NexusFi: Find Your Edge


Home Menu

 





Brokers fees


Discussion in Brokers

Updated
      Top Posters
    1. looks_one mikorn83 with 4 posts (3 thanks)
    2. looks_two tturner86 with 2 posts (3 thanks)
    3. looks_3 Quick Summary with 1 posts (0 thanks)
    4. looks_4 CannonTrading with 1 posts (0 thanks)
      Best Posters
    1. looks_one Underexposed with 3 thanks per post
    2. looks_two SMCJB with 2 thanks per post
    3. looks_3 tturner86 with 1.5 thanks per post
    4. looks_4 mikorn83 with 0.8 thanks per post
    1. trending_up 5,034 views
    2. thumb_up 13 thanks given
    3. group 6 followers
    1. forum 12 posts
    2. attach_file 0 attachments




 
Search this Thread

Brokers fees

  #11 (permalink)
mikorn83
Gdansk/Poland
 
Posts: 33 since Feb 2014
Thanks Given: 8
Thanks Received: 23


CafeGrande View Post
$3.76 R/T before the CQG fees of $40/mo and 25 cts/trade is a good price, and as noted a couple of posts above, it beats Interactive Brokers' $4.64 R/T for CL.

For non-member (retail) and without minimum volume, I *think* the next cheapest rates are from Ironbeam or one of their introducing brokers. The last time I saw one of their ads they were $1.00 R/T which would be $3.94 R/T for a CL contract with exchange and NFA added in.

I've never looked at Dorman -- are you going direct or through an introducing broker, and are you getting all the data fees for the CME (CME, CBOT, NYMEX, COMEX) and ICE US at no additional cost?

I'm going direct through Dorman and I don't pay monthly data fees for CME and ICE US. I don't pay it because I'm from EU and not from US and because I'm non-pro trader. I think US citizens would have to pay $15 per month for CME data feed.

Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
New Micros: Ultra 10-Year & Ultra T-Bond -- Live Now
Treasury Notes and Bonds
NexusFi Journal Challenge - April 2024
Feedback and Announcements
Futures True Range Report
The Elite Circle
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
Deepmoney LLM
Elite Quantitative GenAI/LLM
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
61 thanks
Funded Trader platforms
39 thanks
NexusFi site changelog and issues/problem reporting
26 thanks
The Program
18 thanks
GFIs1 1 DAX trade per day journal
18 thanks
  #12 (permalink)
 
CannonTrading's Avatar
 CannonTrading   is a Vendor
 
Posts: 216 since Mar 2013
Thanks Given: 77
Thanks Received: 183

@mikorn83 did you have a futures account before March 1, 2014? If so you are not subject to pay the CME Non-Pro fee till next year. Unfortunately for ALL new subscribers for the CME Market data who opened accounts after March 1, 2014 are subject to the fees (Non-Professional or Professional Traders). Non-Professional traders (U.S and non U.S based) are subject to the $5.00 per exchange fee or the $15 monthly bundle for all four (CME, CBOT, NYMEX, and COMEX).


mikorn83 View Post
I'm going direct through Dorman and I don't pay monthly data fees for CME and ICE US. I don't pay it because I'm from EU and not from US and because I'm non-pro trader. I think US citizens would have to pay $15 per month for CME data feed.


PM with any questions about Cannon Trading (800) 454-9572 (310) 859-9572. Trading commodity futures, forex and options involves substantial risk of loss. The recommendations contained in this post are of opinion only and do not guarantee any profits. These are risky markets and only risk capital should be used. Past performance is not necessarily indicative of future results.
Follow me on Twitter Reply With Quote
  #13 (permalink)
mikorn83
Gdansk/Poland
 
Posts: 33 since Feb 2014
Thanks Given: 8
Thanks Received: 23



Ilanlm View Post
@mikorn83 did you have a futures account before March 1, 2014? If so you are not subject to pay the CME Non-Pro fee till next year. Unfortunately for ALL new subscribers for the CME Market data who opened accounts after March 1, 2014 are subject to the fees (Non-Professional or Professional Traders). Non-Professional traders (U.S and non U.S based) are subject to the $5.00 per exchange fee or the $15 monthly bundle for all four (CME, CBOT, NYMEX, and COMEX).

Yes, I have a live account for a long time, but with Dorman Trading I'm just since February 2014.

Reply With Quote
Thanked by:




Last Updated on May 21, 2014


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts