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Hi EdgeClear!
I'm a member of Convergent so know a fair bit about you.
Am looking for a new broker and would like to understand how a UK trader can fund an account with yourselves-do you have a UK set up or do I have to transfer money into the $US and wait three days, get charged and have a crap fx fee from the bank? Not your fault I know
That is great! We look forward to helping you open a new brokerage account. You do not need to transfer funds into a USD bank account. Most FCM's we work with offer GBP or EUR funding instructions.
Accounts through Edge Clear can be funded in multiple currencies. Different currency accounts will be held separate from one another. A total theoretical account balance will be shown in USD on the daily statements. This theoretical total balance is generated using the current day’s spot FX conversation rate for any non-USD currencies.
For example, an account funded in EURO, but trading USD products, will create a separate USD account and will have two currency accounts, one USD account and one EURO account. The theoretical USD balance will fluctuate based on the exchange rate every day.
Edge Clear's brokers are trained to work with you on your specific setup and put you in the right place. Please reach out to one of our expert brokers today to learn more: https://edgeclear.com/contact-us/
Happy trading!
Please call us with any questions 773.832.8320 or 844.TRADE20. Trading Futures is not suitable for all investors. Past Performance is not indicative of future results.
It looks like EdgeProx is based on Motivewave? I just started using Motivewave with Tradestation.
Might be switching to you guys if you are offering good prices and margins for Micros. Can you talk about Micros commissions and all other fees(CME, etc.) - total all inclusive roundtrip.
EdgeProx 35$ to trade CME futures and be able to use order flow tools on EdgeProx? No data fees for CME MBO data?
Thank you for the post. That is correct. Instead of going out and reinventing the wheel, we have chosen to build EPX on a solid engine and are more focused on building and customizing it to accommodate the serious active trader and professional. This allows us to bring key features to you as a user much more quickly and let others maintain the engine for us.
We have a very competitive commission and margin structure. Our suggestion is to fill out the commission table here to generate the all in cost for your account and a broker will reach out to verify the commissions and margins: https://edgeclear.com/commissions
Hope this helps! We look forward to hearing from you.
Best,
Please call us with any questions 773.832.8320 or 844.TRADE20. Trading Futures is not suitable for all investors. Past Performance is not indicative of future results.
We are pleased to let members know that Edge Clear is one of the first brokers to support the new Sierra Charts Teton Order Routing service. Please feel free to learn more here: https://edgeclear.com/sierrachart/
Have a great weekend!
Please call us with any questions 773.832.8320 or 844.TRADE20. Trading Futures is not suitable for all investors. Past Performance is not indicative of future results.