I had the X-Trader transactional with Global futures. I was a low volume customer. The fact that they even offered it in the first place makes me think the brokers must be making a killing on the folks who pay 700 a month. They probably pay 200 to TT and pocket the rest. I was told the TT feed costs 50 a month. 650 for a software lease is gross.
If it's so, why no one other broker/ FCM different than Velocity offers the transactional billing on TT? Even Ninjatrader costs $50/60 per month...
I looked on the website and found this: Margin Call/Liquidation fee - $25/per contract Does this mean $25 per liquidated contract or $25 for every contract which causes the margin call? Why not just charging the normal commission?