Advantage Futures Review
Advantage Futures is a retail futures broker that was established in 2003 and has since grown to become one of the highest volume futures clearing firms in the industry with over 4.25 billion processed contracts and an ever-increasing clientele. They provide traders with access to trade multiple futures contracts, including forex, equities, indices, commodities, metals, energies, and bitcoin futures. The minimum deposit required to open an account is $10,000.
Advantage Futures Review, Pros & Cons
- Multiple sophisticated trading platforms
- Various financial instruments
- Educational resources
- Useful trading tools
- No MetaTrader platforms
- Limited account funding options
- Minimum $10,000 deposit
In this detailed Advantage Futures review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
Advantage Futures Overview
With its headquarters in Illinois, United States of America, Advantage Futures is a futures clearing firm that gives professional futures traders access to the futures markets via several trading platforms. They work to establish relationships with exchanges around the globe through their robust technology infrastructure that provides clients with fast and reliable access to their preferred exchanges and products. There are educational resources and a customer support team to assist traders.
Advantage Futures Regulation
The firm is regulated by the Commodity Futures Trading Commission (CFTC).
Advantage Futures Countries
The broker offers its services to clients from different parts of the globe where the use of such services would not be contrary to local laws and regulations.
Some Advantage Futures features and products mentioned within this Advantage Futures review may not be available to traders from certain countries because of legal restrictions.
Advantage Futures Platforms
Clients can choose from a wide variety of third-party top-quality trading platforms offered by Advantage Futures. They include the following:
- BTS: The Blue Trading System delivers comprehensive and high-performance trading solutions to professional options traders.
- CTS: T4 is a leading trading platform that provides the trader with global access to multiple futures exchanges with total flexibility.
- CQG: This platform gives traders an innovative trading interface that is replete with accurate global market data and professional analytics tools.
- FIS: This is a customizable platform that provides market access gateways, market data feeds, and other financial content.
- X-Trader: The X-Trader platform allows you to trade multiple products and markets from one fully customisable screen in real-time.
Other available trading platforms include the NiS.Biz, Pro Opticus, Stellar trading System, Vela Metro trading platform, and more.
Advantage Futures Trading Tools
Traders are also provided with some standalone trading tools to enhance their overall trading experience. They include the Commission Calculator that helps you to know the estimated commission rate on each trade.
Advantage Futures Education
The ‘Education’ section of the broker’s website contains several learning resources. These include the Knowledge Centre, seminars, webinars, library, glossary, news, and press releases. There is also an FAQ section that answers some of the most common questions that traders may have.
Advantage Futures Instruments
The broker offers futures and options on futures contracts in the following assets: forex, equities, indices, commodities, metals, energies, and bitcoin futures.
Advantage Futures Accounts & Fees
The broker offers the following trading account options; Individual, Corporate, LLC, Partnership, Trust, Introduced, and Managed Accounts. The minimum deposit required to operate an account is $10,000.
As broker fees can vary and change, there may be additional fees that are not listed in this Advantage Futures review. It is imperative to ensure that you check and understand all of the latest information before you open an Advantage Futures broker account for online trading.
Advantage Futures Support
The broker provides traders with a knowledgeable client support team that is always available to respond to their trading inquiries. They can be contacted via telephone, email, and social media. You can also visit their physical office in Chicago, Illinois.
Advantage Futures Deposit & Withdrawal
The broker allows traders to deposit and withdraw funds, to and from their trading accounts, using bank wire transfers and checks (personal checks, cashier’s checks, and bank checks).
Advantage Futures Account Opening
You can open your account through the broker’s online application, download and print the required documents, or request an application packet by mail. And as always, Advantage Futures client representatives are available to assist you at any step of the application process, and also provide you with a personalized pricing proposal.
It is imperative to ensure that when you are going through a broker application, you clearly read all of the brokers’ terms, conditions, and policies. Only proceed if you fully understand and agree with them.
Advantage Futures Summary
Advantage Futures is an online futures broker that provides traders with various trading platforms for trading the futures market online. They offer seamless connections to various futures exchanges. Clients benefit from the available educational resources and the services of a responsive client support team.
The risk of trading futures and options can be substantial. Each investor must consider whether this is a suitable investment. Past performance is not indicative of future results.