Infinity

[Reaver 10]

I find the whole idea of an "assigned broker" a bit creepy. I prefer the Interactive Brokers style where you can anonymously make a million or blow your account without worrying about someone looking over your shoulder.

 

 

That just cracked me up. lol Not sure, why but it was funny..and true. lol

[cirem22 10]

I use infinity and i am very happy with the platform and the service given.

[404 10]

Can someone explain to me who uses Infinity, why one would not just go through TransAct Futures? Isnt the Infinity platform a reproduction of TransAct's platform?

Why use a middleman?

 

I am demo-ing platforms right now, and will be demo-ing these soon...I just wanted to know why I should not just go straight to TransAct for the demo?

[Disco Scottie 10]

I absolutely LOVE Infinity. I usually get filled on a 50 contract ES trade in 1 second, sometimes 2 at the most. And Tom will take very good care of you!

[Armand 10]

I absolutely LOVE Infinity. I usually get filled on a 50 contract ES trade in 1 second, sometimes 2 at the most. And Tom will take very good care of you!

Hi Disco Scottie,

 

Does Infinity require some minimum number of trades before some kind of fees kick in? Also, how much is a round trip ES contract?

 

Thanks,

Armand

[Disco Scottie 10]

Hi Disco Scottie,

 

Does Infinity require some minimum number of trades before some kind of fees kick in? Also, how much is a round trip ES contract?

 

Thanks,

Armand

 

There's no minimum number of trades, 50 contracts is what I happen to be comfortable with. The round trip fee will depend on how much $$$ you have in your account, it's a negotiable amount. But I think you'll be very pleased. PM me if you'd like contact info with them.

[BlowFish 10]

Do they pay interest on balances?

[Bearbull 10]

Do they pay interest on balances?

 

No, however the platform(fast execution) and the back up service -par excellent-compensates for the interest.IMO

[Hlm 10]

I have to disagree with all the favorable Infinity comments here. I was whacked inactivity fees and had my commissions bumped up all without notification. When I signed up with them I explicitly asked if there were volume minimums and inactivity charges and they said, "NO".

The platform is just a white label of the Transact AT - so if that is the attraction you might as well sign up with Transact and get a lower commission rate to boot!

I am curious as to some of the specifics such as:

 

What were the "inactivity fees" and how long did it take for them to come into play?

What percent were your commissions bumped up?

What was their response when you confronted them about you "explicitly" asking them if there were minimums?

How long ago did this happen?

 

After reading this I contacted a friend that has accounts with several brokers and that I knew hadn't taken a trade through Infinity this year yet. He confirmed that he has never received a "no activity" fee and his commissions were still mid $4.

 

Any more specific information about your situation would be greatly appreciated.

 

Also, with your comment about going through Infinity versus Transact...many times it's about customer service and being able to get through when you need them the most.

[Armand 10]

Minetoo -- PM me with details and I will look into it.

 

Infinity_Tom

 

Hi Infinity_Tom,

 

Do you know if there is some minimum number of trades that are required to avoid an inactivity fee. If so, what number of trades would that be.

 

Thanks,

Armand

[Infinity_Tom 10]

Hi Infinity_Tom,

 

Do you know if there is some minimum number of trades that are required to avoid an inactivity fee. If so, what number of trades would that be.

 

Thanks,

Armand

 

Hi Armand,

 

* There are no Inactivity fees with Infinity.

* There are no minimum trading requirements.

* Minimum account size is $2500

* $500 Daytrade Margins for Eminis, YM

 

PM me for further details or go here --> http://www.infinityfutures.com/demoforms/IATdemo.aspx?ref=tdlb for a free 30 day demo.

[nosast 10]

Infinity_Tom,

 

what is the margin for Eurex Contracts (FDAX, FESX, FGBL)??

[Infinity_Tom 10]

Hi nosast,

 

Daytrade Margins for:

FDAX - $1500

FESX - $500

FGBL - $500

 

Overnight margins are set at exchange minimums.

 

Thanks,

 

Tom

[nosast 10]

Thanks Tom!

 

These are very low commissions for the Eurex.

When trading for example the FESX and making a profit of 100 € after Com - will the profit be quoted in EUR or converted into USD??

[Infinity_Tom 10]

Thanks Tom!

 

These are very low commissions for the Eurex.

When trading for example the FESX and making a profit of 100 € after Com - will the profit be quoted in EUR or converted into USD??

 

nosast,

 

All Profit / loss figures will be in Euros.

 

Tom

[brownsfan019 17]

Thanks Tom!

 

These are very low commissions for the Eurex.

When trading for example the FESX and making a profit of 100 € after Com - will the profit be quoted in EUR or converted into USD??

 

nosast - Tom quoted you MARGINS, not COMMISSIONS. Two very different things. Make sure you get BOTH in writing.

[nosast 10]

Thanks brownsfan...

 

It was just a mistake. I know the difference between commissions and margin :crap:

[brownsfan019 17]

Thanks brownsfan...

 

It was just a mistake. I know the difference between commissions and margin :crap:

 

Just making sure. Someone else could have read that and thought the same thing.

 

[Disco Scottie 10]

nosast - Tom quoted you MARGINS, not COMMISSIONS. Two very different things. Make sure you get BOTH in writing.

 

Infinity's margins are great, and the their commissions are great too. i am thrilled to be a client. I will be a LIFELONG client... their fill times are amazing, and my profits are amazing as well. Thank you Infinity!!!

[Z_trade 10]

Infinity_Tom

 

I am a trial user for the Infinity At/transact demo and have a few concerns:

 

Where do you hold orders - server side or client computers?

if I / for instance / have to reboot my computer, Infinity AT lost all my orders/brackets/stops from previous session or its able to pull/recover all the orders like nothing happend?

 

Is there any difference between demo and live account in terms of quality of data feed?

I've noticed a significant lag compare to eSignal data feed using MC and two data feeds.

 

Is it possible to place a one click stop limit order using a DOM instead of default stop market order?

 

Thanks

Edited March 19, 2008 by Z_trade

[Infinity_Tom 10]

Infinity_Tom

 

I am a trial user for the Infinity At/transact demo and have a few concerns:

 

Where do you hold orders - server side or client computers?

if I / for instance / have to reboot my computer, do the platform able to pull all my orders/brackets/stops from previous session or its lost?

 

Is there any difference between demo and live account in terms of quality of data feed?

I've noticed a significant lag compare to eSignal data feed using MC and two data feeds.

 

Is it possible to place a one click stop limit order using a DOM instead of default stop market order?

 

Thanks

 

Hi Z,

 

Thanks for your interest.

 

All orders are immediately sent to the exchange. The OCO functionality of "intelligent" orders such as brackets, trailing stops, stops to breakeven is handled differently. The intelligence is held on your computer, so even though a bracket is sitting on the exchange if you close down your platform or a communication stoppage occurs between your PC and our servers, both orders will be at risk of getting filled.

 

The Simulator has no memory so PNL, and some other functions are not held over if you close down the platform.

 

At certain times our systems engineers perform testing on the simulator this may impact data feed speed at times, but overall you should be experiencing a fast data feed with AT. If you aren't after several trials let me know. There might be a connection issue between you and us and we will take a look at that.

 

It is possible to customize the platform to place stop limits. This can be achieved by adjusting default button actions under the main properties dialog.

It is a little involved so I won't take up anymore space with instructions here. PM me and I will contact you and help you set up this custom order set.

 

Best regards,

 

Tom

[Guest forsearch]

Hi Z,

 

Thanks for your interest.

 

All orders are immediately sent to the exchange. The OCO functionality of "intelligent" orders such as brackets, trailing stops, stops to breakeven is handled differently. The intelligence is held on your computer, so even though a bracket is sitting on the exchange if you close down your platform or a communication stoppage occurs between your PC and our servers, both orders will be at risk of getting filled.

 

The Simulator has no memory so PNL, and some other functions are not held over if you close down the platform.

 

At certain times our systems engineers perform testing on the simulator this may impact data feed speed at times, but overall you should be experiencing a fast data feed with AT. If you aren't after several trials let me know. There might be a connection issue between you and us and we will take a look at that.

 

It is possible to customize the platform to place stop limits. This can be achieved by adjusting default button actions under the main properties dialog.

It is a little involved so I won't take up anymore space with instructions here. PM me and I will contact you and help you set up this custom order set.

 

Best regards,

 

Tom

 

Are GTC orders available with the AT platform yet?

 

-fs

[Infinity_Tom 10]

Are GTC orders available with the AT platform yet?

 

-fs

 

Hi FS,

 

Thank you for your interest.

 

GTC orders are enabled for accounts in excess of $25,000 of equity.

 

Best regards,

 

Tom