Retail commissions as low as $0.23

Variance Futures offers some of the most competitive rates available.
Whether you are a high volume trader or new to futures trading, you can enjoy our state-of-the-art trading platforms, exchange connectivity infrastructure, excellent trade support, and customer service while benefiting from our aggressively low rates.
We are pleased to offer a straightforward, gimmick-free rate structure for retail, professional and institutional traders.

Account Types

Retail Account	Professional Account	Institutional Account	Highlights:
$5,000	$50,000	$250,000	Minimum account balance
			Software rebates  (Learn More)
NO minimum trades per month	NO minimum trades per month	NO minimum trades per month	Minimum trades / month
NO overnight fee	NO overnight fee	NO overnight fee	Overnight / "Carrying Fee"
NO maintenance fee	NO maintenance fee	NO maintenance fee	Account maintenance fee
NO additional cost	NO additional cost	NO additional cost	Intra-day margin financing
$0.90 per side	$0.75 per side	$0.35 per side	Commissions starting at (plus exchange fees)
$0.23 per side	$0.23 per side	$0.20 per side	Commissions as low as (plus exchange fees)

Commission Rates (Per side, per contract)
Your total commission will include Variance Futures execution, exchange and regulatory fees.

Notes

1. All fees are charged in the currency of the traded product.
2. Fees are per side, per contract
3. Contract volumes for Institutional master account with sub-accounts are summed across all sub-accounts for the purpose of determining volume breaks.
4. Volume tiers are applied based on monthly cumulative trade volume summed across all futures and futures options contracts at the time of the trade. If for example, a Retail Account execute 2,700 contracts in a month, the execution & clearing costs would be:
   • 999 Contracts at $0.90
   • 1,500 Contracts at $0.70
   • 200 Contracts at $0.60
5. Institutional Accounts – Customer must keep a minimum balance of $250,000 to qualify for these commissions. Accounts that do not meet the minimum balance will be automatically switched to the Professional Account matrix. Customer has 48 hours to bring accounts back to the required minimum balance before commission structure is changed.
6. Professional Accounts – Customer must keep a minimum balance of $50,000 to qualify for these commissions. Accounts that do not meet the minimum balance will be automatically switched to the Retail Account matrix. Customer has 48 hours to bring accounts back to the required minimum balance before commission structure is changed.
7. Retail Accounts – Customer must keep a minimum balance of $2,000 at all times in order to be able to trade.