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Discount future brokerages that allow inactivity
Started:April 14th, 2015 (11:35 PM) by ctmvas Views / Replies:955 / 10
Last Reply:April 15th, 2015 (09:05 AM) Attachments:0

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Discount future brokerages that allow inactivity

Old April 15th, 2015, 09:05 AM   #11 (permalink)
Elite Member
Indianapolis, IN USA
Futures Experience: Advanced
Platform: Ninja TOS
Broker/Data: tos
Favorite Futures: ES 6E CL
Posts: 351 since Dec 2009
Thanks: 191 given, 350 received

ctmvas View Post
Crap, you're right Lol. Sorry for the confusion. I guess the next question is, is there a broker that does not pass on this fee?

TD Ameritrade - TOS The trade-off is that you will likely pay higher commissions and have a slightly inferior data feed to work with compared to a boutique discount broker. So, you have to consider your individual situation to decide if it makes sense. If you are a scalper, consistently doing a high number of trades and looking to make a few ticks at time, then you will probably need better data and lower rates. On the other hand, if you are more of a position day trader, where you scale in to positions and plan to hold for longer periods anyway, then the higher commissions and softer data feed from TOS could be offset by not having to worry about monthly inactivity or exchange fees. Good luck.

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