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Infinity/Transact commissions


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Infinity/Transact commissions

  #1 (permalink)
 trader789 
Philadelphia PA
 
Experience: Intermediate
Platform: ts
Trading: es
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Anyone trades MES at Infinity? Please post RT commissions. They are quoting considerably more than any other broker.

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  #3 (permalink)
 
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 Chippstrader 
Randolph+NJ/US
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Experience: Intermediate
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trader789 View Post
Anyone trades MES at Infinity? Please post RT commissions. They are quoting considerably more than any other broker.

I have an account with them and was giving 1.09c per side on NQ100 + Exchange + NFA Fees.

Recently moved over to S5 as I got a good deal with at .50c/side + Exchange + NFA Fees.

Adding some more details.

For Micros I pay around 1.24RT (for .40 Commission+ 0.2 Clearing + NFA0.02) .

For Emini - 1.70RT (for .50 Commission+ 1.18 Clearing + NFA 0.02).

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  #4 (permalink)
 
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 kareem40 
Dallas, TX
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Experience: Intermediate
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IB is .47 each way, but I remember in the past that many brokers ( including Infinity) would match. Or at least come close. S5 where very competitive and seem to have other perks that may help your trading. I would not make commission the only factor.

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  #5 (permalink)
 
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 Sitting Bull 
Saint Malo France
 
Experience: Intermediate
Platform: Sierra Chart
Broker: Infinity / Transact
Trading: ES
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I'm still paying 1.98$ per RT with Infinity for the Micro. Anybody gets a better deal? Or should I definitely go for another broker....

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  #6 (permalink)
 
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 speck 
Kharkiv, Ukraine
 
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I've got 2.50/RT but I barely trade micros (maybe 10 trades a month), so it hardly matters.

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  #7 (permalink)
E Trader
Salt Lake City, UT
 
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I was quoted all in 4.48 per round turn in the /es and 1.74 for the micros.

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  #8 (permalink)
 
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 blackgrey45 
Marco Island, FL
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Experience: Beginner
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I trade micro oil and micro SP contracts with Infinity and pay $0.60 per contract per side.

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  #9 (permalink)
 HiLatencyTRDR HLT 
Midway florida
 
Posts: 462 since Dec 2018

Depending on your volume and account size you should be able to get lower rates.
If you don't trade much it doesn't matter much.

Account size matters because when interest rates are higher the fcm and brokers make more money in interest on your account.

Remember if the risk free tbond rate is 3% a year and you keep 100k with your broker then you are also losing out on 3k a year in risk free interest. The fcm and brokers will share in that if you have an account


What is a large trader?

I would say 1000 round turns should get you reduced rates but it isn't huge but it's big.
Ask your broker they will tell you.

Obviously amp is your cheapest always..I think 84 cents a round turn now in micros but not sure ..s5 maybe u can get 1.12 rt on micros

Other fcm maybe down to a 1.00 round turn on micr

On the minis stock indexes if you are paying over 4 bucks then you are getting bent over by your broker. Should be 3.80 to 3.90 all in if ok price.

Biggest issue I see is the cme exorbitant fees for non members. Absolutely robbery. And the nfa fee has no business increasing 100%!!!! They could have done a fractional
Almost a nickel per trade to the nfa.. how ridiculous and on a micro too that is insane!! The budget of the nfa has tripled and they don't post it readily anymore because it is a sham if u ask me

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Last Updated on July 12, 2022


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