Broker Question?

[optionable]

Hi,

I trade options on futures. The broker I am with right now has a high commission rate unless I get up into 1000+ contracts/month.

Are there any brokers that you guys have used for futures' options that you would recommend looking into?

Thank you

 

[Optional]

how much you pay?

 

[optionable]

12.99 per contract

 

[jeb9999]

Quote from optionable:

12.99 per contract

$12.99 is way too high. BTW is that per side or RT?

Commissions do depend on what type of futures options you trade.

On a bundled basis Interactive Brokers commissions per side for futures options range from $1.81 (emini equity) to $6.00 (floor traded agriculture). Unbundled might be a better deal if you do some volume and do not hold short options overnight.

 

[optionable]

The 12.99 I quoted is per side.

So IB it is then? No other options??

 

[pickles]

Thinkorswim charges $3 per side. That includes exchange fees.

Here's a list of the futures they offer:
https://www.thinkorswim.com/tos/displayPage.tos?webpage=servicesOrderTypes&displayFormat=hide