That's correct other than: 1) $0.20 Rithmic cost is only if using Finamark, otherwise $0.25. Same with exchange fee (what you mentioned if only trading ES) 2) There is no drawdown limit (not sure where the 25% came from) 3) 80/20% profit share is best offer, could be 70/30 on lower end. 4) Doesn't have to be Rithmic (it is if Finamark). Could also be TT or CQG.
I would never accept an offer higher than 20%. I wonder if I would be wasting my time? I have no criteria to judge this with and I must lay out the Gauntlet fee to find out. ES
Unless you just do the bare minimum 10% or have a huge drawdown, you're unlikely to get the lower end.
$105.00/Mo. Pro Data Fee. (cannot trade as a retail trader in your own account for the lower fee, once you sign up with a Prop firm.) Can someone explain this to me?
Exchange requirements. If you trade other people's money you are identified by the exchanges as a Pro. The data fees are higher for Pro accounts than for non-pro accounts. This will also carry over to your own retail accounts as long as you qualify as pro anywhere.
sheesh how clear can this get? $1.90 * 2 = $3.80 RT "all in"...maybe 10 cents more for others besides Finmark. Ryan...how do you do this? It takes a lot of patience. ES
"Here is an example: $0.25 Rithmic + $0.02 NFA + $1.50 Exchange Fees + $1.48 commission = $3.25/side" I assume RT is round trip. I assume /side is per trade. Not clear at all.