DeepDiscountTrading Broker - Reviews of Brokers and Data Feeds | futures io social day trading
futures io futures trading


DeepDiscountTrading Broker
Updated: Views / Replies:66,090 / 270
Created: by sam028 Attachments:4

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
 4  
 
Thread Tools Search this Thread
 

DeepDiscountTrading Broker

  #151 (permalink)
Membership Revoked
 
Futures Experience: Beginner
 
Posts: 1,081 since May 2010
Thanks: 2,092 given, 595 received


mattz View Post
I only offer Rithmic with Sierra as discussed in this thread. I quote commissions that are all in, not commissions ONLY as some put on their site. If customers need the breakdown, I am always more than happy to report it.
In my eyes its not fair to quote commissions only and then to discover there are also platform fees associated.
If you prefer to know commissions only, its your prerogative. I can tell you that after nearly 15 years in this business most customer want to know the prices all in.

That is not correct. DDT has broke down EVERY cost separately on his site. Since you can choose what platform to use he puts the platform fees separately. Are you saying that your quotes from optimus are Ninjatrader license included for live trading ? I didn't think so, so your quotes are not the price all in. Correct me if I'm wrong.

DDT offers the cheapest and most transparent honest price quotes out there. In our business, it's unacceptable to pay more if you can get the same or better quality and service at another. Every trader should make his own math, but it's very obvious that you have a financial edge by selecting the cheapest commissions with the best infrastructure.

I predict that more expensive brokers will go out of business soon. They will lose many customers and won't be able to compete with people like DDT.

Reply With Quote
The following user says Thank You to MetalTrade for this post:
 
  #152 (permalink)
Membership Permanently Revoked
 
Futures Experience: Intermediate
 
Posts: 1,176 since Nov 2009
Thanks: 221 given, 844 received


mattz View Post
I only offer Rithmic with Sierra as discussed in this thread. I quote commissions that are all in, not commissions ONLY as some put on their site. If customers need the breakdown, I am always more than happy to report it.
In my eyes its not fair to quote commissions only and then to discover there are also platform fees associated.
If you prefer to know commissions only, its your prerogative. I can tell you that after nearly 15 years in this business most customer want to know the prices all in.

DDT is transparent already, without having to ask, so not sure why we are debating comms all over again ... the comms are what they are regardless of the platform, it clearly tells you on the site that you get to pick a platform.. which can range in price from a transaction fee of $0.05 per side for FIX Adapter, all the way to $2K per month for CQG/XTrader.

IMO, if I have to ask for a breakdown, I am wasting time.. specially since exchange fees are the same across the board and it is not all that hard to figure out what an introducing broker comms are...

Reply With Quote
The following 2 users say Thank You to sysot1t for this post:
 
  #153 (permalink)
Go Bears!
Bay Area, CA - US
 
Futures Experience: Beginner
Platform: TOS, TS & MC
Broker/Data: TDA & TS
Favorite Futures: Stock, Options and now Futures (ES)
 
TonyB's Avatar
 
Posts: 514 since Dec 2010
Thanks: 227 given, 134 received



sam028 View Post
It's not @TonyB's fault, I have to move some thread for the SC thread to this one.

Thanks. I had not realized there was a DDT thread until moments ago...

Reply With Quote
 
  #154 (permalink)
Go Bears!
Bay Area, CA - US
 
Futures Experience: Beginner
Platform: TOS, TS & MC
Broker/Data: TDA & TS
Favorite Futures: Stock, Options and now Futures (ES)
 
TonyB's Avatar
 
Posts: 514 since Dec 2010
Thanks: 227 given, 134 received


sam028 View Post
It's not @TonyB's fault, I have to move some thread for the SC thread to this one.






If MC means MultiCharts, you're wrong, you can trade options with MC.

Please, stay on topic! Is this not about DDT?

Sorry, had to do it... FWIW, I too was under the impression that MC (MultiCharts) does options. Thanks for confirming.

Back to DDT...

Reply With Quote
 
  #155 (permalink)
Membership Permanently Revoked
 
Futures Experience: Intermediate
 
Posts: 1,176 since Nov 2009
Thanks: 221 given, 844 received


TonyB View Post
Please, stay on topic! Is this not about DDT?

Sorry, had to do it... FWIW, I too was under the impression that MC (MultiCharts) does options. Thanks for confirming.

Back to DDT...

@sam028 as a mod can clean up the thread as part of his house keeping mod duties, so not terribly concerned about going off topic for a few if that means I learn something new.

Reply With Quote
 
  #156 (permalink)
Trading for Fun
new york,ny
 
Futures Experience: Intermediate
Platform: sc
Favorite Futures: er2
 
Posts: 50 since May 2010
Thanks: 12 given, 38 received


sysot1t View Post
IMO, if I have to ask for a breakdown, I am wasting time.. specially since exchange fees are the same across the board and it is not all that hard to figure out what an introducing broker comms are...

To my knowledge exchange fees aren't the same across the board. It depends on the type of seat your clearing firm has on a specific exchange. I've seen situations where one broker charges less in commission but has a higher clearing cost, thus making their overall "all in" greater then a broker w/ higher individual commission. I'm all for transparency.

You can definitely chart individual options contracts in Sierra Chart. I would assume they could be traded as well, but check w/ sc support to be sure.

Reply With Quote
The following user says Thank You to SgtJ for this post:
 
  #157 (permalink)
Membership Revoked
 
Futures Experience: Beginner
 
Posts: 1,081 since May 2010
Thanks: 2,092 given, 595 received

Even traders who lease a seat can get different deals from the CME.

Reply With Quote
The following user says Thank You to MetalTrade for this post:
 
  #158 (permalink)
Membership Permanently Revoked
 
Futures Experience: Intermediate
 
Posts: 1,176 since Nov 2009
Thanks: 221 given, 844 received


SgtJ View Post
To my knowledge exchange fees aren't the same across the board. It depends on the type of seat your clearing firm has on a specific exchange. I've seen situations where one broker charges less in commission but has a higher clearing cost, thus making their overall "all in" greater then a broker w/ higher individual commission. I'm all for transparency.

You can definitely chart individual options contracts in Sierra Chart. I would assume they could be traded as well, but check w/ sc support to be sure.

FCM's dont pay what is published that reflects that retail and other traders/members pay... they have a completely different price structure... I recall seen a PDF from the CME/ICE about it, I would have to look it up and post it if I find it.

as to charting options, I am not arguing that... anything can chart a price stream... and as long as the broker trades options and the chart has a dom to trade a symbol, the new symbols are tradeable...

that does not mean that SC/MC/NT7 do options... which to me involves proper analysis and being able to see all strikes and related greeks, etc... (so that we are all on the same page)..

Reply With Quote
 
  #159 (permalink)
Elite Member
Switzerland
 
Futures Experience: Advanced
Platform: ninja trader CQG Trader
Broker/Data: Kinetick, IB
Favorite Futures: DAX NQ CL
 
Posts: 151 since Nov 2010
Thanks: 957 given, 120 received

Hi
I will open an account with Howard myself, I have Ninja with Kinetick and I will choose CQG Trader why I like to use the keyboard to pass my order ( and with cqg trader is possible I am testing now and I find fine) what you think to give CQG 25cts per side and $25 month somebody can give me an advise.
Thanks very much Roberto

Reply With Quote
 
  #160 (permalink)
Membership Permanently Revoked
 
Futures Experience: Intermediate
 
Posts: 1,176 since Nov 2009
Thanks: 221 given, 844 received



rcabri View Post
Hi
I will open an account with Howard myself, I have Ninja with Kinetick and I will choose CQG Trader why I like to use the keyboard to pass my order ( and with cqg trader is possible I am testing now and I find fine) what you think to give CQG 25cts per side and $25 month somebody can give me an advise.
Thanks very much Roberto

it is capped once you hit $395... but keep in mind that is only with Crossland, which is what Howard introduces. Some FCMs, like Velocity for example, do not cap your comms at the $395.. so keep that in mind if you ever "move" FCMs.

Reply With Quote
The following user says Thank You to sysot1t for this post:

Reply



futures io > > > > DeepDiscountTrading Broker

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
Broker PGFBEST bomberone1 Reviews of Brokers and Data Feeds 8 July 11th, 2012 08:23 PM
Broker betting against you? ctmvas Reviews of Brokers and Data Feeds 4 June 10th, 2011 06:08 AM
looking for a broker drolles Reviews of Brokers and Data Feeds 8 December 18th, 2010 09:41 AM
broker dynamics Stem1 Reviews of Brokers and Data Feeds 6 October 16th, 2010 10:41 AM
What would you do if a broker did this to you? Michael.H The Elite Circle 17 June 5th, 2010 05:52 AM


All times are GMT -4. The time now is 01:28 PM.

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 2017-11-20 in 0.13 seconds with 20 queries on phoenix via your IP 54.224.18.114