RT and clearing fees, confused and unsure now - Reviews of Brokers and Data Feeds | futures io social day trading
futures io futures trading

RT and clearing fees, confused and unsure now
Updated: Views / Replies:692 / 1
Created: by ostadler Attachments:0

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 100,000 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 Ė 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 donít 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

Thread Tools Search this Thread

RT and clearing fees, confused and unsure now

  #1 (permalink)
Munich, Germany
Trading 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
  #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 > > > > 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)

futures io is celebrating 10-years w/ over $18,000 in prizes!

Right now

$250 Amazon Gift Cards with our "Thanks Contest" challenge!

Right now

Webinar: The Seven Most Effective Trading Setups w/Peter Davies @ Jigsaw

Oct 17

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 Emini and Emicro 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 07:08 PM. (this page content is cached, log in for real-time version)

Copyright © 2019 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