This profile is currently being reviewed by the BestForex.io editorial team. Some information may be incomplete or subject to change.
Striker Securities Review
Striker Securities is a small Illinois introducing broker that connects futures traders to third party automated trading systems, not an in house trading platform.
Min Deposit
N/A
Spreads From
Not published, Striker is a futures introducing broker, not a forex or CFD broker
Max Leverage
Not published, margin terms depend on the futures clearing firm used
Platforms
N/A
Pros
- Registered with the CFTC and a member of the NFA for futures brokerage
- Over 30 years in business, formed back in 1991 in Illinois
- No FINRA disclosure events on record for the firm under its old CRD number
- Publishes ongoing results for its listed systems through the Striker Report
Cons
- Gave up its FINRA securities registration in 2010, now a futures only business
- Does not build its own systems, so results depend entirely on outside vendors
- System performance track records are a known industry risk, past results can mislead
- Not BBB accredited and carries no BBB rating as of this review
Striker Securities was formed in Illinois in 1991 and is based in Elmhurst, near Chicago. It began with research for Japanese commodity firms, then moved into auto trade execution in 1998. It gave up its FINRA securities registration in 2010 and now operates only as a futures introducing broker.
Striker does not build its own trading systems. It reviews and lists third party futures and forex systems from outside developers, tracks results in the Striker Report, and executes trades through a separate clearing futures commission merchant. Striker is registered with the CFTC and is an NFA member.
Buying access to a system through a broker like Striker carries a risk common across this industry, published track records often rely on past or simulated results that do not repeat in live trading. Striker itself has no FINRA disclosure events on record, but it is a small broker, so treat any system's past performance with real caution.
Max Leverage
Not published, margin terms depend on the futures clearing firm used
Spreads From
Not published, Striker is a futures introducing broker, not a forex or CFD broker
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)
