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Insignia Futures Review
Insignia Futures and Options is a Schaumburg, Illinois introducing broker that connects traders to CME and other US futures and options markets.
Min Deposit
$500
Spreads From
No dealer spread model, traders pay the exchange price plus a per contract commission
Max Leverage
Set by exchange margin rules per contract, not a fixed leverage ratio
Platforms
InsigniaTrader, TradingView
Pros
- Registered with the CFTC and NFA as an introducing broker since 2001
- Minimum deposit is only 500 dollars to open a live trading account
- Free access to its own InsigniaTrader platform plus TradingView and Sierra Chart
- Direct order routing to CME, CBOT, NYMEX, and COMEX futures exchanges
- No inactivity fee and no minimum balance requirement on standard accounts
- A+ rating with the Better Business Bureau and no serious complaint record
Cons
- Does not offer spot forex or CFD trading, only exchange listed futures
- No published fixed commission list, traders must request a custom quote
- ACH transfers only work from US banks, a limit for overseas clients
- Small, privately owned firm with very few independent public reviews
Insignia Futures and Options is a commodity futures brokerage in Schaumburg, Illinois. Joe Fallico founded it in 2001 and still leads it. It is CFTC registered and an NFA member under ID 0358056, working as an introducing broker guaranteed by Ironbeam Inc.
It lists only exchange traded futures and options, not spot forex or CFDs. Clients trade the E mini S&P 500, gold, crude oil, and Treasury bonds on CME, CBOT, NYMEX, and COMEX. Minimum deposit is 500 dollars. Rates are quoted by account type and volume. Its InsigniaTrader platform is free, plus TradingView, Sierra Chart, Rithmic, and CQG.
Insignia says it has served clients outside the US since 2001, though ACH transfers only work from US banks, so overseas clients must fund by wire or check. It is not BBB accredited but holds an A+ rating with no serious complaints filed. Reviews are thin since it is a small, privately owned firm. New clients can get their first 20 futures trades commission free after a qualifying deposit.
Min. Deposit
USD 500
Max Leverage
Set by exchange margin rules per contract, not a fixed leverage ratio
Spreads From
No dealer spread model, traders pay the exchange price plus a per contract commission
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)
