Online broker-dealer and futures commission merchant TradeStation Group, Inc., a fully owned subsidiary of Monex Group, Inc. (TYO:8698), just announced new pricing for futures for all new customers and all existing customers who notify TradeStation they would like to switch to the new pricing.
All customers on this new, simplified futures pricing plan of just $1.50 per contract, per side will pay no monthly service fees for the TradeStation desktop, mobile and web trading apps, and non professional subscribers will pay no fee for real-time market data from the CME, CBOT, NYMEX and COMEX exchanges. Customers will also receive free of charge TradeStation’s RadarScreen® market-monitoring tool and Portfolio Maestro portfolio-level back-testing tool.
To ensure that each customer can choose the commission plan that best suits his or her trading volume and style, TradeStation will continue to offer its tiered futures pricing plan, which offers commissions as low as $.25 per contract, per side, for customers who trade frequently in small-contract lots and wish to avoid higher per-ticket charges.
TradeStation will also continue to offer the ability to trade futures options and futures contracts through its Futures+ Platform, at $1.50 per contract, per side.
Like our recently introduced per-trade equities and options pricing plans, this new futures pricing plan is all about simplicity and value,” said John Bartleman, President of TradeStation Group, Inc. “With one flat rate, it offers an attractive alternative for traders who typically trade less frequently and in smaller blocks of contracts. It also includes – at no additional cost – the award-winning TradeStation platform, advanced trading tools like RadarScreen® and real-time data from the major exchanges. We consider it a great combination for futures traders who crave simplicity and value.