Types Of Accounts
Orion Futures Group, Inc. addresses your personal investment objectives, trading style and experience with an account that fits your individualized needs. Regardless of the account type that you choose, you can be assured of superior service, fast fills, and complete access to the multitudes of benefits that are available as a client of Orion Futures Group, Inc.
Here is a listing of the different account types. After reading the descriptions, you may choose the account type that best suits your needs and have the appropriate forms mailed or FAXed to you so that you may open an account. You may open an individual, corporate, partnership or IRA account!
Special Note: Full Service Futures & Discount Brokerage Accounts have NO ACCOUNT MINIMUM! What type of account would you like to open? DEEP DISCOUNT (As low as* $18.00 Round-Turn) Best suited for veteran traders, day traders, and CTA's. Professional traders feel secure knowing that licensed brokers, not an order desk, handle their trades. Fast, reliable and courteous futures brokers. DISCOUNT: (As low as *$24.00 Round-Turn) Designed for veteran commodity traders who are looking for a low cost way of executing their orders. Like other types of accounts, orders are executed quickly with fills reported promptly. By using only licensed brokers, Orion Futures Group, Inc. can eliminate the delay caused by trading through massive, overburdened order desks. All discount accounts are expected to properly enter all orders through their broker. BROKER ASSISTED: (As low as *$30.00 Round-Turn) NO VOLUME QUOTAS! Broker assisted accounts are best suited for individuals with some trading experience. Your broker will provide total support for all your trading needs. We will provide real-time quotes, charts, and even teach you how to interpret fundamental trading reports and other events that affect the futures markets. Your broker will take all the time you need to fully answer any questions you may have. Orion Futures Group, Inc. brokers can help provide risk management assistance, usually with support and resistance numbers provided on a daily basis. We can also help place contingency (If Then) orders for investors that cannot follow the market on a minute by minute basis. This type of account is great for system traders! FULL SERVICE FUTURES: (As low as $40.00 Round-Turn) Full service accounts are best suited for beginning traders with limited experience in commodity futures and options trading. Full service is recommended for any investor who can benefit from having a professional trader assist with order placement, fundamental and technical analysis, and most importantly, assist them with their risk management. With this type of account, your broker will stay in constant contact. If you need a time or price alert, just ask. This type of account is perfect for novice traders who have taken a Ken Roberts or Larry Williams trading course. We provide real-time alerts for 1-2-3's, head and shoulder tops and bottoms and many more candlestick patterns. With this program, you work one-on-one with a commodity futures and options broker that can assist you with a system on your own, or give recommendations on trades that meet your risk parameters. The customer always retains the final say as to whether trades are initiated. ONLINE FUTURES ACCOUNT: (As low as $6.00 Round-Turn) Online accounts are for seasoned traders who want a low cost way of executing their orders without having to talk to a broker. We will give you FREE Live Quotes on all markets, custom/interactive java charting, live futures news, live account updates, 24 hour trading, reduced margins for qualified accounts and total support with free broker backup via toll free numbers. MANAGED ACCOUNT:
(Rates from $10.00 Round-Turn) NO VOLUME QUOTAS! Managed accounts are best suited for those individuals who would like to benefit from the diversification that futures trading can offer an overall portfolio, but do not have the time to work with a broker or trade an account themselves. In these situations, we can present you the performance track records of a number of different Commodity Trading Advisor's (CTA's) that fit your investment criteria, such as investment goals, capital, commitment, and risk tolerance. |
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* Prices shown are on a round basis and do not include applicable clearing fees from Regulatory agencies, Exchange Clearing Fees, or other fees required. Options contracts are charged both the buy and sell side up front when entering the position.
** There is risk of loss in trading futures.
***Minimum Suitability requirements apply for all futures trading accounts. You must understand that Futures Trading involves Risk of Loss and only Risk Capital should be used to fund a Futures/Options trading account
The information provided here is believed, but not guaranteed, to be true.
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