WikiFX

Rispondi

In my experience evaluating Tradovate as a futures broker, it’s essential to point out that their model does not include traditional ECN or raw spread forex accounts—in fact, they don’t offer forex trading at all. Instead, Tradovate focuses exclusively on futures and options. When it comes to commissions, yes, Tradovate does charge a fee per contract traded, and these depend on the specific account type: there are free, monthly, and lifetime plans, each with their own micro and standard commission rates. For instance, their free account typically incurs higher commission per contract compared to the monthly and lifetime options. I am cautious about Tradovate’s overall trustworthiness because their NFA license is flagged as a “suspicious clone,” indicating a regulatory concern that cannot be overlooked. In addition, some user reports mention unexpected fees and issues with withdrawals, which raises further red flags for me as a trader. Their commission structure is clearly stated on their site, but the lack of detailed disclosure about overall deposit and withdrawal processes leaves gaps in transparency. Bottom line, yes, Tradovate does charge commissions for every contract traded, but due diligence is especially important here due to their regulatory status and mixed user experiences. I would advise any trader to be careful and make sure they understand all costs involved before committing funds.