NexusFi: Find Your Edge


Home Menu

 





CQG FCM commissions and fees


Discussion in Brokers

Updated
      Top Posters
    1. looks_one oceanbreeze with 8 posts (3 thanks)
    2. looks_two Futures Operator with 3 posts (1 thanks)
    3. looks_3 mattz with 3 posts (0 thanks)
    4. looks_4 artemiso with 3 posts (5 thanks)
      Best Posters
    1. looks_one artemiso with 1.7 thanks per post
    2. looks_two CafeGrande with 1 thanks per post
    3. looks_3 NinjaTrader with 1 thanks per post
    4. looks_4 oceanbreeze with 0.4 thanks per post
    1. trending_up 18,468 views
    2. thumb_up 15 thanks given
    3. group 12 followers
    1. forum 25 posts
    2. attach_file 0 attachments




 
Search this Thread

CQG FCM commissions and fees

  #11 (permalink)
 artemiso 
New York, NY
 
Experience: Beginner
Platform: Vanguard 401k
Broker: Yahoo Finance
Trading: Mutual funds
Posts: 1,152 since Jul 2012
Thanks Given: 784
Thanks Received: 2,685

My bad, I quoted @CafeGrande without explaining - it's a good list, there's a handful on that list that would be able to go down under the number I suggested without making negotiations difficult for you.

Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Online prop firm The Funded Trader (TFT) going under?
Traders Hideout
New Micros: Ultra 10-Year & Ultra T-Bond -- Live Now
Treasury Notes and Bonds
ZombieSqueeze
Platforms and Indicators
Are there any eval firms that allow you to sink to your …
Traders Hideout
Ninja Mobile Trader VPS (ninjamobiletrader.com)
Trading Reviews and Vendors
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
60 thanks
Funded Trader platforms
43 thanks
NexusFi site changelog and issues/problem reporting
24 thanks
GFIs1 1 DAX trade per day journal
22 thanks
The Program
19 thanks
  #12 (permalink)
 oceanbreeze 
London UK
 
Experience: Master
Platform: Sierra, NinjaTrader, Interactive Brokers, TradeStation
Trading: several
Posts: 18 since Sep 2014
Thanks Given: 5
Thanks Received: 6

With all that money and Timber Hill know how, isn't IB capable of excellent order execution near enough or better than CQG?

The well capitalised issue is crucial and always takes me back to Interactive Brokers and their A-.

Lots of questions. All the replies are most appreciated.

There must be a straightforward solution that is close enough to optimal.

Started this thread Reply With Quote
Thanked by:
  #13 (permalink)
 Futures Operator 
New York, NY
 
Experience: Intermediate
Platform: Sierra Chart, thinkorswim
Broker: Amp-Rithmic/TT, IB
Trading: CL, GC, NQ
Posts: 601 since Nov 2010
Thanks Given: 2,039
Thanks Received: 258



artemiso View Post
As a non-member, I'd say you should expect no more than $2.82 per ES round trip all-in (including exchange, FCM commission and NFA fee) i.e. $0.25 FCM commission up to 10,000 contracts per month. Let me know if you need specific names.

@artemiso, where/how can a non-member get $0.25/contract commission without volume requirements?

Reply With Quote
Thanked by:
  #14 (permalink)
 Futures Operator 
New York, NY
 
Experience: Intermediate
Platform: Sierra Chart, thinkorswim
Broker: Amp-Rithmic/TT, IB
Trading: CL, GC, NQ
Posts: 601 since Nov 2010
Thanks Given: 2,039
Thanks Received: 258


oceanbreeze View Post
IB is about $1.30 roundtrip, but if I can get substantially better data and execution somewhere else, then paying $1-2 more may actually cheaper if it saves a tick here and there.

With all that money and Timber Hill know how, isn't IB capable of excellent order execution near enough or better than CQG?

@oceanbreeze, have you had any issues with speed/reliability of IB's order routing?

Reply With Quote
  #15 (permalink)
 oceanbreeze 
London UK
 
Experience: Master
Platform: Sierra, NinjaTrader, Interactive Brokers, TradeStation
Trading: several
Posts: 18 since Sep 2014
Thanks Given: 5
Thanks Received: 6

IB is reliable.
I don't know if I have had IB speed issues (tick here tick there) because I have no proper way to compare IB to CQG for example.
IB and Tradestation are both reliable and quick (in my limited experience), just trying to make sure that I have data and platform in the right range considering my volume level, however meagre.

Started this thread Reply With Quote
Thanked by:
  #16 (permalink)
 artemiso 
New York, NY
 
Experience: Beginner
Platform: Vanguard 401k
Broker: Yahoo Finance
Trading: Mutual funds
Posts: 1,152 since Jul 2012
Thanks Given: 784
Thanks Received: 2,685

@Futures Operator @oceanbreeze See PM.

Reply With Quote
  #17 (permalink)
 oceanbreeze 
London UK
 
Experience: Master
Platform: Sierra, NinjaTrader, Interactive Brokers, TradeStation
Trading: several
Posts: 18 since Sep 2014
Thanks Given: 5
Thanks Received: 6


Futures Operator View Post
@oceanbreeze, have you had any issues with speed/reliability of IB's order routing?

That's a good point. I am not having any issues with Tradestation or IB/Ninja or IB/Sierra, and all's well with my performance.

It does not appear that a high percentage of people in this forum use Tradestation. There are probably good reasons for that. If I could get a sample of those reasons, that would be great.

Using IB connected to Sierra or Ninja using third party data seems cobbled together, more to go wrong, compared to an all-in-one like CQG or Tradestation for that matter.

I think CQG turns out to be not too much more expensive than Tradestastion. Is that right?

What turns people off Tradestation?

If CQG is in a different league than Tradestation, why is that?

I don't imagine than an almost imperceptible difference in order routing and data speed is going to improve my returns.

That said, I like to have the right equipment, doesn't have to be perfect, just near enough optimal.

Started this thread Reply With Quote
  #18 (permalink)
 xandman 
Chicago IL
 
Experience: Intermediate
Platform: NT CQG TWS
Trading: Futures and FOPs
Posts: 59 since Mar 2014
Thanks Given: 7
Thanks Received: 15

I also noticed the lack of TS users. Most of them are on Tradestation's very own forum.

futures.io (formerly BMT) is primarily NT users. And if you check the breadth and usability of the NT forum, it probably shows why users have gravitated towards futures.io (formerly BMT).

Reply With Quote
  #19 (permalink)
 oceanbreeze 
London UK
 
Experience: Master
Platform: Sierra, NinjaTrader, Interactive Brokers, TradeStation
Trading: several
Posts: 18 since Sep 2014
Thanks Given: 5
Thanks Received: 6


xandman View Post
I also noticed the lack of TS users. Most of them are on Tradestation's very own forum.

futures.io (formerly BMT) is primarily NT users. And if you check the breadth and usability of the NT forum, it probably shows why users have gravitated towards futures.io (formerly BMT).

I like IB/NT with IQFeed, just seems strange to have to use third party front end and third party data to trade with IB.
If you code well enough (it's called EasyLanguage for a reason), it's easy to monitor a handful of futures symbols from Radarscreen. You can code your own signals letting you know where to look. All the time good traders spend waiting for good signals may be better spent executing a good signal on another symbol. That also reduces the tendency to see things that aren't there, to force trades. There are lots of symbols that offer ideal conditions throughout the day. Why stare at just one?

Anyway, with the three moving parts of IB NT and IQFeed, has anyone had any problems, such a freeze ups, trades not going through to IB, etc?

Has anyone had any major problems with Tradestation? Ghostly quiet is you ask that in the Tradestation forum!

Started this thread Reply With Quote
  #20 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,399 since Jun 2009
Thanks Given: 33,175
Thanks Received: 101,541



oceanbreeze View Post

Has anyone had any major problems with Tradestation? Ghostly quiet is you ask that in the Tradestation forum!

Would be better asked in the Tradestation subforum instead of on this thread.

https://nexusfi.com/tradestation/

Mike

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
Thanked by:




Last Updated on December 18, 2019


© 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