I am looking for a futures options broker and trading platform to trade futures options spreads. I need a low account minimum, under $5000. I was looking at possibly cannon futures, but I don't like their free trading platforms, and I don't think they can trade options spreads as one order.
what broker and platform to use for futures options spreads?
- Thread starter robert111
- Start date
Robert Morse
Sponsor
Ask them if they can get you CME Direct. You can trade option spreads on any CME product and the platforms is free. It is terrible at position management and risk, but you can use a spreadsheet for that. We can't offer futures accounts below $25K.
Robert Morse
Sponsor
Because the account is small, or in general?
As for a platform, the TT platform support options analytics and options spread creation. TT is available through both of the brokers you referenced.
http://library.tradingtechnologies.com/trade/opc-creating-a-strategy-in-the-options-chain.html
https://www.tradingtechnologies.com/solutions/options-trading/
http://library.tradingtechnologies.com/trade/opc-creating-a-strategy-in-the-options-chain.html
https://www.tradingtechnologies.com/solutions/options-trading/
Yes. TT Standard starts at $50 per month +$0.30 per side.
https://www.tradingtechnologies.com/platforms/pricing/
https://www.tradingtechnologies.com/try-tt/
https://www.tradingtechnologies.com/platforms/pricing/
https://www.tradingtechnologies.com/try-tt/
TDA's ThinkorSiwm platform. I trade the ES options contracts there daily. Not sure what they require to open a futures/options account. $2000 for an equity options account.
Best
A screenshot of ToS trading screen for the /ESH7 Week 2 Emini S&P 500 futures options.