Online Futures And Commodity Trading With A Highly Rated, Cost Effective Futures Broker
Competitive Pricing with the Premium Service
Before contacting the discount futures brokers and opening an account, ask yourself the following: "What am I getting myself into?" Am I about to "get what I paid for?" Does your broker call you before taking you out of a position at the market close, or do they just go ahead and pull the trigger? Will they take the time to walk you through simple/complex brackets, trailing stops, iceberg orders, or GTC's? Will they help you set up your charts and indicators? After all, you deserve GOOD SERVICE!
Cannon Trading respects your privacy, all transactions are safe and secure with High-grade Encryption (AES-256, 256-bit keys). We do not sell your information to third parties.
Receive a Commissions Quote Try a Free Trading Demo| Monthly Volume | Rates Per Side | Rates Per Side MICROS |
|---|---|---|
| 1-1000 | $0.74 | $0.29 |
| 1001-2500 | $0.64 | $0.25 |
| 2501-5000 | $0.54 | $0.23 |
| 5001-10000 | $0.44 | $0.19 |
| 10001-25000 | $0.34 | $0.17 |
| 25001-50000 | $0.24 | $0.14 |
| above 50000 | $0.18 and Lower! | $0.12 |
Rates above are per side and do NOT include applicable exchange fees and NFA fees for new self- directed accounts, opened after November 14, 2023, with a minimum account balance of $10,000.
Additional platform fees as well as transaction fees may apply based on the trading platform. Accounts opening with less than $10,000 will still have access to competitive commission schedule. Please contact us for more information.
These rates do NOT apply to our FREE E-Futures Int’l platform users.
Rates can be higher according to any specific needs or services client may require such as access to personal broker, email alerts, mobile access, brokers opinion, options premium sellers, special RISK monitoring and more. Please consult a broker for an exact rate quote.
Note: Exchange and NFA fees are subject to change and can be confirmed on the exchange websites.
Day Trader Lifeline
We at Cannon Trading know that most self-directed traders don't require assistance from our in house brokers, but every once in a while and from time to time hiccups will occur in your daily trading ritual like your internet not working, your computer breaking down, or you are stuck in traffic. For no additional charge we are offering the Cannon Trading the Day Trader Lifeline (Our Just in Case) program, which will allow you to call us for any emergency issue, like getting you out of a trade or to put a stop in. We can get this done quickly for you and without waiting on hold for 30 minutes like the big wire houses while precious minutes ticks away.
The Day Trader Lifeline program will also allow you to get daily support and resistance numbers ( a live account is required). Our senior brokers can and are able to offer complimentary strategies.. It's all about taking care of our traders and we at Cannon Trading Company strive to be above the rest when it comes to services.
Want to learn more about this program, please give us a call right now and see if you qualify. You will never know when you need it.
Call us now at (800) 454-9572.
High-Volume Traders
As discount futures brokers, we can offer high-volume traders commissions amongst the lowest in the industry and compete with almost any firm out there, and we don't sacrifice our quality of service and wide range of platform options and trading solutions. We accommodate corporations, LLCs, foreign introducing brokers, institutional investors, and help with electronic memberships to provide steeper discounts for our clients. You won't find our level of commitment to serve you in many places.
*Who can qualify for $0.18 per side rate ( not including exchange, NFA and platform fees)? If you trade over 10,000 contracts per month and your account balance is over $50,000 you can qualify for this rate, perhaps even lower depending on volume. This rate does NOT apply to users of our free E-Futures Int'l trading platform.
To receive an exact commission quote just give us a call right now at (800) 454-9572.
To receive an EXACT futures commission quote, please fill out the short form below
The trading results on the demo accounts do not include commissions, exchange fees and N.F.A fees that you are going to get charged on your real account. You should also consider that certain fills you would get on a "demo" account might not reflect the same result on a live market action. Demo accounts use hypothetical money and don’t have the emotional impacts of real money. This demo is designed as an introduction to using the platform; it is not intended to mimic trading results in a live trading environment.
Retail Clients
For regular retail traders, ask yourself what's most important to you at the end of the day, saving 15 cents per side on futures commission, or being able to reach a broker within two or three rings of the telephone? At this brokerage firm, we provide almost every platform in the industry and provide a level of support for beginning and intermediate traders that is hard to find.
We will compete with any discount futures brokerage out there, but our business model of employing fully licensed, attentive, and courteous brokers is more important to us than simply providing a single platform, a "customer support" desk and an email that says "good luck!"
Our commissions for retail traders are very competitive, providing ample opportunities for profit/loss based on the merits of their trades, not based on how high their commissions are. Consider that a tick (smallest incremental move) in the E-Mini S&P 500 is $12.50, or that a tick in Crude Oil is $10. We will always do our best to insure our clients are capable of executing their strategies without having commissions as a hindrance to their ideas. We will be happy to provide you with an exact commission quote based on your style of trading, platform of choice, level of assistance (if any) you require from a broker etc.
*These are retail traders starting off with a minimum account balance and does not include clearing/exchange, NFA, platform or data fees. Rates vary based on platform, initial account size, trading volume, markets being traded, and previous experience
To receive an EXACT futures commission quote via email, please fill out the short form below
Cannon Trading respects your privacy, all transactions are safe and secure with High-grade Encryption (AES-256, 256-bit keys). We do not sell your information to third parties.
How We Price Our Futures Commissions
Futures Trading Commissions vary according to several factors:
The Markets You Trade
Some futures contracts are "cheaper" than others. The exchange fees for the different markets are different. For example US bonds have lower exchange fees than grain markets like corn and wheat.
The Way You Trade
Clients who trade online enjoy lower rates than those who execute trades via a broker. However, online trading is more suitable for day-traders and experienced traders, while broker assist is more suitable for beginners, busy professionals or clients who like Cannon to execute trading systems for them.
Different trading platforms may have additional fees attached to them. Therefore, rates may vary according to the platform of your choice.
How Often You Trade / The Volume You Trade
While most traders will NOT qualify for the $0.18 per side rate, the Cannon team will be able to provide you with the most price effective fee schedule based on your account size, trading volume, trading needs and choice of platform
The more frequently you trade, the lower commissions you will pay.
Volume does matter when deciding on a futures commission rate. For example, traders who trade 50 contracts at a time will enjoy lower rates than those who trade one contract at a time.
If you are a high volume trader, please call us 800-454-9572 to find out about special programs for foreign introducing brokers, money managers, professional traders, and CTA's, and rates as low as $0.18 a side + exchange fees for CME electronic members.
Contact Us For A Custom Futures Trading Commission Quote
We recommend sharing your trading needs with us. We would like to hear about your trading experience, style, and behavior. Inform us of your risk capital and your special needs, such as a specific trading platform or markets you want to trade.
While our futures commissions are among the most competitive in the industry, our service is never compromised.
* $0.18 per side does not include exchange fees ( exchange fees range from $0.60 per side to $1.90 per side depending on product and exchange), NFA fees and software fees where applicable. If you trade over 10,000 contracts per month and your account balance is over $50,000 you can qualify for this rate, perhaps even lower depending on volume. This rate does NOT apply to users of our free E-Futures Int'l trading platform.
* Rate is applicable for 100% self directed online traders
* This rate apply for HIGH VOLUME traders
* Certain trading platforms may carry additional software fees
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Free Demo Account
Free Demo Account
Our Approach
You and your broker will work together to achieve your trading goals. We develop long term
relationships with our clients so that we can grow and improve together.
Learn More About Choosing Cannon
Our Platforms
Please click on one of our platforms below to learn more about them, start a free demo, or open
an account.
E-Futures
Sierra Charts
Firetip (Mac Compatible)
RTrader
Trading Education
Recommended Resources
Guide to Risk and Opportunities of Futures and Options Trading
Steps to Successful Day-Trading
Day Trading Webinar
