[Connected]

I am a new trader looking to open my first brokerage account. I spend the last 7 months demo trading and studying the markets. I read about the emini contracts and it looks like an ideal market to trade for someone like myself.

Im looking for some advice on brokers that offer cheap commisions. What is a good commision rate? Thanks

[Labcast]

If you are looking to trade the eminis, I would say anything under $5 roundtrip for commission is reasonable. Anything over it is too much.

[Maxwell]

Originally Posted by Labcast »

If you are looking to trade the eminis, I would say anything under $5 roundtrip for commission is reasonable. Anything over it is too much.

I agree. Also look into the execution of your broker. You dont want delay when executing an order.

[Piptrader]

Try using a different data vendor and a broker. Also, pick a broker that you can reach in case of an emergency. If they are likely to put you on hold for several minutes, forget about it.