If you need help to pick an Options Futures platform, please call us at 1 800 771 6748 local 561 367 8686. View option chains and strategies in straightforward formats from our desktop application. How do successful Futures traders choose trading platforms? So, in a single table, you can see all the calls and puts for all months for any contract. TRADING FUTURES AND OPTIONS INVOLVES SUBSTANTIAL RISK OF loss of money AND IS NOT SUITABLE FOR ALL INVESTORS. Greeks while you have the ability to toggle between one click trading or selection mode. Visit our main page www.
The layout is simple and stable. So any deposits and withdrawals would be reflected in the software. QST Displays all the options in all months. When you find the right option, just click on it to open a new order ticket, depth of market, chart, and more. CTS T4 All CTS products allow you to view and execute all exchange supported option outrights and spreads. Pick and choose which Greeks you want to monitor, build and value custom spreads in real time, and execute trades confidently. Is Trading A Small Futures Account Potentially Hurting Your Progress? OAK Software: This is a software that is native to the ADM Investor Services clearing firm.
The interface is intuitive and very not difficult to execute on. We offer stable technology, speedy delivery of orders executed over 30 direct market access platforms. This is one of the more professional tools and is used by large professional traders and FCMs. We have brought here a collection of these platforms. This article explores the different trading platforms for those who wish to sell Options on Futures. As a seller of Futures on Options, you want to have a software that has an accurate SPAN, not difficult to execute and displays the Options chain in an organized manner. One of the main advantages of this software is its simplicity of execution and the fact that back office cash is tied to this. Views include lasts, net changes, bids and asks, highs and lows for a given contract. This is is the most widely used product for executions amongst the CQG platforms. We carry all the software below mentioned.
There is a substantial risk of loss of money in futures and options futures. The selection is comprehensive and allows you to decide what is most appropriate for you. Optimus Futures is a futures trading brokerage dedicated towards independent online traders. He told me that as the only brokerage firm without any kind of brokers or salespeople so they can offer the rates they do, the downside is that when people expect to have detailed discussions about their trading or help learning how to place trades, etc. This is just one of the many incidences over the past 2 week account opening process. The other broker with same platform is much nicer and treats me like family. ES and go from there. He said the worst is that when someone calls to say they did really well on the demo and want to trade for real, but need help getting started.
All of my orders were for 5 contracts so where did this 2 contract order come from? To see the videos, there is a link on their demo page. DO NOT USE GENERIC NO MATTER WHAT THE COST SAVINGS! My only suggestion is to take more suggestions. Also, I was surprised that all of the fees were exactly as advertised. Cons: Trades when you are not. Everything else seems fine as well. This statement is absolutely true.
Generic, both practice and live, which were very comparable. The whole time he started going through one thing after another of what I may have done wrong. The one time I called, they answered on the first ring and gave me the info I needed immediately. Pro platform, an online one and this nifty mobile app too. It was a bit difficult at first since they have different software and no videos, but the software is actually a lot newer and easier. Charting is awful, the data points on the X axis are unintelligible and parameters such as timeframes cannot be varied. After that I was on the lookout for a new brokerage firm and after what I just went though it was quite refreshing to find a place with no brokers, no negotiating and the same rate for everyone. They have been great for that. Throughout my tirade the rep I spoke to did not get ruffled at all and just kept trying to find solutions for me. About 3 weeks and counting and I would definitely recommend if you have been trading for a while.
Anyways, its been nice, but I really wish they offered stock trading so I can move my Etrade account over. Though its generic it is quality it is not a fly by night operation. Been trading again for about 3 months and it has gone really well. Yen pit and been a housewife since the pit closed. Any good college intern can enhance the web site drastically from where it is today in the span of only 30 days, so clearly GenericTrade deliberately have kept it terrible to make you switch to the firetip app. Ninja for years at a few different firms and the latest was the Ninja Trader broker.
Generic Trade and opened my account about a year ago. Took me a while to get used to it, but now for my trading, which is pretty simple bracket trading, I find the experience faster and more intuitive. Work got busy so I let it be until things slowed down. The guy Marc who runs this firm is an absolute idiot. Most of the good reviews start out very similarly, anyways. Been there about a year. Not only that, their commissions are probably unbeatable. Generic about an hour after I applied and Interactive was so hard to communicate with about what I needed, I just gave up. After what I went through with Ameritrade, I decided to apply to two popular discount brokers and whoever opened first I would go with.
If you are another company and are here to make them look bad, might I suggest instead to adopt some of their policies and earn business ethically? Cons: Watch those fees! Immediately closed them out with a loss of money and complained to Generic. OptionsXpress for quite a while and have had few complaints, until I wanted to trade futures. IB, TOS, TS, etc. Does not answer my questions without being rude and arrogant. There are some indicators that I would like to have added, but for the time being will have to live without. Cons: Horrible customer service.
Not to say if you can survive long. So I sent an email through the trading platform and within minutes I received the response. In other words I wanted a place where pros go to trade. Since then I have had a few random questions and all were answered quickly and concisely. Customer service is one of the most important things to look for in an online broker. When I came across this website.
Also, when I applied for an account I even received multiple emails telling me to review the fee page so there was no confusion. Generic Trade knows its audience, and serves them well. Generic Trade, just trying to set the record straight. Later that day I found out my son had been making changes to our router firewall and that is what screwed me up. They just added a bunch of videos on the pro platform, but none on the other two. Generic as to how not difficult an account can be? Not only fishy brokerage with not sincere trading services also terrible customer service desk who name Marc. Well, talk about a hassle! Have been trading for about 5 years and have had accounts at IB, Mirus and MF Global and have used Ninja and TT mostly. When seeking for an online trader looking forward to reduce the commissions I met this company who introduced itself as a global brokerage firm.
Based on my latest experience however, I decided that while Ninja stuffed a lot of features in the the platform, it just seemed kinda old fashioned and sluggish compared with some other platform demos. Opening the account was not difficult and fast. Generic Trade a couple of weeks ago. Using a 3rd party provider of charts is a must therefore. In general, the customer support is quite rude. The only review for this brokerage is stay away from it. Generic Trade and after a bit of research I opened with them. Generic application process most complicated and confusing of all.
Maybe the reviews are competitors or something? Generic account the next day and was trading. The iPhone is a lot different, but intuitive. It is a difficult activity to succeed in. There seemed to be very good reviews about the quality of their trading infrastructure, fees, platforms etc. Have been trading for over 10 years. After I found Generic Trade, I tested them out by asking a number of questions through their website and by email. Put in some money and was waiting for an opportune time to make a trade. Generic Trade for order execution ONLY.
Their data feed is their own and is direct unfiltered, which is what I was used to with Zen Fire so little change there. Interactive Brokers and Generic Trade. Anyways, a friend of mine has been at GT for a few years and has been trying to get me over, so in light of recent events, I finally made the switch. Ninja and in fast markets I did notice a difference in speed when I filled multiple contracts. The execution has been outstanding. Now I was really curious about the conflicting service reports, so I called their main number and spoke to someone there. Looking for a low cost broker and finding Generic interesting. Even though I could do better than 59 cents, I was willing to give them a try because they seemed to have what I wanted.
Advantage and Generic Trade. Most account types may be opened, including individual, joint, partnership, corporate, trust and IRAs. The biggest problem I had was giving up my Ninja, as they do not offer any but their own platforms. Sure enough, today I discover an overnight short I had not made for another loss of money. To my big surprise, a filled position with the biggest profit was missing after a fiw hours. Appreciate all the posts. After talking to a broker and discussing commission an other fees, my actual costs were different. GT asking a few simple questions about the platform and Mark who answered the phone was so rude that I will never open an account with them. VPN to go direct to my own server, this system really flies.
For me the most important thing is an honest relationship and this seems to fit that. Finally, I saw with my own eyes as it filled orders at 1196. DOM that I could place orders with and pay low fees for doing so. He said that he and some other brokers there have accounts at generictrade. Which I also like. It also took a week to process my documents. Anyways, I found Generic Trade online and their site seemed pretty specific about what they offered. Anybody wants to open an account with Generic Trade. Also, one time I called to ask a question about their day trade margin and was told that I needed to send an email so that the client services department could answer properly. Generic Trade is definitely and excellent option.
These guys are real professionals and if you are a serious trader, you should give them a try. It took me a week to get my account opened there and it was like I was buying a house or something. If you have traded and just want the kind of support that will keep you trading without problems, these guys are really great. Just opened a new account and started a few future tradings. So, exactly how low their trading costs are? Totally a RIP OFF! Usually the opposite happens. Marc is the reason I switched brokers, a no frills platform with good execution rates.
That was until I decided to open a live account. After being a client, I have had a few occasions to request assistance. Generic for guidance, they have pointed me in the right direction. At first I thought it was my fault, so I made sure to cancel each trade that I decided not to go through with. BTW, its been over a month now and all is going smoothly. It rejected my account application without given a reason. However, after browsing their website, still unable to tell. For margins I only need about a quarter of what I needed at the other places. Please, be aware and do your research before even considering these guys.
Was told on wrong month. It is also one of the most important things for me, probably because of a pretty bad experience I had. Low rank brokerage yet arrogant. Yes, I too have been trading 20 plus years. Generic Trade for an account I setup less than 2 months ago. After I opened I enjoyed their software and options tools better than at OptionsXpress and the rates for futures were a lot lower, but the margins were terrible. IE trading on sept 2017 contract in July 2017.
As for trading performance, it seems good to me and my mentor is very pleased. Little inconsistencies like this are enough to know a company is shady about its business model. They tell them that they should probably go to the CME website to learn more first and that the demo has nothing to do with real trading. My experience with them has been clean and absolutely transparent. EVER seen that is as crystal clear about fees as Generic Trade. Guess it gonna be stay low rank forever. Generic Trade low cost and I tried the demo account because I wanted to learn the platform before I open a real account with them. The good and the bad about this company is that I always know what to expect.
After opening an account things turned sour. They are pretty generic but they get the job done. The practice account is NOTHING like the live account and one trading day cost me 1100. Opened the account, funded it and started trading the same day. Of the 3, Mirus was the best and I negotiated a good rate, but had some issues when my trading volume dropped one month due to vacation and that led to some unpleasantness. Good luck generic trade.
They did direct me to the exchange website however and told me that hours and other information can change so it would be good for me to bookmark that page. ES and keep this account for stocks. Anyways, they have a decent manual and have been pretty helpful in pointing me in the right direction. Stay away from this firm, I cancelled my account with generic trade after 2 months and switched to another ironbeam broker. Other than cheap nothing much left! The owner of this firm generic was not friendly and tries or makes trading difficult with run around or beating around the bush answers to my questions.
Compared with OX the platform is super not difficult for futures, but the options tools are not the best. MB Trading for quite a while and I was happy, but they have been taken over recently and it is certainly not what it used to be. Rating: Generic Trade customer reviews 2017: complaints, positive feedback from clients, pros and cons, rating and rankings. Trade Station who have been nothing but a delight thus far. They are very inconsistent about their trading policies. So are these real brokers, Or bookies making own rules. Where i am using ameritrade with no issue. MBT Desktop Pro is not built for newer investors, but is aimed rather at active traders.
The flagship platform, MBT Desktop Pro, is fast, bug free and an order entry magician. Email and live chat offered some slightly better experiences, but, generally, they were also poor. Interactive Brokers, Lightspeed, and OptionsHouse. MB Trading is a broker built for active traders and investors who not only are interested in stocks, but also trade options, futures, and forex. Furthermore, the login process for MB Trading Web has a longer load time. MB Trading Web is also pretty smooth, although not as responsive as MBT Desktop Pro. Like all brokers, there is also room for improvement. As far as speed and smoothness go, MBT Desktop Pro, as the flagship platform, is a pleasant experience and bug free. The broker also offers mobile apps for iPhone, Android, and iPad.
Coupled with its competitive commission rates, this makes MB Trading a legitimate competitor. Also, charts support a total of 45 technical indicators. Customer service was disappointing. Please read our TradeKing 2016 Review for a full breakdown of the combined brokerage. MB Trading has been acquired by TradeKing. The content portion of this Review was completed on February 17th, 2015 in conjunction with the 2015 Broker Review.
The mobile apps lack depth, and customer service is extremely weak, with inconsistency and a lack of attention to detail, making for a poor client experience. Fees tab above and scroll down to the notes section. Connection times for phone calls were quick; however, the reps were clearly undertrained, were hard to understand in several cases, and on many occasions simply did not have the answers to our questions. Lastly, mutual funds are supported only via phone orders, and cannot be placed online. Never once did a service rep ask for our name, ask if we had any more questions, or offer further assistance at the end of the call. TradeStation, Lightspeed, Interactive Brokers, etc. UI overall, which requires some time to get used to. MB Trading targets primarily active and seasoned investors, but also caters for intermediate investors. MB Trading does not offer any research, and education is extremely weak. For a broker with such a diverse offering, this is no not difficult task, and while MB Trading has done multiple iterations of its website, we feel this one is the best yet.
This is especially true for trading on margin. On the mobile front, MB Trading has its bright spots and weak points. MB Trading is a very competitive alternative. All of this sound gooood but you did not mension anything about the speed of execution and how this platform is useful for scalping. Futures Online has dedicated their efforts in making sure that their clients have the necessary tools and customer support needed to give them the best chance of success as they navigate the complicated futures market. You can run them through a simulated trading account or, when you are ready, you can activate it to trade in a real account. Having the ability to check out their products without having to risk any capital is a major bonus and should be taken advantage of if you are interested in this broker.
They have a 24 hour, six day a week trade desk rep who can help with any trading issues you have while the market is open. You can also use their powerful technology to create automated trading based off your risk tolerance and setups that fit your style of trading. As always if you have any questions or comments regarding Futures Online, please leave us a message below! Futures Online is an online discount broker that focuses on providing superior technology for the active futures trader. Their website and trading platforms cater to active traders who need direct market access with advanced order entry and charting capabilities. They have reasonable commission rates, excellent customer service and a powerful and sophisticated trading platform. FOREX and futures option contracts.
Futures Online offers a powerful, downloadable trading platform called OEC Trader that is free of charge with a ton of customization features, powerful tools and robust charting capabilities. When looking at a broker I always make sure customer service is one of the first things I check out because when you are doing business with a company that is handling your money, its important to know that you have capable personnel that can help you out when you need it. The account balance minimum is zero, and margin minimums imposed are set to the levels mandated by exchanges. Low Account Minimum: Generic Trade applies no account balance minimums. Generic Trade is a specialty brokerage firm that caters to futures and options on futures traders. Live Chat plus Email support is also provided. Customer Support: Phone access 24 hours per day is available. Like most other brokers, Generic Trade does pass on fees charged by exchanges. Generic Trade leads with. Traders with more complex financial situations will be pleased with the range of account types offered: individual, joint, partnership, corporate and trust.
No account balance minimums are stipulated, no minimum trading activity fees are imposed, and no maintenance charges or quarterly fees are applied. Since 2014, Generic Trade has offered exclusively the Generic Trader Platform suite with the Generic Trader Professional, Generic Trader Online and a dedicated Mobile application. Fast order execution and low costs are what the deep discount futures firm provides to customers. Coming soon, Generic Trader plans to offer a brand new mobile application that will offer all of the robust features of the Generic Trader Professional. Generic Trade extends more broadly to other areas. Generic Trade applies no account balance minimums, provides data free, and charges no inactivity or maintenance fees. TradeKing, eOption or TastyWorks. It is not possible to trade equities or options strategies, such as covered calls, on the Generic Trade platform. Generic Trade gets gold stars for keeping commissions costs highly competitive.
No maintenance, data, or inactivity fees are applied. Generic Trade keeps costs low across the board. Clients should note that the range of asset classes offered by Generic Trade is limited to futures and options on futures. Traders looking beyond futures and options on futures will need to rely on other platforms, such as TastyWorks or OptionsXpress. Low Margin Minimums: Margin minimums imposed by Generic Trade are aligned with the levels mandated by the exchanges. Low Fees: The low cost philosophy applies across the board to virtually all fees. Email and Live Chat help is also accessible to customers.
No data fees are applied and no maintenance or inactivity fees are imposed. Limited Asset Classes: Stock traders, options traders, ETF and mutual fund investors will be disappointed to find Generic Trade caters to futures and options on futures traders. Mobile and online access is available via Generic Trade with Generic Trader Professional soon to be available via its mobile app. First Book on Commodities is guaranteed to shorten the learning curve for beginning traders while offering seasoned traders a new perspective on familiar topics. This platform exudes convenience and simplicity without giving up functionality. Is the trend really your friend?
Higher Probability Commodity Trading! The goal of this book is to enable traders to create a trading environment lacking peripheral distractions or stress which, in turn, mitigates emotions and improves the odds of trading success. See the links below for video and text. Does a Fair Commission Rate Trump Low Commission? The practice of option selling is a controversial method for commodity option traders to partake in. Too many traders flock to the convenience of commodity ETFs such as USO, WEAT, UNG, etc. DeCarley is capable of exceeding your expectations.
Click here to buy this best selling book on commodity trading! Join us to discuss how to get started selling options on futures. Carley Garner, invited to sit on a futures trading panel with some of the best in the business. Here is a sneak peak of what it has to offer. We also made some guesses regarding the fate of the crude oil market. New York hosted by TheStreet. Eastern for a free webinar to discuss option spread trading on the newly available CityTrader futures and options trading platform. Many brokerage firms outright forbid the practice; others allow it, but there are often strings attached.
Trading commodities is a game of mental stability; without the proper understanding of the futures and options markets and the ability to remain calm, it is difficult to make rational trading decisions. We are a part of the minority commodity brokers that believe our clients should be given the opportunity to sell options without hassle. DeCarley Trading strives to offer the highest quality futures and options brokerage services at competitive rates. DeCarley Trading newsletters, you can register here. Yet, almost all of them fail to take the necessary steps to ensure their trading environment is conducive for the profits they seek. Higher Probability Commodity Trading Top Rated Options Trading Book! In this video, experienced futures and options broker, Carley Garner, outlines the advantages and disadvantages of option selling and highlights the various futures options premium collection strategies, setting up a proper brokerage arrangement, and offers tips and tricks to better the odds of a short option method. First Book on Commodities is everything you need to know and do before you ever place a trade. The Goal of Futures Trading should be to MAKE Money, not to SAVE Money!
Accordingly, such brokers give their clients the freedom to implement a short option method. CityTrader from OptionsCity is a newly available trading platform offered to DeCarley Trading brokerage clients. Join experienced futures broker, Carley Garner, to discuss the advantages and features of utilizing CityTrader via DeCarley Trading. In this book on commodity trading, experienced commodity broker Carley sheds light on topics rarely discussed in futures trading books. Commodity futures offer traders a liquid arena for efficient and pure price speculation without administrative costs, rebalancing expenses, and other inefficiencies found in commodity ETFs. Some of the topics discussed were the advantages of trading futures and options on futures vs. The mobile app is available for both iOS and Android but leaves a lot to be desired. EasyLanguage, the implementation and the relationship to the background of the platform felt to be poorly organised, clumsy and cumbersome in overall. What TradeStation does, it does extremely well.
This feature is included in the TradeStation platform, and it enables you to act on unusual activity. TradeStation provides excellent resources to do just that. TradeStation Labs will help you to apply what you learn about investment analysis and investment method. The platform allows you to invest not only in stocks but in bonds, ETFs, funds, foreign securities, options, and other instruments. TradeStation platform but finally gave up and switched to MQL. Beside this I think EasyLanguage is simply chaotic and poorly organised. It allows you to identify new investment opportunities quickly, and you can customize it to follow and chart investments and market trends. TradeStation University and TradeStation Labs.
TradeStation is an online brokerage service, best known for its analysis software and electronic trading platform. This can be especially important if you have never done real time trading before; the simulator will give you a chance to learn how effective real time trading can be. In fact, the platform offers the level of trading technology typically available only to brokers and professional investors. This is a godsend to high volume traders. Actually I gave up when tried to switch backtesting from on bar open only method to every tick method. Well, you can hire EasyLanguage programmers. ETFs, bonds, foreign securities, options, futures and forex trades. So if you can afford and can trust them then TradeStation still can be your choice. It has been owned by Monex Group of Japan since 2011. Whether a novice or a seasoned investment veteran, everyone can stand to learn more about investing.
The app is available for both the iPhone and Android phones, but it has limitations. TradeStation is best known as a professional electronic trading platform for financial market traders, and for its analysis software and electronic trading platform. Brokers What Makes TradeStation Different? This provides you with the ability to take advantage of trading opportunities ahead of the market masses. It can also enable you to investigate new strategies and markets, all without risking your own money. The iPad mobile app is much more intuitive and allows for easier trading capabilities. Just to explain my background: I am not a professional programmer but made many programs in Excel VBA.
It services primarily the institutional trader markets and active traders. One of the best features of TradeStation is that the platform is constantly expanding to offer new apps and to improve on existing ones. With TradeStation, you can get access to an excellent platform for serious and active traders that was previously available only to brokers. You never want to overstate the case on anything, but TradeStation may well be the gold standard in online investment brokerage platforms. The platform offers substantial trader community forums, participating in hundreds of topics on issues ranging from investment strategies to how to make better use of the TradeStation platform. View All Features What Is TradeStation? The app also lacks alert and watch list features. The platform takes features and applications formerly available only to brokers and puts them in the hands of everyday investors, often at ridiculously low cost.
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