RT and clearing fees, confused and unsure now - Brokers and Data Feeds | futures.io
futures.io futures trading

Go Back   futures.io

> Futures Trading, News, Charts and Platforms > Traders Hideout > Brokers and Data Feeds

RT and clearing fees, confused and unsure now
Started:February 1st, 2015 (06:19 AM) by ostadler Views / Replies:293 / 1
Last Reply:February 1st, 2015 (06:19 AM) Attachments:0

Welcome to futures.io.

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community. It's free and simple, and we will never resell your private information.

-- Big Mike

Thread Tools Search this Thread

RT and clearing fees, confused and unsure now

Old February 1st, 2015, 06:19 AM   #1 (permalink)
Elite Member
Munich, Germany
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Dorman/Rithmic
Favorite Futures: NQ, CC, ZN, ZB, ZF
Posts: 19 since Mar 2010
Thanks: 3 given, 4 received

RT and clearing fees, confused and unsure now

Hi all,

I never cared that much about broker costs, it was never my goal to get the deepest discount brokerage, so I am with a broker now for quite some time. Today I read the sticky topic "Commission shopping w/brokerages" and read about some fees which only certain broker charge ("clearing fees") and then I got curious as actually I AM charged "clearing fees" and I began to take a close look at my account statements and began calculating my real RT costs (broker commission, clearing fee, exchange fee, transaction fee and NFA fee).
It shows that for ES and NQ I pay $4.83 per round turn. That seems quite high to me, I was checking with other brokerages (especially the new NinjaTraderBrokerage) which would charge only $3.38 per RT (according to their PDF from their website), which would be an ENORMOUS difference.....
So my question is: Am I making a mistake here? Are there any other fees which add up to the $3.38 RT for NinaTraderBrokerage?

Thanks for any answers,

Reply With Quote

Old February 1st, 2015, 06:19 AM   #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.



futures.io > Futures Trading, News, Charts and Platforms > Traders Hideout > Brokers and Data Feeds > RT and clearing fees, confused and unsure now

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Upcoming Webinars and Events (4:30PM ET unless noted)

An Afternoon with FIO trader bobwest

Elite only

NinjaTrader 8: Programming Profitable Trading Edges w/Scott Hodson

Elite only

Anthony Drager: Executing on Intermarket Correlations & Order Flow, Part 2

Elite only

Adam Grimes: Five critically important keys to professional trading

Elite only

Machine Learning Concepts w/FIO member NJAMC

Elite only

MarketDelta Cloud Platform: Announcing new mobile features

Dec 1

NinjaTrader 8: Features and Enhancements

Dec 6

Similar Threads
Thread Thread Starter Forum Replies Last Post
Confused about what Fees I will incur benjjj6 Options on Futures 3 May 27th, 2013 09:40 AM
Confused on the definition of drawdown? Rad4633 Index Futures Trading 4 May 21st, 2012 07:15 AM
[Other]       confused and netrual markets? drolles Platforms and Indicators 4 April 9th, 2012 04:57 PM
Setting up a strategy: confused with all the methods wown NinjaTrader Programming 17 March 9th, 2011 07:08 PM
Exchange, Clearing and Regulatory Fees soroka21 Traders Hideout 5 December 22nd, 2010 11:49 PM

All times are GMT -4. The time now is 09:41 AM.

Copyright © 2016 by futures.io. 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.
no new posts

Page generated 2016-10-22 in 0.07 seconds with 19 queries on phoenix via your IP