Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
LA/West Coast Brokerages - Cannon Trading, MB Trading, who am I missing?
I've been looking for a futures broker on the west coast to replace my current (crappy) one.... but I haven't had any luck with getting recommendations in other discussion areas, so I'd like to appeal to you!
The only two big brokerages I've found on the west coast, who both happen to also be in LA, are:
They both have similar commissions, the only real difference are the platforms they offer.... I was wondering if anybody has any other suggestions? I'd really like somebody in LA, but I'm willing to look in the rest of CA too, possibly even the rest of the west coast.
Thank You
- JL
Can you help answer these questions from other members on NexusFi?
Maybe I am missing something really important - but other than supporting your local economy, why the priority or requirement of finding a broker on the west coast?
I hate to revive a necropolis thread (I guess a few months isn't too bad), but I took a break from the internet/trading communities and didn't see Mike's reply until now. The volatility encouraged me to see what other people were talking about =).
No you didn't miss anything really important... to my knowledge at least =). I wanted a west coast broker (specifically one in LA) admittedly mostly for "soft" reasons - I just liked the idea, and it was a gut feeling. Very slight time zone issues also played into it, although of course all of our hours are set by the markets... Perhaps I was most interested in the idea of getting to know my broker and becoming friends, possibly "doing lunch" as people in LA say. If trading is your lifestyle I think it's important to make sure you set yourself up for success and happiness <- does that sound cheesy?
For what it's worth I went w/ Cannon Trading, though Global Futures was a close second, and I've been impressed so far. Mike - knowing my reasoning, what do you think of my methodology of choosing a new broker? Not that all I cared about was the coast they were on, but it was a nice way of narrowing it down.