FfastTrade vs VelocityFutures vs IB

Discussion in 'Retail Brokers' started by sys80, Jul 8, 2003.

  1. sys80

    sys80

    A group of new brokers have recently come out offering emini and miniDow for rt $3.xx. Which is a much lower rate than current IB offer (rt $4.8). And it is a good thing for scalpers.

    I have found only two of them:
    http://www.ffasttrade.com/content/commissions/charges.htm
    http://www.velocityfutures.com/cbot_commissions.html
    (the latter is a new clearing house, reliable?)

    Unfortunately they charge stiff monthly fees, which makes IB still a favorite, for daytraders who do less than 20rt daily.

    Questions:

    1. Which are the current industry lowest broker for futures trading? (emini, miniDow)
    (please pm me, if you don't want to disclose)

    2. Most futures brokers do not advertise their rates, they will customize rates for new prospective clients. By experience, which brokers are willing to give you lower rates than FfastTrade, after negotiation?

    Thanks for any comment and remark
    sys80
     
  2. sys80

    sys80

    no reply?

    Nobody has experience of futures brokers with cheapest rates for emini?

    Thanks
     
  3. Foz

    Foz

    Depending on your volume, IB, Velocity, and FFastTrade are the cheapest. They've already been mentioned. There are no others. That's why you haven't been getting a long thread here.
     
  4. just21

    just21

    Velocityfutures website is very impressive. Is anybody here trading through them? What has been your experience?
     
  5. Ditch

    Ditch

    I think the rates of FFasttrade are very attractive., didn't know veloc.fut. until now. There's only one thing that keeps me from giving them a try, namely there's no function for bracket trades in their software (correct me if i'm wrong), besides that i really like the interface of NT and BT.
     
  6. Banjo

    Banjo

  7. sys80

    sys80

    do any of you have experienced lionfutures?
    Will they charge rt 3.90 withouth monthly fee for J-trader?

    Thanks
     
  8. H2O

    H2O

  9. These rates are for CME futures only... Anyone know how much they charge for other E-mini's?
     
  10. Pedro

    Pedro

    I heard many bad things about Velocity..

    And of course keep in mind that some companies charge a platform fee,..
     
    #10     Jul 10, 2003