Wikilix
dorman trading logo

dorman trading

Regulated
United States
,
Since 2000
Last Updated:
54/100
Overall Score

Trading Conditions

Min Deposit:
N/A
Max Leverage:
N/A
Account Types
CorporateTrust

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

4 methods

Bank Wire Transfer

bank transfer
1 days
Fee:
Free
Fee:
Free

Check Deposit

other
days
Fee:
Free
Fee:
Free

Internal Funds Transfer

other
Instant
Fee:
Free
Fee:
Free

External Funds Transfer

other
days
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 62%, 2: License 84%, 3: Software 50%, 4: Spread 0%, 5: Account Type 17%, 6: Symbol 0%
Regulation
62%Fair
License
84%Excellent
Software
50%Fair
Spread
0%Poor
Account Type
17%Poor
Symbol
0%Poor

Company Information

Full Name:Dorman Trading, LLC
Founded:2000
Headquarters:United States
Enterprise Offices:N/A

Customer Support

Phone:
+1 800-552-7007
Live Chat:
business_hours
Response Time:
Languages:
English
Scroll Down

Broker Summary

Summary of the broker

Dorman Trading Broker Review

Dorman Trading, LLC (also known as Dorman Trading) is a US-based Futures Commission Merchant (FCM) and full-service brokerage house with a tradition since 1956. Originally established for the purpose of catering to floor traders at the Chicago Board of Trade, the organization has grown over the years and now services a wide variety of traders as a clearing and execution services firm for professionals, institutions, Introducing Brokers (IBs), and self-directed traders. Its main office is located in Chicago, in the state of Illinois.

jmenovduringSgeException

Dorman Trading is a registered entity with the Commodity Futures Trading Commission in the United States and is a member of the National Futures Association. This is a self-regulatory organization for the futures market in the United States. The company is a Future Commission Merchant and a clearing member. This makes it come under regulation by the laws governing derivatives.

Trading of Services and Instruments

The company is an expert in futures as well as futures option markets on prominent commodities as well as financial exchanges worldwide. Dorman Trading is a professional services provider for clearing orders, order execution, managed futures offerings, as well as comprehensive brokerage services. The services include access to CME Group (CME, CBOT, NYMEX, COMEX) and ICE-US.

Account Types

================================================

Dorman Trading provides diversified account options based on the type of trader:

Individual Futures Accounts for Self-Directed Traders

Institutional Accounts for funds and professional entities

Introducing Broker (IB) Accounts with tailored assistance and technology access

Corporate or Managed Accounts for specialized trading and investment strategies

Trading Platforms and Technology

The clients can trade using a variety of electronic trading platforms catering to futures market access, which include:

Dorman Direct - The Company’s Proprietary Platform

CQG Desktop and CQG Integrated Client CQ

ATAS Trading Platforms

Bar chart Trader

iBroker and other third-party systems

The broker also provides direct market access, CME Data Center hosting, as well as tools for high-frequency trading.

Important Features

Historical Roots: Sixty years of knowledge from futures markets based out of the Chicago market environment.

Regulated FCM: It is registered with the CFTC and NFA, offering futures market clearing and execution services.

Broader Platform Support: Supports more than 30 trading platforms and allows traders to execute trading activities according to their workflow.

Ongoing Support for IBs: Support programs and tools designed exclusively for IBs and their clients.

Institutional and Professional Focus: Covers CTAs, managed funds, algorithmic traders, and high-frequency traders.

Risk Disclosures and Considerations

Futures trading involves significant risk and is not suitable for all investors. While Dorman Trading operates under U.S. regulation as an FCM, prospective clients should understand the inherent risks of leveraged derivatives and consider their financial situation and objectives carefully. Segregation of client funds and compliance practices aim to protect customers; however, past reviews and third-party broker directories sometimes show regulatory status listed as unverified, so thorough due diligence is recommended.

Regulatory Licenses

Compliance & oversight

1 license
United States
NFATier 1
United States#0264358
License Details
Type:Dealing in futures contracts
License #:0264358
Status:Regulated
Validity
Effective:N/A
Expires:N/A
1
Tier 1
1
Countries
0
Offshore

Account Types

Trading account options

2 types
Corporate
Corporate
Leverage 1:1 • Commission Not specified
Leverage1:1
CommissionNot specified
Trust
Invest
Leverage 1:1 • Commission Not specified
Leverage1:1
CommissionNot specified
2
Total Types
2
Categories
ECN Available

Funding Methods

Deposit & withdrawal options

4 methods
Bank Wire Transfer
Bank Transfer1 min
Deposit
Fee:Free
Min:USD 3,000
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Available for clients in regions where Dorman Trading operates; withdrawal fee varies; originator name must match account holder.
Check Deposit
Otherdays
Deposit
Fee:Free
Min:USD 3,000
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Checks must be payable to Dorman Trading, LLC; accepted from U.S. banks only.
Internal Funds Transfer
OtherInstant
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Transfers must be between accounts within the Dorman Trading network.
External Funds Transfer
Otherdays
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Transfers must be from an investment or brokerage account of another firm; limited to accounts within the Dorman Trading network.
4
Free Deposit
4
Instant
0
Crypto

Trading Platforms

Professional trading tools

1 Available
TradingView

TradingView

by TradingView Inc. • 2011

Windows
Mac
Web
Android
+2
Rating
4.5
Status
Available
Type
Integrated
Platforms
+
Trading Software
Visit

Live Spreads & Trading Costs

Compare real-time spreads on major currency pairs

Spreads are the core trading cost with dorman trading: the difference between the bid and ask price you pay on every trade. Tight, stable spreads on major pairs like EUR/USD, GBP/USD and USD/JPY mean lower costs for scalpers, day traders and long-term investors alike.

  • Live spread table for six major currency pairs, refreshed every few seconds
  • Excellent / competitive / high ratings so you can benchmark dorman trading at a glance
  • Bid, ask and pip-change data to estimate your real cost per trade
View live spreads for dorman trading

Spread data is indicative and for comparison purposes only

Global Domains

Worldwide web presence

0 sites

No Website Information

Website domains not available for this broker yet.

Social Presence

Digital community engagement

1 platform

Comments

Share your thoughts and experiences with dorman trading