E-mini brokers are the people that you need to make it possible for you to trade e-mini futures contracts. You cannot trade any e-mini contracts without going through an e-mini broker-this is the law. As you can thus imagine, brokers are not all alike and they are competing for your business. You’ll therefore want to consider brokers very carefully before making a selection.
First, you want to use a brokerage that has access to the most advanced technology that they can make available to you. Such platforms as Ninja Trader, among others, are known for their speed of transaction but, even more importantly, for their end-user-friendliness. User friendliness and ease of use are absolutely the most important aspects, ultimately, of any e-mini trading platform. Your interest is in trading e-minis for profit, not in learning some complex computer software program. When it comes to these trading platforms you can choose from stand-alone modules that you upload to your computer hard drive or Internet-based online platforms. The Net-based platforms have the advantage of accessibility. The stand-alone module is fine for those traders who always trade from home, using the same computer, and who will likely place their trades by calling their broker on the telephone. Traders who travel around a lot and who may even need or desire to place trades from hand-held devices sometimes should certainly have Net-based platforms. The only drawback to these is that there cannot be any trouble with the Internet connection where they are. Besides the advantage of mobility, these platforms also enable a trader to immediately access another computer should their first choice crash. An important feature of both types of platform is the data feed. The faster and more in real-time the data feed, the better, as of course this minimizes slippage.
Now as far as what you want in your choice of brokerage beyond the technology you can use with them, one element that you want to see is definitely low spreads. In other words, the broker isn’t ripping you off for relatively large commissions on every trade you make. That’s like a stock broker or a bank or a debit card that “nickels and dimes you to death”. You don’t need that. A quality broker is facilitating so many transactions a day and has so many clients that they don’t need to make their profits on high commissions. They make their profits on large volumes of small commissions, daily.