Recommeded Futures Broker?

DAX30DayTrader

Well-known member
474 51
Possibly thinking of moving away from financial spread betting and into futures, may even do both.

Anyone recommend a good solid futures broker for trading the DAX?
 

Aston1st

Well-known member
260 30
No, they separated from London Capital Spreads as PS focus is the the semi-professional- or professional trader classification and LCS was mainly retail clients.

Velocity Futures are also very good.
 

Aston1st

Well-known member
260 30
NO they separated from London Capital Group as they were more focused on the Retail traders, and Prospreads typical client base was Professionals or semi professionals. They also offered mini lots to draw in the retail clients.

Velocity are also as good, but the spreads are a bit larger to cover the cost of the trading platform if you want TT.
 

Vasco da Banana

Established member
699 121
AMP, maybe, but dealing with a US broker will always be a hassle compared with UK SB, and things are likely to get worse in that respect. As you don't appear to do anything that could be construed as 'scalping', would there be any advantage in trading futures, even without factoring in paying tax on profits?
 

random12345

Established member
793 280
Possibly thinking of moving away from financial spread betting and into futures, may even do both.

Anyone recommend a good solid futures broker for trading the DAX?

Aren't you chart exclusive?

I think SB suits someone like you pretty well - the FDAX has a tick size of 0.5 so the underlying spread is such and then you put your round turn commission on top and the costs aren't much cheaper than SB, not to mention you need to account for any profits properly.

Certainly using futures would give you volume and a superior feed (though you have UK - US latency to consider with your broker), but I was under the impression you traded twice a day or some such based on your interpretation of S&R... if I had to choose any candidate perfect for SB'ing, it would be you. Learning to trade from volume and L2 takes many hours of experience and goes against what you seem to enjoy.
 
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DAX30DayTrader

Well-known member
474 51
At this moment I'm just putting the benefits v the negatives together. Futures are something that appeals because of the volume, but I'm not going to move over just for that one reason. I'm still accessing this before making a decision.
 
L

Liquid validity

0 0
At this moment I'm just putting the benefits v the negatives together. Futures are something that appeals because of the volume, but I'm not going to move over just for that one reason. I'm still accessing this before making a decision.

If its just volume you want, nothing to stop you using a futures datafeed into
Sierra/Ninja/Multicharts.

Pay for Kinetick Eurex feed to get FDAX, and hook up to ninja (free unless you
want live execution):
http://www.ninjatrader.com/download-free.php
https://www.kinetick.com/purchase (click subscribe to see fees).

$50 basic plus $6.50 for Eurex indices, and extra $23 if you want Eurex L2.
Use that feed with Ninja for volume (and L2 if needed) but still execute via SB.
If you did go that route, may as well do all charting in Ninja/Sierra/MC.
 

DAX30DayTrader

Well-known member
474 51
If its just volume you want, nothing to stop you using a futures datafeed into
Sierra/Ninja/Multicharts.

Pay for Kinetick Eurex feed to get FDAX, and hook up to ninja (free unless you
want live execution):
http://www.ninjatrader.com/download-free.php
https://www.kinetick.com/purchase (click subscribe to see fees).

$50 basic plus $6.50 for Eurex indices, and extra $23 if you want Eurex L2.
Use that feed with Ninja for volume (and L2 if needed) but still execute via SB.
If you did go that route, may as well do all charting in Ninja/Sierra/MC.


Cheers
 

DAX30DayTrader

Well-known member
474 51
If its just volume you want, nothing to stop you using a futures datafeed into
Sierra/Ninja/Multicharts.

Pay for Kinetick Eurex feed to get FDAX, and hook up to ninja (free unless you
want live execution):
http://www.ninjatrader.com/download-free.php
https://www.kinetick.com/purchase (click subscribe to see fees).

$50 basic plus $6.50 for Eurex indices, and extra $23 if you want Eurex L2.
Use that feed with Ninja for volume (and L2 if needed) but still execute via SB.
If you did go that route, may as well do all charting in Ninja/Sierra/MC.

Alrighty LV,

Quick question on ninja and kinetick, do they offer the DAX and STOXX50 cash markets live intraday feed in the basic $50pm subscription?

Am not bothering with futures just now, I just want good charting and data for DAX and STOXX and to continue spread betting. I have checked the site and can't see what markets they offer in the basic version, maybe I have missed it.
 
L

Liquid validity

0 0
Alrighty LV,

Quick question on ninja and kinetick, do they offer the DAX and STOXX50 cash markets live intraday feed in the basic $50pm subscription?

Am not bothering with futures just now, I just want good charting and data for DAX and STOXX and to continue spread betting. I have checked the site and can't see what markets they offer in the basic version, maybe I have missed it.

Yeah its not exactly clear, any ticker in basic, but its delayed unless you pay
for a subscription to the relevant exchange - $6.50 for Eurex.
http://www.ninjatrader.com/support/forum/showthread.php?t=53646

Don't think they do cash markets.
Things like EURUSD and 6E are pretty much identical.
I don't know about DAX and FDAX though, I do know there can be a fair bit
of variance between DOW cash and YM so its worth looking into that variance for sure.

Depends how loosely you are willing to interpret FDAX volume as a proxy for cash.
TBH though, what you are doing looks to be working well, so I'd be wary of
fixing what ain't broke, but thats just me.
 

Yosemite

Newbie
7 0
Yeah its not exactly clear, any ticker in basic, but its delayed unless you pay
for a subscription to the relevant exchange - $6.50 for Eurex.
http://www.ninjatrader.com/support/forum/showthread.php?t=53646

Don't think they do cash markets.
Things like EURUSD and 6E are pretty much identical.
I don't know about DAX and FDAX though, I do know there can be a fair bit
of variance between DOW cash and YM so its worth looking into that variance for sure.

Depends how loosely you are willing to interpret FDAX volume as a proxy for cash.
TBH though, what you are doing looks to be working well, so I'd be wary of
fixing what ain't broke, but thats just me.

I trade the Dax with FastBrokers and use their platform. They have realtime and level 2 as well as charts for Eurex. Platform is free so don't pay a penny for..
 

Giovan

Active member
163 7
just check the brokers list on Ninjatrader's website. Take your pick.......
have worked with AMP and they are cool
 
 
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