Houston TX
Legendary Market Wizard
Experience: Advanced
Platform: TT and Stellar
Broker: Advantage Futures
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,041 since Dec 2013
Thanks Given: 4,375
Thanks Received: 10,192
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The exchanges fees for the Micro are half the full size at $2.50 which is $5 round turn alone! The brokers I have talked to are also charging a clearing fee half or higher that of the full size. Hence all-in commissions for the Micro are half (or higher) the full-size despite being 1/50th the size, making it at least 25x more expensive to trade. Hence round turn commissions for the Micro are $75+/per coin or 15 ticks! How people actively trade that I do not know. Rolling positions month to month will kill you.
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