Advantage Futures - best commissions i have ever seen

[puretruth]

Quote from jeb9999:

If you are willing to pay for X_Trader Eagle Market Makers starts at $0.40 per side plus exchange fees. That is the lowest first contract commission I have ever seen. You would have to contact them for volume breaks.

www.globalfutures.com starts at $0.35


Trading Volume
(R/T per Month) CME/GLOBEX/CBOT/ICE
(Per Side/Per Contract) EUREX
(Per Side/Per Contract)

0 - 4,999
$0.35 0,35 €

5,000 - 9,999
$0.35 0,35 €

10,000 - 14,999
$0.35 0,35 €

15,000 - 19,999
$0.30 0,30 €

20,000 - 49,999
$0.20 0,20 €

50,000 - 99,999
$0.10 0,10 €

100,000 +
$0.05 0,05 €

 

[puretruth]

http://www.eaglemarketmakers.com/uc.htm


CME
Per Trade
EMINI EURO$ AGS
Comm. 0.40 0.40 0.40
Clear€Exch. Fee 1.14 1.19 2.14
NFA 0.02 0.02 0.02
Total U.S. 1.56 1.61 2.56

 

[moarla]

you cant compare global or other IBs with Advantage futures...

no no

 

[puretruth]

Quote from moarla:

you cant compare global or other IBs with Advantage futures...

no no

How is that ?

 

[jeb9999]

Quote from puretruth:

www.globalfutures.com starts at $0.35


Trading Volume
(R/T per Month) CME/GLOBEX/CBOT/ICE
(Per Side/Per Contract) EUREX
(Per Side/Per Contract)

0 - 4,999
$0.35 0,35 €

5,000 - 9,999
$0.35 0,35 €

10,000 - 14,999
$0.35 0,35 €

15,000 - 19,999
$0.30 0,30 €

20,000 - 49,999
$0.20 0,20 €

50,000 - 99,999
$0.10 0,10 €

100,000 +
$0.05 0,05 €

And Global also says "Exchange, clearing, regulatory fees and NFA fees are not included."

I know how much the exchange and NFA fees are, but how much are the unspecified clearing and regulatory fees going to cost me?

Eagle Market Makers only charges the $0.40 commission, plus exchange and NFA fees. No extra unspecified clearing and regulatory fees charged. And Eagle Market Makers is a clearing firm, not a lowly IB.

 

[twinx]

What about overnight fees?

 

[puretruth]

Quote from jeb9999:

And Global also says "Exchange, clearing, regulatory fees and NFA fees are not included."

I know how much the exchange and NFA fees are, but how much are the unspecified clearing and regulatory fees going to cost me?

Eagle Market Makers only charges the $0.40 commission, plus exchange and NFA fees. No extra unspecified clearing and regulatory fees charged. And Eagle Market Makers is a clearing firm, not a lowly IB.

You made a good point , I overlooked that
How much are those regulatory and clearing fees ?

 

[dmcw]

Quote from jeb9999:

And Global also says "Exchange, clearing, regulatory fees and NFA fees are not included."

I know how much the exchange and NFA fees are, but how much are the unspecified clearing and regulatory fees going to cost me?

Specifically for CME GLOBEX emini SP/NQ/YM "Exchange, clearing, reg. fees and NFA fees" add up to $1.15 per side/$2.30 round turn currently. (These are non-exchange member fees. Members have reduced fees. If anyone wants to explore the possibility of having an exchange memnership I may be able to help answer some questions about that.)

Our X_Trader tier starts out at $0.35 per side, so the total commission for those markets would be $1.50 per side, or $3.00 round turn. Feel free to contact me for more information, or if you'd like to check the fees for other markets.

 

[twinx]

Quote from puretruth:

You made a good point , I overlooked that
How much are those regulatory and clearing fees ?

...and overnight fees?

 

[dmcw]

Quote from twinx:

...and overnight fees?

I'm not sure what you mean by overnight 'fees'. We don't charge any extra fees to clients to hold positions overnight as long as they meet the Exchange-set Overnight Margin.

Are you asking about our Overnight Margin requirement? We use whatever the Exchange sets as their minimum. In the case of the Emini SP, it's currently $5625 for non-members.

Not sure I've answered your question. Let me know if not.