General Information |
Brokerage name: ALTAVEST Worldwide Trading, Inc.
|
Minimum account size: $3000-$5000
|
Base commission rates: $20-$30
|
Brief explanation of margin rates, if applicable:
We use exchange minimum margins
|
This brokerage has been in business for: 2-5 years
|
Primary type of broker: Futures
|
Brief description of services offered:
Full-service brokerage offering FREE PaperTrader Online trade tracking, Real-Time charts/quotes, option histories, online trading, online statements, research, TradeScope recommendations, 24-hour toll-free quote line, Managed System Trading Accts, professional brokers. Request a free Starter Kit and try PaperTrader Online!
|
|
|
Account Information
|
Types of trading accounts offered:
Full Service
|
Premium Service
|
On-Line Discount Broker
|
|
Customers online account information is updated: Up to the minute
|
Types of trades offerered:
Options
|
Futures
|
Cash markets
|
Indices
| |
|
Other trade types: Futures Options and Stock Indices
|
Types of quotes offered to customers:
|
Execution methods offered:
Electronic direct access trading(SOES, SNET and the ISLD ECN)
|
Broker
|
|
Exchanges covered:
CBOT-Chicago Board of Trade
|
CME-Chicago Mercantile Exchange
|
CSCE-Coffee Sugar & Cocoa Exchange, Inc.
|
KCBT-Kansas City Board of Trade
| |
MidAm-Mid-America Commodity Exchange
|
Minneapolis Grain Exchange
|
NYCE-New York Cotton Exchange
|
NYMEX & COMEX-New York Mercantile Exchange
| |
|
Setup or initial costs to set up an account: 0
|
|
|
Features
|
Types of services offered to customers:
Technical Analysis
|
Fundamental Analysis
|
Basic -charts & graphs
|
Advanced- charts & graphs (technical indicators, ability to change parameters, etc.)
| |
Trading software- charts & graphs (create trading systems, scan and sort based on technical criteria)
|
Head line news
|
Unique proprietary stories and news coverage
|
Portfolio management
| |
Allow naked option writing
|
|
Ways customers can access their trading account:
Internet
|
Telephone
|
Broker
|
Mail
| |
|
Allow stop, limit, and stop limit orders? Yes
|
Charge extra for stop, limit, and stop limit orders: No
|
Offer 24 hour customer support: No
|
Offer tax planning advice: No
|
|
|
Additional Comments
|
Special features included in the service are:
PaperTrader Online trade and portfolio tracking service as well as educational materials and full-service trading support for new and advanced traders.
|
This broker's service is better than the competition in these areas:
There isn't any service that we can't offer at a competitive rate. Online traders may transmit orders direct to the floor. We offer proprietary services such as TradeScope, PaperTrader Online and charts by britefutures.com.
|
Types of security precautions taken for customers:
Prospects submit data only through an encrypted secure page, customer names are not made available to third parties. Clients can access statements online only through a secure site and only after enter a unique name and password of their choosing. Online trades never include account names or dollar values.
|
Communications during systems failures has been assured through:
24-hour toll-free order-entry desk for online traders. Backup power in all offices and for phone system.
|
The major plans for upgrading the current level of trading service are as follows:
N/A
|