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Best Futures Brokers

Explore the best futures brokers & trading platforms, comparing fees, features, assets, and support for well-informed trading decisions.

The rapidly evolving technology has significantly reshaped the financial market landscape. Futures have become a valuable trading tool accessible to traders from diverse asset backgrounds. Achieving success in futures trading involves several vital components. Among them, choosing the right and best future trading platforms stands out as a pivotal factor.

A few decades ago, all futures trading was conducted face-to-face within physical exchanges. With the emergence of trading platforms, the loud traders and animated hand signals that once defined futures trading pits have become reminiscent of a bygone era.

The Best Futures Brokers Of 2024

Listed below are 11 of the top futures brokers in 2024, derived through extensive research and testing. In the following section, we’ll explore each of these futures platforms individually, reviewing their fees, features, and asset selection.

  1. eToro – Leading futures broker that offers features like smart portfolios 
  2. Interactive Brokers – The most popular online brokerage for professional futures traders
  3. Forex.com – Overall the best futures trading platform for advanced Forex solutions
  4. E*TRADE – The best futures trading platform for futures education 
  5. TD Ameritrade – Arguably the best platform for mobile futures traders
  6. CMC Markets – Global futures broker with excellent pricing and over 12000 tradable assets
  7. Plus500 – The leading futures broker for non US mobile users
  8. AvaTrade – One of the best futures trading platform that offers MT4/MT5 support
  9. XTB – The most popular futures broker of 2024
  10. Fidelity – One of the most trusted futures trading platform
  11. Saxo Bank – One of the best futures trading platform that offers outstanding research 

Review of The Best Futures Trading Platforms 

In our quest to identify the best futures trading platforms, we conducted a comprehensive analysis considering various factors. This encompassed an in-depth pricing analysis, ranging from contract charges to margin rates.

We explored factors like the scope of investment options and the platform’s suitability for micro and small-scale trading. Our analyses extended to evaluating the platforms, considering their trading tools, research capabilities, user-friendliness, and the diversity of order types.

The review of the best futures brokers of 2024 caters to new and experienced traders. It will help you find the right platform to suit your futures trading journey.

1. eToro – The best futures trading brokers with social trading experience

eToro stands out as the best future trading platform in 2024, with an innovative trading platform and growing asset lineup. The top crypto exchange and trading platform does not directly provide futures contracts but offers Contracts for Difference (CFDs) that replicate the functionalities of futures. The platform facilitates trading over 2,300 assets, including equities, commodities, indices, Bitcoin and top Altcoins.

Best Futures Brokers

Platform Overview

With a presence in over 140 countries, eToro exemplifies its capacity to cater to a diverse array of users. This futures broker ensures a seamless trading encounter, as users can trade via web browsers or smartphones. Both platforms provide real-time price charts, diverse technical indicators, and a social media ‘newsfeed.’ This allows traders to express their insights and viewpoints concerning specific assets.

The flagship offering of eToro is the innovative social investing tool, CopyTrader. It boasts a reputation as one of the world’s best copy trading platforms. It offers access to a diverse pool of verified investors. This functionality enables traders to mirror their selected investor’s asset transactions seamlessly. Users can effortlessly locate and emulate investors to replicate their trades. Leveraging criteria such as investor star ratings, coin preferences, and performance indicators would be beneficial.

eToro - Best Stock Futures Brokers

The process is fully automated, allowing eToro users to include or exclude assets from their copy trading portfolio whenever required. However, this dynamic function is available solely for cryptocurrencies. The minimum investment for copy trading stands at a mere $200. Smart portfolios require a minimum investment of $500.

An additional standout aspect of eToro is its smart portfolios – professionally curated collections of assets aligned with distinct markets. Examples include renewable energy, driverless cars, artificial intelligence, social media, e-commerce, and the metaverse.

eToro ensures regular rebalancing of these intelligent portfolios, fostering a genuinely passive investment experience. 

This best trading platform in Australia combines with eToro copy trading and Smart Portfolio feature. eToro future broker also provides a free demo account for new traders looking to test the platform before trading real money. Fore more details some readers may find our eToro review quite useful.

eToro Future Platform Pros and Cons

Pros:
  • Overall Best Future Broker 2024
  • The platform supports commission-free stock trading for the US and international exchanges
  • Option to buy and sell 3,000+ stocks for just $10
  • Heavily regulated with multiple tier-one licenses
Cons:
  • Lacks powerful financial calculators and research tools
Range of Offerings Users can trade over:

  • 2,300+ financial instruments
  • 2,090 stocks
  • 24 cryptocurrencies
  • 265 ETFs
Pricing 
  • 0% commission on all stocks and ETFs
  • No withdrawal fees, but there is a $30 withdrawal minimum
  • $10 monthly inactivity fee
  • $75 transfer fee for account transfers
Account Minimum
  • $10 for US/UK clients
  • $50 for other nationalities
Key Features
  • Offers portfolio automation through Smart Portfolios
  • Provide CopyTrader features

Your capital is at risk. 79% of retail investor accounts lose money when trading CFDs with this provider.

2. Interactive Brokers – One of the best futures brokers for global traders

Interactive brokers or IBKR leads the list of best futures trading platforms of 2024. It is one of the biggest US-based lowest-spread brokers. The platform enables clients to engage in trading across a diverse spectrum, including stocks, options, futures, forex, cryptocurrencies, bonds, and funds. This comprehensive access spans 150 markets conveniently managed through a unified and integrated account.

Interactive Brokers Top Futures Brokers

Platform Overview

Interactive Brokers presents a cost-effective fee structure catering to futures traders, ranging between USD 0.25 and 0.85 per contract. This facilitates trading in global commodity futures and options across over 30 market centers. They provide remarkably competitive margin rates, starting from as low as 4.58% or even less.

The platform equips traders with robust tools like ComboTrader, SpreadTrader, and Index Arbitrage Meter, enhancing the efficiency of futures trading. Interactive Brokers also offers educational resources to facilitate a smoother learning curve.

This leading futures broker platform boasts multiple key features and analytical tools, making it a top choice for experienced traders. Investors with a sustainability focus will find satisfaction in the Impact Dashboard and accompanying app.

This resource aids in assessing assets from the perspective of socially responsible investing (SRI). The Trader Workstation (TWS) downloadable platform addresses the needs of professional traders and savvy investors. It offers advanced technical and fundamental trading tools and comprehensive research capabilities.

Interactive Brokers presents two primary pricing structures: IBKR Pro, tailored for professionals, and IBKR Lite, designed for casual investors. The platform primarily serves a clientele comprising professional traders and institutional investors like hedge funds.

Interactive Brokers – Pros and Cons 

Pros:
  • Highly efficient automated trading strategies
  • Offers lower commissions for high-volume traders
  • Offers an array of trading options
  • Provides a demo account for paper trading
Cons:
  • Not the best for beginners
  • Lacks robust customer support
  • No access to international exchanges
Range of Offerings Users can trade over:

  • 46,000 mutual funds
  • 35+ futures markets
  • 135 international markets in 33 countries
Pricing 
  • Pricing varies 
  • Offers fee-free stock and ETF commissions for IBKR LITE clients 
  • Charges commissions for US equities ($0.85 per contract for USD-denominated futures)
  • Has no inactivity fees
  • Requires no fees to close or transfer an account
Account Minimum $100
Key Features
  • Global market access
  • Educational materials
  • Advanced analytical tools and features

3. Plus 500 – Best futures brokers of 2024 for less-experienced traders 

Plus500 stands as a trusted global futures trading platform that presents a user-friendly trading interface for online traders. The futures trading platform provides the convenience of share trading through the Plus500 Invest platform. It offers an extensive array of CFDs through its distinct Plus500 CFD platform.

This internationally recognized CFD brokerage is publicly listed on the London Stock Exchange’s Main Market and operates under the oversight of various regulatory bodies. The UK’s Financial Conduct Authority (FCA) and Cyprus Securities and Exchange Commission (CySEC) are notable among these authorities.

Plus500 Future Broker

Platform Overview

Plus500 holds regulation and licensing across all the jurisdictions it operates in. Traders from over 50 nations can engage in the platform with a sense of assurance. This broad coverage is supplemented by its service being accessible in 32 distinct languages. A comprehensive range of order types and margin trading tools are provided to enhance individual risk management and safety. The implementation of segregated account measures ensures the security of all trader funds.

This best futures trading platform boasts an Invest Platform. It is designed to facilitate share dealing with a substantial offering of over 2,700 financial instruments. This platform includes the added benefits of complimentary market data and round-the-clock customer support. However, it’s important to note that Plus500 Invest is accessible only in specific countries.

Plus500 platform caters primarily to seasoned traders who have the capability to research and analyze markets independently. It’s important to note that the steep learning curve might present challenges for novice traders just starting out.

Plus500 Pros and Cons

Pros:
  • Easy-to-use platform and functional platform
  • Offers free and unlimited demo account
Cons:
  • Corporate or company trading accounts are unavailable.
  • Lacks robust customer support
Range of Offerings
  • More than 2,000 CFDs
  • Access to 63 futures markets
Pricing 
  • Charges an inactivity fee
  • No deposit or withdrawal fee
  • 0% commissions
Account Minimum
  • $100
Key Features
  • Offers advanced analytic tools 
  • Has an Invest Platform for share dealing 
  • Offers an exclusive trading tool, Insights
  • Has push notifications based on market events

4. Forex.com – Best futures trading platform with a range of trading instruments

Forex.com tops the list of best futures trading platforms in 2024. This futures broker is known for providing an exceptional trading experience to forex and CFD traders worldwide. It boasts an extensive array of markets and offers a collection of proprietary trading platforms, along with limited access to the widely acclaimed MetaTrader platform.

forex.com Top Future Broker

Platform Overview

Forex.com caters to a diverse range of traders, aiming to access a broad spectrum of products and asset classes. This makes the platform a suitable choice for various trading preferences. However, it aligns well with high-volume traders. 

FOREX.com’s educational resources align with industry norms and are thoughtfully structured. Clients can conveniently access content based on their experience level or thematic interests. It is important to note that all content, except for “technical analysis” topics available on the platform, is exclusively accessible through the website.

The range of products and services accessible through FOREX.com depend upon your location and the regulated entity holding your account. For instance, CFDs are not offered in the US due to regulatory constraints. For traders residing outside the US, an extensive array of more than 4,500 CFDs is at their disposal. In specific regions like Japan, Singapore, and Australia, knock-out options have become available on the FOREX.com platform.

Forex.com ranks as the best futures broker in 2024, thanks to its comprehensive offerings for forex trading. It boasts competitive forex fees, an extensive selection of currency pairs, and a robust array of technical research tools. The fees associated with Stock CFDs are relatively high.

Forex.com Pros and Cons

Pros:
  • Offers a wide range of education and research tools
  • All the contracts are standardized
Cons:
  • The product portfolio is limited to forex and CFDs
  • The desktop platform is not user-friendly
Range of Offerings
  • Offers access to 5,500+ trading products
  • Five markets are available to trade
Pricing 
  • Does not charge a withdrawal fee
  • Has low stock index CFD fees
  • Charges inactivity fees
  • Charges $1.29 commission per side & contract
Account Minimum         $100
Key Features
  • Exclusive trading tools like TradingView
  • Crypto trading available on the MT5 platform
  • Provide ‘smalls market’ futures

5. E*TRADE – The best futures brokers for E-Mini Contracts

E*TRADE is one of the year’s top-performing and best futures broker platforms of 2024. It boasts a platform or mobile app that suits the demands of novice and adept traders. The E*TRADE Web platform and the mobile app offer real-time quotes and market commentary. It provides stocks, exchange-traded fund screeners, and comprehensive account management features.

E*TRADE platform

Platform Overview 

E*TRADE provides a diverse range of 60 futures contracts for trading purposes. These contracts encompass various options, including bitcoin futures and market indices. E*TRADE offers continuous 24/6 trading sessions via its Power E*TRADE mobile app and Power E*TRADE desktop application. Notably, the cost structure involves a fee of $1.50 per contract applicable to futures and options on futures transactions.

 E*TRADE stands out for its exceptional educational materials, commission-free structure, robust portfolio-building utilities, and an extensive array of mutual funds to choose from.

The platform incorporates customizable attributes, including the capability to curate watchlists. This empowers you to swiftly trade securities from your watchlist by simply clicking the corresponding trade button. This streamlined process enables you to enter the market with speed and effectiveness.

This best futures trading platform utilizes an advanced smart order routing system engineered to execute investor trades with minimal market impact. The execution quality performance of E*TRADE encompasses market order sizes spanning from 100 to 9,999 shares.

E*TRADE provides round-the-clock access, spanning 24/6, to the futures markets. It includes a team of specialized experts to address relevant inquiries. E*TRADE stands out as a top-tier broker for micro e-mini futures. It allows traders to track price fluctuations in the S&P 500 and NASDAQ with a notably low tick value.

E*TRADE Pros and Cons

Pros:
  • The platform is regulated by the top-tier SEC and FINRA in the US
  • Has numerous free stock and ETF trading
  • Has the best watch lists in the business, with exceptional legibility and customization.
Cons:
  • Has high fees for non-free mutual funds
  • There are no cryptocurrencies for trade
Range of Offerings Has three markets for trade
Pricing 
  • Requires no minimum deposit 
  • Charges no inactivity fees
  • Charges commission of $1.50 per contract
Account Minimum N/A
Key Features
  • Has several E-mini contracts

6. TD Ameritrade – One of the biggest stockbrokers in the US 

TD Ameritrade shines as the best futures trading platform, tailored for newcomers and active traders. This platform stands out with its low to no fees and absence of minimum balance prerequisites. Notably, most of the available mutual funds fall within the no-transaction fee category. This makes TD Ameritrade an attractive option for traders seeking to minimize fees on mutual fund investments.

TD Ameritrade Future Platform

Platform Overview 

TD Ameritrade is recognized as one of the most robust and best futures trading platforms. One reason for this is its extensive array of account choices and investment options. TD Ameritrade accounts lack minimum requirements and a consistent emphasis on low fees.

For active traders, the platform offers a wealth of advanced tools. This includes sophisticated charting features, stock screeners, and tailor-made bond-specific attributes. Novice users can tap into the platform’s substantial collection of educational materials and comprehensive research resources.

TD Ameritrade presents a range of versatile individual and joint brokerage accounts, distinguished by their lack of mandatory minimum deposits. The notable feature of commission-free trades extends to US-listed stocks, ETFs, and options.

The educational content provided by TD Ameritrade is truly exceptional, characterized by its extensive coverage and depth of material. For more seasoned traders, the renowned “thinkorswim” platform offers a wealth of benefits. This includes a potent blend of high-quality research tools, efficient screening functions, and valuable financial calculators, adding to a comprehensive trading experience.

This top futures broker platform ensures a secure trading environment. It is operated under the vigilant oversight of premier U.S. regulators, including the SEC and FINRA. Clients benefit from robust investor protection measures, apart from negative balance protection.

TD Ameritrade Pros and Cons

Pros:
  • Offers top-notch stock trading options, coupled with minimal trading expenses
  • Provides a wide array of educational resources
  • Has dedicated futures specialists to deal with queries
Cons:
  • It does not offer fractional shares and hedge funds
  • Most of broker-assisted trades are relatively expensive
Range of Offerings Access to over 70+ futures contracts 
Pricing 
  • Charges no inactivity fees
  • Requires no withdrawal fees
  • Charges $2.25 fee per contract 
  • Charges exchange and regulatory fees
Account Minimum N/A
Key Features
  • Has good charting tools
  • “thinkorswim” trading platform was voted as the number one active trading platform by Barron’s
  • Offers Premier List

7. CMC Markets – Best futures trading platform with an extensive range of offerings

Although not classified as the best futures trading platform, CMC Markets holds a prominent position as a leading brokerage. It excels in the provision of CFD trading services. As mentioned before, CFDs can mirror the functionality of futures contracts, often accompanied by more accessible entry points.

CMC Markets

Platform Overview

CMC Markets caters to a wide spectrum of traders. This spans from beginners in the retail trading sphere who are eager to enter the realms of online trading surrounding forex, CFDs, and spread betting to seasoned veterans aiming to explore an extensive range of trading products.

With a solid global reputation, CMC Markets instills confidence through its reliability. The platform’s remarkable trading experience is enriched by competitive pricing and over 12,000 tradable instruments.

CMC Markets empowers clients to trade an expansive portfolio of over 11,500 financial instruments within its offerings. This diverse range encompasses equities, currencies, ETFs, bonds, and cryptocurrencies, contributing to the platform’s comprehensive trading landscape.

CMC Markets’ mobile app showcases a sleek and user-friendly design. The platform has an array of research tools, robust charts, ready-made watchlists, seamlessly integrated news updates, and educational resources, among other features.

CMC Markets stands as a formidable contender in the industry, rivaling the best future trading platforms. It caters to forex and CFD traders with an extensive range of educational resources presented in diverse formats. These encompass written articles, video updates, informative podcasts, and interactive live webinars. It showcases the platform’s commitment to delivering comprehensive and versatile educational support.

CMC Markets Pros and Cons

Pros:
  • Robust customer support by phone, email, and live chat
  • CMC Markets is a regulated broker in the UK
  • Offers more than 10,000 trading instruments to trade.
Cons:
  • Does not offer services to US clients
Range of Offerings Access to over 11,500+ financial instruments to trade
Pricing 
  • Charges a ÂŁ10 per month
  • 0% commission
  • Charges withdrawal fees depending upon the method
Account Minimum N/A
Key Features
  • Stockbroking Limited – offers a full suite of investment products 
  • The platform supports PayPal deposits

8. AvaTrade – Top futures trading platform with 15 years of industry experience

AvaTrade is an international contract for difference (CFD) broker established in 2006. It initially operated under the name AvaFX. With a presence spanning over a decade, AvaTrade has garnered considerable recognition, with a user base exceeding 300,000 individuals.

AvaTrade Futures Broker

Platform Overview 

It is one of the best futures trading platforms catering to investors focused exclusively on derivative instruments like CFDs and Forex options. The process of opening an account with AvaTrade is quite simple and uncomplicated.

As highlighted in their promotional materials, AvaTrade offers a range of deposit and withdrawal methods. These come without any associated charges. AvaTrade provides intuitive search features, educational resources, and daily market analysis tools, enhancing the user experience for traders.

Based on user reviews, AvaTrade has received positive feedback for several features. Some of them include its swift registration procedure, cost-effective trading fees, competitive spreads, and a reasonable minimum deposit requirement of $100 for e-wallets and credit or debit card transactions.

The platform also has an innovative risk management tool called AvaProtect. The tool is available on AvaTradeGO and their online platform AvaTrade WebTrader. It protects beginners and professional clients against losses of up to $1000000 within a chosen time frame.

AvaTrade asserts its operation as a regulated broker across seven distinct countries. This includes jurisdictions like Ireland, Australia, and Japan, among others. Its commitment extends to delivering a user-friendly trading platform with competitive spreads indicative of favorable fee structures.

AvaTrade Pros and Cons

Pros:
  • Customer support is available in several languages
  • Competitive spread with many platforms
Cons:
  • Withdrawals can take up to 10 days
  • Does not have stop-loss
Range of Offerings Access to over 700+ financial instruments
Pricing 
  • Charges high inactivity fee ($50 per Quarter)
  • Requires no withdrawal fees
Account Minimum $100
Key Features
  • Highly competitive spread
  • Has a zero-commission approach

9. XTB – One of the leading futures brokers of 2024 that boasts advanced analytical tools

XTB has gained significant popularity as one of the best futures trading platforms and is known for its comprehensive market coverage. It facilitates trading across a multitude of global markets. This includes a wide range of assets, like stocks, forex, commodities, indices, and cryptocurrencies.

XTB Platform

Platform Overview

This leading futures broker ensures an inclusive user experience catering to traders across all skill levels. It begins right from the account opening stage. Registering and completing the KYC procedures is a seamless process and takes less than five minutes. There is no obligatory minimum deposit to fulfill.

Deposits are hassle-free, with real-time debit/credit cards and e-wallet processing. After funding the account, users have the flexibility to choose their preferred device for trading. Be it through mobile apps, web browsers, or desktop software. Users can enjoy a consistent, seamless, and effortless trading experience regardless of the chosen option.

XTB offers a unique feature in the form of its proprietary trading platform, xStation 5. xStation 5 is positioned as one of the premier software platforms for futures trading. This platform closely mirrors the functionality of MetaTrader 5. The primary reason for this is its extensive array of technical indicators and risk management tools. Accessible through web browsers and mobile devices, this platform provides convenient trading options across multiple devices.

However, it’s crucial to note that XTB enforces minimum trade requirements across a majority of supported markets. These requirements often surpass those of other platforms within this trading arena. For instance, individuals interested in trading US-listed stocks are obliged to fulfill a minimum of $50. While future broker platforms like eToro set lower minimums at $10.

XTB Pros and Cons:

Pros:
  • Has low spreads for global futures markets
  • Provides free stocks/ETFs up to €100k monthly volume
  • One of the best high-leverage brokers
Cons:
  • Does not accept US clients
  • Traders do not own the underlying asset since only CFDs are available

10. Fidelity – Best low-cost broker platform with industry experience 

Next on the list of best futures trading platforms of 2024 is Fidelity. Fidelity does not provide direct access to futures contracts. It is a value-oriented online futures trading platform that provides:

  • Commission-free trades
  • Cutting-edge research capabilities
  • Exceptional trading utilities
  • A user-friendly mobile application

Fidelity stands out as a highly secure brokerage option for investments. Being an industry leader, it boasts an exceptional reputation. The platform operates under full regulation by reputable bodies like the SEC and FINRA in the United States. This best futures trading platform has a vast user base of over 40 million. Fidelity also manages an impressive portfolio of assets with a total of over $9.9 trillion under administration.

Fidelity Platform

Platform Overview 

Fidelity leading futures broker enhances user support by providing a robust array of resources and tools tailored to investors and traders. This includes educational materials, portfolio analysis tools, detailed reports, calculators, and highly effective screeners designed to identify specific securities within an asset class.

It is important to note that traders looking for futures, options on futures, or commodities trading will need to explore alternative platforms, as these offerings are not available through Fidelity.

Fidelity’s website offers comprehensive resources for everyday investors seeking portfolio management tools. 

It offers an Active Trader Pro platform that provides a wealth of trading utilities for active traders. However, it’s worth noting that the platform’s performance can feel uneven, potentially due to its Java foundation. But this is different in HTML5-based platforms as they deliver smoother experiences.

Fidelity’s educational resources cater to a diverse range of individuals. The platform excels at structuring content into organized learning paths with built-in progress monitoring. Content is conveniently categorized by experience level, subject matter, and format, encompassing articles, videos, webinars, infographics, courses, and even podcasts, all accessible to customers.

Fidelity Pros and Cons:

Pros:
  • Offers a wide range of services
  • Provides commission-free stock, ETF, and options trades
Cons:
  • Lacks a standalone mobile app for active trading
  • Has a relatively high broker-assisted trade fee

11. Saxo Bank – Best futures broker with low forex and fund fees

Rounding off our list of best futures platforms is Saxo Bank. It offers three different deposit methods: bank transfer, stock transfer, and credit/debit cards. Transaction fees may hinge on the transaction’s currency rather than the account’s currency. Cash transfers have no charges.

The trading fees depend on the trader’s tier and their selection of asset classes. The fee structure includes a combination of spreads, commissions, and overnight charges applicable to leveraged products. Saxo Bank boasts low Forex spreads in comparison to alternative online brokers. The actual fees traders pay are subject to variation and depend on the specific asset class they are engaging with.

Saxo Bank Platform

Platform Overview 

Saxo’s primary platform, SaxoTraderPRO, is tailored for advanced traders and can be downloaded for use. SaxoTraderGO is accessible via the web and offers practical trading functionalities, an intuitive interface, and a reliable mobile app. These proprietary platforms are augmented by Saxo’s inclusion of third-party tools, enriching the trading experience. And providing APIs that clients can leverage to create custom applications.

Saxo Markets caters primarily to advanced traders. It provides an extensive range of brokerage services tailored to sophisticated active traders, professionals, investors, and institutions.

Individuals with smaller accounts might face specific challenges, such as elevated account minimums, diverse fees, and limited customer support alternatives.

Saxo Markets is under the regulation of the Financial Conduct Authority. It stands out as a prominent regulatory body in the United Kingdom. FCA is also known internationally for its rigorous surveillance to ensure equity in market operations for individuals and businesses alike. Regulated by a respected government-affiliated agency significantly contributes to solidifying a firm’s reputation and trustworthiness.

Saxo Markets Pros and Cons

Pros:
  • Accepts several major currencies and charges no conversion fees
  • Offers multiple free educational courses
  • Offers over 35,000 tradable instruments and allows traders to invest in asset classes as per their choice
Cons:
  • It does not offer guaranteed stop-loss protection
  • High minimum deposit
  • Does not offer a live chat facility
Range of Offerings Access to over 300+ assets 
Pricing 
  • Charges $4 per contract for USD-denominated futures
  • Has average trading fees
  • Charges inactivity fees
  • Requires no withdrawal fees
Account Minimum $500
Key Features
  • Offers high-security features 
  • Offers several trading instruments 

Comparison Of The Best Futures Trading Platforms 

Prospective traders searching for the best futures brokers should thoroughly assess various elements characterizing each platform. These elements encompass the diversity of assets available for trading, the intricate framework dictating pricing, and the minimum deposit requirement. The combined influence of these factors holds the potential to exert a substantial impact on one’s trading endeavors over an extended period.

To help you out in the decision-making process, we have compiled the crucial benchmarks of all the 11 best futures trading platforms below:

Platform

Number of Futures Contracts Available 

Pricing Structure

Minimum Deposit Required 

Key Features

Interactive Brokers Provides access to 2,300+ financial instruments to trade 0% commission
(Charges commissions for U.S equities ($0.85 per contract for USD-denominated futures)
$10
  • Supports 24 base currencies 
  • Has low margin rates
eToro N/A (Various markets and more than 2,000 CFDs available) 0% commission on all stocks and ETFs $10 for US/UK clients

$50 for other nationalities

  • Integrated Social News Feed Component
  • Extensive Array of Smart Portfolios
  • Offers copy trader functionality
Forex.com Offers access to 5,500+ trading products

Five markets are available to trade

$1.29 commission per side and contract $100
  • Offers ‘smalls market’ futures
  • Is regulated worldwide
TD Ameritrade 70+ $2.25 fee per contract apart from the exchange and regulatory fees N/A
  • Vast Repository of Educational Materials
  • Prominent ‘Thinkorswim’ Trading Platform
  • Clear and Transparent Fee Arrangement
E*TRADE Three markets available to trade $1.50 per contract N/A
  • Offers several E-mini contracts
  • Provide advanced  tools for analysis
  • Flat-fee of $1.50 per contract
CMC Markets Access to over 11,500+ financial instruments to trade 0% commission N/A
  • The platform supports PayPal deposits
  • Stockbroking Limited – offers a full suite of investment products 
Plus500 More than 2,000 CFDs available 0% commission $100
  • Has an Invest Platform for share dealing 
  • Has push notifications based on market events
  • Offers an exclusive trading tool, Insights
AvaTrade Access to over 700+ financial instruments 0% commission $500
  • Adopts a commission-free methodology
  • Subject to regulation by the Central Bank of Ireland
XTB Access to 63 futures markets 0% commission  None
  • Offers free demo account with $100,000 in paper trading funds
  • Advanced trading platform – xStation 5
Fidelity Offers 2,500+ financial instruments to trade 0% commission on US-based equities N/A
  • Facilitates entry into global markets
  • Has features like  Fidelity Bloom app
Saxo Bank  300+ $4 per contract for USD-denominated futures $500
  • Wide range of advanced trading tools
  • Offers high-security features 

Comparison of Fee Structures Of The Best Futures Brokers & Trading Platforms 

When selecting futures trading platforms, understanding the fee structure is paramount. The way fees are assessed can significantly impact your overall trading costs and ultimately influence your trading strategy.

Below, we have outlined the fee structures of the above-mentioned best 11 futures trading platforms to help you make an informed decision:

Trading Platform Monthly Account Fee
Interactive Brokers No account fees
eToro No account fees
Forex.com  No account fees
E*TRADE No account fees
TD Ameritrade No account fees
CMC Markets  Pro platform costs $49 per month
Plus500 No account fees
AvaTrade No account fees
XTB No account fees
Fidelity  Service fee of up to 0.35% per month
Saxo Bank  No account fees

How To Choose The Best Futures Brokers

Futures Brokers App

Selecting the appropriate broker and an optimal platform has the power to make success or failure in the investment arena. This holds doubly true for futures trading, a domain characterized by heightened volatility. In this context, subpar platform performance could lead to substantial missed opportunities.

There are several ways to make this decision. Looking at the broker’s track record, regulatory status, fee structure, and reputation are some of them. To help you simplify this process, let’s delve into the key factors to look for while selecting the best futures trading platform.

Offers Full-Featured Trading Platform

The best futures brokers offer a comprehensive trading platform with features like digital instruments, enabling effortless research, trade customization, execution, and market tracking. Swift price updates, real-time news, cutting-edge research, and complete technical and statistical data are essential for informed decision-making.

Brokerage Fees

Fee structures hold significant importance. Whether you prefer self-directed or broker-assisted trading, prioritize firms with clear pricing and robust market history. Remember, the cheapest choice isn’t necessarily the finest; assessing the value you receive in terms of support, advanced trading platforms, brokerage expertise, and more is crucial.

Cutting-Edge Options And Advanced Trading Tools

Futures trading platforms tailored for seasoned traders include an intuitive execution dashboard supported by supplementary tools, analytics, and order entry choices for both online and mobile trading. Brokerages are increasingly introducing platforms with social features. This enables sharing of trades, potentially generating subscription income. Skilled traders can swiftly amass followers, earning passive revenue by sharing their trades and strategies.

Trading tools can provide valuable assistance and interactive price charts enriched with diverse technical indicators. Certain brokers, such as eToro, offer features that automate trading, similar to top-notch trading robots.

Regulation and Security

The best futures trading platform would be regulated by reputable financial authorities such as the SEC, CFTC, or FCA. Regulation ensures the platform adheres to industry standards and safeguards your investments.\

Available Markets

It is always best to assess the range of futures markets available on the platform. Consider whether it covers commodities, currencies, indices, and other assets that align with your trading strategy.

Minimum Deposit

Novice traders often find collaborating with brokers with low minimum deposit requirements advantageous. This facilitates gradual learning with minimal investment. Notably, brokers like eToro set their minimum deposit thresholds at just $20. This makes entry into their platforms exceptionally accessible for beginners.

Offers A Demo Account

Best Futures Brokers for Demo Account

A demo account provides a risk-free environment for practicing trading with virtual funds. It’s a valuable tool for getting familiarized with the platform’s functionalities and for testing various trading strategies without risking real money.

Almost all future trading platforms covered in this guide provide a complimentary demo account that accurately replicates the complete trading process. This feature simplifies the shift to live trading, ensuring a smoother transition for traders.

Robust Customer Support 

Customer Support assumes a paramount role in the decision-making process. Opt for a platform with reliable support available during market hours. It’s crucial to select a platform that offers accessible assistance through a dedicated helpline. This helps in ensuring immediate help for any inquiries or software-related concerns. The best futures brokers offer live chat support, which makes it easy to receive tailored help.

Payment Methods

The majority of futures brokers facilitate payments through credit/debit cards and bank transfers, often including select e-wallet options. Credit/debit card and e-wallet deposits are typically processed instantaneously, offering swift access to funds. Bank transfers often require several business days for processing, resulting in a delayed arrival of funds.

Regular Updates 

The best futures trading platform undergoes consistent updates, which is a positive sign. Such updates signify ongoing development and enhancement efforts. A reputable platform developer values customer input, regularly incorporating new features and tools based on feedback. This would help in ensuring continuous improvement of the software.

Strong And Easy-to-use Mobile Applications

Given the inherent volatility of the futures market, the capacity to trade on mobile devices is indispensable. For instance, eToro stands out with dedicated mobile apps, offering condensed versions of their web-based platforms. These apps empower traders to swiftly buy and sell assets with just a few taps, providing unparalleled convenience.

Custom Strategies

In recent times, custom order strategies have surged in popularity. The capability to execute market transactions with automated profit and stop-loss orders is an essential feature of the best futures trading platform. Ensure that your chosen platform provides this tool, sparing you from manually placing such orders for each trade.

Steps To Begin Trading Futures with Regulated Future Brokers

Now, you are aware of the best futures trading platform of 2024 and the key criteria to look for while choosing them. As we conclude our guide on the best futures brokers, it’s crucial to provide an overview of the investment process.

By taking eToro as an example, let us explore the key steps to start trading with a regulated broker platform. However, note that steps might vary depending upon the brokerage platform of your choice.

Step 1 – Open a Trading Account

Users should visit eToro’s website and click on the “Trade Now” button. On the next page, enter a valid email address and select a password for your account. eToro will then send a verification email to validate the account opening process.

Step 2 – Account Verification  

Navigate to eToro’s trading dashboard and click on ‘Complete Verification.’ Follow the prompts to provide the necessary personal information required for the broker’s Know Your Customer (KYC) checks.

Also, upload proof of identification (such as a passport) and proof of address (such as a bank statement).

Step 3 – Deposit Funds

Upon successful verification, access eToro’s dashboard and click on the ‘Deposit’ option. Input the desired funding amount, with a minimum of $10.

Step 4 – Search for Futures assets

Within eToro’s trading platform, utilize the search bar to enter the name of the asset you intend to trade. Upon its appearance, select the asset to proceed.

Step 5 – Begin Future Trading

To begin a trade, click either the ‘Buy’ or ‘Sell’ button once more.

What Matters Most When Trading Futures Contracts?

In the realm of futures trading, the relevance of specific broker characteristics varies based on individual traders’ preferences and priorities. What holds utmost significance to one trader might hold a differing level of importance for another. This divergence is clearly evident when considering aspects such as trading platforms. 

This principle extends to various other broker attributes. A trader who primarily engages in high-frequency trading could place a heavier emphasis on commission rates and order execution speed, while a long-term investor might focus more on the diversity of available assets and the quality of research resources.

One aspect that can trigger significant concerns for traders is often high commissions and margin fees. Choosing a broker solely for its low costs might not be the wisest approach, although the appeal of avoiding unnecessary expenses is hard to ignore. That’s why it’s vital to know exactly how much will be taken from each trade right from the start.

Best Futures Brokers 2024 – Conclusion

Futures have captured the interest of countless investors thanks to their distinct benefits and features. In the dynamic world of trading, choosing the right futures trading platforms or brokers is paramount. The best futures brokers allow you to invest in assets not found in regular stock markets or easily accessible places.

Our Pick for the best futures brokers in 2024 is eToro. This is because eToro offers commission-free future trading most of assets and the minimum deposit os $10.

After rigorous analysis of various factors, we’ve arrived at a conclusion for the best futures brokers of 2024. These 11 platforms combine transparent pricing, a user-friendly interface, comprehensive trading tools, and robust customer support.

Futures trading carries risks as investors use substantial margins in their trades. Selecting a broker with abundant educational materials is wise if you’re considering futures trading. Experiment with a “practice” platform and experiment with futures trading without using real money until you’re completely confident.

Remember, your trading journey’s success hinges on partnering with the right broker. The above-mentioned best futures trading platforms offer a winning formula to achieve your trading goals.

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FAQs About the best futures Trading Platforms

Who is the best futures trader in the world?

Paul Tudor Jones stands out as a preeminent figure in the world of futures trading, celebrated for his remarkable success and widespread recognition. His prominence stems from his notable accomplishments, particularly his financial triumphs amid the tumultuous 1987 market crash.

Futures trading platforms are online software tools that allow traders to buy and sell futures contracts on various financial assets, such as commodities, currencies, and indices. These platforms offer a user-friendly interface to execute trades, access market data, and perform technical analysis.

To find the best platform, assess your trading goals and preferences. If you prioritize a specific asset class, ensure the platform offers a diverse selection in that area. Analyze the fee structure to align with your trading frequency, and choose a platform that provides tools and resources matching your analysis style.

No, not all platforms are regulated. It's recommended to opt for platforms regulated by reputable financial authorities. Regulatory oversight adds a layer of security and ensures adherence to industry standards and practices.

To begin, choose a reputable platform that aligns with your trading preferences. Open an account, complete the necessary verification processes, and fund your account with the minimum deposit. Explore the platform's features, educate yourself through available resources, and start executing trades.

Yes, you can switch platforms if you find another one better suited to your needs. However, transitioning to a new platform may involve transferring funds and adjusting to a different interface. It's recommended to thoroughly research and test a platform before committing to it.

No, not all brokerages allow futures trading. Investors should do their research and find the brokers that offer the service.

Similar to many investment endeavors, trading futures involves inherent risks. It's important to acknowledge that there exists a potential for incurring losses that exceed the initial investment made in your trading account. Given this scenario, it is advisable for investors to exercise caution and refrain from utilizing funds that hold essential financial significance.

When selecting a futures trading platform, key factors to consider include the range of available assets, pricing structure, minimum deposit requirements, user interface, research and analysis tools, customer support, and regulatory compliance.

Leverage allows traders to control a larger contract size with a fraction of the total value as margin. While leverage amplifies potential gains, it also magnifies potential losses, necessitating prudent risk management.

eToro is the best future trading platform in 2024. This is because it does not charge commissions whenever a trade is placed (apart from crypto). Future traders only need to pay the spread. However, the spread can be quite tight for highly liquid assets.