Commissions schedule:
Trade all U.S. Electronic Markets for $9.00 commissions per contract. Additional charges will apply including exchange, NFA, brokerage, and 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.
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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
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; (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, brokerage and commission that may change from time to time.
** 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.
Platform Market Data Fees:
Non-Professional Monthly Rates
-Level 1 data: Free
-Level 2 CME/GLOBEX bundle: $32.65
-Level 2 CME: $10.85
-Level 2 CBOT: $10.85
-Level 2 COMEX: $10.85
-Level 2 NYMEX: $10.85
Professional Monthly Rates
-CME: $119.80
-CBOT: $119.80
-COMEX: $119.80
-NYMEX: $119.80
-ICE US: $110.00
-ICE Energy: $125.00
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