Forum: Collective2 Suggestions, Feedback, Questions
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| Subject: | Equity account funded in GBP |
| Posted by: | German Saez |
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| When: | 4/03/12 (17:56) | |
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| | Hi everybody,
I'd like to open a equity account funded in GBP with a broker that supports 3G autotrading. I've got a GBP forex account with MB Trading but apparently their equity accounts can only be funded in USD.
Does anyone know about a broker that offers GBP funded equity accounts to trade futures and stocks and that supports 3G autotrading?
Thank you!
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| | In response to post by German Saez of 4/03/12 (17:56) Hi everybody,
I'd like to open a equity account funded in GBP with a broker that supports 3G autotrading. I've got a GBP forex account with MB Trading but apparently their equity accounts can only be funded in USD....
See entire
Hi, German -
I don't have a perfect answer for you, but I can suggest one possible solution. Since we are about to turn on Gen3 for Interactive Brokers (an announcement is coming soon) we are currently looking to partner with broker-dealers who use Interactive Brokers as their platform, either on non-disclosed or fully-disclosed basis. (If you've ever dealt with a brokerage firm that was not named "Interactive Brokers," and when the time came to open an account, you were taken to an Interactive Brokers web page; or if you funded your brokerage account by writing a check to "Interactive Brokers," then your broker is using Interactive as his platform.)
So, if you (or any other C2 Member, for that matter) have worked with a broker-dealer in the past (either USA or non-USA based) who uses Interactive Brokers as their platform, and if you enjoyed the experience of working with that broker, we'd be delighted to explore the possibility of partnering with your suggested firm so that you could use C2 Gen3 AutoTrade at an Interactive-Brokers-affiliated broker.
Please understand that we can't work with every broker, and adding a new broker interface is a fairly involved process on a technical level, so we'll need to be selective; and I can't promise that we will be able to act on every suggestion. That said, I certainly would welcome feedback from you or other C2 Members about Interactive Brokers partners that you'd like to see us work with in the very near future.
Matthew |
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What is the C2 Score?
Collective2 rates every trading advisor in its database and assigns a score between 100 and 1000.
In general, a rating above 500 is good. A rating above 700 is excellent.
Collective2 Ratings are recalculated daily based on the entire performance history in our database. The exact formula we use is proprietary, but there are several key variables that go into the Collective2 Rating. One of the most important factors is the length of time we have been able to observe the performance of the trader. Another key factor is the amount by which the trader over-performs or under-performs the S&P 500 index. Finally, the choppiness of the trader's results is taken into account. Certainly a more consistent trader will be rated more highly than a trader with erratic results.