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DeepDiscountTrading Broker

  #21 (permalink)
 Zoethecus 
United States of America
 
Experience: Advanced
Platform: NT
Posts: 1,145 since Aug 2009


Slipknot511 View Post
Be sure to ask about execution fees for platforms also. I pay .10 per side for NT (Not the static DOM either).
Here's the platform fees through my IB... don't know if they are the same with Crossland direct or not. Other than that, I can't think of any other surprises.

Did they happen to quote you margins and minimum deposit?

That's the net price.

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  #22 (permalink)
 cw30000 
new york
 
Experience: Beginner
Platform: SC, NT
Trading: CL, GC
Posts: 206 since Sep 2009
Thanks Given: 99
Thanks Received: 113


Zoethecus View Post
That's the net price.

If Crossland offer 3.28 RT, that I will give them a call tomorrow. I too, a scalper and every penny count. That's one of the reason I am not going to go with Mirus.

I will not going to trade in a crazy fast market anyway. Not because I cannot, it is because it is out of my comfort zone.

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  #23 (permalink)
mikka
uk
 
Posts: 1 since Jul 2010
Thanks Given: 0
Thanks Received: 0



Zoethecus View Post
Crossland quoted $3.28 RT, all-in for ES. That's mighty tempting.

Would you happen to know which Platform that quote includes, and any minimum A/c size, margin information you may have. Thanks, much appreciated.

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  #24 (permalink)
 Zoethecus 
United States of America
 
Experience: Advanced
Platform: NT
Posts: 1,145 since Aug 2009

I'm not sure these rates are cut in stone and are availiable to everyone.

I suggest you contact Ed Segretti and tell him your situation to get a quote.

I am going to open a small account and see how thing go. The commission savings over my other brokers are too compelling.

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  #25 (permalink)
 Zoethecus 
United States of America
 
Experience: Advanced
Platform: NT
Posts: 1,145 since Aug 2009

Forget using Crossland directly. They misquoted fees--apparently not wanting to undercut DeepDiscount--so the charges are the same.

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  #26 (permalink)
 
Slipknot511's Avatar
 Slipknot511 
Springfield,Missouri, USA
 
Experience: Advanced
Platform: NinjaTrader (It's a love/hate relationship)
Trading: CL, TF, 6E
Posts: 169 since May 2010
Thanks Given: 60
Thanks Received: 314


ZminiTrader View Post
I believe the .02 cents difference between the $3.30 RT. and the $3.28 RT. is just an oversight of the nfa fee (according to the fee schedule). The fee schedule also states that all trading platform fees are additional. Also, you are correct, Howard Lender of DeepDiscountTrading.com is Awesome

Howard has been nothing short of exceptional before and after I signed on with him. I can also tell you that he is a trader too, so he knows the business from our side of the screen, not just a broker's.

In the spirit of full disclosure: If you use tick charts on a short time frame, there will be a difference between the TT feed and the ZenFire feed. Ironically, this morning I had more ticks from TT than Zen. My early morning 150 tick chart had more bars on it with the TT data than the ZenFire chart. I would have thought it would be the other way around. As for minute charts, I've never had a difference... even on a 1m chart.

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  #27 (permalink)
 forexboom 
Italy
 
Experience: Advanced
Platform: Ninja
Trading: ES, Currency futures, forex
Posts: 12 since Sep 2010
Thanks Given: 2
Thanks Received: 0


Slipknot511 View Post
Howard has been nothing short of exceptional before and after I signed on with him. I can also tell you that he is a trader too, so he knows the business from our side of the screen, not just a broker's.

In the spirit of full disclosure: If you use tick charts on a short time frame, there will be a difference between the TT feed and the ZenFire feed. Ironically, this morning I had more ticks from TT than Zen. My early morning 150 tick chart had more bars on it with the TT data than the ZenFire chart. I would have thought it would be the other way around. As for minute charts, I've never had a difference... even on a 1m chart.

Hi,

what you mean for difference from TT feed and ZenFire Feed? Is Crossland using Zenfire or Trading technologies feed ? Sorry but I'm novice so maybe my question is not correct. So you have both TT and Zenfire feed?

Maria

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  #28 (permalink)
 
jagui's Avatar
 jagui 
Italy - Roma
 
Experience: Intermediate
Platform: Ninja + proprietary
Broker: IB
Trading: Index futures, Forex, Stocks
Posts: 205 since Jul 2010
Thanks Given: 298
Thanks Received: 313


forexboom View Post
Hi,

what you mean for difference from TT feed and ZenFire Feed? Is Crossland using Zenfire or Trading technologies feed ? Sorry but I'm novice so maybe my question is not correct. So you have both TT and Zenfire feed?

Maria


I believe he choosed Crossland for the smaller commissions, even if Crossland has the TT feed and not the Zenfire feed. Zenfire is generally viewed as a better feed than TT, but the comparison he just made (by comparing tick charts) showed that on that particular day the TT feed was actually better than Zenfire, because it delivered more ticks, which is good.

I also can confirm that Zenfire recently is not that "perfect" as it used to be, and my TT feed (with Velocity futures) is overall more reliable than Zenfire.

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  #29 (permalink)
 forexboom 
Italy
 
Experience: Advanced
Platform: Ninja
Trading: ES, Currency futures, forex
Posts: 12 since Sep 2010
Thanks Given: 2
Thanks Received: 0


jagui View Post
I believe he choosed Crossland for the smaller commissions, even if Crossland has the TT feed and not the Zenfire feed. Zenfire is generally viewed as a better feed than TT, but the comparison he just made (by comparing tick charts) showed that on that particular day the TT feed was actually better than Zenfire, because it delivered more ticks, which is good.

I also can confirm that Zenfire recently is not that "perfect" as it used to be, and my TT feed (with Velocity futures) is overall more reliable than Zenfire.

Thanks for your promt reply. So ZenFire and TT are trading engine that supply feed to Ninja and other platforms. So Velocity and Crossland are clearing houses? I read somewhere in this forum, that some user complain about Dorman, because they tell that to have REALTIME P/L of their position have to wait the following day!. Velocity is the same or your P/L are in REALTIME?

Sorry for my long question, I'm a forex trader using a simple platform as Oanda, and I'm new to futures market, so many details to follow!

Thanks again for your support.

Maria

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  #30 (permalink)
 
jagui's Avatar
 jagui 
Italy - Roma
 
Experience: Intermediate
Platform: Ninja + proprietary
Broker: IB
Trading: Index futures, Forex, Stocks
Posts: 205 since Jul 2010
Thanks Given: 298
Thanks Received: 313



forexboom View Post
Thanks for your promt reply. So ZenFire and TT are trading engine that supply feed to Ninja and other platforms. So Velocity and Crossland are clearing houses? I read somewhere in this forum, that some user complain about Dorman, because they tell that to have REALTIME P/L of their position have to wait the following day, because Dorman is using Rosenthal Collins, so seems that Dorman is not a TRUE clearing firm?!. Velocity is the same or your P/L are in REALTIME?

Sorry for my long question, I'm a forex trader using a simple platform as Oanda, and I'm new to futures market, so many details to follow!

Thanks again for your support.

Maria

Hi Maria,

Velocity and Crossland are Futures Commission Merchants, so they are both brokers and clearing houses.

Dorman is not using RCG, they are competitors, Dorman is a true Clearing House, one of the oldest. Maybe they do not provide realtime P/L because their platform was first built a long time ago specifically for local floor traders, whose trades used to be reconciliated by the Clearing House at the end of the day.

Velocity does provide realtime P/L in the customer portal of their website.

You seem to be following the same path I already did, so maybe I can help you some more. But I think we may get off-topic soon, as this thread pertains to DeepDiscountTrading Broker, so feel free to PM me if you need further informations.

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