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 per side 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 (ranging from $.17 to $2.10 – subject to change), which apply to all firms. A full description of fees are disclosed through the links below.
Additionally, Generic Trade offers the **lowest possible futures margins allowed by the exchanges and we offer aggressive day trading margins as well.
Finally we request that all visitors review our additional fee link below to ensure that they are aware of any fees that may be charged (i.e wire fee, liquidation fee, phone orders, platform, stop payment fee, etc.).
*Commission and fees and are quoted as per contract, per side and for options, both sides are charged upon entry and none on exit. **Margins are subject to change at any time, without notice.