Where are oil and gas going for the holiday driving season, Schwab Network - Commodity Broker

Futures market analyst and broker, Carley Garner, joined Schwab Network and Nicole Petallides to discuss the near-term fate of oil futures and gas prices at the pump.

The decision to trade online or through a full-service commodity broker will undoubtedly make a large impact on your bottom line.

To look at commission rates objectively, we must understand the background of the futures industry and how brokerages accept risk for fees.

Deciding on a commodity brokerage firm is a significant decision and shouldn’t be taken lightly. Not all traders and brokers are compatible.

Most traders in search of a futures broker are concerned primarily with trading platforms, commission, and quality guidance.

The goal of futures trading should be to MAKE money, not SAVE it! Discount commodity brokers cut corners that cost their clients time & money.

A key difference to trading commodity futures over ETFs is leverage, but there is more to discuss, such as taxes, market hours, and efficiency.