Tradovate vs ThinkorSwim for Futures Trading

Chuck

Well-known member
I am looking to trade E-Mini Futures, I am presently trading the Micros on TOS, but it is next to impossible to overcome the fees, and slippage. I was considering the E-Mini vs/ the Micros but TOS requires to much capital in the account for my present situation. I was looking at another platform to trade futures on and was wondering if any of you guys have any experience with Tradovate. I am curious about how much it cost in and out of a contract, total fees?
 

Join useThinkScript to post your question to a community of 21,000+ developers and traders.

Alex, I have only traded Micro Eminies, how much is it for a full in and out contract of let’s say /ES Emini future with comics soon and all fees included?
 
Got this from their website:

Your funds are held with the FCM you opened the account with. The official bank depositories are as follows:

  • Dorman Trading LLC
    • USD-BMO Harris Bank N.A.
    • EUR-Barclays Bank PLC
    • AUD-Commonwealth Bank of Australia
  • Phillip Capital Inc.
    • USD-Citibank N.A.
    • EUR-Citibank London
    • AUD-Commonwealth Bank of Australia
    • GBP-Royal Bank of Scotland
 
Ditto..... No complaints, very fast fills, great fee structure. Charting is an acquired taste tho. I use TOS to chart....even though the candle painting can lag at times.
 
I am using Tradovate to buy/sell and TOS to chart. The charts are terrible on Tradovate, but $550 to purchase a E-Mini contract has me using them until I graduate and can do so on TOS.
 
I see the initial as $18,700 for Nasdaq futures on Tradovate. Can anyone confirm trading Nasdaq with a lower initial? (Looking to do 2-3 contracts with 5k funding, considering the day margin is $600 per contract)
 
Nomak, See the margin requirements bellow: https://www.tradovate.com/resources/markets/margin/

Give them a call and let them explain it to you.

Posting this for useful info:

I called, the term "initial" is for those trading between 4pm ET to 6pm ET or carry a trade over 4pm ET. (you can get a margin call warning if you carry over without enough funds)

$600 is for "Day Margins" hours 8am ET to 4pm ET
$1000 is for "Overnight Margins" hours 6pm ET to 8am ET
 

Similar threads

Not the exact question you're looking for?

Start a new thread and receive assistance from our community.

87k+ Posts
283 Online
Create Post

Similar threads

Similar threads

The Market Trading Game Changer

Join 2,500+ subscribers inside the useThinkScript VIP Membership Club
  • Exclusive indicators
  • Proven strategies & setups
  • Private Discord community
  • ‘Buy The Dip’ signal alerts
  • Exclusive members-only content
  • Add-ons and resources
  • 1 full year of unlimited support

Frequently Asked Questions

What is useThinkScript?

useThinkScript is the #1 community of stock market investors using indicators and other tools to power their trading strategies. Traders of all skill levels use our forums to learn about scripting and indicators, help each other, and discover new ways to gain an edge in the markets.

How do I get started?

We get it. Our forum can be intimidating, if not overwhelming. With thousands of topics, tens of thousands of posts, our community has created an incredibly deep knowledge base for stock traders. No one can ever exhaust every resource provided on our site.

If you are new, or just looking for guidance, here are some helpful links to get you started.

What are the benefits of VIP Membership?
VIP members get exclusive access to these proven and tested premium indicators: Buy the Dip, Advanced Market Moves 2.0, Take Profit, and Volatility Trading Range. In addition, VIP members get access to over 50 VIP-only custom indicators, add-ons, and strategies, private VIP-only forums, private Discord channel to discuss trades and strategies in real-time, customer support, trade alerts, and much more. Learn all about VIP membership here.
How can I access the premium indicators?
To access the premium indicators, which are plug and play ready, sign up for VIP membership here.
Back
Top