Infinity Futures vs Velocity Futures

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Nolly

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For those of you who have used either of these 2 brokers can you please give me your thoughts on what you thought of them and which one is better? I've been looking around for reviews on both but most of the detailed ones seem to be from a while ago. Would be interested in hearing more recent reviews of these 2.

I'm mainly interested in day trading the e-mini S&P 500 and FDAX if that helps.

Thanks in advance!
 
Nolly said:
For those of you who have used either of these 2 brokers can you please give me your thoughts on what you thought of them and which one is better? I've been looking around for reviews on both but most of the detailed ones seem to be from a while ago. Would be interested in hearing more recent reviews of these 2.

I'm mainly interested in day trading the e-mini S&P 500 and FDAX if that helps.

Thanks in advance!
Click to expand...

Similar interest here, have had a look at Infinity futures - Any feedback or links to relevant threads would be of helpful

Thanks
 
I'd like to know this as well. This thread was made in 2009 and no one has an answer yet?

P.s. Grave digging is Google's fault :p
 
INTERACTIVE BROKERS LLC Excess Net Capital - 1,150,266,163
VELOCITY FUTURES LLC Excess Net Capital - 793,441

It wouldn't take much to blow Velocity up.

Infinity is owned by Transact, I'm not sure why neither are there. Perhaps under a different name?
 
DionysusToast said:
INTERACTIVE BROKERS LLC Excess Net Capital - 1,150,266,163
VELOCITY FUTURES LLC Excess Net Capital - 793,441

It wouldn't take much to blow Velocity up.

Infinity is owned by Transact, I'm not sure why neither are there. Perhaps under a different name?
Click to expand...

What would it take to blow up Velocity? And what would be the consequences?

From everything I've been reading from this forum, amongst others, is that (although IB may have a lot more excessive net capital) IB has a lot more unsatisfied customers...

What constitutes the trade off? Where is the line crossed?
 
I think IB simply have a lot of customers.

So, you are bound to find more people complaining as there are more of them.

The main complaint seems to be that IB staff treat the customers like idiots. I've had a fair amount of contact with them and always found them fine.

It is quite possible that the people that got treated like idiots WERE idiots...
 
DionysusToast said:
I think IB simply have a lot of customers.

So, you are bound to find more people complaining as there are more of them.

The main complaint seems to be that IB staff treat the customers like idiots. I've had a fair amount of contact with them and always found them fine.

It is quite possible that the people that got treated like idiots WERE idiots...
Click to expand...

Touche,

Should we be looking at who has the highest capital then?

For instance, BARCLAYS CAPITAL INC shows $5.1B in excess net capital. Citigroup shows $6.8B (though, I think Citi was implemented in some sheisty type of money laundering/fraud in the recent years).

Edit:

Also, since IB has more customers - wouldn't it then make sense that they have more excess capital? I just thought of this, but if Velocity only has 1000 customers with $793k, and IB has 1,450,000 customers with $1.5B, then wouldn't they both have an equal chance of blowing up? (math is probably wrong, but point is the same).

For instance, MF Global (who doesn't appear to be on the list) is a HUGE firm. But yet, Gerald Celente (among others, I'm sure) allegedly lost 6 digits from his account because they "blew up." Link
 
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