Best UK broker for es emini

[eminiglobex]

Does anyone use a UK based broker to trade es emini? Any recommendations.

Thanks in advance.

 

[Michael8667]

Does anyone use a UK based broker to trade es emini? Any recommendations.

Thanks in advance.

While not UK based, I'm a UK citizen and use Mirus Futures very easy account opening despite being in UK.

 

[Sidekicker]

Does anyone use a UK based broker to trade es emini? Any recommendations.

Thanks in advance.

I wouldn't bother, you won't get good rates.
As annoying as it is, it would be ebtter to go with a US broker for direct market.

 

[eminiglobex]

I wouldn't bother, you won't get good rates.
As annoying as it is, it would be ebtter to go with a US broker for direct market.

what do you mean by good rates? Exchange rates or commissions?

 

[eminiglobex]

does anyone know any UK brokers that can trade ES. thanks in advance

 

[p-lab]

what do you mean by good rates? Exchange rates or commissions?

what are you vending? - Could be a runner this one

 

[eminiglobex]

The purpose of this thread is to establish if anyone uses UK broker for trading es. I have tried a few of the bigger brokers and none do it. All things being equal I would prefer to have my funds based in the UK (and protected by UK law) rather than, as currently, in the US.

 

[Sidekicker]

The purpose of this thread is to establish if anyone uses UK broker for trading es. I have tried a few of the bigger brokers and none do it. All things being equal I would prefer to have my funds based in the UK (and protected by UK law) rather than, as currently, in the US.

Actually, I think funds are protected for much more in the US under a protection scheme but of course not being in the country, you might find it harder to get through the process.
Is there a reason you want to trade ES by the way? I'm not trying to put you off but the hours are a bit of a pain if you live in Europe. May as well trade the DAX as the amount of daily moves are similar.

 

[DT]

The purpose of this thread is to establish if anyone uses UK broker for trading es. I have tried a few of the bigger brokers and none do it. All things being equal I would prefer to have my funds based in the UK (and protected by UK law) rather than, as currently, in the US.

Doesn't seem particularly rational tbh...

Though if having a UK presence is important then I guess there is always interactive brokers.

Or assuming you're doing sufficient volume why not try - kyte, marex, xconnect, schnieder etc..

 

[eminiglobex]

Thanks for that DT.

Re ib, still usa though right

Re marex, xconnect etc...this is where my investigations have lead, but like you said require large volumes to be competitive. Have you used these yourself. Any feedback?

Re rational, this is something that has been on my mind for a while re managing unlikely risk of funds getting caught up in some kind of broker problem outside of UK law. but we all know client accounts are segregated and safe in USA right

 

[Sidekicker]

Thanks for that DT.

Re ib, still usa though right

Re marex, xconnect etc...this is where my investigations have lead, but like you said require large volumes to be competitive. Have you used these yourself. Any feedback?

Re rational, this is something that has been on my mind for a while re managing unlikely risk of funds getting caught up in some kind of broker problem outside of UK law. but we all know client accounts are segregated and safe in USA right

No, IB have various account locations, UK is one of them but you need the equivalent of 10k to open an account with them...at least that used to be the case. I would 2nd IB as well.

 

[DT]

As above IB has an FSA authorised UK subsidiary.

The other firms mentioned provide clearing services to professional traders.

IB caters for retail clients

Depends what you're after really, there's no harm in making a few phone calls...