the market. Question to ask yourself. Do want to be at a firm that offers 2,000.00 accounts to trade
4-5 emini's. I won't name firms but this is how firms go down. Meanwhile I have watched over and
over in my 34 years in the futures industry traders going debt because of low margins.
25% will get you around 800.00 to 1100.00 per contract to trade. The flash crash went down over
2,500 per emini in 3 minutes. An account with 2,000 who had 500.00 margins would be debit in 6,000
in minutes. Just something to think about....

If you want a commission quote for low volume for Mirus traders I would safely be able to say we will at least
match your rate and probably would come in lower.

I have to say Big Mike has a great site for traders. I will try to answer any other questions that might
come up. Thanks so much for the interest in our firm. We have had a great response from traders
and many of you have joined our firm. I wish you luck trading this week. The training wheels came of
the market yesterday...

Sincerely, Damon Pavlatos

Reply With Quote
The following 4 users say Thank You to Damon Pavlatos for this post:
 
  #19 (permalink)
 Vendor: futurepathtrading.com 
Chicago Illinois USA
 
Futures Experience: Master
Platform: Photon,Ninja,Trade Navigator, TT
Favorite Futures: all futures
 
Posts: 10 since Jan 2014
Thanks: 0 given, 10 received

Continuum


Damon Pavlatos View Post
The answers to your question about FuturePath:

FuturePath offers Rithimic, and continuum for Ninja at Knight as well. We like
Rithmic the best for Ninja. If you liked the old Zen Fire that was the original
software.

Minimum account balance is 4,000.00. We will go below that if warranted.

No minimum volume or activity fee.

Margins are basically 25% of the overnight. We can go lower but it's only in special cases.
Low margins are usually provided by small firms who take on to much risk in doing so. It's dangerous
for the clients and the firms who have too low margins. When you have huge unexpected swings in
the market. Question to ask yourself. Do want to be at a firm that offers 2,000.00 accounts to trade
4-5 emini's. I won't name firms but this is how firms go down. Meanwhile I have watched over and
over in my 34 years in the futures industry traders going debt because of low margins.
25% will get you around 800.00 to 1100.00 per contract to trade. The flash crash went down over
2,500 per emini in 3 minutes. An account with 2,000 who had 500.00 margins would be debit in 6,000
in minutes. Just something to think about....

If you want a commission quote for low volume for Mirus traders I would safely be able to say we will at least
match your rate and probably would come in lower.

I have to say Big Mike has a great site for traders. I will try to answer any other questions that might
come up. Thanks so much for the interest in our firm. We have had a great response from traders
and many of you have joined our firm. I wish you luck trading this week. The training wheels came of
the market yesterday...

Sincerely, Damon Pavlatos

I meant Continuum or Rithmic for Ninja...

Reply With Quote
 
  #20 (permalink)
Banned: Duplicate users/proxy servers
Australia
 
Futures Experience: None
Platform: Paper
Broker/Data: Mirus/Zen
Favorite Futures: TF
 
Posts: 48 since Feb 2011
Thanks: 34 given, 32 received


Thanks, Damon. But once again you didn't confirm if Eurex is available on Rithmic.

Reply With Quote

Reply



futures io > > > > FuturePath Trading Brokerage (www.futurepathtrading.com)

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

Dec 7

Linda Bradford Raschke: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Anyone knows about Iron Beam brokerage ??? tradercube Reviews of Brokers and Data Feeds 5 October 27th, 2016 03:55 PM
Vision Financial Markets brokerage (www.visionfinancialmarkets.com) Michael.H Reviews of Brokers and Data Feeds 72 November 11th, 2014 09:50 PM
Zenfire Brokerage record100 Reviews of Brokers and Data Feeds 8 January 7th, 2014 10:57 AM
Looking for an Options brokerage GapUp764 Reviews of Brokers and Data Feeds 6 August 14th, 2012 11:18 AM
Brokerage Checklist TideRip Reviews of Brokers and Data Feeds 12 September 22nd, 2010 03:05 AM


All times are GMT -4. The time now is 02:59 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 2017-11-19 in 0.13 seconds with 19 queries on phoenix via your IP 54.80.33.183