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General Information |
| Brokerage name: Futures & Options of Texas
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| Minimum account size: $3000-$5000
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| Base commission rates: $20-$30
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Brief explanation of margin rates, if applicable:
Exchange Minimum Margins
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| This brokerage has been in business for: 5-10 years
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| Primary type of broker: Futures
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Brief description of services offered:
Access to 24 Hr. Futures & Options Trading via Trading Desk & Internet, Free Technical Analysis Training, Free Research
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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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On-Line Discount Broker
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| Customers online account information is updated: End of trading day
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Types of trades offerered:
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| Other trade types: Options on Futures
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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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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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Basic -charts & graphs
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Advanced- charts & graphs (technical indicators, ability to change parameters, etc.)
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Trading software- charts & graphs (create trading systems, scan and sort based on technical criteria)
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| Unique proprietary stories and news coverage
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Ways customers can access their trading account:
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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:
Access to 24 Hr. Internet Order Entry System - LeoWeb
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This broker's service is better than the competition in these areas:
Free Technical Analysis Training & Market Analysis Support
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Types of security precautions taken for customers:
Secure Internet Connection
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Communications during systems failures has been assured through:
Phone, Fax & Email
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The major plans for upgrading the current level of trading service are as follows:
CD Multimedia Training Products - Charting & Analysis, Trading Techniques & more
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