I am looking for the best introducing broker for Refco using LeoWeb for trading e-minis. The firm should provide good service, low and discount commission based on volume. The candidates I come across are Zapfutures, Netfutures and e-mini.com. Thanks in advance.
The commission I mentioned is per r/t. metooxx's reply conforms to the numbers I provided. The $17 should be split between Refco and the IB.
Craigross, you have a different answer. How do you explain the numbers given by metooxx?
An IB with Refco has the following commission for e-minis: commission: $17, clearing fee: $1.28, exchange fee:$1, NFA fee: $0.04.
I am trying to understand it. Who takes the clearing fee? Is the $17 split between the broker and Refco?