The original question was: DO YOU KNOW WITH WICH BROKER I CAN TRADE VIX FUTURES (APART INTERACTIVE ) THANKS
What's in this guide? show
If you’re not keen on Interactive Brokers, there are a plethora of futures brokers that offer access to VIX futures. However, I wouldn’t discount IBKR, they have a good reputation, low fees and provide access to a wide variety of markets. You can read our interview with Thomas Peterffy, the CEO & founder here.
Firstly, you will need a futures broker, you can either visit our page on Futures Brokers or take a look at any of the below futures brokers:
- Saxo Capital Markets
- Linear Investments
- R.J. O’Brien
- Berkley Futures
Alternatives to VIX futures:
Trading futures is generally only for professional or experienced traders. As such minimum deposits for futures brokers tend to be around £10,000 or higher. You will also have to pay commission on a per trader basis. Futures commission are generally volume-based, so the more you trade the lower they are.
However, with futures trading, you will be using a DMA broker who should provide direct access to the exchange order book, in this case, the CBOE. Which means you can work bid/offers, and get inside the price.
If you are looking for a broker that offers access to the VIX market but with slightly smaller trade sizes you can go with a spread betting or CFD broker like:
- IG – good allrounder
- Spreadex – good personal service
- CMC Markets – very innovative platform
Other ways to trade the VIX:
Volatility ETFs, such as ProShares VIX Short-Term Futures ETF and ProShares Ultra VIX Short-Term Futures ETF can be bought through a stockbroker and is as easy as buying any other stock like Apple or Lloyds.
Below our comparison table of VIX brokers you can also read our guide to VIX trading which covers:
- How to trade the VXX
- Spread betting on market volatility using the VIX
- How To Use Volatility ETNs (VXX & VXZ) To Protect Your Stock Portfolios
- What brokers offer VXX and VZN trading and volatility indices?
- What is Volatility Trading?
- Two things to remember to trade volatility ETNs successfully
Richard founded the Good Money Guide (previously Good Broker Guide) in 2015 and has been a broker for 20 years most recently at Investors Intelligence and previously a multi-asset derivatives broker at MF Global (Man Financial). Richard started his career working as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson) after interning on the NYMEX oil trading floor in New York and London IPE in 2001 & 2000.
