Daniels Trading Review
Daniels Trading is an independent futures brokerage firm founded in 1995 in the heart of Chicago’s financial district. The broker is built on a culture of trust and is committed to the firm’s mission of independence, objectivity, and reliability.
Daniels Trading Review, Pros & Cons
- An advanced trading platform
- A range of useful trading tools
- A selection of educational materials
- Minimum $2,000 deposit
- No MetaTrader platforms
- Limited deposit & withdrawal methods
In this detailed Daniels Trading 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.
Daniels Trading Overview
Since 1995, Daniels Trading has been providing online financial services to over 16 thousand traders with more than 7.2 million contracts traded. They offer futures and options to retail clients for online trading via an intuitive trading platform. The broker also provides a range of trading tools, educational resources, and a client support team.
Daniels Trading Regulation
Daniels Trading is regulated by the Commodity Futures and Trading Commission (CFTC).
Daniels Trading Countries
Daniels Trading only allow traders that are resident in the US to open an account with them. They no longer open any Canadian accounts through their clearing firms.
Some Daniels Trading features and products mentioned within this Daniels Trading review may not be available to traders from certain countries because of legal restrictions.
Daniels Trading Platforms
The broker allows clients to trade either hands-on or hands-off. If you choose to trade on your own, you will be given access to an online futures trading platform, the dt Pro platform. As a self-directed trader, you are also able to choose a futures broker that will execute your trades. Alternatively, you can defer all your futures and options trading decisions to a computer-based strategy or invest in managed futures and leave the decisions to a knowledgeable community trading advisor.
Daniels Trading Trading Tools
Trading tools such as Charts and Calculators are made available. But there may be fees for Chart data.
Daniels Trading Education
Traders are provided with a range of expertly crafted educational materials, including trading guides, tutorials, videos, articles, reference materials, FAQs, news, and more, to enable them to gain priceless insight about the market.
Daniels Trading Instruments
The broker offers the following trading instruments: forex, commodities, indices, metals, energies, futures, and options.
Daniels Trading Accounts & Fees
Traders can open a Gain Capital Account or R.J O’Brien Account as an individual or corporate body.
As broker fees can vary and change, there may be additional fees that are not listed in this Daniels Trading review. It is imperative to ensure that you check and understand all of the latest information before you open a Daniels Trading broker account for online trading.
Daniels Trading Support
The broker provides traders with a knowledgeable client support team that can be reached via email, telephone, Live Chat, online contact form, and social media.
Daniels Trading Deposit & Withdrawal
The broker allows traders to deposit and withdraw funds to and from their trading accounts using Automatic Clearing House (ACH).
Daniels Trading Account Opening
To open an account, click on the ‘Open A Futures Account’ button and then click on Apply to get to the registration form. Provide the required information and hit the Submit button.
It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree to them.
Daniels Trading Summary
Daniels Trading is an online trading broker that is geared towards traders who wish to trade futures and options with flexible choices. Traders have access to an online trading platform and brokers for self-directed trading, and they can also choose to use the services of a trade advisor for hand-free trading. There are trading and learning tools available to clients.
Trading online comes with a high risk of losing money rapidly. You should consider whether you understand how traing online works and whether you can afford to take the high risk of losing your money.