Commodity Trading Online by FarrDirect Commodities Futures Brokers
 
Commodity trading by Farr Financial

Commodity Futures Brokers, Farr Financial

                                                                         Home 
Commission & Fee Schedule

 

Commissions schedule:

Trade all U.S. Electronic Markets for $9.00 commissions per contract. Additional charges will apply including exchange, clearing, NFA, and brokerage commissions.

These FarrDirect commissions are quoted per side for self-directed accounts initially funded with $5,000 or more. Once funded, there are no minimum account balances to qualify for this rate.

The commission rate for accounts opened with less than $5,000 is $14.50 commissions per contract. If you fund a new account with less than $5,000 and build your account balance to $5,000 or more then inform your account representative and we will drop your commission rate to $9.00 commissions per contract and keep it there.

Plans are available for broker-assist and full service accounts. Please inquire for further details and rates.
.



Service Fee Schedule:

Wire Transfer In: No Charge

Wire Transfer Out (Domestic): $40

Wire Transfer Out (International): $60

Check Issued (Domestic or International): No Charge

Check Issued Overnight (Domestic): $40

Check Issued Overnight (International): $60

Deliveries/Retender Up to $250 per contract plus applicable delivery costs stated below.*

Margin Call Deficiency: The greater of $18 or 0.18% of daily margin deficiency

Stop Payment/Insufficient Funds/ Returned Item Fee: $45

Account Transfer In: No Charge

Account Transfer Out: $100

Telephone Orders: $5 per order placed or modified (no charge for canceling orders)




Platform Fees:

Firetip Standard (Desktop, Mobile, and Web): FREE - No Monthly Charge

Firetip Professional: $49/month; no additional per contract platform fee (plus applicable exchange market data fees stated below.**)

Additional Platforms: Other platforms are available. Please consult with your broker for pricing and details.


 

FarrDirect charges fees such as exchange, clearing, brokerage and commission that may change from time to time.

* Certain fees on contracts may exceed $1000.

** Customers of FarrDirect will automatically subscribe to the Firetip Professional version of the platform upon account opening and will be subject to a $49/month platform fee. If you would like to select Firetip Standard or another platform, please do so during the onboarding process. For non-professional traders, effective March 1, 2014, customers that are not currently under the CME’s Market Data waiver program will be required to pay (on behalf of CME Group) $15 per month for Market Depth Data for CME, CBOT, NYMEX, and COMEX. Professional traders will be subject to a higher fee at $85/month for each of the four exchanges.

 


 


Legal Disclosures and Full Disclaimers
| Privacy Policy
Futures and Options trading involves a substantial risk of loss and is not suitable for all investors. Past performance is not indicative of future results. The information and data in this web site’s reports were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any securities or commodities. FarrDirect, its officers and directors may in the normal course of business have positions, which may or may not agree with the opinions expressed in this report. Any decision to purchase or sell as a result of the opinions expressed in this web site’s reports will be the full responsibility of the person authorizing such transaction. FarrDirect is a dba of Ironbeam, Inc.