Launched in 1995 in Chicago, Daniels Trading is an online futures brokerage group that offers trading services to over 16 thousand traders, and so far, they have over executed over 7.2 million contracts. They provide traders with a proprietary trading platform that is available in the desktop and web versions for trading futures and options on several assets, such as forex, commodities, indices, metals, and energies. They offer a selection of trading and learning tools. There is a client support team to aid traders. The minimum required to begin trading with the broker is $2,000, and zero commissions are charged on trades.
Daniels Trading Review Introduction
In this Daniels Trading review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including Daniels Trading.
Daniels Trading Platforms & Tools
The broker provides traders with the Daniels Trading platform, an in-house-developed trading platform that allows traders to trade futures and options on futures. The platform is available as a desktop application for Windows and Mac computers, and a WebTrader that can run directly on most modern web browsers. The broker allows clients to trade hands-on or hand-off. This means that traders can choose to trade on their own via a trading broker, or they can invest in managed futures and allow a knowledgeable community trading advisor to make trading decisions on their behalf.
The broker provides traders with some useful trading tools that ensure they get the best out of their trades. These include Charts and Trading Calculators. The broker states that there may be fees for Chart data.
Daniels Trading Research & Education
Traders also get to make use of a wide selection of educational materials that are provided on the broker’s website. These include trading guides, tutorials, videos, articles, reference materials, and a news section that keeps traders informed on the latest happenings in the financial markets. There is also an FAQ section that answers the most common questions that traders may have.
Daniels Trading Trading Accounts
Both individual traders and corporate entities are allowed to open a Gain Capital Account or R.J O’Brien Account. The minimum deposit required to operate the accounts is $2,000. They offer variable spreads and charges a 0% commission on trades.
Daniels Trading Account Funding
Account deposit and withdrawal requests at Daniels Trading are processed using Automatic Clearing House (ACH).
Daniels Trading Customer Service
The broker offers a professional client support team that is available to respond to clients’ general, technical, and account-based inquiries. They can be reached via the following contact channels: telephone, Live Chat, online contact form, and social media.
Daniels Trading Regulation
Daniels Trading is regulated by the Commodity Futures and Trading Commission (CFTC).
Daniels Trading Review Summary
Daniels Trading is a multi-asset brokerage firm that is based in Chicago. They have a wealth of experience that spans over two decades. The broker makes futures and options trading flexible: clients can trade by themselves via a broker, or they can use the services of a trade advisor to trade hands-off. The brokerage firm provides a selection of trading and learning tools, and there is also a client support team available to aid the trading process. The broker is regulated by the CFTC.
It is worth mentioning that some of the trading products and services in this Daniels Trading review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the Daniels Trading broker website which you can visit by using the link below.
Trading online comes with a high risk of losing money rapidly. You should consider whether you understand how traing online works and whether you can afford to take the high risk of losing your money.