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Typical charge per k per side


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Typical charge per k per side

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SteveJewels's Avatar
 SteveJewels 
Dayton, OH USA
 
Experience: Intermediate
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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.

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 matthew28 
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The Ninjatrader prices are per side and per contract. I don't know what you mean by "per k".

Tradovate ( https://www.tradovate.com:443/pricing/ ), is one you haven't mentioned. the Commission Rates download on that page is also per side.

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SteveJewels's Avatar
 SteveJewels 
Dayton, OH USA
 
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matthew28 View Post
The Ninjatrader prices are per side and per contract. I don't know what you mean by "per k".

Tradovate ( https://www.tradovate.com:443/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.

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 SMCJB 
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 matthew28 
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SteveJewels View Post
"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
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Last Updated on February 7, 2022


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