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Updated February 7, 2022
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February 6th, 2022, 10:32 AM
Dayton, OH USA
Experience: Intermediate
Platform: TradeStation
Broker: TradeStation
Trading: MES
Posts: 38 since Sep 2017
Thanks Given: 10
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What is the typical fee per k per side?
TradeStation , $1.50/k/side
TradeStation Salutes, $0.45/k/side
NT Lifetime, $2.04/k/side for ES. I assume that is /side rather than /RT.
NT Lifetime, $0.56/k/side for MES. I assume that is /side rather than /RT.
Interactive Brokers , $0.25 - 0.85 /k +plus exchange, regulatory & carrying fees. I assume per side.
There are other variables, platform fees or cost, data feeds, Exchange and NFA fees, routing fees etc.
Can you help answer these questions from other members on NexusFi?
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February 6th, 2022, 11:57 AM
United Kingdom
Elite_Member
Experience: Intermediate
Platform: Topstep X
Broker: Topstep Live Funded
Trading: US Equity Index Futures
Frequency: Many times daily
Duration: Minutes
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The prices are per side and per contract. I don't know what you mean by "per k".
( https://www.tradovate.com/pricing/ ), is one you haven't mentioned. the Commission Rates download on that page is also per side.
"You do not win as a trader, you just get to play again the next day. If that game doesn’t appeal to you then you should not trade" - Gary Norden
February 6th, 2022, 12:43 PM
Dayton, OH USA
Experience: Intermediate
Platform: TradeStation
Broker: TradeStation
Trading: MES
Posts: 38 since Sep 2017
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matthew28
The Ninjatrader prices are per side and per contract. I don't know what you mean by "per k".
Tradovate (
https://www.tradovate.com/pricing/ ), is one you haven't mentioned. the Commission Rates download on that page is also per side.
Thanks for the reply and for the link. I will add that to the list.
My question should have been more clear, /side or /RT?
"k" is legalese for contract. Contracts law was a core class in B school.
February 6th, 2022, 12:44 PM
Houston TX
Legendary Market Wizard
Experience: Advanced
Platform: TT Stellar & Tradestation
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February 7th, 2022, 03:51 AM
United Kingdom
Elite_Member
Experience: Intermediate
Platform: Topstep X
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Trading: US Equity Index Futures
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Duration: Minutes
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SteveJewels
"k" is legalese for contract. Contracts law was a core class in B school.
That's interesting, I didn't know that. I knew you didn't mean per 1000, but couldn't figure out what it could mean
"You do not win as a trader, you just get to play again the next day. If that game doesn’t appeal to you then you should not trade" - Gary Norden
Last Updated on February 7, 2022