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Able World Trading LLC

Note: The following information has not been updated by the vendor since 01/15/13.

Address:2180 Kent Ct
Mahwah, NJ 07430
Phone # for sales: 201 529 3123
Additional Phone #: 732 619 5356
Fax: 201 661 2825
Website: www.ableworldtrading.com
Click link to request additional product information.
E-mail address: info@ableworldtrading.com

CATEGORY: BROKERAGES

General Information | Account Information | Features | Additional Comments

General Information TOP

Brokerage name: Able World Trading LLC
Minimum account size: $2000-$3000
Base commission rates: $7-$8
Brief explanation of margin rates, if applicable: 

Exchange minimum margins; special margins available for day traders (usually 25% of exchange minimums).
This brokerage has been in business for: 2-5 years
Primary type of broker: Instant order execution-Futures
Brief description of services offered: 

Instant order execution; trade all markets globally; feature rich trading platform; self-directed trading accounts; broker-assisted trading accounts; full-service trading accounts; managed futures accounts.

Account Information TOP

Types of trading accounts offered: 
  • Full Service
  • On-Line Full Service
  • Premium Service
  • On-Line Discount Broker
Customers online account information is updated: Up to the minute
Types of trades offerered: 
  • Options
  • Futures
Other trade types: Spread on futures
Types of quotes offered to customers: 
  • Real-Time
Execution methods offered: 
  • Electronic direct access trading(SOES, SNET and the ISLD ECN)
  • Online Broker(trade desk)
  • Broker
Exchanges covered: 
  • CBOT-Chicago Board of Trade
  • CME-Chicago Mercantile Exchange
  • CSCE-Coffee Sugar & Cocoa Exchange, Inc.
  • KCBT-Kansas City Board of Trade
  • LIFFE-London International Financial Futures Exchange
  • MATIF-France's Futures & Options Exchange
  • MEFF-Spain's Futures & Options Exchange
  • MidAm-Mid-America Commodity Exchange
  • Minneapolis Grain Exchange
  • NYCE-New York Cotton Exchange
  • NYMEX & COMEX-New York Mercantile 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
  • Unique proprietary stories and news coverage
  • 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: 

Weekly market analysis with trade recommendations newsletter sent via email.
This broker's service is better than the competition in these areas: 

Trading platform is available in 6 languages; Trading platform is compatible with PC and Mac; Trading platform is integrated with additional browser-based platform which does not require any download, and works trhough corporate firewalls; Aggressive commissions, and personalized customer service. Brokers with 25 years experience on trading floor.
Types of security precautions taken for customers: 

Extra layer of protection for customer accounts: this brokerage (IB) is guaranteed by Ironbeam Inc. (FCM).
Communications during systems failures has been assured through: 

Phone, cell phones, email.
The major plans for upgrading the current level of trading service are as follows: 

An API for the trading platform will be available at the end of 2nd Qt. 2011.

General Information | Account Information | Features | Additional Comments

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