The best futures trading platforms are Interactive Brokers, TD Ameritrade, TradeStation, eTrade, and Charles Schwab. eTrade has the best web-based futures trading platform. Interactive Brokers offers the best pricing for professional investors. TradeStation has an excellent platform and low commissions.
Each futures trading broker has strengths and weaknesses. This article discusses the best brokers for futures trading.
Below is Our List of The Top 5 Trading Platforms for Futures Trading:
- Interactive Brokers – Best pricing for professional investors
- TD Ameritrade – Best desktop platform for futures trading
- TradeStation – Best platforms with low commissions
- eTrade – Best web platform for futures trading
- Charles Schwab – Best balanced offering
|RANK||BROKER||GENERAL||PLATFORM SCORE||BEST FOR||WEBSITE|
|#1||Interactive Brokers||Premium services and tools||4.9 / 5||Best pricing for professional investors||Official website|
|#2||TD Ameritrade||Top choice for beginner futures trading investors||4.7 / 5||Best desktop platform||Official website|
|#3||TradeStation||Reliable tools and learning materials.||3.7 / 5||Best platforms with low commissions||Official website|
|#4||eTrade||Excellent choice for beginner and professional investors||4.5 / 5||Best web platform for futures trading||Official website|
|#5||Charles Schwab||Flagship downloadable platform||4 / 5||Best balanced offering||Official website|
Our Top 5 Trading Platforms for Futures Trading:
01. Interactive Brokers: Best Futures Trading Offer For Professionals
Interactive Brokers is one of the best brokers for futures trading with premium services and tools. This brokerage firm offers many research and learning tools for professional investors.
Interactive Brokers offers a premium futures trading experience. It provides access to charting, market data, and many other tools. This broker uses premium technology to offer the best online trading experience.
02. TD Ameritrade: Best Futures Trading Desktop Platform
TD Ameritrade is a top choice for beginner futures trading investors. It has a dedicated learning center, user-friendly platforms, and many research tools.
This broker offers the best futures trading desktop platform. It is customizable and has easy access to many trading tools. TD Ameritrade is a popular choice for new traders, as it has many videos and tutorials.
03. TradeStation: Best Futures Trading Platforms With Low Costs
TradeStation is a technology leader offering some of the best futures trading platforms. It has many account tiers to suit all trading styles.
This broker has three trading platforms suitable for futures trading. It offers access to an industry-leading desktop platform with reliable tools and learning materials. TradeStation has low commissions, being a top choice for traders at all levels.
04. eTrade: Best Web Platform For Futures Trading
eTrade has a versatile portfolio with many proprietary platforms. It offers access to two mobile apps, a web, and a desktop platform. It is an excellent choice for futures trading for both beginner and professional investors.
eTrade provides access to beginner-friendly tools and platforms. It has many research tools, including watch lists and market research. eTrade has the best web platform for futures trading.
05. Charles Schwab: Best Balanced Offering
Charles Schwab is a leading full-service brokerage firm. It is a top choice for all traders because it has eliminated many common fees.
This broker has many futures trading platforms. It offers a flagship downloadable platform, StreetSmart Edge, and the All-in-One Trade Ticket. Each platform is reliable and easy to understand.
Risks and Tools For Futures Trading
Futures trading is risky and not recommended for everyone. It involves the use of leverage and volatile assets, which is why we recommend it for experienced investors. Interactive Brokers, TD Ameritrade, TradeStation, eTrade, and Charles Schwab, are the best brokers for futures trading.
How Does a Futures Trade Get Executed?
Trading futures is possible with a funded online brokerage account. You’ll need margin and futures trading approval. When your account is approved, you should research and establish which contract you want to trade. Fill the order ticket and place the trade. Keep in mind that each futures contract has distinct margin requirements. Read our in-depth reviews to learn more about futures trading and online brokers.
What Type Of Account Is Needed To Trade Futures?
A margin account is necessary to trade futures with an online broker. The margin requirements vary based on the instrument you want to trade. Check our in-depth reviews for additional information on futures trading and margin account.
How To Pick A Futures Broker?
Choosing a futures broker might be a challenging task. It is recommended to research and read about online brokers and their services. The main criteria you should focus on are your needs, expectations, and goals. Keep in mind that you shouldn’t invest too much capital if your financials are limited.
The main aspects to consider when choosing a futures trading broker are:
- Trading fees
- Trading style
- Money you are willing to invest
Investing comes with some risks, so it is best to opt for a broker with top-tier regulations. Verify our in-depth reviews to learn more about brokerage firms and futures trading.
What Is Futures Trading?
A futures contract is a legal agreement to buy or sell an asset at a predetermined price and a specified time in the future between parties not known to each other. Investors choose to trade futures contracts as a manner to speculate on the future price of a security or commodity. Traders are allowed to choose almost any type of asset, including market indices, commodities, metals, and currencies.
Interactive Brokers, TD Ameritrade, TradeStation, eTrade, and Charles Schwab, are the best brokers for futures trading. Our top choice for professional traders is Interactive Brokers, as it offers premium trading tools. TD Ameritrade has the best platforms and learning tools for beginner investors. eTrade offers the best web platform for futures trading.
We review futures trading brokers with real money and accounts. We use 105 criteria, including safety, platforms, and tools.
Futures trading fees vary from one brokerage firm to another. These can range from less than one dollar for most commodity futures to as high as $10 per contract when trading bitcoin futures. Read our in-depth reviews to discover more information on futures trading and fees.
You should choose a trading platform suitable for your trading experience and style. For example, Interactive Brokers has the lowest trading costs, but its platforms are created for professionals. TD Ameritrade has beginner-friendly platforms and tools, but its pricing is more expensive. Check our in-depth reviews for more details on futures trading and online brokers.
Yes, futures trading is risky. It involves volatile assets and the use of leverage. Read our in-depth reviews to learn more about brokerage firms, futures trading, and risks.
The mission of Business24-7 is to provide comprehensive, unbiased ratings and reviews of online providers. User experience, the mobile experience, customer service, costs and fees, security, the quality of trade executions, the products available on their platforms are all part of our six-month evaluation of a providers’s platform. The rating scale was based on thousands of data points that have been weighted into the scoring system.
Providers were also required to fill out a multi-point survey regarding every aspect of their platform. In-person demonstrations and evaluations were provided by the majority of the online providers we reviewed.
Stefan Grasic, along with our team of industry experts, conducted our reviews and developed this methodology for ranking what form is used in online investing.
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All trading involves risk. More than 80% of investors lose in spread bet and CFD trading. As these complex instruments allow for the use of leverage, there is a high risk of losing more money than you have deposited. Before attempting to participate in spread bets and CFDs, consider how well you understand them and if you can afford to lose your money.
- 1 Below is Our List of The Top 5 Trading Platforms for Futures Trading:
- 2 Our Top 5 Trading Platforms for Futures Trading:
- 2.1 01. Interactive Brokers: Best Futures Trading Offer For Professionals
- 2.2 02. TD Ameritrade: Best Futures Trading Desktop Platform
- 2.3 03. TradeStation: Best Futures Trading Platforms With Low Costs
- 2.4 04. eTrade: Best Web Platform For Futures Trading
- 2.5 05. Charles Schwab: Best Balanced Offering
- 2.6 Risks and Tools For Futures Trading
- 2.7 How Does a Futures Trade Get Executed?
- 2.8 What Type Of Account Is Needed To Trade Futures?
- 2.9 How To Pick A Futures Broker?
- 2.10 What Is Futures Trading?
- 2.11 Final Verdict
- 2.12 FAQ