Best Futures Trading Platform

       There are several factors that one needs to consider when choosing the best futures trading platform. One needs to consider issues such as commission per contract, the speed at which the futures trading platform is executing, simplicity and ease of  use as well as analytical trading tools, quality of the customer support and fees among others. This article will take a look at some of the best futures trading platforms as well as giving an insight in some of the factors that were considered in order to come up with list.

Below is a list of the best futures trading platform. The list is not based on merit of the platforms rather it is alphabetical.

1.       TD Ameritrade

2.       MB Trading

3.       E*TRADE

4.       optionsXpress (Charles Schwab)

5.       TradeStation

6.       Interactive Brokers

       Whenever such a list is compiled, the professionals who compile the list consider several factors in order to find the best platforms. They consider several variables which will be covered here in order to settle on the best futures trading platforms. One of the factors to consider when searching for these platforms is the commission of fee per contract. This commission is applied per side, that is buying or selling and its amount varies on different futures trading platforms.

Another factor that one should consider is the fees. This is because one will have to consider the total fees charged in order to select the best platform. The fees are inclusive of the commission, National Futures Association as well as the exchange fees. Another factor to consider is the execution. In the futures trading, a platform with advanced computational capability is better since it will offer the user quick execution. Whenever the markets are in overdrive, slow execution can lead to big losses. This is especially true if there is a surge in the markets as a result of breaking news.