The fine print says you must open an OEC EQUITIES account, which is 25k, and a futures account is another 5k. So, I assume they want you to open both, 30k total, and then you can get the good deal on the futures trades. I've never personally traded through them, but I've tested their platform out and it gets the job done and it has a risk manager and the ability to automate trade ideas which is a big plus.
4 comments:
i have this deal. from about a year ago on futures from OEC. its 3.30 RT for ES, which owns any other broker. i got another small broker to match it but their platform wasnt as good and had no charting.
Thanks for this post!! I just opened my trading account with OEC. I saw your post, called them, qualified for the great pricing. Thanks again!
This is a GREAT Offer and is good for existing Futures accounts as well !The accounts must be opened AND funded by Sept. 30, 2010. Once OEC has verified the funds ~1 month the $0.50/side rate kicks in. the trader MUST then maintain a 5k minimum balance in each account.
This really is a great deal, I have compared commissions with other brokers and Lightspeed and Zumo trading do match these rates, however, the OEC platform is 10x better and offers much more then the aforementioned brokers.
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