I love that you can modify the trades on the screen and use the easy controls along with the trailing stop. Super easy to navigate and that has made all the difference for me. Thank you for having that functionality. It gives me a lot more confidence in my trading.
It's okay, the statements are terrible, like an accountant designed them, they could be easier to tally your W/L ratio, etc. Also the Tradingview trading panel only aggregates totals, it should be more like TV's paper trading account summary to follow each trade and be able to include commissions and fees in the running cost totals, etc. Also the trading panel login doesn't remember my log in details. My broker advised me to switch to a 3rd party order entry platform. Also, logged in online no way to see an up to the minute accounting, have to wait until after EOD to download a statement. My Schwab or ToS platforms don't do that.
The most stupid trading platform I had ever used for Futures. A lot of slippages and extremely high commission rates + other miscellaneous rate. Extremely long account opening process and stupid fund transfer, the agent requested for bank account statement for a transfer from my Tradier stock account to Futures account. Stay away from them! I am going to close this account! A complete waste of time and money!
Doesn't allow trading via the TradingView app
Too expensive
I think Dorman Trading is great. I am able to connect easily and they are always available to answer my questions. They are very professional and that is why I think they are great.
great
Great support.
I hate these persistent rating requests in TradingView
Very good broker, live it.
Good connection
Terms and fees
Tradable assets
Futures
Deposit fee
No
Withdrawal fee
No
Inactivity fee
No
About Dorman Trading
Regulators
Website
Phone
+1-800-552-7007
Address
141 W. Jackson Blvd., Suite 1900, Chicago, IL 60604, USA
Dorman Trading is one of the oldest, family-operated Futures Commission Merchants in the world. With decades of experience spanning three generations, Dorman Trading provides the trading community with exceptional service and support. From high-frequency algo traders to CTAs and fund managers, institutional and self-directed individual traders.
Tools and features
Order types
Order features
Position features
Brackets
Other
Frequently Asked Questions
Dorman Trading allows to trade futures.
Dorman Trading is regulated by CFTC (Commodity Futures Trading Commission)
No, Dorman Trading doesn't provide a demo account.
Yes, Dorman Trading offers Level 2 data to its clients.
Level 2 is a subscription-based service that offers real-time access to the exchange’s order book. It gives traders and investors a detailed view of market depth and momentum, helping them make more informed and strategic trading decisions.
Level 2 is a subscription-based service that offers real-time access to the exchange’s order book. It gives traders and investors a detailed view of market depth and momentum, helping them make more informed and strategic trading decisions.
No, there's no fee if there's no activity on your account.
Brokers impose inactivity fees to cover maintenance costs, comply with regulations, and encourage active trading. These fees help offset expenses for managing inactive accounts and prevent account abandonment.
Brokers impose inactivity fees to cover maintenance costs, comply with regulations, and encourage active trading. These fees help offset expenses for managing inactive accounts and prevent account abandonment.
Brokers provide access to financial markets and execute trades. They act as intermediaries between traders and exchanges, providing the necessary infrastructure and tools to place buy and sell orders. They offer services such as order execution, market access, research, analysis, and customer support. Additionally, brokers facilitate the use of leverage, margin trading, and help ensure regulatory compliance, providing traders with a secure environment to trade effectively. Without brokers, individual traders would struggle to access markets and execute trades efficiently.
Leverage is a mechanism that allows traders to open larger positions with a smaller amount of capital. It basically means borrowing funds from a broker, often multiplying your position size by 5x, 10x, or more. For example, with 5x leverage, a $100 deposit could open a $500 trade with your broker lending you $400 you don't have. It's a popular technique, but remember that while leverage increases potential profits, it also magnifies losses, which is why it's essential to learn how to manage risks.
It's always worth preparing for trades before actually executing them. On TradingView, you can do this with our Paper Trading functionality.
It's always worth preparing for trades before actually executing them. On TradingView, you can do this with our Paper Trading functionality.
No, Dorman Trading doesn't impose any withdrawal fees on its clients.
No, Dorman Trading doesn't have any deposit fee.
Dorman Trading allows the following order types:
- Limit orders
- Stop limit orders
- Trailing stop
- Stop orders
- Market orders
- Limit orders
- Stop limit orders
- Trailing stop
- Stop orders
- Market orders
A broker's rating on TradingView is based on its clients' reviews. We ensure broker ratings reflect real user experiences by allowing reviews only from verified TradingView users with active linked accounts. Recent ratings carry more weight, providing up-to-date insights for informed decisions. This approach promotes transparency and prevents manipulation. Make sure to rate your broker to help it improve its service and assits other users in their choice.
Yes, you can place bracket orders with Dorman Trading.
An order is an instruction for a broker to execute a trade - buy or sell an asset on behalf of a trader. Depending on your strategy, risk tolerance, and market condition, different kinds of orders can be more or less effective, let's see the basic ones.
- Market order. It's a basic type designed to buy or sell an asset immediately at the next price available
- Limit order. Specifies the maximum (for buying) or minimum (for selling) price at which a trader is willing to execute a trade. It's only executed if the price reaches the preset level. There are buy and sell limit orders - they're set to buy/sell an asset at or below/above a certain price
- Stop order. Triggered when an asset moves above or below a certain price level, always executed in the direction that the price is moving. There are stop-loss orders (automatically closes a position at a certain level if the market moves against you) and (initiates a trade when the price breaks a certain level)
- Market order. It's a basic type designed to buy or sell an asset immediately at the next price available
- Limit order. Specifies the maximum (for buying) or minimum (for selling) price at which a trader is willing to execute a trade. It's only executed if the price reaches the preset level. There are buy and sell limit orders - they're set to buy/sell an asset at or below/above a certain price
- Stop order. Triggered when an asset moves above or below a certain price level, always executed in the direction that the price is moving. There are stop-loss orders (automatically closes a position at a certain level if the market moves against you) and (initiates a trade when the price breaks a certain level)
Successful trading requires thorough preparation, ensuring every decision is well-informed and carefully considered. To develop a winning strategy, follow these key steps:
- Find the right asset using our screeners and heatmaps. Explore the stock market with the Stock Screener, track cryptocurrencies on the Crypto Coins Heatmap, and more tools to fin in the main menu
- Analyze price movements on our Supercharts. Utilize multiple drawing tools, built-in indicators, and advanced features to gain deeper market insights
- Stay on top of market changes with the Economic Calendar and the latest news, helping you quickly adapt to shifting conditions
- Test your strategy in a risk-free environment with a Paper Trading account to see how it performs before committing real capital
- Choose a broker and start your trading journey with confidence once you have a clear strategy in place
- Find the right asset using our screeners and heatmaps. Explore the stock market with the Stock Screener, track cryptocurrencies on the Crypto Coins Heatmap, and more tools to fin in the main menu
- Analyze price movements on our Supercharts. Utilize multiple drawing tools, built-in indicators, and advanced features to gain deeper market insights
- Stay on top of market changes with the Economic Calendar and the latest news, helping you quickly adapt to shifting conditions
- Test your strategy in a risk-free environment with a Paper Trading account to see how it performs before committing real capital
- Choose a broker and start your trading journey with confidence once you have a clear strategy in place
Margin trading means an investor buying an asset by borrowing the balance from a broker. It allows traders to increase their buying power, enabling larger positions with less upfront capital. While it can provide greater market exposure with less capital and amplify potential gains, it also comes with increased risks:
- Increased risk of losses, including exceeding initial investment
- Interest costs on borrowed funds
- Potential for margin calls requiring additional deposits
Make sure to analyze an asset thoroughly and test your strategy on a Paper Trading account to ensure you're ready to navigate these risks.
- Increased risk of losses, including exceeding initial investment
- Interest costs on borrowed funds
- Potential for margin calls requiring additional deposits
Make sure to analyze an asset thoroughly and test your strategy on a Paper Trading account to ensure you're ready to navigate these risks.
Commissions in trading are fees that brokers charge for executing trades on behalf of traders. These costs help brokers maintain their platforms, provide essential services, and ensure smooth access to financial markets.
Understanding commission structures is essential for traders, as fees can impact overall profitability. Choosing a broker with competitive rates and transparent pricing ensures cost-effective trading.
Understanding commission structures is essential for traders, as fees can impact overall profitability. Choosing a broker with competitive rates and transparent pricing ensures cost-effective trading.