Futures trading is a popular way to speculate on the price of various asset classes, including commodities, equities, and even interest rates. A key consideration when beginning futures trading is finding a suitable broker to partner with – preferably one that offers low fees, advanced tools, and acceptable margin requirements.

This guide helps traders find the best futures trading platform by presenting 10 brokers that meet the criteria mentioned above. We’ll also explore the key factors to consider when choosing a broker before showing a quick walkthrough on how to begin futures trading today.

The Best Futures Brokers in 2022

The list of futures brokers below contains 10 of the best platforms for traders looking to get involved in the futures market. We’ll review each of these platforms in the following section, covering elements including fees, trading tools, and regulatory oversight.

  1. Capital.com Overall Best Futures Trading Broker for 2022
  2. eToro One of the Top Futures Brokers for Copy Trading
  3. Interactive Brokers – Best Futures Broker for Experienced Traders
  4. TD Ameritrade – Best Futures Broker for Beginners
  5. CMC Markets – Leading Trading Platform with Huge Asset Selection
  6. Forex.com – Popular Futures Broker with Array of Trading Tools
  7. E*TRADE – Top Futures Platform for E-Mini Contracts
  8. Fidelity – Established Broker with 75+ Years of Industry Experience
  9. Saxo Bank – Best Futures Broker for High-Net-Worth Traders
  10. AvaTrade – Widely-Used Broker with Quick Account Opening Process

Your capital is at risk. 80.61% of retail investor accounts lose money when trading CFDs with this provider.

Best Futures Trading Platforms Reviewed

Since futures contracts are a highly speculative asset class, it’s vital to partner with a safe and well-intentioned broker. In addition, many brokers for futures trading also provide a low-fee environment, which can help retain a more significant share of any accrued profits.

To help streamline the decision-making process, we’ll discuss the best discount futures brokers below, presenting all the information needed to make an effective choice.

1. Capital.com – Overall Best Futures Trading Broker for 2022

Capital.com logoOur pick for the best futures trading platform in 2022 is Capital.com. The first thing to be aware of is that Capital.com isn’t actually a futures broker – it is a world-renowned CFD broker offering over 6,300 financial instruments to trade. However, Capital.com’s CFDs can provide the same exposure that futures contracts can – with a much lower barrier to entry.

As one of the world’s best trading platforms, Capital.com is regulated by tier-one entities such as the FCA, ASIC, CySEC, and the FSA. Traders wondering how to invest in futures can use Capital.com’s CFDs as an alternative, as they allow speculation on assets without ever having to worry about taking physical delivery of that asset.

Capital.com futures trading

Capital.com offers CFDs on equities, currencies, indices, ETFs, commodities, and more. There are no commissions when opening a CFD trade with Capital.com, as all fees are incorporated into the bid/ask spread. This spread tends to be extremely tight; for example, it can be as low as 0.6 pips for EUR/USD and 1.2 points for Amazon shares.

In addition, Capital.com offers one of the best investing apps, along with full support for MetaTrader 4 (MT4). Users can even trade on Capital.com’s browser-based platform with a built-in artificial intelligence algorithm that monitors trading effectiveness.

Capital.com asset selection

Users can fund their Capital.com account with just $20 using a credit/debit card, bank transfer, or e-wallet. Deposits (and withdrawals) are free to make, and no monthly account fees are charged. Finally, Capital.com even offers a free demo account with $10,000 in virtual money – ideal for beginner traders looking to gain market experience.

For a more detailed study of this CFD trading platform you can read our Capital.com review.

Number of Futures Contracts N/A (6.300+ financial instruments to trade)
Pricing Structure 0% commission + variable spread
Minimum Deposit $20
Key Features Regulated by several leading entities

Supports MT4 trading

AI technology to boost effectiveness

What we like:

  • Regulated by the FCA, ASIC, CySEC, and the FSA
  • Wide range of asset classes to trade
  • 0% commissions when placing trades
  • Free demo account feature
  • Minimum deposit is just $20

Your capital is at risk. 80.61% of retail investor accounts lose money when trading CFDs with this provider.

2. eToro – One of the Top Futures Brokers for Copy Trading

eToro logoAnother of the best futures trading brokers to consider is eToro. Much like Capital.com, eToro doesn’t actually offer futures contracts directly but does offer CFDs that mirror the effects that futures provide. Over 2,300 assets can be traded on eToro’s platform, including equities, commodities, indices, and even cryptocurrencies.

eToro has developed a reputation as one of the world’s best copy trading platforms due to its innovative ‘CopyTrader’ feature. This feature enables traders to automatically copy the trades placed by others with no additional fees. eToro even has a ‘Smart Portfolios’ service where traders can invest in pre-made portfolios whilst avoiding hefty management fees.

eToro trading

Those wondering how to trade futures can use eToro’s CFD selection to speculate on various asset classes. Clients can open positions for just $10, and eToro offers up to 30:1 leverage on specific financial instruments. There are no commissions when trading with eToro, as all fees are incorporated in the spread.

eToro’s trading experience is streamlined, as users can trade through their browsers or smartphones. Both platforms offer real-time price charts, an abundance of technical indicators, and even a social media ‘newsfeed’ where traders can present their opinions on certain assets.

eToro CFD trading

The minimum deposit threshold with eToro is only $10, making this platform ideal for beginners looking to start small and build their way up. Finally, eToro even has a free ‘eToro Academy’ feature that provides numerous guides and tutorials to streamline the trading process.

For traders looking to learn more about this leading copy trading platform, our eToro review covers all the key metrics from payment methods to tradable assets and regulations.

Number of Futures Contracts N/A (2,300+ financial instruments to trade)
Pricing Structure 0% commission + variable spread
Minimum Deposit $10
Key Features Innovative CopyTrader feature

Wide range of Smart Portfolios

Built-in social newsfeed

What we like:

  • 0% commissions when placing trades
  • Minimum position size is just $10
  • Leverage of up to 30:1 on certain assets

Your capital is at risk. 78% of retail investor accounts lose money when trading CFDs with this provider.

3. Interactive Brokers – Best Futures Broker for Experienced Traders

Interactive Brokers logoInteractive Brokers is one of the world’s most respected trading platforms, boasting over 40 years of industry experience. This broker is regulated by the SEC and the FCA, providing significant oversight in the US and the UK. It’s also one of the best brokers for futures trading since Interactive Brokers offers over 35 markets to trade.

This is the widest selection of markets on our list and includes futures, futures options, and stock futures. Futures contracts can be traded on agriculture, currencies, energy, fixed income, and even volatility. What’s more, Interactive Brokers futures fees equate to just $0.85 per contract (plus exchange, regulatory, and clearing fees) – although there’s also a volume-based structure if traders prefer.

Interactive Brokers futures trading

Interactive Brokers also offers several trading options, including the ‘GlobalTrader’ web-based platform, a user-friendly mobile app, and even a desktop platform for advanced traders. The minimum deposit to begin trading is $100, which can be facilitated via ACH transfer or check.

Number of Futures Contracts 35+ futures markets available to trade
Pricing Structure Varies ($0.85 per contract for USD-denominated futures)
Minimum Deposit $100
Key Features Several advanced trading platforms

24 base currencies supported

Low margin rates

What we like:

  • Offers interest on uninvested cash
  • Accounts provided for both beginners and professionals
  • Over 100 order types to employ

4. TD Ameritrade – Best Futures Broker for Beginners

TD Ameritrade logoTD Ameritrade is another of the best futures trading platforms to consider since clients can trade over 70 different contracts. The platform also positions itself as the best futures broker for small accounts by offering ‘micro futures’, which have a lower cost of entry and lower margin requirements.

TD Ameritrade allows clients to trade futures through the industry-leading ‘Thinkorswim’ platform, featuring a bid/ask price ladder, one-click orders, and customizable charts. Furthermore, TD Ameritrade is the ideal place for those wondering how to invest $1,000 since there are futures specialists on hand at all times to answer clients’ questions.

TD Ameritrade futures trading

This platform’s fee structure is uncomplicated, set at just $2.25 per contract. This includes exchange and regulatory fees, meaning traders know exactly how much they are charged. Finally, TD Ameritrade also offers an abundance of free futures-related articles and tutorial videos to help beginners get up to speed.

Number of Futures Contracts 70+
Pricing Structure $2.25 fee per contract (plus exchange & regulatory fees)
Minimum Deposit N/A
Key Features Leading ‘Thinkorswim’ platform

Transparent fee structure

Massive library of educational resources

What we like:

  • Dedicated futures specialists to deal with queries
  • Over 70 futures contracts to trade
  • ‘Micro futures’ offered with lower barriers to entry

5. CMC Markets – Leading Trading Platform with Huge Asset Selection

CMC Markets logoAlthough it can’t be directly considered the best futures trading platform, CMC Markets is a leading broker that provides CFD trading services. As noted earlier, these CFDs can offer a similar service to futures – often with lower barriers to entry. CMC Markets allows clients to trade over 11,500 financial instruments, including equities, currencies, ETFs, bonds, and crypto.

The asset selection is huge since CMC Markets offers access to an array of international exchanges. Leverage on these assets is set at 30:1, and CMC Markets charges no commissions to open a trade on most purchases. However, stock trades have a commission set at $0.02 per share on US-based equities.

CMC Markets futures trading

There is no minimum deposit threshold with CMC Markets, and users can fund their accounts via credit/debit card, bank transfer, or PayPal. Deposits and withdrawals are free unless the withdrawal is via bank transfer, which comes with a fee. Finally, CMC Markets is one of the best MT4 brokers as it integrates seamlessly with MetaTrader 4.

Number of Futures Contracts N/A (11,500+ financial instruments to trade)
Pricing Structure 0% commission + variable spread
Minimum Deposit N/A
Key Features No minimum deposit threshold

Supports PayPal deposits

Integrates with MT4

What we like:

  • Offers over 11,500 financial instruments to trade
  • Up to 30:1 leverage on offer
  • Free deposits and withdrawals using credit/debit card and e-wallet

6. Forex.com – Popular Futures Broker with Array of Trading Tools

Forex.com logoAnother option for those seeking the best futures trading platform is Forex.com. Although its name implies that it focuses solely on the currency market, Forex.com also offers a selection of futures and futures options contracts to trade. These are provided through the small exchange, meaning all contracts move in increments of 0.01, equaling $1.

There are various contracts to trade, including the US Dollar index, the precious metals index, and the global oil index. Those wondering how to trade futures options can do so with commissions as low as $1.29 per contract.

Forex.com futures trading

Furthermore, since Forex.com is regulated by the FCA, CFTC, and NFA, traders are afforded a high level of capital protection. Forex.com also provides a vast range of research tools, including trading ideas, technical indicators, newsfeeds, and even a detailed economic calendar.

Number of Futures Contracts Five markets available to trade
Pricing Structure $1.29 commission (per side & contract)
Minimum Deposit $100
Key Features Offers ‘smalls market’ futures

Wide range of trading tools

Regulated worldwide

What we like:

  • Flat-fee per futures contract
  • Regulated by the NFA
  • All contracts are standardized

7. E*TRADE – Top Futures Platform for E-Mini Contracts

E*TRADE logoE*TRADE has a reputation as one of the best scalping brokers, yet it also offers futures trading opportunities through its online platform. With E*TRADE, users can trade futures listed on the CME, ICE US, and CFE for just $1.50 per contract.

E*TRADE offers 24/6 access to the futures markets and even has dedicated futures specialists to deal with relevant queries. In addition, E*TRADE is one of the best micro e-mini futures brokers, as traders can gain exposure to the S&P 500 and NASDAQ’s price movements with a low tick value.

E*Trade futures trading

The trading experience is seamless, as trading can be conducted on the ‘Power E*TRADE’ web or mobile app. Both showcase real-time contract prices and offer numerous drawing tools that simplify analysis.

Number of Futures Contracts Three markets available to trade
Pricing Structure $1.50 per contract
Minimum Deposit N/A
Key Features Offers several E-mini contracts

Drawing tools for analysis

Flat-fee of $1.50 per contract

What we like:

  • Offers futures from the CME, ICE US, and CFE
  • Can trade futures through the web-based or mobile app
  • 24/6 access to the market

8. Fidelity – Established Broker with 75+ Years of Industry Experience

Fidelity logoFidelity is a world-renowned trading platform, having been established back in 1946. Like some other platforms on our list, Fidelity doesn’t directly offer futures contracts but does offer the assets that often underpin futures.

These include stocks, ETFs, funds, bonds, and options – with full access to a suite of international markets. What’s more, Fidelity also offers a ‘Fidelity-Go’ account that works as a Robo-advisory service, offering low-cost money management.

Fidelity trading

Fidelity clients can trade US-based stocks and ETFs free of charge, although there is a variable commission for international assets. However, Fidelity has no deposit, withdrawal, or inactivity fees to be aware of, making it a cost-effective broker to partner with.

Number of Futures Contracts N/A (2,500+ financial instruments to trade)
Pricing Structure 0% commission on US-based equities; flat fee on funds
Minimum Deposit N/A
Key Features Over 75 years of industry experience

No deposit or withdrawal fees

Provides access to international markets

What we like:

  • Robo-advisory account offered
  • Free US stock and ETF trading
  • No minimum deposit threshold

9. Saxo Bank – Best Futures Broker for High-Net-Worth Traders

Saxo Bank logoSaxo Bank is the best futures trading platform for those with a higher capital allowance. Although the minimum deposit threshold is $500, Saxo Bank offers access to 20 global exchanges. This means over 300 contracts are available to trade, covering equities, energy, metals, agriculture, and even interest rates.

Saxo Bank employs a volume-based structure, meaning clients can trade futures for as little as $1 per lot. However, Classic account holders will pay $4 per contract for USD-denominated futures – although this does decrease for users who are more active in the market.

Saxo Bank trading

Several advanced features are on offer at Saxo Bank, including futures spread trading, Level 2 order book data, and real-time futures prices. What’s more, Saxo Bank even provides 24-hour personalized customer support and a range of educational courses.

Number of Futures Contracts 300+
Pricing Structure $4 per contract for USD-denominated futures
Minimum Deposit $500
Key Features Fees start at just $1 per lot

24-hour customer support

Wide range of advanced trading tools

What we like:

  • More than 300 futures contracts to trade
  • Various account types on offer
  • Free educational courses

10. AvaTrade – Widely-Used Broker with Quick Account Opening Process

AvaTrade logoRounding off our discussion of the best futures trading platform is AvaTrade. AvaTrade has a global reputation due to its low-fee approach and wide range of tradable assets. Although AvaTrade doesn’t offer futures contracts, clients can receive similar exposure through this platform’s CFD selection.

Those researching how to trade commodities can invest in 18 CFDs commission-free, along with various currencies, equities, ETFs, bonds, and cryptocurrencies. AvaTrade’s fees are built into the quoted spread, with deposits and withdrawals free to make.

AvaTrade trading

One of AvaTrade’s top features is its seamless account opening process, which takes less than 10 minutes to complete and requires no physical paperwork. AvaTrade also offers an abundance of trading tools, including interactive charts, fundamental data, and MT4/MT5 integration.

Number of Futures Contracts N/A (700+ financial instruments to trade)
Pricing Structure 0% commission + variable spread
Minimum Deposit $100
Key Features Integrates with MT4 and MT5

Zero-commission approach

Regulated by the Central Bank of Ireland

What we like:

  • Over 15 years of industry experience
  • Wide range of asset classes to trade
  • No deposit or withdrawal fees

Top Futures Trading Platforms Compared

Traders looking to find the best futures trading platform will need to consider each platform’s asset selection, pricing structure, and minimum deposit threshold – as these three features can make all of the difference over the long term.

To help streamline the decision-making process, the table below presents these criteria for the 10 best futures brokers reviewed in the previous section:

Platform Number of Futures Contracts Pricing Structure Minimum Deposit Key Features
Capital.com N/A (6.300+ financial instruments to trade) 0% commission + variable spread $20 Regulated by several leading entities

Supports MT4 trading

AI technology to boost effectiveness

eToro N/A (2,300+ financial instruments to trade) 0% commission + variable spread $10 Innovative CopyTrader feature

Wide range of Smart Portfolios

Built-in social newsfeed

Interactive Brokers 35+ futures markets available to trade Varies ($0.85 per contract for USD-denominated futures) $100 Several advanced trading platforms

24 base currencies supported

Low margin rates

TD Ameritrade 70+ $2.25 fee per contract (plus exchange & regulatory fees) N/A Leading ‘Thinkorswim’ platform

Transparent fee structure

Huge library of educational resources

CMC Markets N/A (11,500+ financial instruments to trade) 0% commission + variable spread N/A No minimum deposit threshold

Supports PayPal deposits

Integrates with MT4

Forex.com Five markets available to trade $1.29 commission (per side & contract) $100 Offers ‘smalls market’ futures

Wide range of trading tools

Regulated worldwide

E*TRADE Three markets available to trade $1.50 per contract N/A Offers several E-mini contracts

Drawing tools for analysis

Flat-fee of $1.50 per contract

Fidelity N/A (2,500+ financial instruments to trade) 0% commission on US-based equities; flat fee on funds N/A Over 75 years of industry experience

No deposit or withdrawal fees

Provides access to international markets

Saxo Bank 300+ $4 per contract for USD-denominated futures $500 Fees start at just $1 per lot

24-hour customer support

Wide range of advanced trading tools

AvaTrade N/A (700+ financial instruments to trade) 0% commission + variable spread $100 Integrates with MT4 and MT5

Zero-commission approach

Regulated by the Central Bank of Ireland

How We Select the Best Futures Brokers

Much like when researching the best forex brokers, identifying where to trade futures can be challenging – especially given how many platforms now offer futures trading. However, by being aware of the elements below, prospective traders can separate the effective platforms from the ineffective, making the entire process quicker and easier:

Regulation

FCA logoIt’s wise to partner with a regulated platform, as these provide investor protection that allows clients to trade with confidence. Top futures brokers will be regulated by entities such as the FCA, ASIC, CySEC, SEC, or FinCEN – all of which have decades of experience policing the financial markets.

Selection of Futures Contracts

Those looking to employ the best futures trading strategy may also wish to partner with a broker that offers a vast asset selection. This ensures an abundance of opportunities whilst providing options for investors with varying risk tolerance levels.

Fee Structure

Trading the best futures stocks (and other asset classes) can be more profitable by partnering with a broker that offers a low-fee environment. Capital.com is one of these brokers – although it doesn’t offer futures contracts directly, it does provide a range of CFDs that can be traded commission-free.

Those wondering how to invest during inflation may also wish to use a broker that eliminates non-trading fees. These include deposit, withdrawal, inactivity, and monthly account fees, all of which can add up over time.

Platform Monthly Account Fee?
Capital.com No
eToro No
Interactive Brokers No
TD Ameritrade No
CMC Markets Pro platform costs $49 per month
Forex.com No
E*TRADE No
Fidelity Service fee of up to 0.35% per month (dependent on account balance)
Saxo Bank No
AvaTrade No

Trading Tools

Trading tools can also be beneficial – especially interactive price charts that feature an array of technical indicators. Moreover, some brokers (like eToro) offer features that help automate the trading process, providing a similar service to the best trading robots.

Capital.com trading tools

Minimum Deposit

Beginners may find it easier to partner with a broker that has a low minimum deposit threshold, as this allows them to gain experience with small amounts. Capital.com and eToro have minimum deposit thresholds of just $20 and $10, respectively, meaning the barriers to entry for these brokers are extremely low.

Demo Account

The best paper trading platforms can be beneficial for newcomers to the futures market, as they enable traders to practice with virtual money. Most of the brokers reviewed in this guide offer a free demo account that mirrors the full trading experience – making the transition to live trading much more straightforward.

Mobile App

Looking for the best investing apps? Capital.com and eToro both offer leading and convenient trading apps so you can invest in futures anywhere at any time. The futures market can be inherently volatile, meaning the ability to trade on the go is a must. Brokers like Capital.com and eToro offer dedicated mobile apps that provide a condensed version of the services offered through their web-based platforms. This allows traders to buy and sell assets in just a few taps.

Capital.com mobile app

Payment Methods

Most futures brokers accept credit/debit cards and bank transfers as payment methods, although many also accept certain e-wallets. Credit/debit card and e-wallet deposits tend to arrive instantly, whilst bank transfers usually take several business days to arrive.

Customer Service

Finally, it’s vital to partner with a futures broker with a dedicated customer support team. Futures trading can be challenging, so opting for a platform with 24/5 (or 24/7) support can make all the difference. The best brokers also offer live chat support, which makes it easy to receive tailored help.

How to Start Trading Futures with a Regulated Broker

Before rounding off our guide on the best futures brokers for beginners, it’s essential to present an overview of the investment process. As mentioned earlier, Capital.com is our recommended option for prospective futures traders, as this broker offers thousands of CFDs that provide similar benefits to futures contracts – without high margin requirements.

With that in mind, the five steps below showcase how to set up an account with Capital.com today – all in less than 10 minutes.

Step 1 – Open a Capital.com Trading Account

Go to Capital.com’s website and click ‘Trade Now’. On the following page, provide a valid email address and choose a password for the account. Capital.com will then send a verification email to confirm the account opening process.

Capital.com sign up

Your capital is at risk. 80.61% of retail investor accounts lose money when trading CFDs with this provider.

Step 2 – Verify Account

Click’ Complete Verification’ on Capital.com’s trading dashboard and provide the personal information needed for the broker’s KYC checks. Traders will then be asked to upload proof of ID (e.g. passport) and proof of address (e.g. bank statement) – Capital.com’s team will then check these documents.

Step 3 – Make a Deposit

Once verification is complete, click ‘Deposit’ on Capital.com’s dashboard and enter the appropriate funding amount (minimum $20). At the time of writing, Capital.com accepts the following payment methods:

  • Credit card
  • Debit card
  • Bank transfer
  • Apple Pay
  • PayPal

Step 4 – Search for an Asset to Trade

Type in the name of the asset to be traded in the search bar of Capital.com’s trading platform and click ‘Buy’ or ‘Sell’ when it appears.

Capital.com trading platform

Step 5 – Begin Trading

In the order box that appears, traders can enter their desired position size and choose a stop-loss/take-profit level. Once everything has been double-checked, traders must simply click the ‘Buy’ or ‘Sell’ button again to open the trade.

Capital.com order box

Best Futures Trading Platform – Conclusion

Through futures contracts, traders can speculate on the price of an asset at a later date – making them a popular asset class for those who have an opinion on the direction an asset’s price may go. This guide has discussed the best futures trading platform in detail, presenting several brokers that offer low fees and a safe environment for beginners and experienced pros.

Although it doesn’t offer futures contracts directly, Capital.com is an excellent option for those looking to receive the same exposure that futures contracts can offer in 2022. Capital.com offers thousands of CFDs to trade, all of which have a lower barrier to entry than futures. Trading these CFDs is commission-free, and Capital.com allows users to open an account with a minimum deposit of just $20.

Your capital is at risk. 80.61% of retail investor accounts lose money when trading CFDs with this provider.

FAQs

Which platform is best for trading futures?

Who is the best futures trader in the world?

Is TD Ameritrade good for futures trading?

Do you need 25k to trade futures?

Can you trade futures on Capital.com?

How much does it cost to start trading futures?

How do you trade futures for beginners?

Disclaimer

It is vital to always invest responsibly in awareness of all risks involved. Markets can be extremely volatile, so you should conduct extensive research before investing. Our site provides regular updates and diligently verifies all platforms it recommends, but you should form your own opinion and invest only what you can afford to lose. There is never any guarantee of a return on investment.