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Date/Time: Thu, 28 Nov 2024 05:49:55 +0000



Post From: Broker/Clearing Firm Choice

[2023-05-26 17:17:26]
Tony - Posts: 521
The account I mentioned in post#2 is a live account, just live trading is blocked by Edge Clear until I have enough fund in my account. The only clearing firm I have dealt with is IronBeam, the 2 IBs I had contacted are Edge Clear and Discount Trading (both with multiple FCMs including IronBeam), I am happy with both of them, easy communication, competitive commissions.

I am Not able to answer your questions, since it is not feasible for me to compare a lot of brokers and clearing firms. Maybe Sierra and other folks will have more inputs.

I am pretty sure there are great FCMs/IBs and there are not so great, just like any business or industry. One of the FCM called Phillip Capital I have dealt with is extremely difficult, terrible communication. Also, not all FCMs/IBs are able to open accounts for non-US residents.
Date Time Of Last Edit: 2023-05-26 17:24:48