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Compass Financial Futures and Forex

Note: The following information has not been updated by the vendor since 06/02/05.

Address:2083 N Collins Blvd Suite 200
Richardson, TX 75080
Phone # for sales: 800 577 3600
Additional Phone #: 972 680 8080
Fax: 972 680 3355
Website: www.compassfinancial.com
Click link to request additional product information.
E-mail address: futures@compassfinancial.com

CATEGORY: BROKERAGES

General Information | Account Information | Features | Additional Comments

General Information TOP

Brokerage name: Compass Financial Futures and Forex
Minimum account size: < $1000
Base commission rates: $10-$11
Brief explanation of margin rates, if applicable: 

Typically we require exchange minimum margin rates, but reserve the right to add to that margin on an individual account basis.
This brokerage has been in business for: 15-20 years
Primary type of broker: Futures
Brief description of services offered: 

Compass Financial is a full service commodities and Forex firm that specializes in risk management. While we offer a customizable platform of services to suit the individual client, a partial list of our free services include: monitored paper trading, research, trade recommendations, newsletters, a full service website with quotes, charts, educational material, and more. We also offer discount trading services, online trading, online account access, customized trade recs, managed accounts, etc.

Account Information TOP

Types of trading accounts offered: 
  • Full Service
  • On-Line Full Service
  • Premium Service
  • Phone (touch tone) Discount Broker
  • On-Line Discount Broker
Customers online account information is updated: Up to the minute
Types of trades offerered: 
  • Options
  • Futures
  • Cash markets
  • Industry groups
  • Indices
  • Forex
Other trade types: N/A
Types of quotes offered to customers: 
  • Delayed Data
  • Real-Time
Execution methods offered: 
  • Online Broker(trade desk)
  • Wholesaler
  • Broker
Exchanges covered: 
  • CBOE-Chicago Board Options Exchange
  • CBOT-Chicago Board of Trade
  • CME-Chicago Mercantile Exchange
  • CSCE-Coffee Sugar & Cocoa Exchange, Inc.
  • KCBT-Kansas City Board of Trade
  • NYCE-New York Cotton Exchange
Setup or initial costs to set up an account: 0

Features TOP

Types of services offered to customers: 
  • Technical Analysis
  • Fundamental Analysis
  • Basic -charts & graphs
  • Advanced- charts & graphs (technical indicators, ability to change parameters, etc.)
  • Trading software- charts & graphs (create trading systems, scan and sort based on technical criteria)
  • Head line news
  • Portfolio management
  • Wireless (quotes, alerts, execution, etc.)
  • Allow naked option writing
Ways customers can access their trading account: 
  • Internet
  • Telephone
  • Broker
  • Mail
Allow stop, limit, and stop limit orders? Yes
Charge extra for stop, limit, and stop limit orders: No
Offer 24 hour customer support: Yes
Offer tax planning advice: No

Additional Comments TOP

Special features included in the service are: 

one-on-one customized full service
This broker's service is better than the competition in these areas: 

execution, custom services, trade recommendations, research, ethics, customer service
Types of security precautions taken for customers: 

N/A
Communications during systems failures has been assured through: 

multiple back-up phone numbers in various locations throughout the US
The major plans for upgrading the current level of trading service are as follows: 

constant improvement in online access, reduced costs of business passed on to the client, more research and trade recommendations, etc.

General Information | Account Information | Features | Additional Comments

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