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"Successful trading is one long journey, not a destination" Peter Borish Former Head of Research for Paul Tudor Jones speaking on conversations with John F. Carter
Are you an FCM?
No, we operate in partnership with Clear Chicago Group, the dba for a registered futures commission merchant.
Who do you clear through?
Clear Chicago Group, the dba for a registered futures commission merchant that holds customer's funds.
How long have you been in business?
FuturesBroker.com was founded in 2007 and launched retail trading in May of 2009.
Is my money insured?
No. There isn't any insurance in the futures industry as there is in the banking and securities industries.
Due to the strict daily financial reporting requirements, substantial net capital requirements to hold customer funds on deposit, and the vigorous audits performed by the National Futures Association (NFA), your funds on deposit with a United States FCM are well protected.
Do you have a refund or protection policy?
No. Please read the risk statement from the CFTC contained on the website.
How many retail customers do you have?
We do not release that information to the public.
How many prop traders do you have?
We do not release that information to the public.
"Successful trading is one long journey, not a destination" Peter Borish Former Head of Research for Paul Tudor Jones speaking on conversations with John F. Carter
"Successful trading is one long journey, not a destination" Peter Borish Former Head of Research for Paul Tudor Jones speaking on conversations with John F. Carter
They are the 'white label' firm connected with a Clear Chicago which is the dba of the actual FCM you clear using.
Futuresbroker.com advertised rate ( ~0.30 R/T ) is lower than the FCM so I do not think they want traders to know the FCM. The FCM is about the same size as AMP.
Seems like more than one FCM is setting up 'discount' arm to compete.
