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Farr Financial Review
Farr Financial was a Chicago futures broker that closed its independent operation in 2019. Its accounts and the FarrDirect platform now run under Ironbeam, Inc.
Min Deposit
N/A
Spreads From
Not applicable, the brand no longer operates independently
Max Leverage
Not applicable, the brand no longer operates independently
Platforms
FarrDirect (legacy, now an Ironbeam dba), Firetip
Pros
- Operated as an independent Chicago futures brokerage for more than two decades
- Held NFA registration under ID 0265977 during its years as a standalone firm
- Gave clients direct electronic order routing to US futures exchanges via FarrDirect
- Its accounts and staff moved to Ironbeam, a firm with its own current NFA and CFTC registration
Cons
- Farr Financial no longer operates as an independent NFA registered brokerage
- NFA's public register now lists the firm as Not an NFA Member
- The farrfinancial.com domain is only a parked GoDaddy page today
- New traders cannot open a Farr Financial account, only an Ironbeam one
Farr Financial Inc was a Chicago based futures and commodity brokerage. The National Futures Association lists the firm under ID 0265977, with roots going back to 1995 and past trading names including Farr Direct, Go Futures, and CommodityPage.com.
Farr Financial and its account representatives joined Ironbeam, Inc at the close of business on August 31, 2019. Its own FarrDirect trading site now states plainly that FarrDirect is a dba of Ironbeam, and the NFA public register lists Farr Financial Inc as Not an NFA Member today.
There is no way to open a new Farr Financial account. The farrfinancial.com domain is now just a parked GoDaddy page. Anyone looking for this kind of futures brokerage should look at Ironbeam directly, since it holds its own current NFA and CFTC registration and CME clearing membership.
Max Leverage
Not applicable, the brand no longer operates independently
Spreads From
Not applicable, the brand no longer operates independently
Platforms
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
Regulators
- NFA (USA)
- CFTC (USA)
