Find a Broker

The following brokerage firms are involved with the Minneapolis Grain Exchange as either a marketing partner, FCM or clearing firm. They have expressed an interest in executing trades for clients.

Definitions

Clearing Member: A member of an exchange clearinghouse responsible for the financial commitments of its customers. All trades of a non-clearing members must be registered and eventually settled through a clearing member. The Minneapolis Grain Exchange has compiled a full list of clearing members at the Exchange.

Futures Commission Merchant (FCM): An individual or organization that solicits or accepts order to buy or sell futures contracts or commodity options and accepts money or other assets from customers in connecton with such orders. An FCM must be registered with the CFTC. The Minneapolis Grain Exchange has compiled a full list of futures commission merchants (FCMS) to meet your needs.

Marketing Partner: An individual or organization that works jointly with the MGEX to provide education and market information.

Tips for Picking a Broker

An individual looking to conduct business with a broker or brokerage firm should thoroughly research potential players before making an investment decision. All potential firms should be registered with the National Futures Association, which oversees more than 4,000 firms and 5,000 associates. For general information concerning business with brokerage firms or to check their registration status, visit the National Futures Association webpage.

Below is a list of MGEX Marketing Partners, FCM's and Clearing Members interested in helping you trade on the Exchange.

Alaron Trading Co.

Alaron is a global, full-service financial firm providing both electronic and pit-based futures trading, investment banking, and asset management services to institutions and retail clients on five continents. Their goal as a Futures Commission Merchant is to provide investors the type of integrated global trading systems and analysis techniques used by professional traders worldwide.

www.alaron.com/home.htm

*Futures Commission Merchant

*Commodity Trading Advisor

*Clearing Member

*Marketing Partner

(800) 275-8844

Allendale, Inc.

Allendale is one of the largest commodity research advisory firms in the United States and one of the few remaining brokerage firms that develops its own economic research. At their headquarters in McHenry, Illinois, analysts continually research commodities and agricultural economic developments in order to provide the worldwide data needed to inform and guide their customer accounts.

www.allendale-inc.com

*Introducing Broker

*Marketing Partner

(800) 551-4626

Bower Trading, Inc.

Bower Trading is a full service commodities futures and opions brokerage firm specializing in trading the global agricultural markets with an emphasis on meeting each client's unique needs and requirements.

www.bowertrading.com

*Introducing Broker

*Commodity Trading Advisor

*Commodity Pool Operator

(800) 533-8045

Country Hedging, Inc.

Country Hedging, Inc. is a full-service risk management consultant and commodities broker providing customized marketing strategies and educational services to farmers, ranchers and commercial agribusinesses through 60 branch offices across the Eastern Corn Belt, Midwest and Pacific Northwest.

www.countryhedging.com

*Futures Commission Merchant

*Clearing Member

*Marketing Partner

(651) 355-6500 

FC Stone, LLC

FCStone is a broad-based commodity risk management and trading company.  They currently have 13 offices in the U.S., plus four international locations.  Their unique approach allows them to assist companies in understanding the complexities of the commodity market based on industry and company needs, and then execute highly effective market strategies that give companies an advantage in a competitive market.

www.fcstone.com

*Futures Commision Merchant

*Clearing Member

(612) 332-6473

J.P. Morgan Futures, Inc.

JPMorgan is one of the largest and most dynamic futures and options global brokerage businesses offering commodity, equity, fixed income and foreign exchange related products.  In addition to the MGEX, they offer access to over 70 global exchanges for clearing and 40 for electronic execution.

www.jpmorgan.com/futures

*Futures Commission Merchant

*Clearing Member

(312) 325-6251

Midwest Market Solutions

Midwest Market Solutions is a full service commodity brokerage office, specializing in personalized marketing programs and risk management.

www.midwestmarketsolutions.com

*Introducing Broker

*Marketing Partner

(866) 203-9655

Moneyheffer

Commodities

Moneyheffer Commodities

Moneheffer Commodities is a full service commodity brokerage equipped with the latest in electronic technology to better handle the trading needs of both the beginning investor and the seasoned trader.

www.moneyheffercommodities.com

*Introducing Broker

*Marketing Partner

(866) 462-5144

Northland Commodities

Northland Commodities is an Introducing Broker for RCG. They offer full service brokerage to farmers, grain elevators and ag businesses. They also publish the KluisNews newsletter - a weekly newsletter with the latest fundamental news and technical analysis designed to help farmers develop and execute a marketing plan.

www.kluisnews.com

*Introducing Broker

*Commodity Trading Advisor

*Marketing Partner

(888) 345-2676

Penson GHCO

Penson GHCO, a registered futures commission merchant (FCM) offers comprehensive clearing and back office services for globally exchange traded derivatives. Dedication to providing flexible technology-based trading and processing solutions to the investment industry has earned them an international reputation for extraordinary customer service and total commitment to client success.

www.pensonghco.com

*Futures Commission Merchant

*Clearing Member

*Marketing Partner

(612) 332-6473 

Zaner Group, LLC.

For the past 27 years, Zaner has been helping futures traders trade faster, smarter and easier. They offer both online self-directed trading services (with a choice of 12 online trading platforms) and full service futures brokerage for those seeking a traditional broker-client relationship.

www.zaner.com

*Introducing Broker

*Commodity Trading Advisor

*Commodity Pool Operator

*Marketing Partner

(800) 621-1414

Definitions

*An Introducing Broker is a firm or individual that executes trades for customers, but does not accept money, securities or property from the customer. An IB must carry all its accounts through a FCM.

*A Commodity Trading Advisor is a firm or individual that directly or indirectly advises others about trading futures and options contracts.

*A Commodity Pool Operator is a firm or individual that operates or solicits funds for an enterprise that combines funds from a number of people to trade futures or options.