Broker Question?

Discussion in 'Retail Brokers' started by optionable, May 8, 2009.

  1. optionable

    optionable Guest


    I trade options on futures. The broker I am with right now has a high commission rate unless I get up into 1000+ contracts/month.

    Are there any brokers that you guys have used for futures' options that you would recommend looking into?

    Thank you :)
  2. how much you pay?
  3. optionable

    optionable Guest

    12.99 per contract :(
  4. $12.99 is way too high. BTW is that per side or RT?

    Commissions do depend on what type of futures options you trade.

    On a bundled basis Interactive Brokers commissions per side for futures options range from $1.81 (emini equity) to $6.00 (floor traded agriculture). Unbundled might be a better deal if you do some volume and do not hold short options overnight.
  5. optionable

    optionable Guest

    The 12.99 I quoted is per side.

    So IB it is then? No other options??
  6. pickles