Futures broker that has cheap phone order commissions?

Discussion in 'Retail Brokers' started by AshanD, Aug 20, 2008.

  1. AshanD

    AshanD

    Open E Cry charges me $25 per phone call order (plus standard commissions) which can add up with a few calls.

    I'm looking for someone with better rates for phone orders. Any suggestions?

    Thanks
    Ashan
     
  2. galiano

    galiano

    Proactive Futures
    http://proactivefutures.com/comm_fees.htm

    "Order Desk – Phone in orders are an
    additional $2 per order (Regardless of Size)"

    Potentially negotiated away. Like almost everything at Proactive. :)
     
  3. AshanD

    AshanD

    Thank you, I searched proactive futures and the feedback was quite positive.

    I decided to go with MB trading after finding their fee schedule. Basically they don't charge for anything major except commissions. No market data fees or phone order fees. I've heard they have very good customer support as well.

    They seem like an excellent all around broker. Only issue is contracts tend to be a little higher in commissions (.30 or so) and they don't offer ICE contracts but both of those are acceptable to me.