Any Tradovate Competitors (Zero Commissions)?

[newwer]

Tradovate with their monthly commission free membership ($349/month) seems to be the cheapest futures broker.
Any other futures brokers out there that offer this?

 

[Scataphagos]

Tradovate with their monthly commission free membership ($349/month) seems to be the cheapest futures broker.
Any other futures brokers out there that offer this?

Getting greedy. I can recall when they were $199/mo.

More difficult to justify their fee now.. with the volume in the indices having fallen off substantially.

 

[S2007S]

I wonder if robinhood will ever jump into futures trading.

 

[Scataphagos]

I wonder if robinhood will ever jump into futures trading.

Hard to imagine. Sure, a broker can discount/waive commissions... but what about exchange fees?... the larger of the costs.

With Tradeovate, and their $349/mo fee... you don't save a dime until you exceed 700 contracts in a month. IOW... you pay for 700 round turns whether you do that many or not.

 

[S2007S]

Hard to imagine. Sure, a broker can discount/waive commissions... but what about exchange fees?... the larger of the costs.

With Tradeovate, and their $349/mo fee... you don't save a dime until you exceed 700 contracts in a month.

700 contracts? Geez. How many do you average a month?

 

[Scataphagos]

700 contracts? Geez. How many do you average a month?

I dunno, haven't taken a survey... but I doubt many ET'ers average 35 round trips per day... and that's just the break-even cost at Tradeovate.

 

[hilmy83]

Tradovate with their monthly commission free membership ($349/month) seems to be the cheapest futures broker.
Any other futures brokers out there that offer this?

if you and scataphagos are smoking pot..let me know..i wanna hit that ish

 

[Scataphagos]

Somebody is saying Tradeovate's fee is $349/mo. You're saying $199/mo. Which is correct??

 

[MOMARB]

hi gentlemen … just honest opinion ..veteran trader, trying to comeback .. which is the best broker so far intern futures and stock … without any headache … thinking about trade station ..any opinion I will really applicate it … thx in advance

 

[Ace66]

Somebody is saying Tradeovate's fee is $349/mo. You're saying $199/mo. Which is correct??

$199 per month prepaid annually or $349 month to month.