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New World Trading

Note: The following information has not been updated by the vendor since 01/12/09.

Address:150 S. Wacker Dr. Suite 775
Chicago, IL 60606
Phone # for sales: 800 421 6120
Additional Phone #: 312 384 4768
Website: www.newworldpro.com
Click link to request additional product information.
E-mail address: info@newworldpro.com

CATEGORY: BROKERAGES

General Information | Account Information | Features | Additional Comments

General Information TOP

Brokerage name: New World Trading
Minimum account size: $1000-$2000
Base commission rates: Price varies with trading activity
Brief explanation of margin rates, if applicable: 

Exchange minimums.
This brokerage has been in business for: 5-10 years
Primary type of broker: Instant order execution-Futures
Brief description of services offered: 

24 Hour Market Access. Competitive Rates. Daily Market News & Commentary. Trade Recommendations. Real-Time Account Information. Free Industry Newsletters and Research. Live Events. Education. Forex Trading Through Affiliate.

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: N/A
Types of quotes offered to customers: 
  • Delayed Data
  • Real-Time
Execution methods offered: 
  • Electronic direct access trading(SOES, SNET and the ISLD ECN)
  • Online Broker(trade desk)
  • 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
  • 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: Depends on type of account

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
  • Allow naked option writing
Ways customers can access their trading account: 
  • Internet
  • Telephone
  • Broker
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: 

State-of-the-Art Trading Platforms. Pro Trader Trading Platform 2 Week Free Demo.
This broker's service is better than the competition in these areas: 

Experienced 20 years+. Professional Client Services.
Types of security precautions taken for customers: 

Software Defaults. Spam Margining. Daily Monitoring of Client Accounts.
Communications during systems failures has been assured through: 

Telephone. E-mail. Instant Messenger.
The major plans for upgrading the current level of trading service are as follows: 

Wireless Real-Time Quotes and Trading

General Information | Account Information | Features | Additional Comments

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