new fees for TF - Emini Index Futures Trading | futures io social day trading
futures io futures trading


new fees for TF
Updated: Views / Replies:8,249 / 35
Created: by Silvester17 Attachments:1

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors – all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you don’t need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • 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.

-- Big Mike, Site Administrator

Reply
 1  
 
Thread Tools Search this Thread
 

new fees for TF

  #21 (permalink)
Market Wizard
Boca Raton
 
Futures Experience: Advanced
Platform: Variety
Broker/Data: Optimus Futures, LLC
Favorite Futures: Futures
 
mattz's Avatar
 
Posts: 2,059 since Sep 2010
Thanks: 1,932 given, 2,781 received
Forum Reputation: Legendary

You can trade on Rithmic without any additional fees for the TF.
Rithmic is an execution quote feed.

The Quote vendor distributors like DTN/IQ, Kinetick, etc which you cannot trade on have to pass on whatever is imposed on by the exchange.

ICE made this rate increase announcement yesterday and until now it was free.

PM with any questions about optimusfutures (800) 771-6748 (561) 367 8686. THERE IS A SUBSTANTIAL RISK OF LOSS IN FUTURES TRADING.
Reply With Quote
The following 2 users say Thank You to mattz for this post:
 
  #22 (permalink)
Elite Member
Quebec
 
Futures Experience: Intermediate
Platform: NinjaTrader wt Rancho Dinero's profiling tools
Broker/Data: Stage 5 trading/AMP/CQG
Favorite Futures: ES, NQ, YM
 
trendisyourfriend's Avatar
 
Posts: 3,697 since Oct 2009
Thanks: 3,041 given, 4,496 received


mattz View Post
You can trade on Rithmic without any additional fees for the TF.
Rithmic is an execution quote feed.

The Quote vendor distributors like DTN/IQ, Kinetick, etc which you cannot trade on have to pass on whatever is imposed on by the exchange.

ICE made this rate increase announcement yesterday and until now it was free.

That's what the Mirus representative meant and had understood. I hope MetalTrade will take note of this

Reply With Quote
The following user says Thank You to trendisyourfriend for this post:
 
  #23 (permalink)
Market Wizard
Boca Raton
 
Futures Experience: Advanced
Platform: Variety
Broker/Data: Optimus Futures, LLC
Favorite Futures: Futures
 
mattz's Avatar
 
Posts: 2,059 since Sep 2010
Thanks: 1,932 given, 2,781 received
Forum Reputation: Legendary



trendisyourfriend View Post
That's what the Mirus representative meant and had understood. I hope MetalTrade will take note of this

You should get advertising dollars from your broker for helping them out. You are a GOOD CUSTOMER!

PM with any questions about optimusfutures (800) 771-6748 (561) 367 8686. THERE IS A SUBSTANTIAL RISK OF LOSS IN FUTURES TRADING.
Reply With Quote
 
  #24 (permalink)
Elite Member
Quebec
 
Futures Experience: Intermediate
Platform: NinjaTrader wt Rancho Dinero's profiling tools
Broker/Data: Stage 5 trading/AMP/CQG
Favorite Futures: ES, NQ, YM
 
trendisyourfriend's Avatar
 
Posts: 3,697 since Oct 2009
Thanks: 3,041 given, 4,496 received


mattz View Post
You should get advertising dollars from your broker for helping them out. You are a GOOD CUSTOMER!

Na! i just do some mind reading.

Reply With Quote
 
  #25 (permalink)
Elite Member
Atlanta, Georgia
 
Futures Experience: Intermediate
Platform: NT
Broker/Data: DDT
Favorite Futures: ZN, ZB
 
cbritton's Avatar
 
Posts: 224 since Mar 2010
Thanks: 152 given, 237 received

TradeStation will start charging $65/month. I won't be continuing this feed. Not that it matters since I don't trade TF.

Regards,
-C

“Strategy without tactics is the slowest route to victory. Tactics without strategy is the noise before defeat.” - Sun Tzu
Attached Thumbnails
new fees for TF-ts_ice.png  
Reply With Quote
 
  #26 (permalink)
Elite Member
CA
 
Futures Experience: Master
Platform: Marketdelta and Ninja
Broker/Data: Velocity
Favorite Futures: NQ
 
Posts: 670 since Apr 2010
Thanks: 64 given, 521 received

Im still doing tests on this instrument.... I recently switched to NQ from ES since it trends better, $70 month is not that big of a deal.
I've seen some people claim they make a 6k+ a month( im not saying who, but some are on this board ), and all of a sudden they can't afford $70...lol
Makes me wonder.

I've also seen some professionals with websites doing the same thing, and they charge their customers $300+ a month), and their dropping it as well. For people that are doing this for a living, i don't see why they consider this to be so expensive. Granted, free is always better, but Its the cost of business.

Reply With Quote
 
  #27 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,238 since Jun 2009
Thanks: 29,350 given, 83,214 received

If I was trading TF the last year or two instead of CL, then clearly $70 is not a big deal. What makes it a "big deal" for me is that I was previously recommending TF to newer traders because I felt it was a good match (lower tick cost, not as fast as an instrument, etc). Now I can't really do that, because most new traders won't pay $70 a month for a single instrument, they will just look elsewhere.

So it's clear that they believe there are enough retail traders that love the instrument to pay for it, or perhaps they believe they don't need as much retail business no matter.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
 
  #28 (permalink)
Elite Member
CA
 
Futures Experience: Master
Platform: Marketdelta and Ninja
Broker/Data: Velocity
Favorite Futures: NQ
 
Posts: 670 since Apr 2010
Thanks: 64 given, 521 received

I absolutely agree with you a 100%, newer traders that are starting to learn with no experience, thats a big one. And i do agree with you in a sense that I think its not a good business move on their end. However, I'm talking about people who consider themselves gurus who trade this instrument almost everyday( although not exclusively), and complaining about the cost, to me it doesn't make sense. $70 is 7 ticks on the TF. Anyone who can trade that instrument, should be able to afford the monthly cost.

I can almost guarantee that you would prob be pissed if you had to pay that much to trade the CL every month, but you would ultimately pay, since its your bread and butter. You wouldn't drop it like a bad habit as soon as you heard the news.
Thats why it was a bit of a shock when i heard that from them.

Reply With Quote
 
  #29 (permalink)
Membership Revoked
 
Futures Experience: Beginner
 
Posts: 1,081 since May 2010
Thanks: 2,092 given, 595 received

I would now advise new traders to trade the NQ instead of the TF.

Reply With Quote
 
  #30 (permalink)
Elite Member
Austin, TX & Las Vegas, NV
 
Futures Experience: Advanced
Platform: Investor RT Pro, NT 7.0
Favorite Futures: ES, DAX, CL, 6E
 
FulcrumTrader's Avatar
 
Posts: 230 since Mar 2010
Thanks: 32 given, 286 received


I don't think the TF data fees should be free (maybe about $20/month) but what I think is a complete joke is a jump up to $70 dollars for a "B" tier instrument. The TF is loaded up with retail traders liquidity and many who are newer to trading. The ICE group is making a dumb move jacking fees for an instrument that is not at all in the league of the ES, ZB, or CL.

Reply With Quote

Reply



futures io > > > > new fees for TF

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

Linda Bradford Raschke: Reading The Tape

Elite only

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

January

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
TradingTechnologies DOM patent and royalty licensing fees NinjaTrader Platforms and Indicators 51 December 20th, 2016 04:59 AM
Exchange, Clearing and Regulatory Fees soroka21 Traders Hideout 5 December 23rd, 2010 12:49 AM
NYSE fees in a Backtest jakeglb Stocks and ETFs Trading 2 December 11th, 2010 03:03 PM
From Card Fees to Mortgages, It's a New Day for Consumers Quick Summary News and Current Events 0 June 25th, 2010 03:30 PM


All times are GMT -4. The time now is 03:56 AM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@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 2017-12-11 in 0.11 seconds with 20 queries on phoenix via your IP 54.226.113.250