I have been looking all over for a futures broker which has low commissions and is reputable, but they all have a "catch". I have done some research and here it is:
So far I have viewed :
Velocity Futures ( good commissions, but I'm have no plans to put $5000 as a starting capital. At most $3000. )
Apex futures ( Expensive:High commissions 1.99 per side + other fees)
Global futures (They have no minimum starting capital which is good. They don't reveal their commissions , they want to negotiate which is fine. I have heard they are also expensive from people, someone said $10 which is unacceptable. )
Interactive brokers (Good reputation, big broker that you can trade all securities on one account. I can start with $3000 since I'm under 26 of age, but $2000+ for the ES is too high, forget it!)
TD Ameritrade (Reputable broker, Nice platform TOS. I believe they have $3.50 per side commission which is a no no. Also ES costs way too much at $3000+).
Any other options? I feel like Global futures is the way to go unless they can't give low commissions.
Anyone here with G.F can tell me what your commissions + fees are?
I'd appreciate any response with valuable information, thanks!
If technology (speed, network and support) are important, I would consider Advantage Futures (www.advantagefutures.com). They focus on high volume, high frequency professional traders but take all types of accounts.