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is not indicative of future performance or success.
There is a substantial risk of loss in trading. You should therefore carefully consider
whether such trading is suitable for you in light of your financial condition. You should read,
understand, and consider the Risk Disclosure Statement that is provided by your broker
before you consider trading. Most people who trade lose money.
I have a question about the commission fee for futures trading on IB that I’d like to ask: For MNQ trading, IB’s official tiered pricing is $0.62 per contract for up to 1000 contracts per month (including $0.25 commission fee, $0.35 exchange fee, and $0.02 regulatory fee). For over 20,000 contracts per month, it’s priced at $0.47 per contract ($0.1 + $0.35 + $0.02). However, when C2 calculates returns for strategies, it uses a fee of $0.47 per contract (I assume this is based on a monthly trading volume of over 20,000 contracts). These two different fees can result in a profit difference of several hundred dollars. I’d like to ask:
Is there any way to enjoy the $0.47 fee rate when trading a smaller volume, for example, 1000-2000 contracts per month?
If there’s no way to get a discounted rate, is C2’s calculation method unreasonable?
The Summary Statistics and the estimated commissions and fees in the summary reports may be missing some of the exchange fees for futures contracts and therefore possibly mislead investors. Typically the investor will pay for routing, clearing, NFA, and exchange fees that the broker will pass to the trader.
Is there a reason that those other fees are not included into the estimated costs?
For instance, Tradovate may add another $0.25 per side for the C2 connection, $0.15 for clearing, $0.37 for exchange and NFS. So in total, the fee may be off by an additional $0.77 per side.
Perhaps a feature could be to allow the Investor and Managers to input a value to adjust the Hypothetical Performance chart, with an adjustable commissions and fees cost.
What contract you are talking about exactly, because collective2 is charging way more for micro contracts for Tradovate $3/RT . And its charging more for regular and emini contracts for IB $8/RT .
