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FastBrokers

Note: The following information has not been updated by the vendor since 06/15/10.

Address:500 N. Brand Ave Ste 1950
Glendale, CA 91203
Phone # for sales: 888 791 3278
Additional Phone #: 818 545 9955
Fax: 818 545 9997
Website: www.fastbrokers.com/index.php?01a66eaa
Click link to request additional product information.
E-mail address: jrichards@fastbrokers.com

CATEGORY: BROKERAGES

General Information | Account Information | Features | Additional Comments

General Information TOP

Brokerage name: FastBrokers
Minimum account size: $2000-$3000
Base commission rates: $4 -$5
Brief explanation of margin rates, if applicable: 

Low intraday futures margins, $500 for e-mini indices. Up to 1:100 leverage on spot forex.
This brokerage has been in business for: 2-5 years
Primary type of broker: Futures
Brief description of services offered: 

Multiple worldwide exchange access dedicated to self directed online traders, with low competitive futures commission rates and tight forex spreads as low as 2 pips.

Account Information TOP

Types of trading accounts offered: 
  • On-Line Discount Broker
Customers online account information is updated: End of trading day
Types of trades offerered: 
  • Futures
  • Forex
Other trade types: N/A
Types of quotes offered to customers: 
  • Real-Time
Execution methods offered: 
  • Electronic direct access trading(SOES, SNET and the ISLD ECN)
  • Online Broker(trade desk)
  • Broker
Exchanges covered: 
  • CBOT-Chicago Board of Trade
  • CME-Chicago Mercantile Exchange
  • Gruppe Deutsche Borse
  • LIFFE-London International Financial Futures Exchange
  • NYMEX & COMEX-New York Mercantile Exchange
Setup or initial costs to set up an account: 0

Features TOP

Types of services offered to customers: 
  • Fundamental Analysis
  • Basic -charts & graphs
  • Advanced- charts & graphs (technical indicators, ability to change parameters, etc.)
  • Trading software- charts & graphs (create trading systems, scan and sort based on technical criteria)
  • Head line news
  • Unique proprietary stories and news coverage
  • Wireless (quotes, alerts, execution, etc.)
Ways customers can access their trading account: 
  • Internet
  • Broker
Allow stop, limit, and stop limit orders? Yes
Charge extra for stop, limit, and stop limit orders: No
Offer 24 hour customer support: Yes
Offer tax planning advice: No

Additional Comments TOP

Special features included in the service are: 

Market research and commentary.
This broker's service is better than the competition in these areas: 

Support. Customer service.
Types of security precautions taken for customers: 

Verification of identity. Full name, address, account number, phone number.
Communications during systems failures has been assured through: 

Phone and webchat/IM.
The major plans for upgrading the current level of trading service are as follows: 

Automated order placement over the phone.

General Information | Account Information | Features | Additional Comments

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