Interactive Brokers (IBKR) was founded in 1977 by Hungarian-born American billionaire businessman Thomas Peterffy.

* Commissions for futures traders using TradeStationįixed: $1.50 per contract in a single-tier account TradeStation’s margin rate is 25%-50% on select contracts and zero on most contracts. TradeStation’s education section is also well-structured and provides useful information to clients.įor futures, this broker requires its clients to maintain a minimum of $5,000 in their accounts. Rapid execution speeds and real-time market data.Round-the-clock phone support between Sunday 4:45 p.m.Powerful mobile, web and desktop platforms.It offers a variety of advanced features, which include: Originally targeted at high-end expert investors, TradeStation is a leading broker that facilitates stocks, ETFs, options, futures, bonds & fixed income, and mutual fund trades. TD Ameritrade – Best platform for beginners.TradeStation– Competitive rates and great platform.With the aforementioned considerations in mind, here is our list of the best futures trading platforms for 2019. Does the broker offer phone support? How about live chat service? Client support: Last but not least, make sure that your broker is offering good customer support.Ease of use: When searching for a futures trading broker, always choose the one that has an easy understand user interface to help you minimize errors, which can hurt your trades.Trading and research tools: The trading platform that a broker is offering ought to give both beginning and expert traders the tools they need to successfully execute trades.Execution speed: Profitable futures trading requiresinvestors to look for brokerage firms that guarantee fast execution speeds to help the investors make the most of their trades.Ask yourself whether the fees that a broker is charging in return for executing a trade are going to help or hurt you. Commissions and margins: One of the most important considerations when choosing a futures brokerage is how their transaction fees and margins will affect you.What to look for in a futures plat in a platform for futures trading For example, you can hedge a short portfolio with a long position. The contractgives the buyer an obligation to buy a stock (and the seller an obligation to sell a stock) at a specified price at a future point in time.Īn investor with an existing position in a stock, can use a future contract to minimize a loss or protect unrealized gain. What are stock futures?Ī stock future is a contractual agreement between a buyer and a seller. This article will explain what futures trading is and list the best futures trading platform for traders in 2019 with comprehensive reviews of their trading platforms. Well-known examples of futures markets include the Chicago Climate Futures Exchange, the New York Mercantile Exchange, the Minneapolis Grain Exchange, the Kansas City Board of Trade, the Chicago Board of Trade, and the Chicago Mercantile Exchange. Here is a list of our partners.Futures trading has steadily gained more attention over the past few years so we decided to cover the best futures trading platforms on the market.įutures markets offers investors an avenue to speculate on a variety of assets like stocks, indices, currency pairs, and commodities such as metals, crude oil, corn, grain, beef, and pork. Our partners cannot pay us to guarantee favorable reviews of their products or services. This may influence which products we review and write about (and where those products appear on the site), but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. So how do we make money? Our partners compensate us. And while our site doesn’t feature every company or financial product available on the market, we’re proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward - and free. We believe everyone should be able to make financial decisions with confidence. Our estimates are based on past market performance, and past performance is not a guarantee of future performance. Examples are hypothetical, and we encourage you to seek personalized advice from qualified professionals regarding specific investment issues. NerdWallet does not and cannot guarantee the accuracy or applicability of any information in regard to your individual circumstances. They are not intended to provide investment advice. Its articles, interactive tools and other content are provided to you for free, as self-help tools and for informational purposes only. is an independent publisher and comparison service, not an investment advisor.

Futures trading platforms reviews