lowest monthly cost

Discussion in 'Prop Firms' started by MVP, Nov 11, 2011.

  1. MVP


    Please list your total monthly expense charged by the Prop firm. I was wondering if there are any firms who do not charge a monthly software platform fee which payout at/near 100%.
  2. they're all pretty much the same 200-300 depending on the data you need.
  3. Platform fees are generally rebated with minimal volume. Ours is $200, and covers NYSe and Level 1 fees. Fully rebated at only 200K shares (which may seem high to newer traders, but is only about 5 trades in and out per day)...


  4. hitnrun


    there is always a data fee for the platform you use
    range from 150.00 - 250.00 mos . no free real time data
    look at this way you pay about 50.00 per week to trade . no big deal
  5. The thing is once you join a prop firm you are considered a "professional" so the exchanges get to charge you more in fees for data.

    If you want free software and 100% payout, retail is the way to go.
  6. my firm waives my monthly fee if my monthly PL > 15k
    it is a WTS firm and gives me 1500K BP
  7. sterling is pretty cheap. you have to pay data feeds so the software fee doesn't really matter it'll cost you around $200 regardless.