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searching a Future's Broker in Quebec, Canada
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searching a Future's Broker in Quebec, Canada

  #1 (permalink)
Elite Member
Quebec, Canada
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: Futures
 
CoinCoin's Avatar
 
Posts: 28 since Nov 2011
Thanks: 30 given, 12 received

searching a Future's Broker in Quebec, Canada

Hi all,
Would anyone know a good future broker that accept Quebec's citizen ?

I know the following brokers already but I would know if there is others available;

- Interactive Broker
- Optimus Futures ( I am with them right now but they asked me to open an account with AMP as they migrate their FCM and... AMP does not have Quebec as a province option )

-RJO Brien (I am not sure of the details with this one. I contacted them by email and I will update the thread with the result)

I don't know what laws we have here about future brokers but they must be bad enough to keep them away !

Thanks for your time and input.

Coin

-Edit; It seems like it would have worked with RJO but their commissions are just way too high.


Last edited by CoinCoin; November 7th, 2014 at 05:19 PM. Reason: change
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  #2 (permalink)
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  #3 (permalink)
Elite Member
Montreal, Quebec
 
Futures Experience: Intermediate
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Broker/Data: Optimus Trading Group/Rithmic
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Amp for Quebecers


I am in the same situation. What are the guys at Optimus say?


P

Edit: I just emaild Jessica at Optimus. Let's see what they say.

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  #4 (permalink)
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Montreal, Quebec
 
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Optimus answer

Ad here is Jessica's answer:


Per the new accounts department with AMP, please select another province (Alberta) and then they will manually change the province in their system. I will notify them that the change should be processed once your application has been submitted.

So all should be well.


Pierre

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  #5 (permalink)
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Follow up

Hi Pierre,
Same thing for me.
The account is opened with AMP now. It has been a quick process.
Nothing is done until the 1st trade is placed but I will try to tell if all worked correctly.

Regards
Coin

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  #6 (permalink)
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Montreal, Quebec Canada
 
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: AMP / CQG
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Same thing for me I have open an account with AMP and they told me to change the province. My account is open but I need to transfering my fund and I will see it after

I don't know but I think they have rythmic for data feed, if it the case it would be great

When you want to succeed as bad as you want to breathe, then you will be successful
-Eric Thomas

Last edited by Dervakon; November 7th, 2014 at 06:04 PM. Reason: Data feed
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  #7 (permalink)
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A work around is register a business in a tax friendly state as a non-resident. Use that as your registered account.

Head up and keep your stick on the ice!
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  #8 (permalink)
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rythmic


Dervakon View Post
I don't know but I think they have rythmic for data feed, if it the case it would be great

Thanks for your input Dervakon.
For curiousity, why having Rythmic over Vision would be greater ?

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  #9 (permalink)
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Quebec, Canada
 
Futures Experience: Intermediate
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Posts: 28 since Nov 2011
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Fritzk


Fritzk View Post
A work around is register a business in a tax friendly state as a non-resident. Use that as your registered account.


Thanks for your suggestion Fritzk.
-1) Is it a strategy that you're using ?
-2) Isnt involving a load of paperwork ?

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  #10 (permalink)
Elite Member
Montreal, Quebec Canada
 
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: AMP / CQG
Favorite Futures: CL
 
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Posts: 148 since Feb 2013
Thanks: 408 given, 403 received



CoinCoin View Post
Thanks for your input Dervakon.
For curiousity, why having Rythmic over Vision would be greater ?

I never got problem with Rythmic and it is a really good data feed. I never got problem with them at Optimus

When you want to succeed as bad as you want to breathe, then you will be successful
-Eric Thomas
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