Overall, Daniels Trading is notably regulated by the National Futures Association (NFA) and offers to trade on the DT Pro and Multichart platforms with competitive trading conditions. Daniels Trading requires a minimum deposit of 2000 USD and holds an overall trading score of 6/10.
Daniels Trading at a glance
| 🔍 Broker's Name | DANIELS TRADING |
| 📍 Headquartered | Chicago, United States |
| 📅 Year Founded | 1995 |
| ⚖️ Regulating Authorities | National Futures Association (NFA) and therefore subscribes to the code of practice outlined by the Commodities and Futures Trading Commission (CFTC) |
| 🌐 Countries not accepted for trade | Canada |
| ☪️ Islamic account (swap-free) | No |
| 📒 Demo Account | Yes |
| 🏛 Institutional Accounts | No |
| 💼 Managed Accounts | No |
| 📊 Maximum Leverage | Information not available |
| 💰 Minimum Deposit | $2 000 |
| ZAR | 32 000 ZAR |
| 💳 Deposit Options | Bank wire, checks, and transfers |
| 💳 Withdrawal Options | Bank wire, checks, and transfers |
| 💻 Platform Types | DT Pro and Multicharts |
| 📱 OS Compatibility | Web, Android, iOS |
| 📈 Tradable assets offered | Futures |
| 👨💼 Languages supported on Website | English |
| 👥 Customer Support Languages | English |
| 📆 Customer Service | 24 hours a day /7 days a week |
| ⭐ Open an account | 👉 Click Here |
Min Deposit
USD 2,000
Regulators
NFA
Trading Platform
DT Pro, Multicharts
Crypto
No
Total Pairs
0
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
A Quick Overview of our Daniels Trading Review – 23 Key Points
- ✅Daniels Trading at a glance
- ✅Who is Daniels Trading?
- ✅Daniels Trading Safety and Security
- Daniels Trading Pros and Cons
- Daniels Trading Leverage
- Daniels Trading Minimum Deposit
- Daniels Trading Account Types
- Daniels Trading Market Instruments
- Daniels Trading Fees, Spreads, and Commission
- Daniels Trading Deposit and Withdrawal
- Daniels Trading – Trading Platforms
- How to Open a Daniels Trading Account
- Daniels Trading Customer Support
- Daniels Trading Education
- Daniels Trading Research
- Daniels Trading Awards
- Daniels Trading vs BMFN vs BitMEX – A Comparison
- Daniels Trading Top Countries by Similar Web
- Daniels Trading Current Popularity Trends
- Daniels Trading Customer Reviews
- Conclusion
- Disclaimer
- Frequently Asked Questions
Who is Daniels Trading?
According to research in South Africa Daniels Trading is an independent American brokerage firm headquartered in the financial district of Chicago, Illinois. It was established in 1995 by Andy Daniels, Daniels Trading is now a division of StoneX Financial Inc and specializes in futures trading. Daniels Trading allows online trading for an international client base. Their website offers free up-to-date market analysis, limited risk options, a range of software options for trading, and system stability and reliability.
New traders can learn a lot about the basics of futures and commodities from this brokerage. It seems that DANIELS TRADING specializes in education, with a large portion of the site designed to educate new traders on how to understand trading jargon.
Daniels Trading strives to offer an industry-leading trading experience and platforms that allow you to trade with the comfort of knowing you have robust technology and support on your side. To meet the needs of all types of traders, a wide range of futures trading platforms are on offer. Daniels Trading offers a free demo to allow users to first trade without financial risk before beginning to trade online.
Daniels Trading Safety and Security
One of the best benchmarks to measure the safety of a broker like Daniels Trading is to establish which regulating authorities are watchdogs over its actions. Daniels Trading seems to be regulated by the National Futures Association (NFA) and therefore subscribes to the code of practice outlined by the Commodities and Futures Trading Commission (CFTC).
Daniels Trading Pros and Cons
| ✔️ Pros | ❌ Cons |
| Client funds kept in segregated accounts | Not properly regulated |
| Use of reputable clearing firms | Website lacks important information |
| Exceptional educational content | High minimum deposit |
Daniels Trading Leverage
Leverage is a facility that enables you to get a much larger exposure to the market you are trading than the amount you deposited to open the trade. Leveraged products, such as forex trading, magnify your potential profit – but also increase your potential loss.
The homepage of Daniels Trading gives no indication of leverage ratios, leverage options can be obtained upon inquiry.
Daniels Trading Minimum Deposit
The minimum deposit amount required to open a broker account with Daniels Trading is $2000. This is a high minimum deposit when compared to many other brokers in the industry.
| 💳 Daniels Trading Minimum Deposit | $2000 |
| ZAR | 34 000 ZAR |
| 📌 Open an account | 👉 Click Here |
|---|
Daniels Trading Account Types
Daniels Trading does suggest a minimum of $2 000 to open an account, although account size can vary and depends on what customers’ objectives are and the markets they plan to trade. Daniels Trading account types include:
| 🌐 Individual & Joint Account | 🌐 Business Account |
| 🌐 Trust Account | 🌐 Retirement Account |
| 📌 Open an account | 👉 Click Here |
|---|
Daniels Trading Demo Account
Daniels Trading offers traders a demo account on the DT Pro and Multichart platforms for a period of 14 – 30 days depending on the platform chosen.
| 🌐 Daniels Trading Demo Account | Risk - 🆓 |
| DT Pro & Multichart | |
| ⏱ 14 - 30 days availability | |
| 📌 Open an account | 👉 Click Here |
|---|
Daniels Trading Market Instruments
Daniels Trading offers futures and commodities, along with various other instruments for trading. Futures Trading and Investing Services include:
☑ Trade on Your Own – Maintain total control over your online commodities and futures trading selection and execution. With Self-Directed Online Futures Trading, you trade directly through an online futures trading platform.
☑ Work with a Broker – Choosing a broker you trust and are comfortable working with is key. Trust an experienced futures broker to execute your futures and options trades for you through Broker-Assisted Futures Trading.
☑ Create a Portfolio of Automated Strategies – Defer all commodity futures trading decisions and execution to a tested third-party computer-based futures trading strategy through Automated Trading Strategy Execution.
☑ Invest in Managed Futures – With Managed Futures, you defer your trading decisions to an experienced Commodity Trading Advisor (CTA).
Daniels Trading Fees, Spreads, and Commission
Cost depends on different factors, like spread and margins, and Daniels Trading clients may also experience different fee structures according to their country or place of residence. Daniels Trading charges higher commission rates than discount brokers and claims it is because they believe they provide a higher standard of service and support to clients. They charge fees for withdrawals too, as follows:
▶ Check requests – Free
▶ Overnight check requests – $15
▶ Domestic wire transfers – $25
▶ Foreign wire transfers – $30
Daniels Trading charges a monthly inactivity fee to customer accounts that have not traded or held positions in the prior three months, which may be in addition to an inactivity fee charged by the Futures Commission Merchant that carries that account.
Min Deposit
USD 2,000
Regulators
NFA
Trading Platform
DT Pro, Multicharts
Crypto
No
Total Pairs
0
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
Daniels Trading Deposit and Withdrawal
Daniels Trading account usually requires a certain minimum initial deposit, which can be paid in several ways. Withdrawals can usually be done in the same ways, but sometimes differ. In the case of Daniels Trading, a minimum deposit of $2 000 is suggested to open an account, although an account size can vary according to customers’ objectives and the markets they plan to trade.
| $2000 Minimum Deposit |
Most accounts can be registered within 24 hours on business days once all account documents are received. Acceptable methods to fund an account include bank wire, checks, and transfers, but not money orders. Withdrawal and Deposit methods include:
💳 Check requests
💳 Overnight check requests
💳 Domestic wire transfers
💳 Foreign wire transfers
Daniels Trading – Trading Platforms
Daniels Trading provides a range of futures trading platforms, including the DT Pro, as an easy-to-use application that handles the complexities associated with trading and order management, and MultiCharts as a trading software platform for professionals.
Clients have free unlimited access to the software with an open account and will also receive a permanent demo account if they maintain the $2 000 minimum requirement.
How to Open a Daniels Trading Account
Similarly to a bank, to register a trading account with DANIELS TRADING for the first time, you will be required to go through a basic “know your customer” process, which will allow DANIELS TRADING to ascertain that your submitted details and ensure the safety of your funds and account details.
Daniels Trading Customer Support
Potential traders need to make sure the broker company they chose will offer sufficient support whenever they need it. In the case of Daniels Trading customers can reach the support team via phone or email.
Daniels Trading Education
Before starting to trade, potential clients of DANIELS TRADING should avail themselves of all possible information and trading skills needed to be successful in the world of forex and commodity trading. New traders can learn a lot about the basics of trading, with a large portion of the website designed to educate new traders about exactly what forex is and teach them how to understand trading jargon.
The site gives a comprehensive history of the futures trading market which follows the path of the instrument since only been traded by financial experts and the extremely wealthy until it can now be traded by anyone. The site explains the meaning of terms in future trade, for users to understand the charts and information to help guide trading decisions. DANIELS TRADING also offers webinars.
Daniels Trading Research
To be able to trade with confidence, traders should do as much as possible research on trading options. DANIELS TRADING gives access to a variety of trading advice options, including expert advice from professional brokers and third-party trading educators. Regardless of the markets a client trade or the strategies a person uses, the broker claim to have resources that can complement trading ideas.
Daniels Trading Awards
Being an awarded company instills extra confidence in traders. Although DANIELS TRADING is acclaimed by customers, there is no indication of awards won on its homepage.
Daniels Trading vs BMFN vs BitMEX - A Comparison
| 🥇 Daniels Trading | 🥇 BMFN | 🥇 BitMEX | |
| 💳 Minimum Deposit | $2000 | $50 | 0.001 BTC |
| 🎉 Affiliate Programs | ❌ | ☑ | ☑ |
| 💻 MetaTrader4 | ❌ | ☑ | ❌ |
| ☪️️ Swap Free | ❌ | ❌ | ❌ |
| 📌 Open an account | 👉 Click Here | 👉 Click Here | 👉 Click Here |
Daniels Trading Top Countries by Similar Web
| Top Countries | % Percentage |
| 🌍 United States | 38.85% |
| 🌍 Canada | 25.36% |
| 🌍 Sweden | 5.26% |
| 🌍 United Kingdom | 3.90% |
| 🌍 India | 3.37% |
| 🌍 Others | 23.26% |
Daniels Trading Current Popularity Trends
According to Google Trends, here is an overview of how frequently the search term – “Daniels Trading” is entered into Google’s search engine over a given period of time.
Daniels Trading Customer Reviews
excellent customer service
excellent customer service, hold times on phone, getting folks on the phone, market knowledge of staff actually doing the markets themselves familiarity with what traders’ goals are versus investment advisors unfamiliar with trading, trading – Trev
Friendly top-notch service combined…
Friendly top-notch service combined with the iBroker App – ⭐⭐⭐⭐⭐ – Brian
Daniels Trading Review
I think Daniels Trading is worthy of establishing a brokerage account with primarily due to the day margins for its indices and other instruments. However, the desktop platform is average at best. It has a lot of blank spaces. However, the mobile application seems to establish their efforts in getting a better platform experience.
The customer service responses were both timely and helpful – Joy
Conclusion
DANIELS TRADING is an independent American brokerage firm headquartered in Chicago, Illinois, and specializing in futures and forex trading.
DANIELS TRADING website offers free up-to-date market analysis, a range of software options for trading, system stability, and reliability.
DANIELS TRADING specializes in education, with a large portion of the website educating new traders about exactly what forex is and teaching them how to understand trading jargon.
DANIELS TRADING holds account balances of clients in segregated funds but there is no clear indication whether DANIELS TRADING is also regulated by a reputable finance authority.
Min Deposit
USD 2,000
Regulators
NFA
Trading Platform
DT Pro, Multicharts
Crypto
No
Total Pairs
0
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
Disclaimer
DANIELS TRADING warns potential customers that Forex and CFDs trading always carries a high risk and may not be suitable for all investors.
Before deciding to trade with DANIELS TRADING, potential traders are advised to carefully consider their investment objectives, financial situation, needs, and level of experience before investing money they cannot afford to lose.
DANIELS TRADING warns that margin trading involves the potential for profit as well as the risk of loss and that movements in the price of foreign exchange and commodities are very unpredictable, hence DANIELS TRADING cannot guarantee a maximum loss that a trader may suffer, according to research in South Africa
Frequently Asked Questions
Is Daniels Trading a fake or scam?
Our Review of Daniels Trading reveals that this broker is regulated by the NFA (National Futures Association) and is built on a culture of trust.
What instruments can I trade with Daniels Trading?
Trading instruments incl: indices, commodities, energies and metals, futures and options.
Is Daniels Trading a recommended forex trading broker for experts and beginners?
Daniels Trading offers a fair trading environment for all types of traders.
What are the account types you can open with Daniels Trading?
You can open a RJ O’Brien Account or a Gain Capital account
Does Daniels Trading offer good customer support?
Yes, support to clients is provided by telephone, email, online contact form, live chat and social media.
Top 4 Brokers
