So this is for SR lite ? What volume do you require monthly to drop down to a lower commission ? Who do you clear thru ?
Why dont you go to their website and look up the answers instead of ansking questions that are readily available through the website. The more questions you ask, the more they know that you are inexperienced at trading, and the higher your commission will be. Experienced traders don't worry so much about the price of the commission. They look for fast execution platforms.
BECAUSE THE ANSWERS TO THE QUESTIONS I ASKED ARE NOT ON THE WEBSITE. How do you equate questioning with trading experience ? Fast executions are worthless if your money is deposited with the next REFCO.
Every single one of your questions are on their website. https://www.velocityfutures.com/commisions.asp?products_id=1&exchanges_id=1&product_category_one=353 They also have an 800 number for you to call.
My thread is directed at other traders using strategy runner, not what brokers are offering. Is X trader the same platform as strategy runner ? Non-Member Fees Monthly Volume Breaks (including all exchange, clearing, and NFA fees) -------------------------------------------------------------------------------- Contracts per Month Per Round Trip(USD) Per Side(USD) ES E-Mini S&P 500 Free Platform (*) No monthly platform fee X_TRADER Free $4.500 $2.250 Commissions for xTrader Subscribers Level 1: 0-2499 $3.500 $1.750 Level 2: 2500-4999 $3.350 $1.675 Level 3: 5000-9999 $3.200 $1.600 Level 4: 10000-14999 $3.050 $1.525 Level 5: 15000-19999 $2.900 $1.450 Level 6: 20000-49999 $2.500 $1.250 Level 7: 50000-499999 $2.450 $1.225 Level 8: 500000-999999 $2.420 $1.210 Level 9: 1000000+ $2.400 $1.200 -------------------------------------------------------------------------------- Lessee Member/Rule 106.f Employee Fees Monthly Volume Breaks (including all exchange, clearing, and NFA fees) *** Globex Fees Not Included - Add $50.00/day *** -------------------------------------------------------------------------------- ES E-Mini S&P 500 Free Platform (*) No monthly platform fee X_TRADER Free $2.640 $1.320 Commissions for xTrader Subscribers Level 1: 0-2499 $1.640 $0.820 Level 2: 2500-4999 $1.490 $0.745 Level 3: 5000-9999 $1.340 $0.670 Level 4: 10000-14999 $1.190 $0.595 Level 5: 15000-19999 $1.040 $0.520 Level 6: 20000-49999 $0.640 $0.320 Level 7: 50000-499999 $0.590 $0.295 Level 8: 500000-999999 $0.560 $0.280 Level 9: 1000000+ $0.540 $0.270 -------------------------------------------------------------------------------- FIRM Corporate Membership - 106-H Monthly Volume Breaks (including all exchange, clearing, and NFA fees) -------------------------------------------------------------------------------- ES E-Mini S&P 500 Free Platform (*) No monthly platform fee X_TRADER Free $3.280 $1.640 Commissions for xTrader Subscribers Level 1: 0-2499 $2.280 $1.140 Level 2: 2500-4999 $2.130 $1.065 Level 3: 5000-9999 $1.980 $0.990 Level 4: 10000-14999 $1.830 $0.915 Level 5: 15000-19999 $1.680 $0.840 Level 6: 20000-49999 $1.280 $0.640 Level 7: 50000-499999 $1.230 $0.615 Level 8: 500000-999999 $1.200 $0.600 Level 9: 1000000+ $1.180 $0.590 -------------------------------------------------------------------------------- Electronic Corporate Membership ECM/106-R Member Fees Monthly Volume Breaks (including all exchange, clearing, and NFA fees) -------------------------------------------------------------------------------- ES E-Mini S&P 500 Free Platform (*) No monthly platform fee X_TRADER Free $3.480 $1.740 Commissions for xTrader Subscribers Level 1: 0-2499 $2.480 $1.240 Level 2: 2500-4999 $2.330 $1.165 Level 3: 5000-9999 $2.180 $1.090 Level 4: 10000-14999 $2.030 $1.015 Level 5: 15000-19999 $1.880 $0.940 Level 6: 20000-49999 $1.480 $0.740 Level 7: 50000-499999 $1.430 $0.715 Level 8: 500000-999999 $1.400 $0.700 Level 9: 1000000+ $1.380 $0.690 -------------------------------------------------------------------------------- Equity Member Fees Monthly Volume Breaks (including all exchange, clearing, and NFA fees) *** Globex Fees Not Included - Add $50.00/day *** ES E-Mini S&P 500 Free Platform (*) No monthly platform fee X_TRADER Free $2.390 $1.195 Commissions for xTrader Subscribers Level 1: 0-2499 $1.390 $0.695 Level 2: 2500-4999 $1.240 $0.620 Level 3: 5000-9999 $1.090 $0.545 Level 4: 10000-14999 $0.940 $0.470 Level 5: 15000-19999 $0.790 $0.395 Level 6: 20000-49999 $0.390 $0.195 Level 7: 50000-499999 $0.340 $0.170 Level 8: 500000-999999 $0.310 $0.155 Level 9: 1000000+ $0.290 $0.145
I used Strategy Runner through Global Futures to trade ty @$3.34 per round trip. Once a month I was charged $50.
As a user of SR for 5 years I guess you missed my sarcasm towards the other poster. Who do you clear through ? Do the volume breaks posted under X trader commissions apply to SR as well ?
Xtrader cost $650.00 per month to use. Velocity is giving it to you for free - Velocity is paying your $650.00 per month for you. Strategy runner cost $50.00 per month, but Velocity is giving that to you for free also.