Current CTA's /Costs

Discussion in 'Professional Trading' started by Spectre2007, Apr 26, 2017.

  1. What are your costs running year to year?..


    Regards,
    Chris
     
  2. LLC registration ~850
    law firm retainer/disclosure document creation~4000

    software platform lifetime license ~2990
    annual maintenance ~478

    software platform lifetime license~999
    no annual maintenance fee

    daily data futures~400(per year)
    equity daily data~400-500(per year)

    website registration/creation~500

    NFA registration/fees~1200

    CPA Fees~(1500)?

    Programming Outlay~variable
     
  3. Robert Morse

    Robert Morse Sponsor

    Admins?
    Regulatory?
     
  4. nothing down the pipeline just yet.. going the 'family office' route, not dealing with other peoples money even though registered 'QEP' path.
     
  5. yearly LLC fees~ 400
     
  6. toc

    toc

    LLC registration roughly 800

    Disclosure Document - just read various other CTA documents and make your own, lots of free advise available on internet and also from NFA also.

    Software platform: Don't need it. Lots of brokerages offer good options.

    Daily data: $500 per year for futures, IB gives lots of them at cheap

    Website: $100/year for hosting. Lots of free places to make websites on internet easily.

    NFA registerations $1200/year

    CPA Fees: Do your own research and accounting

    Hence for $200-300 a month one can run a CTA shop. Admin and others come in later once revenue flow is decent.
     
  7. toc

    toc

  8. IMG_3455.JPG
     
  9. software/data subscription used for testing.. out different concepts.. A very good investment for me. Plus has a book keeping function.
     
    #10     Apr 26, 2017