Benefits of Trading Ironbeam Futures
Ironbeam is a futures broker that offers traders access to global markets for a wide range of products, including oil, natural gas, energy, metals and stock indexes. They have competitive pricing, low commissions and advanced trading tools. However, trading comes with a high level of risk, so it is essential to have a sound strategy and a good understanding of how to trade futures.
The Ironbeam trading platform is a powerful tool that allows traders to quickly and easily execute trades. The platform is available on both desktop and mobile devices and provides a number of features for traders to use. This includes order execution, research tools, and a range of customizable options. Ironbeam also offers a free demo account for traders who would like to try their services before making a deposit.
One drawback of Ironbeam is that the futures trading platform relies on Java, which leaves your computer vulnerable to outside threats. This makes it unsuitable for beginner traders who are not familiar with computers and the security risks involved. Additionally, the company does not offer a comprehensive pricing list to show users exactly how much they will be charged for trading fees and other services.
What Are the Benefits of Trading Ironbeam Futures?
Ironbeam has its own trading platform and several 3rd party trading platforms that customers can choose from. These include the Daytradr and Jigsaw trading platforms as well as Bookmap, a cutting-edge technology that allows traders to visualize liquidity and understand market order flow in real time at 40 frames per second. Traders who use these platforms will need to be aware of the risks involved in leverage trading and have a strong risk management strategy in place.
Traders who use the Ironbeam Trader app have access to real-time price data and advanced charting tools. They can also use the customisable workspace to create a layout that suits their trading style. The trading platform is also fast and reliable, enabling traders to make trades at the optimal moment for each market.
In addition to the proprietary trading platform, Ironbeam also offers access to direct, unfiltered exchange data through its IQ Connect service. Traders can access a variety of technical indicators, charts and data to analyse the markets and improve their trading performance.
If you are an algorithmic or high-frequency trader, you can benefit from server colocation at one of Ironbeam’s datacenters. The company’s infrastructure is built to N+1 resiliency and the network capacity typically operates at 10% or less of peak volume.
Ironbeam is a Futures Commission Merchant registered with the Commodity Futures Trading Commission and is a member of the National Futures Association. Their customer support is responsive and helpful, and they are committed to being fully responsive to their customers’ needs.
