Instead of having a complex rate structure based on volume or account size, we keep it simple.
Generic Trade is a true deep discount futures firm, charging only 59¢ commission for all trades (futures or options on futures) placed on either platform. The only additional transaction fees are those charged by the exchanges and NFA, which apply to all firms. A full description of fees are disclosed below.
Additionally, Generic Trade offers the lowest possible margins allowed by the exchanges and we offer aggressive day trading margins as well.
Commission and fees and are quoted as per contract, per side.