General Information |
Brokerage name: CrowFlite Corporation
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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:
CrowFlite offers "exchange minimum margin rates to qualified investors.
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This brokerage has been in business for: 5-10 years
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Primary type of broker: Trading Strategy
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Brief description of services offered:
CrowFlite specializes in option and futures trading in stock indexes and all other futures markets. We focus selling premium on options.
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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: Delayed (< 1 day)
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Types of trades offerered:
Stocks
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Bonds
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Options
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Futures
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Cash markets
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Indices
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Other trade types: very strong overseas contacts
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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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Wholesaler
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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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EASDAQ
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Hong Kong Stock Exchange
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London Stock Exchange
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MATIF-France's Futures & Options Exchange
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MidAm-Mid-America Commodity Exchange
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Minneapolis Grain Exchange
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New York Stock Exchange (NYSE)
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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: Depends on type of account
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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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Trading software- charts & graphs (create trading systems, scan and sort based on technical criteria)
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Head line news
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Unique proprietary stories and news coverage
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Allow naked option writing
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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:
N/A
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This broker's service is better than the competition in these areas:
option selling, futures trading, day trading, winning
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Types of security precautions taken for customers:
CrowFlite is reg. NFA, CFTC, CTA
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Communications during systems failures has been assured through:
N/A
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The major plans for upgrading the current level of trading service are as follows:
N/A
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