ES (emini futures) commission

romeo11 · Apr 12, 2023

Hi,
I am day trading ES and paying $11 one way for 5 contracts with Interactive Brokers. Is that normal for ES? How much other brokers are charging?

Thank you in advance.

ZBZB · Apr 12, 2023

You can buy or lease a seat so as not to pay the exchange fee. Contact the CME membership department to arrange the seat then tell interactive brokers that you are a member and they will reduce your charge.

mervyn · Apr 12, 2023

IB is not the worst, TradeStation is $2.8, but if you have volume, AMP is $1.95.

hilmy83 · Apr 12, 2023

mervyn said:
IB is not the worst, TradeStation is $2.8, but if you have volume, AMP is $1.95.

Tradestation can go to hell with that bullshit

VEGASDESERT · Apr 12, 2023

For a retail account yes totally normal.

mervyn · Apr 12, 2023

hilmy83 said:
Tradestation can go to hell with that bullshit

you don't pay for the data fee, while IB and AMP will charge that.

hilmy83 · Apr 12, 2023

mervyn said:
you don't pay for the data fee, while IB and AMP will charge that.

You're talking about the $30/month CME data? or the routing like CQG/Rithmic?

mervyn · Apr 12, 2023

hilmy83 said:
You're talking about the $30/month CME data? or the routing like CQG/Rithmic?

Yes

SunTrader · Apr 12, 2023

Also TradeStation platform + EasyLanguage is far superior to IB's antiquated setup.

HobbyTrading · Apr 13, 2023

hilmy83 said:
You're talking about the $30/month CME data?

Really? I don't pay that much at IB. They charge me $10 and reimburse that one month later because of my account size. Net payment: zero.