Efutures Reviews

Efutures Reviews

Visit This Broker

Overall Rating44444

Efutures is a specialty online broker that focuses on futures trading. The company offers their customers numerous kinds of trading accounts from self directed to full service professionally managed. EFutures was established in 1989 and has been providing financial services to their customers for over 20 years now.  The company is licensed and regulated in the United States but also accepts clients world-wide. EFutures is a solid futures broker for both novice and professional investors alike.

Efutures Commissions

  • Futures Contracts: $9.99 for Day Trades, $12.99 for Overnight trades (Rates vary depending on account type – Professional account fees are about $4.00 per side)
  • Futures Options: $15.99 (Rates vary depending on account type – Professional account fees are about $4.00 per side)

Efutures Features

  • Lightning fast trade execution
  • NinjaTrader, RAN, CGQ, Strategy Funner and numerous other trading platforms supported
  • Free educational futures trading material
  • “One ring” phone support – Speak with person as soon as you call
  • Numerous free trading tools
  • Numerous types of accounts from Self-directed to Full Service
  • Powerful mobile platform for trading on the go
  • Leverage and Margin available

Efutures Promotions:

  • N/A

Efutures Minimum Deposit to open an account: $10,000 for “Full Service accounts”, 15,000 for “Self-Directed accounts”, and $20,000 for “Online Professional accounts”

 

User Reviews

  • Kennedy says:

    I submitted my new account application to efutures on Tuesday night and had my account funded and ready to go by Friday. The speed in which I was able to get my account approved and funded was incredible. I remember just opening and funding my account with my last broker took over a week. One bad thing is that in order to open a “professional” account, which has by far the lowest commissions, you need to deposit a minimum of $20,000. The other two accounts are great for traders who aren’t super active, but if you trade often the fees will add up. With a ” professional account ” I think you pay $1.49 + exchange fees (which are usually low).

  • Tom.B says:

    I have a full service account with efutures and im very happy with it. with a full service account, I basically have a full time broker who I can call and speak with during business hours before making any trade. you can’t get this level of service with any of the bigger brokerages. the commissions are a bit high for full service accounts, but when you’re making money betting on gold the fees aren’t a big deal.

  • Leave a Reply

    Overall Rating