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Cannon Trading Company
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Cannon Trading Company

  #11 (permalink)
Elite Member
Austin, TX
 
Futures Experience: Intermediate
Platform: F-16CM-50
Favorite Futures: JDAM
 
tturner86's Avatar
 
Posts: 5,768 since Sep 2013
Thanks: 9,846 given, 11,109 received
Forum Reputation: Legendary

I have been using Cannon for 6 months and I absolutely love the service. Recently received a competitors commissions report and they quickly matched them without question. Also they answer their phones within 3 rings and my broker is quick to return calls or emails.

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  #12 (permalink)
Elite Member
Philadelphia
 
Futures Experience: None
Platform: corded black telephone
Favorite Futures: ticker tape
 
Itchymoku's Avatar
 
Posts: 2,892 since Apr 2012
Thanks: 1,678 given, 3,618 received

I called them with some questions a couple years ago and got a demo. Since then they've called me a bunch of times seeing if I'm still interested in trading with them and to possibly give me a better deal then my current broker. It's reassuring that they have a rep who is responsive here on this forum. That goes a long way imo


Last edited by Itchymoku; January 23rd, 2014 at 09:04 AM.
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  #13 (permalink)
 Vendor: www.cannontrading.com 
Los Angeles, CA /USA
 
Futures Experience: Master
Platform: Sierra, CQG, TransactAT
Favorite Futures: Crude Oil
 
Ilanlm's Avatar
 
Posts: 74 since Mar 2013
Thanks: 17 given, 46 received


Thank you! We always welcome feedback, we love the good comments and will try to improve when we hear we need to. Good trading to all, markets are definitely moving today!











PM with any questions about Cannon Trading (800) 454-9572 (310) 859-9572. THERE IS A SUBSTANTIAL RISK OF LOSS IN FUTURES TRADING.

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  #14 (permalink)
 Vendor: www.cannontrading.com 
Los Angeles, CA /USA
 
Futures Experience: Master
Platform: Sierra, CQG, TransactAT
Favorite Futures: Crude Oil
 
Ilanlm's Avatar
 
Posts: 74 since Mar 2013
Thanks: 17 given, 46 received

Eurex data available with Rithmic

I am glad to share that we can now offer EUREX data using Rithmic and Dorman free of charge, no monthly fee.










PM with any questions about Cannon Trading (800) 454-9572 (310) 859-9572. THERE IS A SUBSTANTIAL RISK OF LOSS IN FUTURES TRADING.

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  #15 (permalink)
Trading Apprentice
Italy
 
Futures Experience: Intermediate
Platform: Ninja Trader
Favorite Futures: CL,GC,TF,6E
 
Silence Exp's Avatar
 
Posts: 22 since Aug 2010
Thanks: 18 given, 11 received


Ilanlm View Post
I am glad to share that we can now offer EUREX data using Rithmic and Dorman free of charge, no monthly fee.

The bad news is that a 0.50$ routing fee is charged for all CME contracts (Dorman+Rithmic over Ninja) ... I discovered this today, but they assured me it is included in the commision plan. One more question: where is the customer portal for checking the open positions and stm downloads ? I didn't consider that when opened the account ... all brokers have one


Last edited by Silence Exp; January 24th, 2014 at 01:03 PM.
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  #16 (permalink)
 Vendor: www.cannontrading.com 
Los Angeles, CA /USA
 
Futures Experience: Master
Platform: Sierra, CQG, TransactAT
Favorite Futures: Crude Oil
 
Ilanlm's Avatar
 
Posts: 74 since Mar 2013
Thanks: 17 given, 46 received


Silence Exp View Post
The bad news is that a 0.50$ routing fee is charged for all CME contracts (Dorman+Rithmic over Ninja) ... I discovered this today, but they assured me it is included in the commision plan. One more question: where is the customer portal for checking the open positions and stm downloads ? I didn't consider that when opened the account ... all brokers have one

The data fees are INCLUDED in the total commission cost quoted but they will be broken down on the statement to reflect exchange fees, transaction fees( data feed) and commissions. The total will add up to what your broker quoted you.

Currently Dorman does not have a portal for clients to log in, since they used to have one built upon Zen Fire back-end.

They should have one shortly BUT as a client you will get a daily statement, detailing account activity for the day nightly ( around 8 pm Central time)
Please feel free to contact me directly as well at ilan@cannontrading.com

PM with any questions about Cannon Trading (800) 454-9572 (310) 859-9572. THERE IS A SUBSTANTIAL RISK OF LOSS IN FUTURES TRADING.

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  #17 (permalink)
Just a boy
Auckland, New Zealand
 
Futures Experience: Beginner
Platform: Sierra Chart
Broker/Data: AMP/CQG
Favorite Futures: Whatever moves in my timezone
 
Posts: 1,803 since Sep 2009
Thanks: 3,165 given, 1,371 received


Ilanlm View Post
The data fees are INCLUDED in the total commission cost quoted but they will be broken down on the statement to reflect exchange fees, transaction fees( data feed) and commissions. The total will add up to what your broker quoted you.

Currently Dorman does not have a portal for clients to log in, since they used to have one built upon Zen Fire back-end.

They should have one shortly BUT as a client you will get a daily statement, detailing account activity for the day nightly ( around 8 pm Central time)
Please feel free to contact me directly as well at ilan@cannontrading.com

PM with any questions about Cannon Trading (800) 454-9572 (310) 859-9572. THERE IS A SUBSTANTIAL RISK OF LOSS IN FUTURES TRADING.

@Ilanlm

But couldn't Dorman provide R-Trader right now for free, at least that way the poster could check and close etc open positions. I appreciate it would not give him statements though.

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The following user says Thank You to steve2222 for this post:
 
  #18 (permalink)
Trading Apprentice
Italy
 
Futures Experience: Intermediate
Platform: Ninja Trader
Favorite Futures: CL,GC,TF,6E
 
Silence Exp's Avatar
 
Posts: 22 since Aug 2010
Thanks: 18 given, 11 received


steve2222 View Post
@Ilanlm

But couldn't Dorman provide R-Trader right now for free, at least that way the poster could check and close etc open positions. I appreciate it would not give him statements though.

Their T4Web as known as Dorman Direct let you to trade, view historical trade activity, and download statements. The real problem is the lack of informations from Dorman. Their support mailbox is a black hole where you send emails without reply. Dorman staff is a mysterious entity.
Cannontrading work with them, and should take care of his clients cleared by Dorman, for example with a limited access to T4Web, T4Mobile or R-Trader for free.

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  #19 (permalink)
 Vendor: www.cannontrading.com 
Los Angeles, CA /USA
 
Futures Experience: Master
Platform: Sierra, CQG, TransactAT
Favorite Futures: Crude Oil
 
Ilanlm's Avatar
 
Posts: 74 since Mar 2013
Thanks: 17 given, 46 received

Thank you for all the questions and great feedback!

I know many of you have a lot of different questions about Ninja Trader and the different feeds we offer. Just for clarification we are an introducing broker and we clear through Dorman, Vision, Ironbeam AND RCG for your Ninja Trader solutions. We do not limit you to one solution for Ninja Trader. We do offer other trading solutions as well that are NOT associated with Ninja Trader.

Also, to answer the question above we do offer T4Web with Dorman as well. If you are a client of ours, you will be able to log into the portal too.

PM with any questions about Cannon Trading (800) 454-9572 (310) 859-9572. THERE IS A SUBSTANTIAL RISK OF LOSS IN FUTURES TRADING.

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  #20 (permalink)
 Vendor: www.cannontrading.com 
Los Angeles, CA /USA
 
Futures Experience: Master
Platform: Sierra, CQG, TransactAT
Favorite Futures: Crude Oil
 
Ilanlm's Avatar
 
Posts: 74 since Mar 2013
Thanks: 17 given, 46 received


May not be related to actual trading but thought you may appreciate the link to a recent a interview:

Entrepreneur Interview: Ilan Levy Mayer, Cannon Trading Company, Inc. : Business Info Guide: Small Business, Internet Marketing, Entrepreneur Interviews & Resources

PM with any questions about Cannon Trading (800) 454-9572 (310) 859-9572. Trading commodity futures, forex and options involves substantial risk of loss. The recommendations contained in this post are of opinion only and do not guarantee any profits. These are risky markets and only risk capital should be used. Past performance is not necessarily indicative of future results.
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