Some people pay more than $30K commission per month. Is it possible for them to bypass the broker? Can a person buy a license(or whatever they call it) from CME or CBOT and then connect directly to the exchance and trade? How much will this cost?
It would be too expensive. You would need to setup up a server, rent the T-1 lines, pay the exchange fee's, I believe you'd have to rent or buy a seat, and you may have to become a broker dealer, which would really kill you with upfront costs, and then the regulatory requirements. You're better off going with a prop firm, then a broker or setting it up yourself.