What is FairX?
Launched in June 2021, FairX is a new CFTC-regulated futures exchange that offers micro and nano futures instruments.
Their unique business model has been specifically designed for active retail traders, to provide simple, accessible, and more affordable futures trading opportunities.
Why Trade FairX Instruments?
Bookmap has partnered with Tradovate to offer zero-cost trading on all FairX instruments.
Pay no broker commissions, no data fees, no exchange fees, no NFA fees, and no Bookmap fees.
Markets are open 23 hours a day, 5 days a week. There are 5 instruments available that are correlated to some of the most highly traded stock index and crude oil futures.
Margin requirements are as low as $10 (on nano instruments) to $50 (on micro instruments). This creates an exciting opportunity and extremely low barrier to entry for anyone interested in trading futures.
How to Get Started
Please watch the following video for details on how to get started:
1. Register a Tradovate Account by Following Our Link
Use our dedicated link to sign-up to Tradovate. Registration takes just a few minutes and no deposit is required.
2. Install the Latest Version of Bookmap
New Bookmap Traders
If you don't already have a Bookmap account, you'll first need to register by completing our short sign-up form here.
Then download and install Bookmap.
Existing Bookmap Traders
If you've already registered with Bookmap and have an existing account:
3. Connect Bookmap to Tradovate
Enable the Tradovate connection within Bookmap (if Tradovate doesn't appear in your list of connections you need to install and configure the Tradovate adapter).
Authenticate the connection by entering your Tradovate credentials in the pop-up browser window (you can also login with your social account if preferred).
You are now ready to subscribe to FairX futures instruments.
What Instruments Are Available on FairX?
The following five instruments are currently available:
- B5 (Nano S&P500)
- LB5 (Micro S&P500)
- TEC (Nano Top 15 Tech)
- LTEC (Micro Top 15 Tech)
- OIL (Micro Crude Oil)
For the latest instruments and product codes please check the FairX website.
FairX Futures Symbols
When subscribing to FairX futures instruments through Bookmap you must add the expiry month and year to the symbol name.
For example B5Z1 represents the B5 FairX futures contract with the December 2021 expiration.
You can find the most recent FairX contracts here and use the following codes to subscribe to the correct symbol:
- January – F
- February – G
- March – H
- April – J
- May – K
- June – M
- July – N
- August – Q
- September – U
- October – V
- November – X
- December – Z
- 2021 – 1
- 2022 – 2
- 2023 – 3
- 2024 – 4
- 2025 – 5
- 2026 – 6
- 2027 – 7
- 2028 – 8
- 2029 – 9
Note: You can also trade regular CME futures instruments.
Which Bookmap Package is Required to Access CME/FairX Instruments?
Digital and Digital+ Bookmap users will only be able to view the following instruments through the Tradovate connection:
ES, YM, NQ, RTY, MES, MYM, MNQ, M2K
B5, LB5, TEC, LTEC, OIL
You will also be able to trade these instruments via a Tradovate account.
Global Bookmap users will have unrestricted viewing capability. You'll also be able to trade the FairX instruments on Tradovate and the micro instruments on FairX or CQG.
Global+ Bookmap users will have no viewing or trading restrictions using the Tradovate adapter through Bookmap.
How to Subscribe to a FairX Futures Instrument
Once you have enabled the Tradovate connection you can subscribe to FairX instruments by clicking on the "Add Instrument" icon, choosing the "Tradovate" platform, entering your preferred symbol, and clicking "Subscribe":
FairX Frequently Asked Questions
Listed below are some answers to commonly asked questions regarding FairX and Tradovate.
Tradovate doesn't appear in my list of connections
First, check that you have the Tradovate adapter installed. Click "Settings" then "Manage Connections" to open the Bookmap Plugins Manager.
If the "tradovate-adapter" is listed as "Available for Install", proceed with the installation and restart Bookmap.
You can now add the Tradovate connection by selecting "Connections" > "Configure" and adding the new connection from the Connectivity Configuration.
Tradovate should now appear in your list of connections.