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Rating Index

Pros

Competitive commission rates ranging from $1.68 to $1.94 flat per trade.
Access to a variety of e-mini and micro e-mini futures contracts on major US indices and commodities.
Established broker with a long history since 1998, regulated by CFTC and NFA, providing a sense of reliability.

Cons

Limited information available regarding the minimum deposit required to open a live account.
Withdrawal methods are restricted to bank wire and check, which may be less convenient for some traders.
Customer support options and responsiveness may not be as robust as some competing brokers, potentially leading to delays in assistance.

Emini Futures Broker Company

Emini Futures Broker - Comprehensive Information Guide

1. Overview of the Broker

E-Mini.com, established in 1998, is an online futures broker that specializes in E-mini and micro E-mini futures trading. Headquartered in Los Angeles, California, the company operates as a private entity under Cannon Trading. E-Mini.com primarily serves retail traders looking to participate in the futures market, particularly those interested in trading smaller contract sizes, which are more accessible than traditional futures contracts.

The broker has established itself in the financial industry by focusing on E-mini futures, which are one-tenth the size of standard futures contracts, making them ideal for both novice and experienced traders. The companys development journey includes significant milestones, such as the launch of its proprietary trading platform, the Cannon Pro Trading Platform, which offers advanced trading tools and resources for its clients.

As part of Cannon Trading, E-Mini.com benefits from a strong backing and a reputation built over decades of experience in the futures market. The business model revolves around providing retail trading services, allowing clients to access various futures contracts and commodities on major U.S. indices, including the E-mini S&P 500, E-mini Nasdaq 100, E-mini Dow, and micro E-mini Russell 2000.

2. Regulatory and Compliance Information

E-Mini.com operates under the supervision of key regulatory bodies, including the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA). The broker is registered with the NFA under the number 0216708, ensuring compliance with U.S. regulations that govern futures trading.

The broker's regulatory licenses are valid for all trading activities related to futures in the U.S. market, and they maintain a commitment to client fund safety through the implementation of strict customer fund segregation policies. This means that client funds are kept separate from the broker's operational funds, providing an additional layer of security for traders.

E-Mini.com adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, ensuring that all clients are verified before trading. This compliance is crucial in maintaining the integrity of the trading environment and protecting against fraudulent activities.

3. Trading Products and Services

E-Mini.com offers a diverse range of trading products, primarily focusing on E-mini futures contracts. The broker provides access to several major U.S. indices, including:

  • E-mini S&P 500 (Symbol: ES)
  • E-mini Nasdaq 100 (Symbol: NQ)
  • E-mini Dow (Symbol: YM)
  • Micro E-mini S&P 500 (Symbol: MES)
  • Micro E-mini Russell 2000 (Symbol: M2K)

In addition to index futures, E-Mini.com provides trading options for various commodities and other futures contracts. The broker also regularly updates its product offerings to include new futures contracts based on market demand, ensuring that clients have access to the latest trading opportunities.

For retail traders, E-Mini.com focuses on providing a user-friendly trading experience with competitive fees and commissions. Institutional clients can also benefit from tailored services, including white-label solutions and asset management services, allowing for a more comprehensive trading experience.

4. Trading Platforms and Technology

E-Mini.com supports various trading platforms, including the popular MetaTrader 4 and 5, catering to both novice and experienced traders. The broker also offers its proprietary Cannon Pro Trading Platform, which is equipped with advanced charting tools, analytics, and user-friendly interfaces to facilitate seamless trading.

The broker provides a web-based trading platform that allows traders to access their accounts from any device with internet connectivity. Additionally, E-Mini.com has developed mobile applications for both iOS and Android, enabling traders to manage their accounts and execute trades on the go.

The execution model utilized by E-Mini.com is primarily based on Electronic Communication Network (ECN) and Straight Through Processing (STP), ensuring fast and efficient order execution. The broker's servers are strategically located to minimize latency and enhance trading speed. Furthermore, E-Mini.com supports API access for automated trading, allowing clients to implement their trading strategies using various programming languages.

5. Account Types and Trading Conditions

E-Mini.com offers several account types to cater to different trading needs, including:

  • Standard Accounts: These accounts have a minimum deposit requirement, competitive spreads, and commissions that range from $1.68 to $1.94 per contract traded.
  • Advanced Account Types: VIP and professional accounts are available for high-volume traders, offering lower commissions and additional features.
  • Special Accounts: Options include Islamic accounts and corporate accounts tailored for specific client needs.
  • Demo Accounts: E-Mini.com provides demo accounts for new traders to practice their strategies without risking real capital.

The broker offers leverage ratios that vary depending on the product traded, allowing clients to maximize their trading potential while managing risk. The minimum trading lot size is flexible, accommodating both small and large traders.

6. Fund Management

E-Mini.com supports various deposit methods, including bank transfers, checks, and credit cards. The minimum deposit requirements vary based on the account type, with standard accounts generally requiring a lower initial investment.

Processing times for deposits are typically quick, allowing traders to fund their accounts and start trading with minimal delays. The broker does not impose deposit fees, making it cost-effective for clients to manage their funds.

Withdrawal methods include bank transfers and checks, with specific limits and processing times depending on the chosen method. E-Mini.com has a transparent fee structure for withdrawals, ensuring that clients are aware of any applicable charges before initiating a withdrawal.

7. Customer Support and Educational Resources

E-Mini.com offers multiple channels for customer support, including telephone, email, and live chat. The support team is available during business hours, providing assistance to clients across various time zones. The broker also supports multiple languages, ensuring that a diverse clientele can access help when needed.

The educational resources provided by E-Mini.com include webinars, tutorials, and e-books to help traders enhance their knowledge and skills. Additionally, the broker offers market analysis services, including daily reports and research, to keep clients informed about market trends and opportunities.

Trading tools such as calculators, economic calendars, and signal services are also available to assist traders in making informed decisions.

8. Regional Coverage and Restrictions

E-Mini.com primarily serves clients in the United States, with regional offices located in key financial hubs. The broker is committed to expanding its reach while adhering to regulatory requirements in different jurisdictions.

However, certain countries may be restricted from opening accounts with E-Mini.com due to local regulations or broker policies. Detailed information regarding prohibited countries is not publicly available, but interested clients are encouraged to contact the broker directly for clarification.

In conclusion, E-Mini.com stands out as a reliable emini futures broker, providing a comprehensive suite of trading products and services tailored to the needs of retail and institutional clients alike. With a strong regulatory framework, advanced trading technology, and a commitment to customer support, E-Mini.com is well-positioned to support traders in navigating the dynamic futures market.