IB's commission of VIX futures

[SoCalOptionsWriter]

IB says futures are .85 a contract, but when I got to sell a VIX contract it says my commission is $1.50? Are VIX futures unique in that regard? Or are fees included?

 

[mervyn]

probably cboe fee add-on

 

[rb7]

In the US, for futures, the trade cost must be calculated as:
Commission + Exchange fees + Regulatory fees.

 

[M.W.]

Like everything nowadays. All the add-in admin fees, regulatory fees, taxes, fuel surcharges, planning fees, consultation fees... All this shit nowadays makes up more than 50% and in some cases far more of the final price. That's how you get from a 120k public toilet to a 1.6 million expensive public loo.

In the US, for futures, the trade cost must be calculated as:
Commission + Exchange fees + Regulatory fees.

 

[tony.m]

Add Exchange fees + Regulatory fees on top of whatever IBKR tells you.

 

[Scataphagos]

the trade cost must be calculated as:
Commission + Exchange fees + Regulatory fees.

"Spread/Slippage", too.

With all the costs, difficult to "scalp" and make out. Need to play for bigger to cover the costs and have some left over for you.

 

[qwerty11]

Fortunately there's lots of competition between the exchanges so the fees are relatively limited.