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Discount future brokerages that allow inactivity
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Discount future brokerages that allow inactivity

  #11 (permalink)
Elite Member
Indianapolis, IN USA
Trading Experience: Advanced
Platform: Ninjatrader TOS Custom
Broker/Data: Several
Favorite Futures: ES CL ZB
Posts: 376 since Dec 2009
Thanks: 222 given, 377 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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