Reliable broker for a rookie - Traders Hideout | futures io social day trading
futures io futures trading


Reliable broker for a rookie
Updated: Views / Replies:1,767 / 55
Created: by Calming Attachments:0

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

Reply
 
Thread Tools Search this Thread
 

Reliable broker for a rookie

  #1 (permalink)
Trading for Fun
Houston, TX
 
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: NinjaTrader Brokerage (Dorman)
Favorite Futures: Emini ES
 
Posts: 130 since Jun 2018
Thanks: 111 given, 66 received

Reliable broker for a rookie

Hi,

Looking for a reliable broker with affordable pricing. Currently paper-trade with NT8, but 1K price to get their cheapest prices is burdensome. Looking to trade 4-8 contracts on /ES minis with hopes to raise to 100. No withdrawals fees or problems is a must (checks deposits and withdrawals are preferred). Either convince me to stay with NT8 or recommend something better. Thank you much and successful trades to everyone!

EDITs:
- Of course, I will start with 1 contract.
- Also considering: TastyWroks, Tradovate, and Zumo. Open to other suggestions.
- As I read more about Tradovate, their maximum deposit amount by ACH is $5,000.00.


Last edited by Calming; June 12th, 2018 at 04:58 AM.
Reply With Quote
 
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

 
  #3 (permalink)
Trading for Fun
Austria
 
Futures Experience: Advanced
Platform: TradeNavigator, BookMap
Favorite Futures: ES, CL, GC, 6E
 
Posts: 127 since Jan 2017
Thanks: 0 given, 74 received


You say you are a beginner and you want to start trading 4-8 contracts. Do you really think this is a good idea? I guess your account-size will be small, so I would say start trading 1 contract and use the lease version of NT.
If you want to trade 100 contracts, your account-size should be 500k or larger.

Reply With Quote
The following user says Thank You to tr8er for this post:
 
  #4 (permalink)
Trading for Fun
Houston, TX
 
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: NinjaTrader Brokerage (Dorman)
Favorite Futures: Emini ES
 
Posts: 130 since Jun 2018
Thanks: 111 given, 66 received


tr8er View Post
You say you are a beginner and you want to start trading 4-8 contracts. Do you really think this is a good idea? I guess your account-size will be small, so I would say start trading 1 contract and use the lease version of NT.
If you want to trade 100 contracts, your account-size should be 500k or larger.

Friend, of course, I will start with 1 contract. Even when I grow to trade 4-8 and more contracts, I am planning to have the first trade of every day with 1 contract only. I brought up these numbers so that people have an idea what kind of broker I would like to have so that I do not have to change horses in the middle of the race.

I hear your suggestion to stay with NT. I am also considering TastyWroks, tradovate, and Zumo. Have you had any experience with any of them? What is your preferred broker?

Reply With Quote
 
  #5 (permalink)
Trading for Fun
Austria
 
Futures Experience: Advanced
Platform: TradeNavigator, BookMap
Favorite Futures: ES, CL, GC, 6E
 
Posts: 127 since Jan 2017
Thanks: 0 given, 74 received

IMHO it is a good idea to start trading with 1 contract

I don't use NT and I've no experience with these brokers, I use Infinity.

Reply With Quote
The following user says Thank You to tr8er for this post:
 
  #6 (permalink)
Trading for Fun
Houston, TX
 
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: NinjaTrader Brokerage (Dorman)
Favorite Futures: Emini ES
 
Posts: 130 since Jun 2018
Thanks: 111 given, 66 received


tr8er View Post
I use Infinity.

What do you like and dislike about them? Is it for EU and China only?

Reply With Quote
 
  #7 (permalink)
Trading for Fun
Austria
 
Futures Experience: Advanced
Platform: TradeNavigator, BookMap
Favorite Futures: ES, CL, GC, 6E
 
Posts: 127 since Jan 2017
Thanks: 0 given, 74 received

They are Chicago based, why do you think for EU and 'China only?
I work with them 10+ years and never had a problem and you have your personal broker (who responds within minutes if you email him or you can call him).

Reply With Quote
 
  #8 (permalink)
Trading for Fun
Houston, TX
 
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: NinjaTrader Brokerage (Dorman)
Favorite Futures: Emini ES
 
Posts: 130 since Jun 2018
Thanks: 111 given, 66 received


tr8er View Post
They are Chicago based, why do you think for EU and 'China only?
I work with them 10+ years and never had a problem and you have your personal broker (who responds within minutes if you email him or you can call him).

Saw an Italian and Chines Desks options. Can't find their commissions and fees schedule.

Reply With Quote
 
  #9 (permalink)
Trading for Fun
Austria
 
Futures Experience: Advanced
Platform: TradeNavigator, BookMap
Favorite Futures: ES, CL, GC, 6E
 
Posts: 127 since Jan 2017
Thanks: 0 given, 74 received

This depends on your account-size and your trading-volume

Reply With Quote
 
  #10 (permalink)
Trading for Fun
Houston, TX
 
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: NinjaTrader Brokerage (Dorman)
Favorite Futures: Emini ES
 
Posts: 130 since Jun 2018
Thanks: 111 given, 66 received



tr8er View Post
This depends on your account-size and your trading-volume

What do they have for $10K and 4-8 contracts /ES trading?

Reply With Quote

Reply



futures io > > > Reliable broker for a rookie




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

September Journal Challenge (sponsored by TopstepTrader)

September

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

October
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Searching reliable broker with low commisions Mlok Reviews of Brokers and Data Feeds 39 April 19th, 2017 05:30 AM
Is FXCM still a reliable FX broker? SuperSaan Reviews of Brokers and Data Feeds 3 June 23rd, 2015 11:46 AM
Most Reliable Multicharts Broker (Specific Criteria) HectorPriamedes Reviews of Brokers and Data Feeds 5 March 3rd, 2015 01:22 PM
broker with fast reliable data for ES tdeu Reviews of Brokers and Data Feeds 6 January 3rd, 2012 03:51 PM
reliable broker for long term investment bgeorge Reviews of Brokers and Data Feeds 10 August 15th, 2011 11:23 AM


All times are GMT -4. The time now is 02:42 AM. (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, 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 2018-10-18 in 0.14 seconds with 32 queries on phoenix