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In my own experience as a trader, breaking down the total trading cost with First State Futures is not as straightforward as with some brokers that publish clear spreads and commission schedules on major indices like the US100. From the information I have gathered, I noticed that First State Futures largely structures its transaction fees based on the account type and instrument. For example, transaction fees start from $0.1 for the Single Platform Account and $0.25 for the Micro Multilateral Account, but the context did not specify exact spreads, commissions, or swap rates for index products like the US100 specifically. This lack of fee transparency is important for me, as it introduces some uncertainty when estimating my total trading costs in advance. There are also other cost considerations. While deposit and withdrawal fees are not charged, there is an inactivity fee of $50 if my account remains inactive for 30 consecutive days; I consider this potentially significant for traders who may not be active every month. Additionally, all account deposits must be made to segregated accounts, which is a positive from a safety perspective but doesn’t lower trading costs directly. In summary, with First State Futures, the clear costs I can account for per trade on indices are primarily the transaction fee starting at $0.1 or $0.25, depending on account type, and any effect from spreads—which, unfortunately, are not detailed in the available information. For me, this means I would want to contact their support, test with a demo, or get clarification before committing significant capital, as a full understanding of trading costs is essential for risk management.