Effective management of commissions and trading instruments is essential for success on the Tradovate platform. Below is a comprehensive guide to understanding how commissions work and the instruments available for trading.
Commissions for Tradovate
Tradovate’s commission structure is designed to be straightforward and cost-effective, but traders need to stay informed about its mechanics and updates.
How Commissions Are Deducted
- Commissions are automatically deducted from your account balance at the time of the trade. To keep track of adjustments, ensure you monitor your balance directly within Tradovate.
- Please review the image below that shows the Tradovate Performance report and how commissions are deducted.Example: A trade is placed using 1 contract on NQ. The per side commission is $1.55. The trade is opened with 1 contract and closed with a second contract to flatten the position. Hence, 2 contracts multiplied by $1.55 commission = $3.10.On the Tradovate Performance Tab, the trade gross P&L is shown in blue, and the commissions for the trade are added in red. This results in a P&L of -$65, then deducting $3.10 in commissions, this equals a net P&L of -$68.10.
NinjaTrader Users
- If using NinjaTrader with Tradovate or Rithmic connections, commissions may not automatically reflect in your balance. You can manually enable this by defining commission settings.
Setup Instructions
- To add commission tracking in NinjaTrader when using Rithmic or Tradovate, follow the steps outlined in the instructional video provided by Apex Trader Funding. Use the “lifetime” template for accuracy.
Striving for Low Costs:
- Apex Trader Funding aims to provide traders with the lowest possible commission rates.
| Name | Symbol | Exchange | Per Side | Round Turn |
|---|
| Equity Futures | Equity Futures | Equity Futures | Equity Futures | Equity Futures |
| E-Mini Dow ($5) | YM | CBOT | 1.55 | 3.1 |
| E-Mini S&P 500 | ES | CME | 1.55 | 3.1 |
| E-Mini NASDAQ | NQ | CME | 1.55 | 3.1 |
| E-Mini Russell | RTY | CME | 1.55 | 3.1 |
| E-Mini S&P Midcap 400 | EMD | CME | 1.5 | 3 |
| Nikkei 225 (USD) | NKD | CME | 2.32 | 4.64 |
| EUREX *additional exchange subscriptions apply | EUREX *additional exchange subscriptions apply | EUREX *additional exchange subscriptions apply | EUREX *additional exchange subscriptions apply | EUREX *additional exchange subscriptions apply |
| DAX Index | FDAX | EUREX | 1.46 | 2.92 |
| Mini-DAX | FDXM | EUREX | 0.46 | 0.92 |
| Euro Stoxx 50 | FESX | EUREX | 0.59 | 1.18 |
| STOXX Europe 600 | FXXP | EUREX | 0.39 | 0.78 |
| Micro DAX Index | FDXS | EUREX | 0.34 | 0.68 |
| Micro Euro Stoxx 50 | FSXE | EUREX | 0.3 | 0.6 |
| EUREX *additional exchange subscriptions apply | EUREX *additional exchange subscriptions apply | EUREX *additional exchange subscriptions apply | EUREX *additional exchange subscriptions apply | EUREX *additional exchange subscriptions apply |
| Euro-Buxl | FGBX | EUREX | 0.45 | 0.9 |
| Euro-Schatz | FGBS | EUREX | 0.45 | 0.9 |
| Euro-Bobl | FGBM | EUREX | 0.45 | 0.9 |
| Euro-Bund | FGBL | EUREX | 0.45 | 0.9 |
| Currency Futures | Currency Futures | Currency Futures | Currency Futures | Currency Futures |
| Australian Dollar | 6A | CME | 1.77 | 3.54 |
| British Pound | 6B | CME | 1.77 | 3.54 |
| Japanese Yen | 6J | CME | 1.77 | 3.54 |
| Canadian Dollar | 6C | CME | 1.77 | 3.54 |
| New Zealand Dollar | 6N | CME | 1.77 | 3.54 |
| Agricultural Futures | Agricultural Futures | Agricultural Futures | Agricultural Futures | Agricultural Futures |
| Feeder Cattle | GF | CME | 2.27 | 4.54 |
| Soybean Oil | ZL | CBOT | 2.27 | 4.54 |
| Soybean Meal | ZM | CBOT | 2.27 | 4.54 |
| Energy Futures | Energy Futures | Energy Futures | Energy Futures | Energy Futures |
| Natural Gas | NG | NYMEX | 1.77 | 3.54 |
| E-Mini Crude Oil | QM | NYMEX | 1.37 | 2.74 |
| E-Mini Natural Gas | QG | NYMEX | 0.67 | 1.34 |
| Silver (SI) | SI | COMEX | 1.77 | 3.54 |
| Copper (HG) | HG | COMEX | 1.77 | 3.54 |
| Platinum (PL) | PL | NYMEX | 1.77 | 3.54 |
| Palladium (PA) | PA | NYMEX | 1.77 | 3.54 |
| Micro Futures | Micro Futures | Micro Futures | Micro Futures | Micro Futures |
| Micro E-Mini Dow | MYM | CBOT | 0.52 | 1.04 |
| Micro E-Mini S&P 500 | MES | CME | 0.52 | 1.04 |
| Micro E-Mini NASDAQ | MNQ | CME | 0.52 | 1.04 |
| Micro E-Mini Russell | M2K | CME | 0.52 | 1.04 |
| Micro Silver (SIL) | SIL | COMEX | .67 | 1.34 |
| E-Micro Gold (MGC) | MGC | COMEX | .67 | 1.34 |
| Micro Crude Oil | MCL | NYMEX | 0.67 | 1.34 |
| E-Micro Australian Dollar | M6A | CME | 0.41 | 0.82 |
| E-Micro Euro | M6E | CME | 0.41 | 0.82 |
| Cryptocurrencies | Cryptocurrencies | Cryptocurrencies | Cryptocurrencies | Cryptocurrencies |
| Micro Bitcoin | MBT | CME | 2.67 | 5.34 |
| Micro Ether | MET | CME | 0.37 | 0.74 |
Tradovate Instrument List
Tradovate offers a wide range of trading instruments. To ensure seamless trading, keep the following in mind:
Available Instruments
- Only the instruments listed in the Tradovate Instrument List below are supported. Attempting to trade unsupported instruments will result in the rejection of the trade without penalties.
Additional Fees
- Instruments marked in red text have extra fees associated with them.
ICE US Instruments
- ICE US products are no longer offered as of March 13, 2024.
| E-Mini S&P Midcap 400 | EMD | CME |
| |
| EUREX *additional exchange subscriptions apply | | |
|---|
| STOXX Europe 600 | FXXP | EUREX |
| Micro Euro Stoxx 50 | FSXE | EUREX |
| |
| EUREX *additional exchange subscriptions apply | | |
|---|
| |
| |
| |
| E-Mini Natural Gas | QG | NYMEX |
| |
| |
| Micro E-Mini S&P 500 | MES | CME |
| Micro E-Mini NASDAQ | MNQ | CME |
| Micro E-Mini Russell | M2K | CME |
| E-Micro Australian Dollar | M6A | CME |
| |
Micro Bitcoin (Note: Do not trade mini BT as it is not supported) | MBT | CME
Micro Ether (Note: Do not trade mini ET as it is not supported) | MET | CME
Final Notes
- Always verify your commission charges and ensure proper tracking in your trading platform to avoid discrepancies.
- Keep up-to-date with changes in supported instruments and their associated fees by regularly visiting the Tradovate Instrument List and Commission Schedule pages.
- For further assistance, visit theApex Trader Funding Help Center.
By staying informed, you can optimize your trading experience on Tradovate while effectively managing costs and compliance.
