Thus, we recommend you use a basic futures account and then decide on the platform you wish to use. Regardless of whether or not you use the free platform, lease it, or buy it outright, it is possible to engage in futures trading. Keep in mind that there are added features xcritical when leasing or buying. If you are set on using a forex-dominated platform, TradersBest.com has an alternative option available to you. We’ve reviewed a number of alternative broker accounts for your consideration, get the latest on the Robinhood open account.
There is an active support forum, where you can interact with other users and XCritical’s support team. XCritical’s asset classes and the individual assets within each asset class lag behind other brokers. Using the ‘Trade Performance’ window, you can see your net profit or the commissions you paid. We also liked that the platform will calculate Sharpe ratio, Sortino ratio and the Ulcer index, among many others. To get things rolling, let’s go over some lingo related to broker fees. What you need to keep an eye on are trading fees and non-trading fees. Tick timeframes excellent thing to trade with short stop-loss…
How To Open Your Account
Any changes in the value of the indicator will result in a change in the order price levels. XCritical offers a range of built-in indicators with customizable parameters. The software also allows traders to create and load their own indicators.
You can download the trading platform for free and use it in demonstration mode, but when you want to make real trades, you have to open and fund an account. The paperwork is easy, and takes about a day or two to complete. The minimum opening balance for futures and Forex are $1,000 and $2,000, respectively. The margin requirement for futures is $500 per contract, and 2 percent on Forex trading accounts.
There are a number of options on futures which can be traded such as metals, energies, agricultural, interest rates, and equities. In terms of online security,