Just went through this myself. I've used (and still have
accounts with)TD Ameritrade, Tradestation, and IB. TDA has a
very good mobile platform but their executions and commissions are
terrible ($2.25 + exchange fees[another$1.19]=$3.44/lot for
ES futures as well as the pleasure of the platform freezing
when it gets really busy). Tradestation is an excellent
product for charting and programming. I have some IRA
accounts with them. Their options platform is rather good and
their fees are better than TDA. However, you CANNOT
trade
options on futures from the main platform. You
have to have a separate Futures+ account which is web-based and
terrible and not attached to your equity account. I think TS
is $1.25or $1.50/lot
+exchange fees. I recently moved to IB (in September)
and think its great. $.80+$1.24=$2.04/lot for ES futures plus
volume rebates. Don't love their mobile platform for options
or their charts but definitely the most professional desktop
product and the fees can't be beat. Hope this helps!!
Just went through this myself.
PS Can anybody recommend a good futures broker. Doesn't have ...
Posted by pep8261 on 7th of Dec 2017 at 11:49 pm
Just went through this myself. I've used (and still have accounts with)TD Ameritrade, Tradestation, and IB. TDA has a very good mobile platform but their executions and commissions are terrible ($2.25 + exchange fees[another$1.19]=$3.44/lot for ES futures as well as the pleasure of the platform freezing when it gets really busy). Tradestation is an excellent product for charting and programming. I have some IRA accounts with them. Their options platform is rather good and their fees are better than TDA. However, you CANNOT trade options on futures from the main platform. You have to have a separate Futures+ account which is web-based and terrible and not attached to your equity account. I think TS is $1.25or $1.50/lot +exchange fees. I recently moved to IB (in September) and think its great. $.80+$1.24=$2.04/lot for ES futures plus volume rebates. Don't love their mobile platform for options or their charts but definitely the most professional desktop product and the fees can't be beat. Hope this helps!!
Thanks for the replies. Much
Posted by stevieb294 on 8th of Dec 2017 at 07:05 am
Thanks for the replies. Much appreciated. I.B's platform makes my head hurt. But might be OK just to make trades. thanks again.