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EdgeClear Review
EdgeClear is a Chicago based futures introducing broker founded in 2019. It only offers futures and options on futures, not stocks, spot forex, or CFDs.
Min Deposit
$500
Spreads From
Not a spread based broker, cost is per contract commission, advertised from about $0.10
Max Leverage
Set by exchange margin rules for each futures contract, not one fixed retail ratio
Platforms
EdgePro, EdgeWatch (analytics)
Pros
- Every account gets a dedicated, named personal broker for support
- Regulated by the CFTC and a member of the National Futures Association
- Built its own EdgePro platform and a free EdgeWatch analytics tool
- Commissions advertised from around 0.10 dollars per futures contract
Cons
- Only an introducing broker, it does not hold client funds itself
- US Trustpilot score sits low, near 2.6 out of 5 from recent reviews
- A reviewer describes an unauthorized currency conversion and dispute
- No stocks, spot forex, or CFDs, futures and options only
EdgeClear is a futures introducing broker founded in 2019 by Morad Askar, known online as FuturesTrader71, based in Chicago, Illinois. It belongs to the National Futures Association and is regulated by the CFTC, though as an introducing broker it clears trades through a separate FCM rather than holding funds itself.
The firm only trades futures and options, including small crypto futures like Micro Bitcoin and Micro Ether, with no stocks, spot forex, or CFDs. Every account gets a named personal broker, a real point of difference from larger discount firms. It built its own EdgePro platform and a free EdgeWatch analytics tool, with commissions advertised from about 0.10 dollars per contract.
Reviews are mixed. Its US Trustpilot page sits around 2.6 out of 5 from over 20 reviews, while its Canadian page shows near 4 out of 5. One reviewer describes an unauthorized currency conversion and a disputed settlement, worth weighing against many positive comments about its broker service.
Min. Deposit
USD 500
Max Leverage
Set by exchange margin rules for each futures contract, not one fixed retail ratio
Spreads From
Not a spread based broker, cost is per contract commission, advertised from about $0.10
Platforms
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
