EdgeClear
Chicago-based CFTC-registered futures brokerage with micro commissions from $0.20/contract, a dedicated personal broker per account, and proprietary EdgeProX and EdgeWatch tools.
Quick Facts
- Starting Price
- Free
- Free Tier
- No
- Founded
- 2019
- Company
- Edge Clear LLC
EdgeClear Overview
EdgeClear is a discount futures brokerage founded in 2019 by Morad Askar (known online as FuturesTrader71) in Chicago, IL. Registered with the CFTC and a member of the NFA, EdgeClear is listed on the CME Group's Find a Broker directory and provides access to major global exchanges including CME, Eurex, ICE, CBOE, HKEX, ASX, JPX, and SGX. The brokerage specializes exclusively in futures and options on futures — including crypto futures such as Micro Bitcoin and Micro Ether — with no stock, spot forex, or CFD offering.
Every EdgeClear account includes a dedicated personal broker, a key differentiator from larger discount brokers that rely on generic help desks. The firm also provides two proprietary tools: EdgeProX, a purpose-built futures trading platform for active traders, and EdgeWatch, a complimentary trade performance analytics tool available to all account holders at no extra cost. Beyond their own platforms, EdgeClear supports TradingView, CQG (Integrated Client, QTrader, Desktop), Rithmic (R|Trader Pro), MotiveWave, and Trading Technologies (TT), giving traders broad platform flexibility without sacrificing personalized broker support.
EdgeClear's commission structure is built around low per-contract pricing, particularly for micro futures. Micro equity index commissions start at $0.20/contract (plus exchange and regulatory fees), placing it among the most competitive options for retail futures traders. Rithmic data and API access is available at $20/month with an additional $0.10/contract charge, enabling algorithmic and automated trading strategies. Volume-based discounts are available for high-volume traders upon direct request.
The brokerage offers server-side risk management tools including trailing stops, bracket orders, OCOs, conditional order release, and account-level risk liquidation rules configured directly with your dedicated broker. While EdgeClear is a focused, specialized firm rather than a full-service multi-asset broker, its combination of ultra-low micro commissions, personal broker service, and professional-grade risk controls makes it a compelling choice for active and algorithmic futures traders.
EdgeClear Pricing
Standard Account
- ✓ Micro futures commissions from $0.20/contract
- ✓ Dedicated personal broker assigned to every account
- ✓ EdgeProX proprietary trading platform
- ✓ EdgeWatch performance analytics (complimentary)
- ✓ Multi-platform support: TradingView, CQG, MotiveWave, TT
- ✓ Server-side trailing stops, brackets, and OCOs
- ✓ Global exchange access: CME, Eurex, ICE, CBOE, HKEX, ASX, JPX, SGX
Rithmic Data + API
$20.00/mo billed yearly
- ✓ Everything in Standard Account
- ✓ Rithmic R|Trader Pro platform access
- ✓ API access for algorithmic and automated trading
- ✓ $0.10/contract additional Rithmic fee
- ✓ Full market depth data feed
Features
Pros & Cons
Pros
- + Among the lowest micro futures commissions available, starting at $0.20/contract
- + Every account includes a dedicated personal broker for direct, professional support
- + EdgeWatch provides complimentary trade performance analytics to all account holders
- + Broad global exchange access including CME, Eurex, ICE, CBOE, and major Asian exchanges
- + Flexible platform choice across TradingView, CQG, Rithmic, MotiveWave, and Trading Technologies
Cons
- - Futures-only brokerage — no stocks, spot forex, or CFDs
- - Minimum deposit and full pricing not publicly disclosed; must contact firm directly
- - Small team size may limit availability during peak market hours
Rating Breakdown
Overall Rating
Key Takeaways
- ✓ Among the lowest micro futures commissions available, starting at $0.20/contract
- ✓ Every account includes a dedicated personal broker for direct, professional support
- ✓ EdgeWatch provides complimentary trade performance analytics to all account holders
- ✓ Broad global exchange access including CME, Eurex, ICE, CBOE, and major Asian exchanges
- ✓ Flexible platform choice across TradingView, CQG, Rithmic, MotiveWave, and Trading Technologies
- ★ Rated 4.2/5 — best for active futures day traders, micro futures traders, algorithmic and automated futures trading, options on futures traders
- $ Free tier available
Summary
Chicago-based CFTC-registered futures brokerage with micro commissions from $0.20/contract, a dedicated personal broker per account, and proprietary EdgeProX and EdgeWatch tools. EdgeClear offers a free tier, with paid plans from $20/month. Best suited for active futures day traders, micro futures traders, algorithmic and automated futures trading, and options on futures traders.
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