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Micro specific brokers


Discussion in Emini and Emicro Index

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Micro specific brokers

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  #1 (permalink)
GreegT
Fernley NV/USA
 
 
Posts: 7 since Nov 2019
Thanks: 3 given, 3 received

Are there any brokers that are cheap for micro's specifically? The commissions just seem to destroy any reason for doing micro over mini. From what i've seen, even though the contract price is 1/10th of the mini, the total commission cost is around 1/3rd. That leaves a significant success requirement on micro vs mini just to overcome commission costs. Despite this, the micros are still heavily traded so I'm hoping there are much better brokers I'm missing. So far i've seen total micro commissions floating around .74 per contract.

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 LonnieMSP 
Minneapolis
 
Experience: Intermediate
Platform: Sierra Chart
Broker: Optimus Futures, TT
Trading: ES, NQ, CL, GC, FGBL, 6E, various others
 
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Posts: 31 since May 2019
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Elite members get 30 days commission free trading via Ironbeam. Note: I do not use (and have not in the past used) Ironbean. When thinking about "cheap" always consider round-trip all-in costs and not simply the commissions.

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