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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: Robert Graham who wrote (40029)12/3/1999 6:44:00 PM
From: sandiegobear  Respond to of 44573
 
Sounds like you've been following the IB situation over at intelligentspeculator. I think the scenario you describe is terrible - I wouldn't put up with it. I have accounts at Lind-Waldock and PFG-Best; a few problems at both but nothing serious so far and they both have responsive trading desks.



To: Robert Graham who wrote (40029)12/3/1999 6:45:00 PM
From: Magnatizer  Read Replies (1) | Respond to of 44573
 
Bob

First thought is that particular brokerage does not want to work with small investors.

I do not use an online broker for my futures trading for a few reasons.

1. I wanted a brokerage with a strong background and solid reputation.

2. I wanted someone to talk to me when I had questions regarding procedure as I am new to futures trading.

3. Reliability of phone over net.

4. When I want to get out of office I have someone to call who I can trust to tell me like it is.

5. If I want to know why something suddenly surged I can get the word on the floor.

What I miss out by using phone broker:

1. Speed of execution

ht
david

edit: I also like the fact that my brokers know me by name. I dont even need to tell them who I am when I call in anymore... they know my voice. Something real cool about that.



To: Robert Graham who wrote (40029)12/3/1999 7:23:00 PM
From: GROUND ZERO™  Read Replies (2) | Respond to of 44573
 
So, what's the name of that company?

Thanks in advance...

GZ



To: Robert Graham who wrote (40029)12/3/1999 7:25:00 PM
From: Matthew L. Jones  Respond to of 44573
 
Bob,

Unbelievable! Futures brokers are a dime a dozen. Competition is huge-- it's definitely a "buyers market" in that regard. I would recommend you find another. I find PFG Best to be very good. Also have an account with ZAP Futures. Both trade the large as well as the e-mini which I do. Both are very good in terms of customer service, IMO. Best is $15.04 RT (all in) and ZAP is $22.43 RT (all in) and is supposed to be the same for the large or small. Neither charges for call in orders (unless possibly on an overnight order?) and NOBODY charges for broker assisted when their electronic system is down! I'd go shopping if I were you. PM me and I'll give you some contacts so you can get those rates (they are not the quoted commissions). Matt