Great News for IB Customers, effective April 12th, 2010, Futures Commissions are being REDUCED!
In-case you were wondering, Interactive Broker's (IB) old commission schedule use to be almost identical to Tradestations'. The New commission schedule will make IB much cheaper for those traders trading only 1,000 sides per month.
Here's is Tradestation's Commission schedule (what IB use to charge for ES)
I wonder if Tradestation will be lowering there rates now too?
I hope so.
I will be giving an in depth comparison of the best futures broker based on Commissions next week, so stay tuned.