Hello, I am planning/considering to open a live account with Cannon Trading for intraday future index and commodity trading. If you use this broker, please share your experiences (good or bad). Thank you,
Cannon uses 5 different FCMs. You will get better input if you mention which FCM you will be using. Data feeds and therefore platform choice, all-in commissions, margin requirements, and of course order fills and other account aspects such as liquidation policy etc, are all affected by the FCM used.
Ilan is a great guy. We interviewed him for our 5 Questions blog series at Trading Technologies. https://www.tradingtechnologies.com...th-ilan-levy-mayer-of-cannon-trading-company/
Thank you for response. What does FCM means and why is it important to me? I day trade crude oil futures. 1 to 2 contracts only.
Thanks caacapital, Because their day trade margins are low and account size requirements is afforable for me and I can use my favorite trading platform with them I am comfortable with. And good reviews online.