Thursday, July 22, 2010

What is the names of a few reliable future trading brokerage company?

1. That kind of company that give you honorable, reasonable slippage on bid and ask price.


2. Give you interest on your balances in your account while waiting to buy future commodities.


3. Have a good reputation for customer services for their clients.


4. Charge you discount or average or reasonable commision


5. Give you honorable advises on how to trade future commodities profitably

What is the names of a few reliable future trading brokerage company?
I worked in the futures industry for 10 years.





Please don't try buying and selling derivatives unless you understand them very well and have the time to keep an eye on your positions and make changes instantly if the market goes against you. Please be very very careful about accepting advice from people calling themselves experts. I have seen too many innocent people loose too much money over the years. Unless you're a professional with the sort of backup a big merchant bank has it is easy to loose everything in the futures market.
Reply:I have traded with United Futures Trading for 6 years. The rates are low and the brokers always take care of me. I have had my ups and downs in the market, but they always seem to care and take the time to help me out. Report Abuse

Reply:Future trading is risky. But if you want, Etrade does offer future trading. It is pretty good.
Reply:www.tdwaterhouse.com
Reply:Anyone that would suggest/enable you to trade futures on your own would instantly identify themselves as unreputable.





First, buying Futures contracts are the highest risk investment you can make...greater than gambling...because you can lose significantly more than you invested (invest $10,000 and you could lose $100,000).





Second, commissions on Futures are typically high because of the legal liable held by the company/broker enabling you to "play that game".





Third, the #5 question is an impossible question to answer as an "licensed" professional in the futures/securities industry cannot "guarantee" any returns (i.e. "how to trade futures/commodities%26lt;contracts%26gt; profitably" implies a net positive return would be realized)





Futures trading is a win/lose game. With REAL consequences. What you are doing by being lured into such "trading" is playing with your money against a market full of "teams of professional traders" who are much more knowledgeable, have faster access to information, and are typically able to watch the issues that influence these markets around the clock.





Depite what anyone may have told you...there are better ways to make money in the markets. (solid basics will always win out in the long term)


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