low futures commission

Discussion in 'Retail Brokers' started by seabird2000, Sep 23, 2009.

  1. currently i'm trading futures with a daily volume of ~ 5k lots on globex. i'm trying to find a FCM that can clear trades for a relative low rate. what i have right now is about ~20-20 cent/lot. anyone can recommend a cheaper place?
     
  2. The lowest rates I have every seen for large volume are from Advantage Futures. You have to add a platform fee and exchange fees.

    Volume Scale Rate
    0 – 100 = $0.99
    101 – 1000 = $0.69
    1,001 – 2,000 = $0.49
    2,001 – 5,000 = $0.29
    5,001 – 10,000 = $0.19
    10,001 – 20,000 = $0.04
    20,001+ = $0.03

    This rate chart is from the thread http://www.elitetrader.com/vb/showthread.php?s=&threadid=135939
     
  3. this is very helpful, thanks!
     
  4. Fortis