General Information |
Brokerage name: The Price Futures Group
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Minimum account size: $3000-$5000
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Base commission rates: $40-$50
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Brief explanation of margin rates, if applicable:
Exchange Minimums
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This brokerage has been in business for: 10-15 years
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Primary type of broker: Futures
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Brief description of services offered:
The Price Group offers managed trading, system trading, online trading as well as foreign exchange. We also provide daily commentaries in various markets.
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Account Information
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Types of trading accounts offered:
Full Service
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On-Line Full Service
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Premium Service
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Phone (touch tone) Discount Broker
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On-Line Discount Broker
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Customers online account information is updated: Up to the minute
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Types of trades offerered:
Options
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Futures
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Cash markets
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Industry groups
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Indices
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Other trade types: FX
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Types of quotes offered to customers:
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Execution methods offered:
Electronic direct access trading(SOES, SNET and the ISLD ECN)
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Online Broker(trade desk)
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Broker
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Exchanges covered:
CBOT-Chicago Board of Trade
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CME-Chicago Mercantile Exchange
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CSCE-Coffee Sugar & Cocoa Exchange, Inc.
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KCBT-Kansas City Board of Trade
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LIFFE-London International Financial Futures Exchange
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MATIF-France's Futures & Options Exchange
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MEFF-Spain's Futures & Options Exchange
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MidAm-Mid-America Commodity Exchange
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Minneapolis Grain Exchange
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NYCE-New York Cotton Exchange
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NYMEX & COMEX-New York Mercantile Exchange
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Setup or initial costs to set up an account: 0
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Features
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Types of services offered to customers:
Technical Analysis
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Fundamental Analysis
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Basic -charts & graphs
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Advanced- charts & graphs (technical indicators, ability to change parameters, etc.)
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Head line news
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Portfolio management
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Wireless (quotes, alerts, execution, etc.)
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Ways customers can access their trading account:
Internet
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Telephone
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Broker
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Mail
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Allow stop, limit, and stop limit orders? Yes
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Charge extra for stop, limit, and stop limit orders: No
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Offer 24 hour customer support: Yes
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Offer tax planning advice: No
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Additional Comments
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Special features included in the service are:
one-on-one full service brokerage, daily commentaries, bilingual brokers, flash fills.
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This broker's service is better than the competition in these areas:
Price Group has competitive commission rates and facilitates numerous types of futures trading business.
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Types of security precautions taken for customers:
The margin levels are constantly reviewed. The brokers are also attentive to your trading needs.
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Communications during systems failures has been assured through:
Online or the telephone.
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The major plans for upgrading the current level of trading service are as follows:
The Price Group plans on upgrading its website to offer the client delayed and realtime quotes for select markets. We also plan to hire more brokers to ensure all areas of trading will be facilitated including the expansion of the Electronic Trading Division.
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