Is this level of futures commissions normal?

S

SoCalOptionsWriter

Ok, though May, I made 379 futures and futures options trades, earning $31,028 in profits -- but I also paid $1477 in commissions and then there are the yet-to-calculated NFA fees. Were talking like 5%, very approximately, scalped off my winnings.
Is this a normal range?
1.50 a contract?
I've come from equity options, and cant believe how much more commissions add up in futures and futures option. Am I missing something?
Reasons?
Tks.
 
SoCalOptionsWriter said:
Ok, though May, I made 379 futures and futures options trades, earning $31,028 in profits -- but I also paid $1477 in commissions and then there are the yet-to-calculated NFA fees. Were talking like 5%, very approximately, scalped off my winnings.
Is this a normal range?
1.50 a contract?
I've come from equity options, and cant believe how much more commissions add up in futures and futures option. Am I missing something?
Reasons?
Tks.
More...
It's true, you're not only fighting the market, but your broker as well. Negotiate the commissions down.
 
I wonder what an appropriate range is commissions:profit? Or is that a false metric?

I also wonder if a retail guy like me with a bit of cash can ask for in-kind, in some manner, subscriptions, office space (there is an branch office two blocks away from me.
 
Futures commissions vary greatly.

IB charges 85 cents a side. Tradovate charges 79 cents a side and has much lower rates if you pay a monthly fee..

The IB Deep Discount Trading charges 50 cents a side, but you have to pay for a trading platform.

If you do a large volume Advantage Futures starts at 99 cents a side, drops to 29 cents at 2,001 sides, 19 cents at 5,001 sides and 7 cents at 10,001 sides.
 
SoCalOptionsWriter said:
Ok, though May, I made 379 futures and futures options trades, earning $31,028 in profits -- but I also paid $1477 in commissions and then there are the yet-to-calculated NFA fees. Were talking like 5%, very approximately, scalped off my winnings...
More...

You are looking a gift horse in the mouth.

...I've come from equity options, and cant believe how much more commissions add up in futures and futures option.
More...

Would your equity option broker allow to trade as much NAV as you did with futures?

There is always a trade-off.
 
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