|
Online Trading
Electronic Trading Platforms available for your MF Global account:
Go here for a trading platform
COMPARISON.
ManXpress
An advanced platform that can be utilized as a java based software
application or browser based system. Provides order entry, quotes, and account
balance information all in one.
Opinion: Provides the most function out of all the platforms enabled for
both electronic and pit trading. More complicated than most to get use to, but
once you do, very capable and efficient. [Note: No additional fees for MF Global
clients.]
Electronic and Pit traded markets.
M-Trade
Mtrade has been designed to afford traders access to the US futures markets.
This browser based entry system allows users to access and trade both electronic
and open outcry markets.
Opinion: Browser based application, so it's available anywhere internet
is for you. No market depth or any other bells and whistles, but very effective
and easy to use for electronic order entry and management of any market. Users
enter symbols into platform for each trade. [Note: No additional fees for MF Global
clients.]
Electronic and Pit traded markets.
M-Trade Pro (J-trader)
Mtrade Pro is a feature-rich front-end application that can meet the needs of
all types of traders. It is a highly flexible product that allows you to choose
the level of functionality to suit your requirements. A Patsystems product.
Opinion: Very easy to use with simple and effective display for
execution.
Electronic markets only.
NinjaTrader
Order creation and management can be a time consuming and erroneous process
especially when trading fast markets, with NinjaTrader, the order execution
process is efficient and accurate providing you the edge you need to
succeed.
Opinion: This is a front-end upgrade to J-trader. Allows for auto-entry
stops and target orders. Tech support provided via email only. [Note: $49 per
month charge.]
Electronic markets only.
PhotonTrader
PhotonTrader is a professional level trading platform designed for those who
demand more out of each trade.
Opinion: Very fast. May be more than average trader needs however. [Note:
$200 per month charge.]
Electronic markets only.
Strategy Runner
Strategy Runner is a sophisticated yet easy-to-use trading platform that
provides ability to trail stops, auto exit, and more.
Opinion: Trailing stop-loss feature is nice, but not as fast or stable as
others. [Note: Additional fee charge of $0.75 cents per trade.]
Electronic markets only.
X-Trader (Tech Trader)
A high performance software for professional derivatives traders. Designed
for quick execution with a single click. Very good auto-spreader tool.
Opinion: More product than needed for most speculators. Largely a
professional system. [Note: $700 per month charge.]
Electronic markets only.
Commodity Explorer
A front-end software program that has the following tools for success; trend
charts, money management, realistic trade simulator and special contract
indicators to identify good trading candidates. Also provides video training and
interactive daily futures shows, along with hours of live internet radio
commentary.
Opinion: Nicely integrates trend recognition software into a
comprehensive trading platform. However, only 25 available markets means you'll
only trade contracts that someone else has deemed "safe." Might be best suited
for beginning traders looking for electronic guidance before execution. [Note:
Additional $99 per month fee.]
25 Electronic and Pit traded markets.
EDGE
The Edge online trading platform is easily deployed and configured for
trading in both electronic and open outcry markets. The Edge application has
been designed by industry professionals, with input from traders and customers,
to ensure that it meets today's demanding electronic trading requirements.
Opinion: Allows more user options and different set ups for trading
windows. Free last quotes of markets, but you will have to pay for live data.
Not as good of tech support system as M-Trade or ManXpress. [Note: Additional
$0.25 charge per trade.)
Electronic and Pit traded markets.
|