Striker Securities

Striker Securities, Inc. is a United States-based financial services company that operates as a futures introducing broker. Founded in 1991 according to its website, the firm is headquartered at 940 N. Industrial Drive, Elmhurst, Illinois. Its primary focus is providing execution services for third-party automated trading systems, serving individual traders, brokers, trading advisors, and futures commodity merchants.

The company distinguishes itself by offering a platform where system developers can submit their trading strategies and clients can choose to automatically execute those systems. Striker maintains a ranking of trading systems based on actual historical performance, which includes commissions and fees. The broker emphasizes disciplined execution and extensive recordkeeping of client account performance.

Striker Securities claims to be a member of the National Futures Association (NFA) and registered with the Commodity Futures Trading Commission (CFTC) as an Independent Introducing Broker. The firm's website displays an NFA membership statement and references regulatory oversight. However, independent verification of this registration is recommended, as aggregated industry data has flagged the license as potentially cloned. The CFTC and NFA databases should be consulted for current status.

Notably, Striker Securities does not appear to hold any other regulatory licenses outside the United States. The firm was formerly registered as a broker-dealer with the SEC and FINRA, but that registration is no longer active. The lack of a verified, active regulatory license is a significant factor for potential clients to consider.

According to the broker's website, there are no minimum trade requirements for opening an account. Clients can open and fund an account with no stated minimum deposit. The account opening process involves completing a customer agreement and limited power of attorney form, which authorizes Striker to execute trades on the client's behalf based on selected trading systems.

The customer agreement classifies Striker as an Independent Introducing Broker, meaning it introduces clients to futures commission merchants (FCMs) who handle the actual clearing and custody of funds. Clients likely need to establish an account with both Striker and an FCM. Details on specific account tiers or base currencies are not provided on the public website.

Striker does not offer a proprietary trading platform but instead facilitates automated execution of third-party trading systems. The systems are run on computers or servers linked to an exchange. Clients select from a list of available systems ranked on the website, and trades are executed automatically based on system signals.

The instruments traded are primarily futures contracts, as implied by the regulatory framework and the nature of the systems. The website references 'futures and equity markets' but the core offering appears to be futures. No specific list of available futures contracts or commodities is publicly detailed.

Specific funding methods are not disclosed on the website. As an introducing broker, client funds would typically be held at a clearing FCM. Withdrawal processes and fees are not publicly documented. Clients should review the customer agreement for detailed terms regarding fund transfers and account closure.

Striker provides customer support primarily through phone and likely email, though contact details beyond a phone number snippet are not prominently displayed. The website includes educational content explaining what trading systems are and why they are used. A risk disclosure page addresses day-trading risks. However, there is no evidence of a live chat, extensive FAQ, or multilingual support.

Striker targets individual traders who wish to use automated trading systems without developing their own strategies. It also appeals to system developers who want to offer their strategies to a client base. The broker's clientele includes retail traders, trading advisors, and commodity merchants. Given the focus on futures, the audience is likely experienced traders familiar with the risks of leveraged futures trading.