LS Rate increase for Prop Firms?

Discussion in 'Prop Firms' started by Transparency, Nov 3, 2010.

  1. TO: Prop Traders using LS platform

    Anyone trading on Light Speed Platform through a Prop firm hearing of rate increases? I am hearing prop firms are passing through rate increases for LS platform commissions as a result of LS raising the rates it charges the Prop firms who license the software.
    Anyone else hearing or experiencing similar, that LS raised their rates charged to Prop Firms?
    I understand if prop firms need to pass this cost through but I wanted to see if anyone else out there is experience the same thing.
     
  2. use lightspeed with very competitive rates. didnt hear anything about the increase.
     
  3. mews

    mews

    I hear from a few prop firms that they raised them very slightly. Not sure of the specifics though. Supposedly Lightspeed was trying to get all prop firms in line regarding pricing.
     
  4. I heard LASER software increase 130$ fee/month.