Cheapest futures broker

[clarodina]

hi anyone knows a futures brokers which offers products in many exchanges? any ones out there that beats ib broker?

 

[jeb9999]

IB is not the lowest cost futures broker for an active trader.

The lowest cost futures broker is not one firm fits all and depends on how many RTs you do a month and your account size. It also depends if you are doing retail business or exchange member business.

 

[rosy2]

mf global. you can get round turns under 50 cents

 

[college_trad3r]

Quote from rosy2:

mf global. you can get round turns under 50 cents

I doubt this is all the fees, MF must have alot hidden charges

exchange fees that CME charges to brokers are already $2+ a contract

 

[jeb9999]

Quote from rosy2:

mf global. you can get round turns under 50 cents

And what are the broker fees and volume breaks for MF Global until you get your RT broker fee under 50 cents? What is the platform fee and any other required fees?


For example, IB's broker fee hits 50 cents RT after 10,000 RTs.