I am being charged $15 fee from the CME every month? | Reviews of Brokers and Data Feeds


futures.io - futures trading strategies, market news, trading charts and platforms


Reviews of Brokers and Data Feeds


Review and discuss futures brokers, their requirements and features, or ask questions about brokers and data feeds




 

I am being charged $15 fee from the CME every month?

  #31 (permalink)

Market Wizard
Boca Raton
 
Trading Experience: Advanced
Platform: Variety
Broker/Data: Optimus Futures, LLC
Favorite Futures: Futures
 
mattz's Avatar
 
Posts: 2,415 since Sep 2010
Thanks: 2,344 given, 3,570 received


Big Mike View Post
@mattz
Naturally, the amount the broker makes isn't the same as CME, but could still implement what you described

Sent from my phone

This is the main point, broker makes 99% of the time in discount business less than the exchange.
The CME will keep raising the cost, and I will keep lowering to accommodate that?
Not to be sarcastic, but in that regard maybe I should cover platforms, indicators, DTN, etc...
The number of people who would qualify for such discount is far and few in between.
Those who do high volumes are at low levels of commissions to help them accommodate other costs.


Matt
Optimus Futures

There is a risk of loss in futures trading. Past performance is not indicative of future results.

PM with any questions about optimusfutures (800) 771-6748 (561) 367 8686. THERE IS A SUBSTANTIAL RISK OF LOSS IN FUTURES TRADING.
Reply With Quote
The following user says Thank You to mattz for this post: