Thinking about getting into futures

Discussion in 'Retail Brokers' started by peilthetraveler, Feb 29, 2008.

  1. Its been a long long time since i traded futures. In fact last time i did, you had to actually phone a guy, tell him your account number, put your order in and wait for him to call back to see if you got filled. (internet trading had not started yet) Back then I was paying 45 dollars per RT per contract which was cheap back then. Now im trying to look for brokers and I'm just not understanding if what i am seeing is right. One broker is charging 45 cents per side? Is that right? Are their exchange fees you have to pay still every month for the exchange you want quotes from or are they free now?
  2. darren


    Yes exchange fees are standard foreach type of contract and then they add a commission . For example, I trade eminis indices and basically with exchage fees and commissions I pay about 4$ all in per each round turn. I use Open Ecry which I love. And also use tradestation as a backup which I hate:)
  3. Trader50


    i like ib