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Why are individual traders charged for professional data fees?


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  #1 (permalink)
opi5981
Beijing,China
 
Posts: 22 since Sep 2021
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Why are individual traders charged for professional data fees?
I trade on EUREX and CME. The fees charged by EUREX are non-professionals, while CME is a professional. I declared that I am a non-professional when opening an account. Did AMP change it privately?I only trade 1 fgbl contract, 2 MCL and 2 MGC. Is this enough to make me a professional? I think it is very ridiculous.


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  #2 (permalink)
 
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 xplorer 
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opi5981 View Post
Why are individual traders charged for professional data fees?
I trade on EUREX and CME. The fees charged by EUREX are non-professionals, while CME is a professional. I declared that I am a non-professional when opening an account. Did AMP change it privately?I only trade 1 fgbl contract, 2 MCL and 2 MGC. Is this enough to make me a professional? I think it is very ridiculous.

It's worth asking your broker why you're getting charged a professional fee. Could be a mistake, could be something you declared in your application pack.


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  #3 (permalink)
 kevinkdog   is a Vendor
 
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Some brokers assign you as a professional if you trade through an LLC or corporation.


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Last Updated on December 24, 2021


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