Best futures broker based on Commission

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Uploaded by on Dec 2, 2010

Best futures broker based on Commission- I've compared the following brokers based on Commission/Platform/Data Feed.
Optimus Trading Group
Velocity
Advantage
Interactive Brokers
MB Trading
Mirus
FuturePath Trading
TradeStation
Open Ecry

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Uploader Comments (HighProbabilityTrade)

  • Your data is wrong on Advantage futures, it's $0.19 starting from 2500 RT and you can choose ninja and pay no CQG fee.

  • @flyyves

    The advertised commission from Advantage for 2500 RT would be $0.54 plus if you are using NinjaTrader you would be charged an additional $0.15 per side for using TT's patented network and DOM. For CQG Trader you are charged $0.25 per side on top of the commission fee which is capped out at $395 per month. I've personally negotiated with Advantage brokers, the best deal for 2500 RT/month is $0.50 per side plus platform fee's(NT 0.15/side)

  • @flyyves

    I see how you came to thinking 2,500 RT = $0.19, from Advantage's website, you failed to notice that they charge you more for the lower volume tiers, so the average cost per side comes to $0.54, and you also failed to notice the platform costs for CQG trader is $0.25 per side (capped at $395) and NinjaTrader is $0.15 per side (plus $60 per month for Ninjatrader platform). So you would be getting charged $0.69 per side using NinjaTrader based on those advertised numbers.

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  • At wanderlei, You can start with Global for about any amount. Mirus is 2500. Infinity is $5000. They all offer $4-500 on eminis.

  • Global Futures is charging me $6. Round Turn. If I get my account size up, they saId they will come down to $5.

  • Can anyone please advise me on which broker would allow me to start with $2000 and allow $500 per contract. i would greatly appreciate any help also someon epreferably with ninja platform...Thanks

  • Appreciate this review!

  • If your going to trade futures your doing it to make money for yourself, Not to trade a lot of contracts to make the broker money.

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