Rosenthal Collins (RCG) vs Dorman Trading - Reviews of Brokers and Data Feeds | futures io social day trading
futures io futures trading

Rosenthal Collins (RCG) vs Dorman Trading
Updated: Views / Replies:16,401 / 25
Created: by alexman Attachments:1

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 100,000 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

Thread Tools Search this Thread

Rosenthal Collins (RCG) vs Dorman Trading

  #11 (permalink)
Elite Member
Concord, NH USA
Futures Experience: Intermediate
Platform: Ninja trader
Broker/Data: AMP/CQG
Favorite Futures: ES
jdella's Avatar
Posts: 182 since Jun 2009
Thanks: 134 given, 111 received

LukeGeniol View Post
Don't know why your IB made this choise, maybe for it's convenience, cos with Mirus Futures u can use ZenFire clearing thru RCG.

Hmmm, I never knew that, but in any event i'm just as happy with Dorman as I was with RCG.

Reply With Quote
  #12 (permalink)
Volcano, HI
Futures Experience: None
Platform: Ninja
Broker/Data: AMP/CQG
Favorite Futures: Futura2000
dakine's Avatar
Posts: 191 since Dec 2009
Thanks: 388 given, 133 received

How do you check this with RCG? What broker are you using with rcg? I like this option...


Haverchuck View Post
I you're the type of person that likes to confirm in real-time that your trades cleared properly or that your account balance is what you expect it to be, then go with RCG. With Dorman, you need to wait until around midnite eastern time for this info to update.

Reply With Quote
  #13 (permalink)
Elite Member
Futures Experience: Intermediate
Platform: NT
Favorite Futures: Index Futures
Haverchuck's Avatar
Posts: 105 since Jul 2009
Thanks: 76 given, 78 received

dakine View Post
How do you check this with RCG? What broker are you using with rcg? I like this option...


I use Mirus with RCG, but even if you trade directly with RCG, it's the same web interface and real-time account info updating (they call it "RCG Passport"). I don't want to talk up it up too much, because it's very basic and could use some new features to make it more user friendly, but the real-time aspect is nice if you like to confirm your trades at the end of the trading day rather than late at night or the next day.

If by "check" you mean confirm this with them, you can just email or call them.

Reply With Quote
  #14 (permalink)
Just starting out...
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: oil.,gold
Posts: 17 since Jul 2010
Thanks: 14 given, 6 received

i saw webinar with futures..and found that RCG or Dorman(can`t remember yet) doesn`t have ftse100 (z) futures to trade in option....
Does anyone know the same???????
Is RCG or dorman can be choosen according to your location ??
Thanks in advance........

Reply With Quote
  #15 (permalink)
The Netherlands
Futures Experience: None
Platform: MultiCharts, TradingView
Favorite Futures: ...
Jura's Avatar
Posts: 774 since Apr 2010
Thanks: 2,347 given, 665 received

The last reply in this thread was almost a year ago - what are the experiences now with these clearing firms?

I was looking at the financial data (found here) and saw that Dorman Trading has an excess net capital of 9 million, while Rosenthal Collins has 22 million excess net capital, so perhaps Rosenthal Collins has an edge there.

Looking at the NFA data (found here) I saw that against Dorman Trading (source), there were 12 regulatory actions by exchanges, 0 arbitrations, and 3 CFTC reparations cases.

Looking at these same data for Rosenthal Collins (source) there were 45 regulatory actions by the exchanges, 5 regulatory actions by the CFTC, 20 arbitrations and a whopping 196 CFTC reparations cases.

But looking at the 'adjusted net capital' (first source) for these firms, Rosenthal Collins is almost 7 times bigger, so one probably would expect more regulatory and NFA 'problems' (Right?).
So I'm wondering: which one of these clearing firms is "better"? Since that is a subjective question, a better one might be: on which metrics/data should these firms be judged (in other words, what are important considerations?).
Thanks in advance for any info,


Reply With Quote
The following user says Thank You to Jura for this post:
  #16 (permalink)
Elite Member
Sydney, Australia
Futures Experience: Intermediate
Platform: NinjaTrader, Sierra Chart
Broker/Data: Zen-Fire
Favorite Futures: DAX, ES, 6E
GotItForCheap's Avatar
Posts: 9 since Feb 2010
Thanks: 33 given, 1 received

Been with RCG via Mirus using ZenFire for more than a year now, no issues at all.

Though I can confirm that their RCG Passport (account login page) is about 10yrs behind the rest of the internet and has very limited functionality in regards to reporting on your account/positions/trade history, can't export into csv etc if thats a factor to you - its really just the bare bones.

Anyone know if Dorman have anything better on that side of things?

Reply With Quote
  #17 (permalink)
Elite Member
Linz / Austria
Futures Experience: Intermediate
Platform: Ninja Trader
Favorite Futures: TF, ES, Currency Futures
Posts: 106 since Oct 2011
Thanks: 131 given, 76 received

is it true that most of dormans accounts are at bank of america?
i am using dorman aswell and as far as i know bank of america isnt that healthy...
any thoughts?

Reply With Quote
  #18 (permalink)
Elite Member
desert CA
Futures Experience: Intermediate
Platform: NT7, TOS
Broker/Data: AMP/wCQG, TDA
Favorite Futures: CL,YM
Posts: 2,034 since Jul 2011
Thanks: 2,223 given, 1,562 received

I don't know anything about Dorman. When I signed up with Mirus, Zenfire, I went with RCG. Back in November when the MFGlobal news started worrying people with accounts. RCG sent a letter out reassuring their customers that they were in good hands.

Here's the letter I got.

Attached Thumbnails
Rosenthal Collins (RCG) vs Dorman Trading-letterfromrcg.pdf  
Reply With Quote
The following 3 users say Thank You to Cloudy for this post:
  #19 (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: 1,810 since Sep 2009
Thanks: 3,175 given, 1,396 received

ollivermilton View Post
is it true that most of dormans accounts are at bank of america?
i am using dorman aswell and as far as i know bank of america isnt that healthy...
any thoughts?

I am with Dorman via Mirus and I thought when I checked a couple of months ago their bank accounts (holding our funds) are with Harris Bank which I think is owned by a Canadian bank.

Safety of Funds | Dorman Trading

Reply With Quote
The following 2 users say Thank You to steve2222 for this post:
  #20 (permalink)
Market Wizard
Las Vegas, NV
Futures Experience: Advanced
Platform: Abacus, Slide Rule, HP-65, Metastock, TOS, NT
Favorite Futures: Futures
aligator's Avatar
Posts: 3,427 since Aug 2010
Thanks: 1,055 given, 5,830 received
Forum Reputation: Legendary

nillz123 View Post
I am with Mirus and have RCG and I get free zenfire.


Most likely Zenfire is already included in their standard commission and fees (if you are paying about ~4.24 for CME e-mini). What is your all-in for RT?

Reply With Quote


futures io > > > > Rosenthal Collins (RCG) vs Dorman Trading

Thread Tools Search this Thread
Search this Thread:

Advanced Search

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

September Journal Challenge (sponsored by TopstepTrader)


Battlestations! Win $947 in prizes for showing us your trading desk!


Finding Your Edge & Maximizing Returns w/Richard L Weissman

Oct 16

Similar Threads
Thread Thread Starter Forum Replies Last Post
R Trader / Mirus / RCG rassi Reviews of Brokers and Data Feeds 29 July 6th, 2012 05:49 AM
Dorman with qst forexboom Reviews of Brokers and Data Feeds 10 May 12th, 2012 05:00 AM
Exchanging currency at Mirus RCG boxi Reviews of Brokers and Data Feeds 1 September 13th, 2010 11:29 AM
PATS Data Feed & Rosenthal Collins Group Questions trumpy Reviews of Brokers and Data Feeds 13 July 5th, 2010 09:03 PM

All times are GMT -4. The time now is 03:26 PM. (this page content is cached, log in for real-time version)

Copyright © 2018 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432,
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 2018-10-13 in 0.17 seconds with 15 queries on phoenix