Congratulations on choosing the Futures market for your trading journey! By making this choice, you’re entering an exciting and dynamic field. This is an important step towards mastering a skill that can help you take control of your financial future. Mastering futures trading can empower you to live life on your terms and grow your trading business.
Think of the Futures market like building a house. No matter how good you are at building, if the ground, the base, and the materials aren’t good, you can’t build a great house. It’s the same with futures trading. If you don’t choose the right broker, a bad broker can slow down your progress or even stop it completely. A good futures trader studies market trends, economic indicators, and contract details to create a strong foundation. With the right approach, your money can grow into a solid and successful future.
For a quick overview, we’ve prepared a handy table with the top regional Futures brokers in the US, Canada, UK, and Australia. If you love diving into details, keep reading! This blog will guide you through the process of analyzing different futures brokers. You’ll learn what to look for and what to avoid when selecting a new broker.
After learning the key metrics and factors to consider, you’ll see our ranked list of the top Futures brokers in each region, with their pros and cons. Whether you’re a professional trader or just starting out, this guide will provide valuable insights to help you make informed decisions on your journey to financial independence.
Before introducing the best brokers for your personal traits and strategy, we will cover how to analyze brokers, what to look for, what to avoid, and how to weigh the pros and cons to choose the best option. We’ll first cover the crucial metrics you should consider for your next brokerage. As the saying goes, “Give a man a fish, and you feed him for a day. Teach a man to fish, and you feed him for a lifetime.”
Table of Contents
How to Pick the Right Futures Broker?
Imagine the Futures market as a grand orchestra, with numerous instruments creating a complex and beautiful symphony. Selecting a good Futures broker is like choosing a skilled conductor to lead this orchestra. Just as a conductor doesn’t play the instruments themselves but guides the musicians to create harmony and balance, a reliable Futures broker provides you with the insights, tools, and support you need to make informed decisions and achieve financial success. Without a dependable broker, you might find yourself out of sync, missing opportunities, and facing unnecessary risks. But what should you look for and avoid when shopping for your new Futures broker?
✔ Select brokers that are regulated by reputable financial authorities and offer strong security measures.
✘ Avoid unregulated brokers or those with a history of security breaches.
✔ Choose brokers with user-friendly, reliable trading platforms that offer all the tools you need.
✘ Avoid platforms that are complex, outdated, or frequently experience technical issues.
✔ Choose brokers that offer a wide range of markets to trade, giving you more opportunities.
✘ Avoid brokers with a limited selection of markets.
✔ Choose brokers that offer robust data and charting tools to help you analyze market trends.
✘ Avoid brokers with basic or unreliable tools.
✔ Look for brokers with low commission fees and tight spreads to keep your trading costs down.
✘ Avoid brokers with hidden fees, unclear pricing structures, or wide spreads that can reduce your profits.
✔ Look for brokers that offer easy and fast withdrawal and deposit options.
✘ Avoid brokers with limited options or lengthy processing times.
✔ Look for brokers with low or no account minimums to make it easier to start trading.
✘ Look for brokers with low or no account minimums to make it easier to start trading.
✔ Look for brokers that offer fast and reliable order execution to ensure your trades are processed quickly.
✘ Avoid brokers known for slow execution speeds that can result in missed opportunities.
✔ Opt for brokers with strong mobile trading capabilities, allowing you to trade on the go.
✘ Avoid brokers with poor mobile app reviews or limited functionality.
✔ Opt for brokers with responsive, helpful customer service available 24/7.
✘ Avoid brokers with poor customer service reviews or limited support hours.
✔ Select brokers with a good reputation in the industry and positive user reviews.
✘ Avoid brokers with a history of complaints or regulatory issues.
Best Futures Brokers
We have probed and analyzed tens of brokers to help you choose your Futures broker with confidence. From our research, we’ve selected the best brokers that cater to early Futures traders. Since your choice heavily depends on where you live, we’ve separated the rankings for each major region to ensure you get the most suitable options tailored to your needs.
Top Futures Brokers for US citizens
The Table below ranks the top Futures Brokers you can use as a beginner Futures trader living in the U.S.
- Covers all trading styles
- Extremely low fees
- Supports all asset classes
Founded in 1978 by Thomas Peterffy, Interactive Brokers has grown into a global brokerage powerhouse, known for its low-cost trading and broad market access. With over 1.6 million client accounts and a daily trade volume exceeding 3 million, Interactive Brokers stands out with its advanced trading tools, including the IBKR Pro and Lite options, catering to both professional traders and retail investors.
Interactive Brokers offers a comprehensive suite of services, from equities and options to futures and forex, ensuring traders have diverse investment opportunities. The platform is also celebrated for its educational resources, making it perfect for traders who value thorough market analysis and sophisticated trading strategies. Whether you’re a seasoned trader or just starting, Interactive Brokers provides the tools and resources necessary for effective trading. It’s particularly well-suited for traders seeking low fees and extensive international market access.
- Low trading fees and margin rates
- Free stock and ETF trading for US clients
- No deposit and monthly inactivity fee
- First withdrawal is free each month
- Minimum deposit only for margin accounts
- Several account base currencies
- Listed on stock exchanges
- Negative balance protection
- Regulated by top-tier financial authorities
- Mobile app is User-friendly, good search function and Touch/Face login
- Desktop platform has a safe two-step login
- Average CFD and Forex fees
- Bank card not available
- Creating a new account is not user-friendly
- Limited order types (on Mobile app)
- No price alerts (on Mobile app and Desktop platform)
- Limited customizability for workspace (on Desktop platform)
- Low trading fees
- Great platform and research
- Quality educational materials
Founded in 2003, NinjaTrader is a leading provider of trading software and brokerage services, catering to thousands of users worldwide. Known for its advanced charting and automated trading strategies, NinjaTrader offers extensive market access and powerful tools for active traders.
NinjaTrader’s platform provides a comprehensive suite of features designed to enhance the trading experience, including real-time market data, advanced analytics, and educational resources. Whether you are a novice or an experienced trader, NinjaTrader offers the tools and support needed to succeed in the competitive world of trading. It’s especially suited for algorithmic traders and those who rely heavily on technical analysis.
- Low trading Commissions & No deposit fee
- Transparent fee structure
- Top-tier financial regulation
- Quick withdrawal, less than 1 business day
- Quality educational materials
- Account opening is fully digital with low minimum deposit
- Desktop platform has a good variety of order types and customization options.
- Desktop platform has great technical analysis tools and clear fee reports.
- Only futures and options on futures
- Not listed on stock exchange
- Financial information is not publicly available
- Credit/Debit card not available
- High withdrawal fee
- Creating an account can be slow
- NinjaTrader is available only on Windows
- No two-step safe login
- Low trading fees and free ACH withdrawal
- Great platform and research
- Fast customer service
Established in 2005, Optimus Futures is a futures brokerage firm that offers competitive pricing and advanced trading platforms. With thousands of clients, Optimus Futures provides extensive market access and powerful tools for active traders. The firm’s commitment to customer service and innovation ensures that clients have the support and resources needed to succeed in futures trading.
Optimus Futures is particularly well-suited for active futures traders in North America seeking competitive pricing and advanced tools. Its user-friendly platform and comprehensive educational resources make it accessible to both new and experienced traders. Whether you’re trading commodities, indices, or financial futures, Optimus Futures provides the tools and support needed for effective trading.
- Low futures fees & No inactivity fee
- Free ACH withdrawal
- Great platform and research
- Quick deposit and withdrawal
- Fast customer service
- Fast and fully digital Account opening with low minimum deposit
- Customizable Desktop Platform with clear fee report and various order types
- Only available for Windows operating system
- Only wire or check withdrawal with high fees
- No investor protection
- No negative balance protection
- Does not hold a banking license
- Credit/Debit card not available
- No Mobile app is currently available
- Desktop Platform interface is slightly complicated with no two-step safe login
- Low trading fees
- Great educational materials
- Good research tools
Launched in 2017, TastyTrade is a trading platform focused on options trading. With a rapidly growing user base, TastyTrade offers advanced options trading tools, competitive pricing, and extensive educational content. The platform’s focus on innovation and customer service has made it a popular choice for options traders.
TastyTrade is particularly well-suited for active options traders in North America seeking advanced tools and comprehensive educational resources. Its user-friendly interface and robust customer support make it accessible to both new and experienced traders. Whether you’re trading options, futures, or stocks, TastyTrade provides the tools and support needed for effective trading.
- Low options trading fees and Free stock trading
- Free and convenient deposit & ACH withdrawals in the US
- No inactivity fee
- High level of investor protection
- Financial information is publicly available (Audited by PwC)
- Fast and fully digital account opening with no minimum deposit
- Convenient Mobile app with Touch/Face ID login and order confirmation
- Customizable Desktop Platform with clear fee report and price alerts
- Great educational materials and research tools
- Few deposit and withdrawal options
- High margin rates for stock trading
- Does not hold a banking license
- Not listed on stock exchange
- Credit/Debit card not available
- High fee for wire withdrawals
- No price alerts in Mobile app
- Limited product selection and No demo account
- Desktop Platform is not suited for beginners
- Great web and mobile trading platform
- High level of investor protection
- High-quality research and education tools
TradeStation Broker has a rich history that dates back to 1982 when it was founded by brothers William and Rafael Cruz. Initially operating as Omega Research, Inc., the company provided advanced trading software that quickly gained popularity for its powerful technical analysis capabilities.
In 2001, Omega Research evolved into TradeStation Securities, offering integrated brokerage services. This transformation allowed TradeStation to merge its cutting-edge software with brokerage operations, providing a seamless experience for traders. Over the years, TradeStation has continued to innovate and expand, becoming a prominent player in the online trading industry, known for its advanced trading technology and comprehensive suite of tools.
TradeStation’s platform is renowned for its powerful features, including advanced charting, technical analysis, and automated trading capabilities. The highly customizable platform allows traders to tailor it to their specific needs, making it a favorite among professional and retail traders alike.
TradeStation offers access to a wide range of markets, including stocks, options, futures, and cryptocurrencies, enabling traders to diversify their portfolios. The platform’s robust research and analysis tools, such as real-time market data, advanced screening, and backtesting capabilities, help traders make informed decisions and develop effective trading strategies.
- High-quality research and education tools
- Low fees for stock index options
- Quick & Free deposit & and ACH withdrawals
- High level of investor protection
- Financial information is publicly available
- Parent company listed on stock exchange
- Easy, Fast and fully digital account opening
- Convenient Mobile app with Two-step safer login and various order types
- Customizable Desktop platform with price alerts and various order types
- Inconvenient deposit and withdrawal process
- Mediocre customer service
- Inactivity fee will be applied
- No negative balance protection
- Does not hold a banking license
- High withdrawal fee (Credit/Debit card not available)
- Only one account base currency
- Mobile app has limited search functions
- Poorly designed & Inconvenient Desktop platform with poor search function
Top Futures Brokers for Canadians
The Table below ranks the top Futures Brokers you can use as a beginner Futures trader living in Canada.
- Covers all trading styles
- Extremely low fees
- Supports all asset classes
Founded in 1978 by Thomas Peterffy, Interactive Brokers has grown into a global brokerage powerhouse, known for its low-cost trading and broad market access. With over 1.6 million client accounts and a daily trade volume exceeding 3 million, Interactive Brokers stands out with its advanced trading tools, including the IBKR Pro and Lite options, catering to both professional traders and retail investors.
Interactive Brokers offers a comprehensive suite of services, from equities and options to futures and forex, ensuring traders have diverse investment opportunities. The platform is also celebrated for its educational resources, making it perfect for traders who value thorough market analysis and sophisticated trading strategies. Whether you’re a seasoned trader or just starting, Interactive Brokers provides the tools and resources necessary for effective trading. It’s particularly well-suited for traders seeking low fees and extensive international market access.
- Low trading fees and margin rates
- Free stock and ETF trading for US clients
- No deposit and monthly inactivity fee
- First withdrawal is free each month
- Minimum deposit only for margin accounts
- Several account base currencies
- Listed on stock exchanges
- Negative balance protection
- Regulated by top-tier financial authorities
- Mobile app is User-friendly, good search function and Touch/Face login
- Desktop platform has a safe two-step login
- Average CFD and Forex fees
- Bank card not available
- Creating a new account is not user-friendly
- Limited order types (on Mobile app)
- No price alerts (on Mobile app and Desktop platform)
- Limited customizability for workspace (on Desktop platform)
- Commission-free stock and ETF trading
- Fast and easy account opening
- Quality analytical tools and excellent education services
- Pays high interest on uninvested cash
Founded in 2018, MooMoo is a trading platform by Futu Holdings, offering commission-free trading and advanced trading tools. The platform’s user-friendly interface and real-time market data make it a popular choice for traders looking for a seamless trading experience. MooMoo’s commitment to providing comprehensive market insights and educational resources helps users make informed trading decisions.
MooMoo is particularly well-suited for retail traders in the Americas and Asia seeking a commission-free trading platform with advanced tools. Its robust customer support and extensive resources make it accessible to both new and experienced traders. Whether you’re looking to trade stocks, options, or ETFs, MooMoo provides the tools and support needed for effective trading.
- Commission-free stock and ETF trading
- Fast and easy account opening with no minimum deposit
- Quality analytical tools and excellent education services
- No inactivity and No deposit fee
- Pays 5.1% on uninvested cash
- High level of investor protection
- Parent company listed on stock exchange
- Mobile app is convenient with good search function and various order types
- Desktop platform is convenient with clear fee report and good workspace customizability
- Limited product portfolio
- Only bank transfer for deposit/withdrawal
- US index option trading carries a contract fee
- No negative balance protection
- Only one account base currency
- High wire withdrawal fee
- Available only in few countries
- No two-step safe login and no Touch/Face ID login for Mobile app
- No two-step safe login for desktop platform
- Free stock/ETF trading and high 5% interest on uninvested cash
- Fast and easy account opening
- Great trading platform
Established in 2017, Webull is a mobile-first brokerage platform known for its commission-free trading and advanced trading tools. With millions of users globally, Webull offers a seamless and intuitive trading experience, providing real-time market data and comprehensive analytics. The platform’s focus on innovation and user experience has made it a popular choice for retail traders.
Webull is particularly well-suited for tech-savvy traders in North America and Asia who value a mobile-first approach and advanced tools. Its user-friendly interface and robust customer support make it accessible to both new and experienced traders. Whether you’re trading stocks, options, or ETFs, Webull provides the tools and resources needed for effective trading.
- Free stock/ETF trading and high 5% interest on uninvested cash
- Fast and easy account opening
- Great trading platforms
- No commission (for stocks, ETFs, options)
- High, 5% interest on cash balance
- ACH transfers are free for funding & payout
- High level of investor protection
- Limited product portfolio
- Only bank transfer for deposit/withdrawal
- Poor phone support
- High wire transfer costs
- No negative balance protection
- Does not hold a banking license
- Not listed on stock exchange
- Low trading fees and free ACH withdrawal
- Great platform and research
- Fast customer service
Established in 2005, Optimus Futures is a futures brokerage firm that offers competitive pricing and advanced trading platforms. With thousands of clients, Optimus Futures provides extensive market access and powerful tools for active traders. The firm’s commitment to customer service and innovation ensures that clients have the support and resources needed to succeed in futures trading.
Optimus Futures is particularly well-suited for active futures traders in North America seeking competitive pricing and advanced tools. Its user-friendly platform and comprehensive educational resources make it accessible to both new and experienced traders. Whether you’re trading commodities, indices, or financial futures, Optimus Futures provides the tools and support needed for effective trading.
- Low futures fees & No inactivity fee
- Free ACH withdrawal
- Great platform and research
- Quick deposit and withdrawal
- Fast customer service
- Fast and fully digital Account opening with low minimum deposit
- Customizable Desktop Platform with clear fee report and various order types
- Only available for Windows operating system
- Only wire or check withdrawal with high fees
- No investor protection
- No negative balance protection
- Does not hold a banking license
- Credit/Debit card not available
- No Mobile app is currently available
- Desktop Platform interface is slightly complicated with no two-step safe login
- Easy and fast account opening
- Free deposit and withdrawal options
- Great research tools
Founded in 2006, AvaTrade is a leading online broker that offers a diverse range of tradable assets, including forex, commodities, indices, and cryptocurrencies. With over 200,000 registered clients worldwide, AvaTrade provides competitive spreads and advanced trading platforms, making it a popular choice for traders of all levels.
AvaTrade is known for its robust educational resources and user-friendly platforms, such as AvaTradeGO and MetaTrader. The broker’s commitment to customer service and continuous innovation ensures that clients have the tools and support they need to succeed in the dynamic world of online trading. AvaTrade is particularly suited for Canadian, European and Asian traders seeking a well-rounded broker with a strong focus on education and support.
- Free deposit and withdrawal options & Low forex fees
- Supports Credit/Debit cards, electronic wallets
- Great research tools & Negative balance protection
- Opening an account is easy, fast, fully digital and requires low minimum deposit
- The mobile app is user-friendly with a good search function and AvaProtect order type
- Desktop platform supports Price alerts, workspace customization and clear fee report
- Only CFDs, forex, and cryptos offered
- Slow withdrawal – over 3 days
- High inactivity fees, Average CFD & FX fees
- Does not hold a banking license
- Not listed on stock exchange
- Financial information is not publicly available
- Mobile app only supports English and does not have a two-step safe login
- Desktop platform has poor design and no two-step safe login
Top Futures Brokers for UK citizens
The table below ranks the top Futures Brokers you can use as a beginner Futures trader living in the UK.
- Covers all trading styles
- Extremely low fees
- Supports all asset classes
Founded in 1978 by Thomas Peterffy, Interactive Brokers has grown into a global brokerage powerhouse, known for its low-cost trading and broad market access. With over 1.6 million client accounts and a daily trade volume exceeding 3 million, Interactive Brokers stands out with its advanced trading tools, including the IBKR Pro and Lite options, catering to both professional traders and retail investors.
Interactive Brokers offers a comprehensive suite of services, from equities and options to futures and forex, ensuring traders have diverse investment opportunities. The platform is also celebrated for its educational resources, making it perfect for traders who value thorough market analysis and sophisticated trading strategies. Whether you’re a seasoned trader or just starting, Interactive Brokers provides the tools and resources necessary for effective trading. It’s particularly well-suited for traders seeking low fees and extensive international market access.
- Low trading fees and margin rates
- Free stock and ETF trading for US clients
- No deposit and monthly inactivity fee
- First withdrawal is free each month
- Minimum deposit only for margin accounts
- Several account base currencies
- Listed on stock exchanges
- Negative balance protection
- Regulated by top-tier financial authorities
- Mobile app is User-friendly, good search function and Touch/Face login
- Desktop platform has a safe two-step login
- Average CFD and Forex fees
- Bank card not available
- Creating a new account is not user-friendly
- Limited order types (on Mobile app)
- No price alerts (on Mobile app and Desktop platform)
- Limited customizability for workspace (on Desktop platform)
- Great trading platform
- Outstanding research
- Broad product portfolio
- Interest paid on uninvested cash
Established in 1992 in Denmark, Saxo Bank is a leading fintech specialist offering multi-asset trading and investment services globally. With over 800,000 clients across 170 countries, Saxo Bank’s state-of-the-art platforms, SaxoTraderGO and SaxoTraderPRO, provide access to a wide range of markets and financial instruments.
Saxo Bank is known for its competitive pricing, comprehensive research tools, and user-friendly interface, making it an ideal choice for both individual investors and institutional clients. Its extensive market coverage and advanced trading platforms make it particularly appealing for European and Asian traders who require a robust and versatile trading environment.
- First-class web trading platform with Superb educational tools
- Great deposit and withdrawal options with no fees
- Inactivity fee charged only after 2 years
- Listed on stock exchange
- Negative balance protection
- Bank card available
- Fully digital account creation with low minimum deposit
- Convenient Mobile app with food search function and Touch/Face ID login
- User-friendly web trading platform with clear fee report and Two-step safe login
- High options, futures and custody fees
- Electronic wallets not available
- Not listed on stock exchange
- No 24/7 customer service
- Minimum deposit high in some countries
- Low trading fees
- Great platform and research
- Quality educational materials
Founded in 2003, NinjaTrader is a leading provider of trading software and brokerage services, catering to thousands of users worldwide. Known for its advanced charting and automated trading strategies, NinjaTrader offers extensive market access and powerful tools for active traders.
NinjaTrader’s platform provides a comprehensive suite of features designed to enhance the trading experience, including real-time market data, advanced analytics, and educational resources. Whether you are a novice or an experienced trader, NinjaTrader offers the tools and support needed to succeed in the competitive world of trading. It’s especially suited for algorithmic traders and those who rely heavily on technical analysis.
- Low trading Commissions & No deposit fee
- Transparent fee structure
- Top-tier financial regulation
- Quick withdrawal, less than 1 business day
- Quality educational materials
- Account opening is fully digital with low minimum deposit
- Desktop platform has a good variety of order types and customization options.
- Desktop platform has great technical analysis tools and clear fee reports.
- Only futures and options on futures
- Not listed on stock exchange
- Financial information is not publicly available
- Credit/Debit card not available
- High withdrawal fee
- Creating an account can be slow
- NinjaTrader is available only on Windows
- No two-step safe login
- Free stock and ETF trading
- Outstanding research
- Great customer service
Founded in 1971, Charles Schwab is a major American brokerage and banking company that provides comprehensive investment services to over 32 million clients. With $7 trillion in client assets, Schwab offers a wide range of financial products and services, including brokerage accounts, retirement planning, and wealth management.
Charles Schwab is known for its low-cost trading, advanced trading platforms, and extensive research tools. The firm’s commitment to customer service and innovation has made it a trusted name in the financial industry, helping clients achieve their financial goals through personalized advice and robust investment solutions. Schwab is particularly well-suited for U.S. investors looking for a reliable and full-service brokerage with extensive resources.
- Commission free stock, ETF and some funds/bonds trading
- No deposit fee
- Outstanding research and learning materials
- Great customer service
- High level of investor protection and Banking background
- Account opening is fast, fully digital and there’s no minimum Deposit for US clients.
- Mobile app is user-friendly, supports Touch/Face ID login and order confirmation
- The desktop platform is user-friendly, customizable, and supports various order types
- High fees for Futures and some mutual funds
- Only US/Canada markets available
- No negative balance protection
- High fee for wire (bank transfer) withdrawals
- $25,000 minimum deposit for non-US clients
- Mobile app does not support price alerts
- Low trading fees and free ACH withdrawal
- Great platform and research
- Fast customer service
Established in 2005, Optimus Futures is a futures brokerage firm that offers competitive pricing and advanced trading platforms. With thousands of clients, Optimus Futures provides extensive market access and powerful tools for active traders. The firm’s commitment to customer service and innovation ensures that clients have the support and resources needed to succeed in futures trading.
Optimus Futures is particularly well-suited for active futures traders in North America seeking competitive pricing and advanced tools. Its user-friendly platform and comprehensive educational resources make it accessible to both new and experienced traders. Whether you’re trading commodities, indices, or financial futures, Optimus Futures provides the tools and support needed for effective trading.
- Low futures fees & No inactivity fee
- Free ACH withdrawal
- Great platform and research
- Quick deposit and withdrawal
- Fast customer service
- Fast and fully digital Account opening with low minimum deposit
- Customizable Desktop Platform with clear fee report and various order types
- Only available for Windows operating system
- Only wire or check withdrawal with high fees
- No investor protection
- No negative balance protection
- Does not hold a banking license
- Credit/Debit card not available
- No Mobile app is currently available
- Desktop Platform interface is slightly complicated with no two-step safe login
Top Futures Brokers for Australians
The Table below ranks the top Futures Brokers you can use as a beginner Futures trader living in Australia.
- Covers all trading styles
- Extremely low fees
- Supports all asset classes
Founded in 1978 by Thomas Peterffy, Interactive Brokers has grown into a global brokerage powerhouse, known for its low-cost trading and broad market access. With over 1.6 million client accounts and a daily trade volume exceeding 3 million, Interactive Brokers stands out with its advanced trading tools, including the IBKR Pro and Lite options, catering to both professional traders and retail investors.
Interactive Brokers offers a comprehensive suite of services, from equities and options to futures and forex, ensuring traders have diverse investment opportunities. The platform is also celebrated for its educational resources, making it perfect for traders who value thorough market analysis and sophisticated trading strategies. Whether you’re a seasoned trader or just starting, Interactive Brokers provides the tools and resources necessary for effective trading. It’s particularly well-suited for traders seeking low fees and extensive international market access.
- Low trading fees and margin rates
- Free stock and ETF trading for US clients
- No deposit and monthly inactivity fee
- First withdrawal is free each month
- Minimum deposit only for margin accounts
- Several account base currencies
- Listed on stock exchanges
- Negative balance protection
- Regulated by top-tier financial authorities
- Mobile app is User-friendly, good search function and Touch/Face login
- Desktop platform has a safe two-step login
- Average CFD and Forex fees
- Bank card not available
- Creating a new account is not user-friendly
- Limited order types (on Mobile app)
- No price alerts (on Mobile app and Desktop platform)
- Limited customizability for workspace (on Desktop platform)
- Great trading platform
- Outstanding research
- Broad product portfolio
- Interest paid on uninvested cash
Established in 1992 in Denmark, Saxo Bank is a leading fintech specialist offering multi-asset trading and investment services globally. With over 800,000 clients across 170 countries, Saxo Bank’s state-of-the-art platforms, SaxoTraderGO and SaxoTraderPRO, provide access to a wide range of markets and financial instruments.
Saxo Bank is known for its competitive pricing, comprehensive research tools, and user-friendly interface, making it an ideal choice for both individual investors and institutional clients. Its extensive market coverage and advanced trading platforms make it particularly appealing for European and Asian traders who require a robust and versatile trading environment.
- First-class web trading platform with Superb educational tools
- Great deposit and withdrawal options with no fees
- Inactivity fee charged only after 2 years
- Listed on stock exchange
- Negative balance protection
- Bank card available
- Fully digital account creation with low minimum deposit
- Convenient Mobile app with food search function and Touch/Face ID login
- User-friendly web trading platform with clear fee report and Two-step safe login
- High options, futures and custody fees
- Electronic wallets not available
- Not listed on stock exchange
- No 24/7 customer service
- Minimum deposit high in some countries
- Commission-free stock and ETF trading
- Fast and easy account opening
- Quality analytical tools and excellent education services
- Pays high interest on uninvested cash
Founded in 2018, MooMoo is a trading platform by Futu Holdings, offering commission-free trading and advanced trading tools. The platform’s user-friendly interface and real-time market data make it a popular choice for traders looking for a seamless trading experience. MooMoo’s commitment to providing comprehensive market insights and educational resources helps users make informed trading decisions.
MooMoo is particularly well-suited for retail traders in the Americas and Asia seeking a commission-free trading platform with advanced tools. Its robust customer support and extensive resources make it accessible to both new and experienced traders. Whether you’re looking to trade stocks, options, or ETFs, MooMoo provides the tools and support needed for effective trading.
- Commission-free stock and ETF trading
- Fast and easy account opening with no minimum deposit
- Quality analytical tools and excellent education services
- No inactivity and No deposit fee
- Pays 5.1% on uninvested cash
- High level of investor protection
- Parent company listed on stock exchange
- Mobile app is convenient with good search function and various order types
- Desktop platform is convenient with clear fee report and good workspace customizability
- Limited product portfolio
- Only bank transfer for deposit/withdrawal
- US index option trading carries a contract fee
- No negative balance protection
- Only one account base currency
- High wire withdrawal fee
- Available only in few countries
- No two-step safe login and no Touch/Face ID login for Mobile app
- No two-step safe login for desktop platform
- Free stock/ETF trading and high 5% interest on uninvested cash
- Fast and easy account opening
- Great trading platform
Established in 2017, Webull is a mobile-first brokerage platform known for its commission-free trading and advanced trading tools. With millions of users globally, Webull offers a seamless and intuitive trading experience, providing real-time market data and comprehensive analytics. The platform’s focus on innovation and user experience has made it a popular choice for retail traders.
Webull is particularly well-suited for tech-savvy traders in North America and Asia who value a mobile-first approach and advanced tools. Its user-friendly interface and robust customer support make it accessible to both new and experienced traders. Whether you’re trading stocks, options, or ETFs, Webull provides the tools and resources needed for effective trading.
- Free stock/ETF trading and high 5% interest on uninvested cash
- Fast and easy account opening
- Great trading platforms
- No commission (for stocks, ETFs, options)
- High, 5% interest on cash balance
- ACH transfers are free for funding & payout
- High level of investor protection
- Limited product portfolio
- Only bank transfer for deposit/withdrawal
- Poor phone support
- High wire transfer costs
- No negative balance protection
- Does not hold a banking license
- Not listed on stock exchange
- Low trading fees
- Great platform and research
- Quality educational materials
Founded in 2003, NinjaTrader is a leading provider of trading software and brokerage services, catering to thousands of users worldwide. Known for its advanced charting and automated trading strategies, NinjaTrader offers extensive market access and powerful tools for active traders.
NinjaTrader’s platform provides a comprehensive suite of features designed to enhance the trading experience, including real-time market data, advanced analytics, and educational resources. Whether you are a novice or an experienced trader, NinjaTrader offers the tools and support needed to succeed in the competitive world of trading. It’s especially suited for algorithmic traders and those who rely heavily on technical analysis.
- Low trading Commissions & No deposit fee
- Transparent fee structure
- Top-tier financial regulation
- Quick withdrawal, less than 1 business day
- Quality educational materials
- Account opening is fully digital with low minimum deposit
- Desktop platform has a good variety of order types and customization options.
- Desktop platform has great technical analysis tools and clear fee reports.
- Only futures and options on futures
- Not listed on stock exchange
- Financial information is not publicly available
- Credit/Debit card not available
- High withdrawal fee
- Creating an account can be slow
- NinjaTrader is available only on Windows
- No two-step safe login
Final Words
Choosing the right Futures trading broker is essential for achieving success in your trading endeavors. Thoroughly examining the features, fees, and regulatory compliance of different brokers will enable you to make a well-informed choice that aligns with your requirements. No matter if you’re trading in the US, UK, Canada, or Australia, there are top-notch brokers available to guide you to potential profits in the Futures market. Keep in mind that selecting the right broker can significantly impact your trading experience, so invest the necessary time and effort in making the best choice.
FAQ
It very much depends on your trading style and where you live, but in general, Interactive Brokers provide the overall best services for Futures traders around the world.
The best broker mostly depends on the user preferences, but for US citizens, brokers like Interactive Brokers, NinjaTrader, Optimus Futures, tastytrade, and TradeStation are among the best brokers.
The best broker mostly depends on the user preferences, but for Canadians, brokers like Interactive Brokers, moomoo, Webull, Optimus Futures, and AvaTrade are among the best brokers.
The best broker mostly depends on the user preferences, but for UK citizens, brokers like Interactive Brokers, Saxo, NinjaTrader, Charles Schwab, and Optimus Futures are among the best brokers.
The best broker mostly depends on the user preferences, but for Australians, brokers like Interactive Brokers, Saxo, moomoo, Webull, and NinjaTrader are among the best brokers.
