Commissions

Discussion in 'Trading' started by 1011101, May 7, 2009.

  1. 1011101

    1011101

    just wanted some opinions on my commissions. I trade ES futures. I am currently paying $4.3 roundtrip including fees. I traded over 1,000 roundtrips last month. Am I paying too much?
     
  2. Agassi

    Agassi

    Yes.
     
  3. 1011101

    1011101

    what's a reasonable rate I should be paying?
     
  4. Agassi

    Agassi

    I don't trade much but I am paying 3.80. Are you a profitable trader? have you thought about leasing a seat?
     
  5. Here are 2 publicly available rates:

    TransAct charges $3.76 RT with minimum of 274 RTs a month

    Lightspeed charges $3.30 RT with $65 monthly data fee.