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The Best Futures Brokers in 2024 

An Overview of the Best Futures Brokers in 2024

Here, you can learn more about the features of our top-rated Futures brokers.

BrokerMinimum depositFuture Fee ClassFuture MarketsWithdrawal FeeTime to Open an Account
NinjaTrader$0 Low7$0 1-3 days
Interactive Brokers$0 Low32$0 1-3 days
Optimus Futures$500 Low14$20 1 day
Plus500$100 Low-$0 1 day
Saxo$0 High28$0 1 day
Swissquote$0 Average6$10 1 day
tastytrade$0 Low8$0 1 day
TradeStation$0 Low11$35 1 day
E*TRADE$0 Average60+$0 1-3 days
TD Ameritrade$0 High70+$0 1-3 days

Trading Fees at the Best Futures Brokers

The fees associated with a trade, including spreads, commissions, and other trading costs, are crucial factors when selecting a broker. To assist you in making an informed decision, we have calculated a benchmark fee encompassing the most significant futures trading costs. The table below details the total expenses for trading 10 futures contracts, including spreads, commissions, and other associated costs.

BrokerUS Micro E-Mini Stock Index FutureUK Stock Index FutureGerman E-Mini Stock Index Future
NinjaTrader$3.5 $12.9 $12.9
Interactive Brokers$0.25 $21.3 $8.6
Optimus Futures$2.5 $7.5 -
Plus500$4.9 --
Saxo$30.0 $37.5 $43.2
Swissquote$19.9 -$10.8
tastytrade$8.5 --
TradeStation$5.0 --
E*TRADE$15.0 --
TD Ameritrade$22.5 --

Non-trading fees at the Best Futures Brokers

Non-trading fees are charges that are not directly tied to individual trades. These typically include account maintenance, deposit/withdrawal fees, and inactivity fees. The table below provides information on the non-trading fees of the top futures brokers, helping you make an informed choice.

BrokerAccount FeeDeposit FeeWithdrawal FeeInactivity Fee
NinjaTraderNo $0 $0 Yes
Interactive BrokersNo$0 $0 No
Optimus FuturesNo$0 $20 No
Plus500No$0 $0 Yes
SaxoNo$0 $0 No
SwissquoteNo$0 $0 $10
tastytradeNo$0 $0 No
TradeStationNo$0 $35 Yes
E*TRADENo$0 $0 No
TD AmeritradeNo$0 $0 No

Can I Trust These Futures Brokers?

Can I trust these futures brokers? The answer depends on several factors: the regulatory oversight of the brokers, the protections available to investors, and the brokers’ track records. The information provided below will help you assess their reliability.

BrokerEstablishment YearTop-tier RegulatorsInvestor ProtectionInvolved in the scandal
NinjaTrader2003CFTC in the US and member of the NFANo investor protectionNo
Interactive Brokers1978FCA in the UK, SEC in the US, and ASIC in Australia$500k (up to $250k on cash) to US clients. No
Optimus Futures2004CFTC in the US and member of the NFANo investor protectionNo
Plus5002008FCA in the UK, ASIC in Australia, and MAS in Singapore£85k to UK, €20k to EU clients, and $0 to other clientsNo
Saxo1992FSA in Denmark, FCA in the UK, FINMA in Switzerland and ASIC in Australia$100k cash and €20k securities to most EU clients.No
Swissquote1996FINMA in Switzerland and FCA in the UKCHF 100k for cash at the Swiss entity, £85k at the UK entity, HKD 500k at the Hong Kong entity, and none of the other entities.No
tastytrade2017SEC and FINRA in the US, ASIC in the Australia$500k (including $250k for claims for cash) to the global clients except for Australian clients.No
TradeStation1982SEC and FINRA in the US$500k (securities up to $500k, cash up to $250k)No
E*TRADE1982SEC and FINRA in the US$500k (including $250k for claims for cash) to the USNo
TD Ameritrade1974SEC, CFTC in the US, SFC in Hong Kong, and MAS in Singapore$500k (including $250k for claims for cash) to the US, £85k to the UK, and a minimum €20k to EU countriesNo

The Best Futures Brokers Snapshot

NinjaTrader
NinjaTrader
Minimum Deposit$0
Deposit MethodsBank transfer
Withdrawal MethodsBank transfer
Time to Open an Account1-3 days
Demo AccountYes (Free 15 day)
Customer Services24/5, via Live chat, Phone and Email
Interactive Brokers
Interactive Brokers
Minimum Deposit$0                                                                                                                                         
Deposit MethodsBank transfer
Withdrawal MethodsBank transfer
Time to Open an Account1-3 days
Demo AccountYes
Customer Services24/5, via Phone, Live chat, and Email
Optimus Futures
Optimus Futures
Minimum Deposit$0
Deposit MethodsBank transfer
Withdrawal MethodsBank transfer
Time to Open an Account1 day
Demo AccountYes (Free 30 day)
Customer Services24/7, via Phone, Live chat, and Email
Minimum Deposit$100
Deposit MethodsWire Transfer, Moneybookers, Skrill, Credit Card, PayPal
Withdrawal MethodsWire Transfer, Moneybookers, Skrill, Credit Card, PayPal
Time to Open an Account1 day
Demo AccountYes
Customer Services24/7, via Live chat and Email
SAXO Bank
SAXO Bank
Minimum Deposit$0
Deposit MethodsBank transfer, Credit/debit cards
Withdrawal MethodsBank transfer
Time to Open an Account1 day
Demo AccountYes
Customer Services24/5, via Phone, Live chat, and Email
Swissquote
Swissquote
Minimum Deposit$0
Deposit MethodsWire Transfer, Credit Card, Visa, Mastercard
Withdrawal MethodsWire Transfer, Credit Card, Visa, Mastercard
Time to Open an Account1 day
Demo AccountYes
Customer Services24/5, via live chat, Phone and Email
Tastytrade
Tastytrade
Minimum Deposit$0
Deposit MethodsBank Transfer
Withdrawal MethodsBank Transfer
Time to Open an Account1 day
Demo AccountNo
Customer Services24/5, via live chat, Email and Fax
TradeStation
TradeStation
Minimum Deposit$0
Deposit MethodsBank Transfer
Withdrawal MethodsBank Transfer
Time to Open an Account1 day
Demo AccountYes
Customer Services24/5, via live chat, Phone and Email
Minimum Deposit$0
Deposit MethodsBank Transfer
Withdrawal MethodsBank Transfer
Time to Open an Account1-3 days
Demo AccountNo
Customer Services24/7, via Phone, Live chat, and Email
TD Ameritrade
TD Ameritrade
Minimum Deposit$0
Deposit MethodsBank Transfer
Withdrawal MethodsBank Transfer
Time to Open an Account1-3 days
Demo AccountYes
Customer Services24/7 Customer support via Phone, Live chat, and Email

Methodology

To choose the best Futures broker, we thoroughly check, verify, and compare the elements that we consider to be the most important to consider when choosing an excellent broker. This includes the benefits, drawbacks, and overall grades determined by our research. Our goal is to help you find the ideal broker for your investor needs. You can read more about our methodology by visiting this page.

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