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Help with selecting brokers and tools required for futures trading (I'm Canadian)
Thank you for the kind words. I really appreciate it that you are mentioning Jake. He took it on himself to learn the platforms we widely use, write the study guide for them and record videos if new features were added. He would be glad to see these things are appreciated by our customers. Thank you again! You did make the right choice.
Matt Z
Optimus Futures
There is a substantial risk of loss in futures trading. Past performance is not indicative of future results.
Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
1 800 771 6748 local 561 367 8686 email [email protected]
Can you help answer these questions from other members on NexusFi?
If your account is in Canada with IB, where I believe they are licensed, then CIPF is applicable because your funds are in Canada. Also, as far as I know, if an FCM has a branch in Canada and in the USA, you can only open in Canada as a Canadian. I suggest calling IB to get a good idea of how CIPF is applied.
good luck.
Matt Z
Optimus Futures
There is a substantial risk of loss in futures trading. Past performance is not indicative of future results.
Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
1 800 771 6748 local 561 367 8686 email [email protected]
If I thought I was confused before, now I am super confused. I thought all I need is a broker and a platform.
I read on invetopedia what is clearing broker and I cannot see the difference between that and just a broker.
Could you please help me with that? Are IB also clearing brokers and this is why I'm confused?
That's true, but I received the email notification about it only after I replied here unlike now.
If you check the timeline, you will see I replied Bob after replying here