| 1. ProActive
Futures is located at: 255 Executive DR, Suite 410, Plainview, NY 11803 |
| 2. We
began operations in September of 2001 |
| 3. Our
sales and customer service staff can assist you from 7:30 EST
to 5:00EST. Our trading desk can be reached 24 hours a day,
5 days a week beginning Sunday at 6:00EST |
| 4. The
minimum to open an account is $2500 for retail clients. You
should consider the markets you wish to trade and your trading
style before making your initial deposit. |
| 5. Commissions
depend on volume, markets you trade,
and number of contract you trade per month. The commission
tables with
volume breakdowns
can be found on the “commissions and fees” section
on the home page. For a direct quote
please call 1-877-393-5916 or 516-513-0889 |
| 6. All
overnight positions require the exchange minimum margins which
are set by the exchange and subject to change without notice
from the exchange. |
| 7. ProActive
Futures offers a variety of services to aide your trading. |
| 8. ProActive
Futures offers an online training class to provide you with
the basic knowledge needed before you begin trading futures
online. |
| 9. ProActive
Futures provides free live demos for all platforms that are
supported. |
| 10.If
your computer should go down, our order desk is available 24
hours a day beginning on Sunday at 6:00 p.m. EST. |
| 11.We
offer access to the worlds major exchanges including the CME,
CBOT, EUREX, LIFFE, and NYMEX. |
| 12. Once
we receive your new account application and all the necessary
documents, we can usually open the account within 24 hrs. The
fastest way to open an account is through the online electronic
form. |
| 13. Your
funds are held with one of our clearing houses in a customer
segregated account. |
| 14. You will make your check payable to the clearing agent that your account is held at. Please double check before sending funds. |
| 15. You
can mail your check to ProActive Futures 255 Executive DR, Suite 410, Plainview, NY 11803 |
| 16. All
accounts will receive an emailed equity statement on every
day that a trade takes place. All accounts will also have
access to back office software that will enable you to track
your activity and balances. |
| 17. Yes,
but only if that person trading your account is registered
as a Power of Attorney. |
| 18. You
can either place orders online with one of our many trading
platforms or you can call our order desk which is available
24 hours a day. |
| 19. The
fastest way to open an account
is either by filling out the online electronic account
form or by downloading
the account
form from the “new account” section,
filling it out, then faxing the
completed forms to 516-977-1523.
Please include copy of your photo ID. |
| 20. No |
| 21. Fills
are usually immediate on all our electronic
platforms. (fill times may vary depending on market conditions,
connection
speed, and your ISP). |
| 22. ProActive
Futures is a member of the NFA and is CFTC registered. |
| 23. In
order to be a foreign IB, you must trade outside
the United States, and your clients must be non-U.S. citizens.
Please
call us for more details. |
| 24. Yes,
simply fill out the transfer form that is located in the
new account form booklet. |
| 25. You
can check your account balance with the back office software
that will be provided once your account is opened and funded. |
| 26. No.
Unlike the banking or securities industry,
there is no insurance in the futures and commodities industry. |
| 27. Yes.
We can trade your system whether it is mechanical and programmed
or manually executed. |
| 28. We offer a wide variety of platforms: ProActive Direct, Ninja trader, T4, Trade Navigator, X- Trader, Strategy Runner, and Ran Order/ EDGE. |
| 29. To
withdraw funds all you need to do is send an email request
to customerservice@proactivetrading.com |