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Date/Time: Mon, 06 May 2024 03:37:44 +0000



Post From: Recommend a broker for futures trading

[2022-06-19 20:25:36]
Rui S - Posts: 175
Hello Anthony.

I have been thinking to open an account with Stage 5 since last year. I actually have exchanged some emails with Michael Henderson about it and maybe the time is coming soon.

If you don't mind, I would take the opportunity to ask you some questions:

and $0.45 commissions on non micros plus exchange and regulatory fees.

1- Could you please inform exactly how much the total amount a NQ Futures contract would cost, including the current exchange and regulatory fees?

2- I remember when I asked Michael 1 year ago there was also a 0.10 cents fee per side for the order routing, charged by Sierra. Does this still apply with Teton?

3- I understand the margin can change each day but could you please give me an idea how much money will I need to have in an account with Stage 5 to be able to trade 10 NQ Futures contracts, considering the current margin these days?

4- I am an European citizen and live in Portugal. I currently have a trading account with IBIE (IB Ireland). Do you know if I can wire transfer funds directly from my IB account to Stage 5 (FCM)?

Or will I have to transfer to my bank account first and then from my bank account to Stage 5 (FCM)?

Thank you.