Podchaser Logo
Home
Choosing a Futures Broker

Choosing a Futures Broker

Released Tuesday, 14th July 2020
Good episode? Give it some love!
Choosing a Futures Broker

Choosing a Futures Broker

Choosing a Futures Broker

Choosing a Futures Broker

Tuesday, 14th July 2020
Good episode? Give it some love!
Rate Episode

In this episode, we talk about choosing a broker. 

This chat considers the following:

  1. Full service versus discount. 
  2. Commissions rates.
  3. Data fees. 
  4. Other fees.
  5. Access to software. 
  6. Access to data.
  7. Access to markets. 

Questions to consider or ask a potential broker:

  • Do you have day discounted day trading markets? Do they change the commissions you pay? 
  • Do you support exchange traded spreads and spread margins? Examples: calendar spreads NoB, FyT, ZW-KW and 
  • If I have an account in two currencies, one negative and one positive (but net positive overall), am I charged a fee on the negative balance?
  • (If trading options) do you charge round turn upfront for short options? Or do you charge for expiring options?
  • Are there other fees I need to know about?  

Other questions:  

  • Is there a package deal on data? For example, is there a US futures package or a worldwide future package?
  • Can I keep funds in one currency and trade in another without extra fees or penalty?
Show More

Unlock more with Podchaser Pro

  • Audience Insights
  • Contact Information
  • Demographics
  • Charts
  • Sponsor History
  • and More!
Pro Features