![]() Interactive Brokers charges between $.0035 and $.0005 per share, with an account minimum of $0. These fees are not waived by high-volume trading. The cheapest package with Level II data is $150 a month. Interactive Brokers ( read full review) - Software fees to use DAS Trader Pro are $100 - $200 a month, depending on the data package a client is interested in. Traders who do not need DAS Trader Pro as a platform should read our Best Day Trading Platforms guide. For example, traders have access to Trader Workstation (TWS) from Interactive Brokers for no monthly cost. Different fees are charged for different platforms. Note: The fees below are what traders can expect to pay if they are set on using DAS Trader Pro as a platform. ![]() ![]() Traders can expect to pay $100 - $200 a month, depending on the data packages they require to trade. Traders should examine their trading activity before deciding to open an account with a broker that offers the DAS Trader Pro platform. If you subscribe to DAS Trader Pro directly, you are subscribing to use the trading platform without any order routing or execution. How much does DAS Trader Pro cost?ĭAS Trader Pro data can be purchased directly from DAS, or through the brokers listed throughout this guide. CenterPoint Securities is similar to SpeedTrader and Cobra Trading, with the main differences being margin rates, commission structure, and hard to borrow shorts access. ![]() CenterPoint Securities - Direct Access Broker, $30,000 minimum depositĬenterPoint Securities is a direct-access broker with multiple clearing options and tiered, volume-based pricing.SpeedTrader - Direct Access Broker, $30,000 minimum deposit.Cobra Trading - Competitive Margin Rates, $30,000 minimum deposit.Interactive Brokers - Best Overall, $0 minimum deposit.Here's a summary of the best brokers that have DAS Trader Pro as a platform option. DAS Trader Pro traders can route orders to over 75 market makers with latency-sensitive order validation. The main (claimed) advantage of using direct-access software is faster order execution. Both options carry a monthly fee to lease the platform. Traders who wish to use DAS Trader Pro can either a) open an account with an online broker that supports the third-party platform, or b) purchase market data through DAS directly and use the platform for analysis only with no trading. Here's how we tested.ĭAS Trader Pro is a desktop trading platform built for professional direct-access trading. ![]() The best online brokers 2022 review, our 12th annual, took three months to complete and produced over 40,000 words of research. ![]()
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