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)
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.