United Futures Trading Company Inc.
Primary
US
0283032
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1 entity
1 account
unverified
unverified
Broker profile
DI
Discount Trading Review: Is It Legit and Regulated?
United Futures Trading Company Inc.
US
Operating period unverified
FindMyFX score
critical risk3.8/10
0
Score out of 10
10
Independent assessment
Updated 2026-07-22
Contact & regulation
- Official website
- discounttrading.com
- Address
- Not verified
- Contact
- +1 800 747 1420
- Primary license
- NFA · Unverified
Missing values mean the information has not been verified or published yet—not that the broker does not provide it.
Quick verdict
Is Discount Trading legit and regulated?
FindMyFX has license records for Discount Trading, but none is currently presented as fully verified. Check each entity, jurisdiction, source, and verification date before depositing.
This is a source-limited research summary, not a safety guarantee or investment recommendation.
Broker-provided profile information is reviewed before publication. Paid profile features never affect FindMyFX scores, license verification, risk flags, reviews, complaints, or editorial decisions.
Broker-provided company information
US futures broker offering exchange-traded futures, including currency futures.
Professional broker overview
FindMyFX editorial summary
Discount Trading is a brand used by United Futures Trading Company Inc., a US futures intermediary with NFA ID 0283032. Official pages disclose a USD 500 account minimum, currency futures, more than 20 platforms and ACH, wire and check funding. NFA BASIC showed the entity as an approved member pending withdrawal when accessed, requiring staff review.
Prepared from reviewed sources for informational purposes. This is not investment advice.
Editorial note: The NFA status should be rechecked immediately before publication.
- Operational status
- warning
- Broker type
- unknown
- Execution model
- Exchange-routed futures execution through supported platforms and clearing arrangements.
- Support hours
- 24/6 trade support
Support languages: English
Documented advantages
- A USD 500 minimum and more than 20 platform choices are disclosed.
- Currency futures use exchange trading and central clearing.
Documented limitations
- NFA BASIC showed membership pending withdrawal.
- Costs vary by contract and platform.
100%coverage
Published profile coverage
8 of 8 core information groups currently contain published data. This measures data availability, not broker quality or safety.
Company structure
Legal entities
Registered companies associated with this broker profile.
Trading access
Account types
Available account structures and their current verification state.
Futures Account
unverified- Deposit
- USD 500.00
- Leverage
- Not shown
Contract and platform-specific commissions apply.
- Spread
- Not shown
- Base currencies
- USD
- Margin call / stop-out
- —% / —%
- Demo / Islamic
- Yes / Unknown
- Balance protection
- Unknown
- Last verified
- Not verified
Markets and instruments
currency futures
unverified
Exchange-traded futures
unverified
Options on futures
unverified
Deposit and withdrawal methods
ACH
unverifiedDeposit: Yes · Withdrawal: Yes
Processing time not shown · Fee not shown
Check
unverifiedDeposit: Yes · Withdrawal: Yes
Processing time not shown · Fee not shown
Wire transfer
unverifiedDeposit: Yes · Withdrawal: Yes
Processing time not shown · Fee not shown
Additional broker contacts
Office
+1 219 769 0366
Research sources
Licenses and regulators
NFA
0283032
Last verified: Not shown
Type: Futures intermediary and NFA member
Client class: retail
Compensation: Not shown
Segregated funds: Unknown
Negative balance protection: Unknown
Risk flags
NFA membership pending withdrawal
medium · draftNFA BASIC showed United Futures Trading Company Inc. as an approved member pending withdrawal.
Non-trading fee schedule
Inactivity Fee
unverifiedUSD 0.0000
The FAQ states that there are no inactivity fees on the free platform.
Jurisdiction-specific offerings
US · retail
unverifiedEntity not linked · Leverage not shown
Compensation scheme not shown
Score components
Regulation and licenses
2.5/10 · 35%The current NFA record showed membership pending withdrawal.
Security and track record
2.5/10 · 20%Exchange clearing is documented, but the current NFA status limits the score.
Trading conditions
7.5/10 · 15%Minimums, instruments, funding, platforms and demo terms are disclosed.
Company transparency
7.5/10 · 10%The regulator record identifies the legal entity and NFA ID.
Service quality
5.0/10 · 10%Support, multiple platforms and demos are documented without verified service metrics.
Verified user reviews
0.0/10 · 10%No inspectable verified user-review dataset was identified.
Profile update history
Broker profile was published.
2026-07-22
Related regulated broker profiles
These profiles share at least one recorded regulator. This is not a recommendation or equivalence claim.