Problems finding good futures broker for MT4 | Forex Factory

Options

Permalinks
Print Thread

Similar Threads

finding good trades with Nasdaq, dow, spx, and dax 43 replies

Need help finding a scalping broker 12 replies

Need help finding reliable broker 4 replies

Finding a Broker: Discouraging me from trading 6 replies

Problems finding good futures broker for MT4

  • #1
  • First Post: Jun 22, 2008 3:19pm Jun 22, 2008 3:19pm

I've spent a good deal of time this last week trying to find a broker that I can demo with and use to get a good feel for the futures market. I've since downloaded demos with both North Finance and Orion Brokers. However, after downloading both platforms, all I'm getting is gold and a couple stock indexes. I'm pretty sure they offer more markets than that, so how come I'm not getting anything else? I'm dumbfounded as to why this is happening.

If you know of any decent brokers where I can demo these markets, that'd be awesome (even if they don't run through MT4). As long as I have charts, basic tools, and the ability to demo trade, I'll be content for now.

Thanks in advance!


Kiss'n all the way to the top!
  • #2
  • Jun 22, 2008 4:31pm Jun 22, 2008 4:31pm
Quoting Clauticeo

I've spent a good deal of time this last week trying to find a broker that I can demo with and use to get a good feel for the futures market. I've since downloaded demos with both North Finance and Orion Brokers. However, after downloading both platforms, all I'm getting is gold and a couple stock indexes. I'm pretty sure they offer more markets than that, so how come I'm not getting anything else? I'm dumbfounded as to why this is happening.



If you know of any decent brokers where I can demo these markets, that'd be awesome (even if they don't run through MT4). As long as I have charts, basic tools, and the ability to demo trade, I'll be content for now.


Thanks in advance!


Try this http://www.activtrades.com/
  • #3
  • Jun 22, 2008 4:57pm Jun 22, 2008 4:57pm
There some brokers who offer CFDs through Metatrader (with futures as the underlying instrument) - but not as direct access to futures exchanges. There are some limitations to MT4 that makes it unsuitable for futures trading, for example there is no depth/orderbook functionlity.
  • #4
  • Jun 22, 2008 6:16pm Jun 22, 2008 6:16pm
Thanks for the replies. I downloaded the ActivTrades platform but like Shrike noted, it only offers CFDs, whose charts only date back about a month. This makes it tough to analyze much!

It looks like I will have to go through an online platform, which is fine. Just trying to get it figured out!
Kiss'n all the way to the top!
  • #5
  • Jun 22, 2008 6:29pm Jun 22, 2008 6:29pm
I recommend taking a look at interactive brokers or transact futures -
  • #6
  • Edited 8:02pm Jun 22, 2008 7:59pm | Edited 8:02pm
You can get delayed futures data pretty cheap from eSignal. Probably from other sources too. IBs demo platform is useless, to get good data you must have a funded account, which requires 10K to open.
ps: How about MBTrading?
  • #7
  • Jun 22, 2008 9:02pm Jun 22, 2008 9:02pm
Yeah when I found IB I was looking forward to trying out their demo, until I saw the line about needing a funded account. Sheesh! Thanks for the suggestions everybody- they're all going on a list to be tried out. It didn't take me long to discover that finding a good futures broker is an extensive task...
Kiss'n all the way to the top!
  • #8
  • Jun 23, 2008 2:14am Jun 23, 2008 2:14am
www.ampfutures.com has two platforms to demo.
  • #9
  • Jun 23, 2008 11:03am Jun 23, 2008 11:03am
If you really want to trade futures, the best platform according to many forums I have read and from my own experience is Ninja Trader with a zenfire datafeed. You can demo this for free through either ampfutures as posted above or Mirus Futures. Both are good reputable brokers.

If you want free MT4 charting for futures the only one I know if is Waterhouse Capital.
http://www.whcmarket.com/trade/whctrader/
  • #10
  • Jun 25, 2008 4:53pm Jun 25, 2008 4:53pm
Call Dave Manukian at ATC-Avail in San Francisco.

They've got MT4 up and running for ECN via Hotspot/Currenex right now, and they're in the process of hooking up MT4 for the whole line of CBOT/CME futures. It's "in the works," which means it'll probably take a few months to roll out.
Dave
  • #11
  • Last Post: Jun 26, 2008 6:10am Jun 26, 2008 6:10am
I strongly recommend you to go with Windsorbrokers, they from cyprus but regulated by FSA and CYSEC, already in bussiness for 20 years, they use Mt4 plaform, leverage 100:1 and 200:1, maximum spread is 3 on majors even news. They have ditigent supporters and alway ready to help you even make oversea call. All I can say about them is Excellent.
Rich is just a definition !
0 traders viewing now