Which Futures Clearing Merchant (FCM) Does MetroTrade Use?
MetroTrade works with a regulated Futures Clearing Merchant (FCM) to clear trades and hold customer funds.
MetroTrade's Clearing Partners
MetroTrade maintains agreements with multiple regulated Futures Clearing Merchants. Below are the FCMs with which we currently have an agreement:
- Dorman Trading
- StoneX
- Phillip Capital
- Plus500
MetroTrade's clearing partners are responsible for:
- Holding customer funds
- Clearing and settling trades
- Managing margin requirements
- Processing transactions through the exchange
Your account documentation will identify the clearing firm associated with your account.
Regulatory Oversight
MetroTrade's clearing partners are registered with and regulated by:
- National Futures Association (NFA)
- U.S. Commodity Futures Trading Commission (CFTC)
You can verify the registration status of any clearing firm through NFA BASIC.