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Lakefront Futures Review
Lakefront Futures and Options is a Chicago based introducing broker for exchange traded commodity futures and options, registered with the NFA since 1997.
Min Deposit
N/A
Spreads From
Not applicable, commission based per contract
Max Leverage
Set by CME Group exchange margin requirements
Platforms
Exchange Direct, CQG
Pros
- No minimum account size, your broker suggests one for your market
- NFA member and CFTC registered introducing broker since 1997
- Zero NFA, CFTC, or exchange disciplinary actions on its own record
- Clears trades through several established FCMs such as R.J. O'Brien
- Offers ten or more trading platforms including its own Exchange Direct
Cons
- Only covers futures and options, no retail spot forex or CFD trading
- Does not publish commission or fee numbers on its own website
- Named as a respondent in two CFTC reparations complaints from clients
- No branded mobile app, mobile access depends on partner FCM platforms
Lakefront Futures and Options started in Chicago in 1997 as a small introducing brokerage clearing trades through Iowa Grain Company. Jonathan Marcus and Nick Leblebijian grew it into an independent firm that now clears through several futures commission merchants, including R.J. O'Brien.
The firm only handles exchange traded futures and options on futures, plus managed futures through outside trading advisors. There is no retail spot forex or CFD product, and no fixed minimum account size. Clients trade through its own Exchange Direct platform or outside systems like CQG.
NFA records show Lakefront as an approved member and CFTC registered introducing broker since 1997, with no NFA, CFTC, or exchange action against the firm. Two CFTC reparations complaints from clients are on file. The one with a public ruling was dismissed in 2020, clearing Lakefront of fault.
Max Leverage
Set by CME Group exchange margin requirements
Spreads From
Not applicable, commission based per contract
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)
