Overall Advantage Futures boasts an experienced management team that focuses on premier client service. Advantage Futures’ commissions and fees are based on trading volume and margin utilization. Advantage Futures the minimum balance required to open an account is $10 000/R160 000. Advantage Futures has an overall rating of 5/10.
Advantage Futures Trading at a glance
Broker’s Name | ADVANTAGE FUTURES |
📍 Headquartered | Chicago, United States |
📅 Year Founded | 2003 |
⚖️ Regulating Authorities | Not regulated |
🌐 Countries not accepted for trade | United States |
☪️ Islamic account (swap-free) | Not indicated |
👍 Demo Account | Yes |
📊 Institutional Accounts | Not indicated |
📊 Managed Accounts | Not indicated |
📈 Maximum Leverage | Not indicated |
💰 Minimum Deposit | $10 000/R160 000 |
💳 Deposit Options | Wire transfer, check |
💳 Withdrawal Options | Wire transfer, check |
💻 Platform Types | Not clearly described on homepage |
📱 OS Compatibility | Not clearly described on homepage |
📈 Tradable assets offered | Futures, Fixed Income/Interest Rates, Foreign Exchange, Equities and Index, Agricultural and Softs, Metals, and Energy |
👨💼 Languages supported on Website | English |
👥 Customer Support Languages | English |
📆 Customer Service Hours | 24 hours per day, six days per week. |
👉 Open account | 👉 Click Here |
It was established in 2003 and has risen to become one of the highest volume futures clearing firms in the industry, serving a diverse and expanding client base.
Advantage Futures Review – 15 Key Point Quick Overview Revealed (2022):
- Advantage Futures Overview
- Advantage Futures Safety and Security
- Advanced Futures
- Advantage Futures Pros and Cons
- Advantage Futures Leverage
- Advantage Futures Accounts
- Advantage Futures Market Instruments
- Advantage Futures Fees
- Advantage Futures Deposit and Withdrawal
- Advantage Futures Trading platforms
- How to open an account with Advantage Futures
- Advantage Futures Current Popularity Trend
- Conclusion
- Disclaimer
- Frequently asked questions
Advantage Futures promises every client personalized service, advanced technology, and customizable back-office operations.
Advantage Futures Overview
According to research in South Africa, ADVANTAGE FUTURES claims to be one of the highest volume futures brokers and clearing firms worldwide by claiming that it has cleared over 1.6 billion contracts.
Advantage Futures is a Chicago-based futures commission merchant (FCM) registered with the Commodity Futures Trading Commission (CFTC) and member of the National Futures Association (NFA). Advantage Futures is a clearing member or exchange member of the CME Group
The Advantage Futures team provides comprehensive, technology-driven clearing and execution services to traders through strong infrastructure, fast up-time and financial transparency.
Advantage Futures boasts an experienced management team that focuses on premier client service.
The company serves clients in 62 countries, territories and jurisdictions provides clearing and execution services for futures and options on futures trading to professional traders, proprietary trading groups, CTAs, hedge funds, and other institutions.
Advantage Futures provides clients with 24/6 technology support, operational and back-office support with 24-hour global execution services available from via an independent execution team. Advantage also provides trading access to Asian-Pacific exchanges through various correspondent broker relationships and supports two trading locations in the Chicago area.
Advantage Futures Safety and Security
One of the best benchmarks to measure the safety of a broker like ADVANTAGE FUTURES is to establish which regulating authorities are watchdogs over its actions.
Advanced Futures
Advantage Futures LLC is an operating subsidiary of the holding company Advantage Financial LLC. Advantage Futures LLC is registered with the CFTC as a Futures Commission Merchant, Commodity Pool Operator and Commodity Trading Advisor and is a member of the National Futures Association.
Advantage Futures does not currently manage any accounts nor have any funds under its management. Advantage Securities LLC, a registered Broker Dealer with FINRA, operates as Advantage Futures LLC’s subsidiary and currently is not clearing any business.
Advantage Futures Pros and Cons
✔️ Pros | ❌ Cons |
Established in 2003 | Not regulated |
Experienced management team |
Advantage Futures Leverage
Leverage is a facility that enables you to get a much larger exposure to the market you are trading than the amount you deposited to open the trade. Leveraged products, such as forex trading, magnify your potential profit – but also increase your potential loss.
Leverage amount is expressed as a ratio, for instance, 50:1, 100:1, or 500:1. Assuming that you have $1,000 in your trading account and you trade ticket sizes of 500,000 USD/JPY, your leverage will equate to 500:1.
Margin is the amount of collateral to cover any credit risks that may arise during your trading operations. It is expressed as the percentage of position size (e.g. 5% or 1%), and you have to have funds in your trading account to ensure sufficient margin.
For example, on a 1% margin, a position of $1,000,000 will require a deposit of $10,000. The margin level in a trading account needs to be equal to or more than 100% to be able to open new trades, otherwise, your trading account will be fully hedged.
Advantage Futures Accounts
A forex account at ADVANTAGE FUTURES is a trading account that you will hold and that will work similarly to your bank account, but with the difference that it is primarily issued with the purpose of trading on currencies.
Often, the number and type of accounts that a trader can open with a broker company differ depending on the country in which it operates and the regulatory authorities under whose jurisdiction it falls.
Each Advantage Futures client works with a dedicated client service representative who serves as a liaison throughout the entire trading experience. Its staff takes care of trading workstation and computer setup to allow traders to begin trading.
Advantage Futures Market Instruments
The most popular market instruments available from most brokers for trading include:
Forex
Forex trading describes the currency exchange market which refers to the global, decentralized marketplace where individuals, companies, and financial institutions exchange currencies for one another at floating rates.
Commodities
Commodity markets offer many investment opportunities for traders. Soft commodities have been traded for centuries and play a major role in portfolio diversification and risk management. Investing in contract-based tradable goods is a reliable way to mitigate risk during times of economic uncertainty.
Indices
Equity, or stock indices, are actual stock market indexes that measure the value of a specific section of a stock market. They can represent a specific stock market or a specific set of the largest companies of a nation.
Precious metals
The trading of gold and other precious metals, along with crude oil, copper or petroleum, are hard commodities that play a major role in the commodities market and are contract-based tradable goods.
Energy
The typical feature of energy prices is high volatility due to the influence of political and environmental factors, supply and demand, extreme weather conditions, and global economic growth.
ADVANTAGE FUTURES works to establish relationships with exchanges around the globe. Its strong technology infrastructure, assisted by these relationships, ensures clients fast and reliable access to their preferred exchanges and products like Fixed Income/Interest Rates, Foreign Exchange, Equities and Index, Agricultural and Softs, Metals, and Energy.
CME Group offers the widest range of global benchmark products across all major asset classes and Advantage Futures also supports Bitcoin futures via CME Group Inc.
Advantage Futures Fees
Cost depends on different factors, like spread and margins, and ADVANTAGE FUTURES clients may also experience different fee structures according to their country or place of residence. The spread of a currency pair is the difference between the bid and the asking rate. A pip represents the smallest increment that an exchange rate can move.
Margin is the amount of money required in your account in order to open a position. Margin is calculated based on the current price of the base currency against USD, the size (volume) of the position, and the leverage applied to your trading account.
ADVANTAGE FUTURES’ commissions and fees are based on trading volume and margin utilization. Professional traders may be eligible for lower commissions if they qualify for the Professional Traders Group (PTG) annual commission cap.
Advantage Futures account representative can assist in lowering your trading costs by identifying membership opportunities that could reduce exchange fees. Advantage Futures charges Exchange Minimum Margins but reserve the rights in its customer agreement to raise those margins at own discretion.
Advantage Futures Deposit and Withdrawal
Accounts usually require a certain minimum initial deposit, which can be paid in several ways. Withdrawals can usually be done in the same ways, but sometimes differ.
In the case of ADVANTAGE FUTURES, the minimum balance required to open an account is $10 000 although Advantage Futures requires that all accounts be funded appropriately and in accordance with associated risk.
Customers can securely transfer money between their Advantage Futures account and an account at another financial institution in the same name. Transfers can be done by Wire Transfer or Check – personal checks, cashier’s checks, and bank checks made payable to Advantage Futures LLC.
Advantage Futures Trading platforms
The forex trading platform provided by ADVANTAGE FUTURES to its clients is in essence the software to carry out their trades. Some brokers provide only one, others quite a few platforms.
A multi-asset trading platform is one that allows clients to trade forex as well as other asset classes. The decision about which platform to choose will usually depend on what a client would like to trade. ADVANTAGE FUTURES developed a low-latency trading infrastructure for clients that is fast and reliable.
Clients benefit from multiple data centers, server colocation, continuous network monitoring, high capacity fiber optic connected offices, multiple exchange connections, and state-of-the-art networking equipment for fast, reliable trading.
How to open an account with Advantage Futures
Similarly to a bank, to register a forex trading account with ADVANTAGE FUTURES for the first time, you will be required to go through a basic “know your customer” process, which will allow ADVANTAGE FUTURES to ascertain that your submitted details and ensure the safety of your funds and account details.
With ADVANTAGE FUTURES there are two ways to open an account:
Online (For the individual United States accounts only). Citizens wishing to open an individual account, can complete the secure and easy Online Account Application.
By Mail (For all account types). Customers can visit their Apply By Mail/Fax page, select the appropriate account type, download and print documents. The completed, signed, documents can then be mailed.
Advantage Futures Current Popularity Trend
As According to Google Trends, here is an overview of how frequently the search term – “Advantage Futures” is entered into Google’s search engine over a given period of time.
Conclusion
ADVANTAGE FUTURES is a company with over 4.25 billion contracts processed. Advantage Futures has risen to become one of the highest volume futures clearing firms in the industry.
Advantage Futures was founded on the principle to provide every client with personalized client service, advanced technology and customizable back-office operations. Its team provides comprehensive, technology-driven clearing and execution services to let traders focus on trading.
Disclaimer
ADVANTAGE FUTURES warns potential customers that Forex and CFDs trading always carries a high risk and may not be suitable for all investors.
Before deciding to trade with ADVANTAGE FUTURES, potential traders are advised to carefully consider their investment objectives, financial situation, needs and level of experience before investing money they cannot afford to lose.
ADVANTAGE FUTURES warns that margin trading involves the potential for profit as well as the risk of loss and that movements in the price of foreign exchange and commodities are very unpredictable, hence ADVANTAGE FUTURES cannot guarantee a maximum loss that a trader may suffer, according to research in South Africa.
Frequently asked questions
TRADING ENVIRONMENT
How many instruments can I trade with ADVANTAGE FUTURES?
You can trade different instruments with ADVANTAGE FUTURES, which include the following:
- Futures
- Fixed Income/Interest Rates,
- Foreign Exchange,
- Equities and Index,
- Agricultural and Softs,
- Metals, and
- Energy.
Which platforms are supported by ADVANTAGE FUTURES?
ADVANTAGE FUTURES provides multiple data centers, and state-of-the-art networking equipment for fast, reliable trading.
Does ADVANTAGE FUTURES offer leverage?
No.
What spreads can I expect with ADVANTAGE FUTURES?
ADVANTAGE FUTURES’ commissions and fees are based on trading volume and margin utilization.
Does ADVANTAGE FUTURES charge commission?
More information on commissions can be obtained from the customer support service.
Is ADVANTAGE FUTURES regulated?
No.
Is ADVANTAGE FUTURES a recommended forex trading broker for experts and beginners?
ADVANTAGE FUTURES offers a fair-trading environment for all types of traders.
What is the overall rating out of 10 for ADVANTAGE FUTURES?
5/10
Accounts
What is the difference between a demo and a live trading account?
A demo account is offered by broker companies and funded with virtual money that enables a prospective customer to experiment with the company’s trading platforms and its features, before setting up a real account funded with the customer’s actual money.
Does ADVANTAGE FUTURES offer a demo account?
Yes
How long is the demo account valid?
Not indicated
Which live trading accounts do ADVANTAGE FUTURES offer?
Not indicated.
What are the available deposit currencies for a live trading account?
Not indicated.
DEPOSITS AND WITHDRAWALS
What is the minimum deposit for ADVANTAGE FUTURES?
$ 10 000
How do you make a deposit and withdrawal with ADVANTAGE FUTURES?
ADVANTAGE FUTURES offers the following deposit and withdrawal methods:
Withdrawals can be done via:
Does ADVANTAGE FUTURES charge withdrawal fees?
Fees that may apply can be obtained from the company support team.
How long does it take to make a withdrawal?
Depending on bank services it may take several days for the money to be available.
Featured SA Shares Writer and Forex Analyst.
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