I’ve been trading the micros lately, and I see that the average trade for 1 micro contract (meaning both sides together) have total fees at around $1.20.
If I traded 1 mini contract instead of 1 micro, are the fees 10x ($12.00 per trade), or is it something else?
Mini’s are 10X the risk compared to Micro’s but the fee’s don’t follow the same rule.
When you look at Reward to Fee’s the Micro’s are more expensive per trade than the mini’s are.
NQ = $2.18 per contract. So a trade in and out of the market is $4.36 with Profit at $20.00 per point.
MNQ = $0.66 per contract. So a trade in and out of the market is $1.32 with Profit at $2.00 per point.
Hope the help, Here is the PDF of all the fees at Tradovate. https://www.tradovate.com/TradovateAllInRates.pdf