What do your services cost?
The only charge Top Third collects is the commission of $37.50/side plus about $2.00 in NFA and exchange fees. There is NO acreage fee, management fee, bushels fee, email fee, cash marketing fee, or any other cost.
Who do you clear through?
StoneX — Formerly known as INTL FCStone, StoneX is an institutional-grade financial services network that connects companies, organizations, traders and investors to the global markets ecosystem through a unique blend of digital platforms, end-to-end clearing and execution services, high-touch service and deep expertise.
Can we trade futures or other marginable positions?
Yes, Top Third is a full service brokerage firm. While we generally don’t recommend marginable positions for most farm producers, our experienced brokers can help you manage the risk.
What if I am new to trading options? Will someone help me?
The main job of our brokers/risk managers is to be your mentor and educator, to help guide you through the entire risk management program. You will be assigned one broker to work with one-on-one.
When I buy an option do I have to keep it until expiration?
No, you can buy, hold or sell options at any time during regular trading hours at the CBOT, based on your circumstance.
Will you tell me when to sell my cash grain?
Yes, we will make cash recommendations and notify you by text message and email.
Can we sell grain anytime we want, and anywhere we want to sell it?
Yes, it’s your grain. You can sell anytime or anyplace you want. Just let us know so we can adjust your positions.
What is the easiest way to fund our account?
We suggest filling out an ACH agreement. You can ask your broker for details.
You can also mail in a check for trades placed and make the checks payable to StoneX Financial Inc. and mail to:
StoneX Financial Inc., Top Third Division
230 South LaSalle St., Suite 10-500
Chicago, IL 60604
What is the best way to open an account?
If you are opening an individual account or a joint account, you can fill out an application online. It will only take about 10 minutes.
If you are opening a corporate, partnership or a LLC, physical paperwork will have to be mailed to you.
Are there any supporting documents that I need to send in when opening an account?
For a Partnership: you will need to send in your partnership agreements and all general partners must sign paperwork.
For Corporate and LLC Accounts: Articles of Incorporation, operating agreement, and audited financials (if available), shareholders register. All members, officers or managing members must sign paperwork.