Topsteptrader

Discussion in 'Prop Firms' started by deaddog, Jun 25, 2013.

  1. Xela

    Xela


    Don't overlook the CME fees for data (starting at $85 per month) and the fact that TST's Combine-fees, which start at $95 per month, include those fees.



    If you have the capital to fund your own account, then you're not part of TST's target market anyway, are you?
     
    #1901     Jan 12, 2016
  2. If you are a non pro, the fee is only $15 a month.
     
    #1902     Jan 12, 2016
    VPhantom likes this.
  3. Xela

    Xela


    I thought it was only $5 (it must have increased since I looked). Meanwhile, if you're not a trader at all, it's zero. But neither of these figures is relevant to this context.

    What is relevant is that the CME $85 fee is already included in the TST fees (which start at only $95), a fact of which many people implicitly criticizing the Combine-fees seem to be unaware.
     
    #1903     Jan 12, 2016
  4. Yeah it starts at 5 and the "combo meal" is 15. Yes I agree with you, if you trade multiple markets it brings the min combine down to 70, which ain't bad for the opportunity it can bring.
     
    #1904     Jan 12, 2016
  5. Howard

    Howard

    I'm well aware of the cost of funding my own account including fees.

    Probably not.
     
    #1905     Jan 12, 2016
  6. That's true, however, you'll find that trading in your own simulator vs. TST is quite different, since you can "cheat" in the broker's platform whereas with TST you have to follow a strict set of rules.
     
    #1906     Jan 12, 2016
    VPhantom and Howard like this.
  7. When comparing costs, compare the data fees for a retail vs. TST. Retail with AMP, for example, is $15 for the bundle (data fees). TST charges $85 per exchange. The combine includes the data, the live account does not. So if you want an "apples to apples" comparison, it's $15 vs. $85 for CME data fees for live accounts.

    Platform costs are extra, however I believe TST won't charge you extra if you use CTS (T4), which they include in the $85/month CME fee.
     
    #1907     Jan 12, 2016
  8. VPhantom

    VPhantom

    And that's per exchange, too! You could spend $340 per month in CME data fees alone at TST, whereas in my stand-alone, non-professional setup the equivalent is $15.75. For a small combine with a strategy spread over all 4 markets, that'd be a very expensive difference.
     
    #1908     Jan 13, 2016
    ScalperJoe likes this.
  9. Exactly, and that is why the majority of traders at TST are funded with just one product, CL.
     
    #1909     Jan 14, 2016
    VPhantom likes this.
  10. stepan7

    stepan7

    Do you know whole TST statistics?
     
    #1910     Jan 14, 2016