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Specialties
Generic Trade is a discount brokerage firm specializing in online futures and options trading. It offers the latest technology with unparalleled speed, reliability and functionality, provided by a cutting edge trading infrastructure. All accounts regardless of size or volume are 59 cents commission per trade.
History
Established in 2010.
We have one goal… to give traders what they want.
Capitalizing on nearly 20 years of feedback from traders, Generic Trade has learned that clients want a firm with financial security and stability, cutting edge trading technology and commissions/fees that allow them to compete with professional and institutional traders.
How can Generic Trade offer so much for so little? No bells, no whistles, no brokers and no salespeople.
Since the modern trader has a wealth of resources at their disposal and simply wants a firm to provide the best execution at the lowest cost, we believe that the modern trading firm should provide this without the usual restrictions (minimum account balances, minimum trading activity, maintenance charges or quarterly fees). All fees are fully disclosed. Also, no sales staff means no negotiating for the best rates; they are available to all clients!
Thank you for considering Generic Trade as your futures and options trading firm.