Hello everyone,

Currently I am residing in Ontario, Canada and I have been using interactive brokers for the past one year to trade mostly futures.

Originally, I am from India where brokers are pretty trustworthy and mostly you can blindly trust them.

A little by little I picked up how the market works in America and only came across to know IBf in Canada ( their platform is complete garbage for mac).

Recently I got to know about two brokers which are GFF Brokers and AMP Futures, they have pretty good margin rates for day trades and also a few options for the platforms I believe. But I wanted to ask if these brokers are trustworthy since currently I am trading with account size of 100k ( which is a big amount for me ), their websites also look kind of very old which I find it sketchy. I also see a lot of relevant posts about these brokers in this forum. Are these brokers as trusted as lets say Wealthsimple for Canada or Robinhood from the States ?

I also don't understand what they mean by my trades will be cleared through "IRONBEAM"?

All the help is much appreciated

Thank you,

Have you considered TD.com for direct investing ?

GFF with Ironbeam with Ninjatrader. Probably your only option if you want decent margins to trade futures.

Rockyfx 

Have you considered TD.com for direct investing ?

TD doesnt have futures for Canadians

markmenard 

GFF with Ironbeam with Ninjatrader. Probably your only option if you want decent margins to trade futures.

Hey ,

GFF opened my acc with advantage futures with sigma360 platform for mac. Since I was using IB until now and they have all the currency conversions and everything altogether it was easy to interpret the statements for tax purposes I believe,

Do you find complications in taxation due to trading with a cross-border broker ?