As a funded trader, you are responsible for covering the data fee charged by the exchange. You are required to pay this regardless if you get data from a 3rd party source. This is a monthly fee that is not prorated based on start date and is charged by the exchange directly to your data provider. These fees will be charged during the last week of the month for the following month. Fees may vary if you require a direct connection. The data for each exchange is charged separately to your credit card as follows:
- CME products $105.00 (Effective 04/01/2018)
- CBOT products $105.00 (Effective 04/01/2018)
- NYMEX products $105.00 (Effective 04/01/2018)
- COMEX products $105.00 (Effective 04/01/2018)
- EUREX products $69.00 USD
You can find the permitted products per exchange here.
A trader trading one product (or more) on the CME (i.e. E-mini S&P) would be responsible for $105 per month. Multiple products on one exchange do not increase the fee.
- Add Crude Oil (a NYMEX product) and you would be responsible for $210 ($105 x 2) per month.
- Add Gold (a COMEX product) and you are responsible for $315 ($105 x 3) per month.
- Add another product like Soybeans (a CBOT product) and your responsibility increases to $420 ($105 x 4) per month.
When you are in the live account you are considered a professional trader in the eyes of the CME group since we are providing the capital to take on risk in Funded Account™. While this will not change your status with any of your other accounts, it does require you to pay professional fees to trade within a Funded Account™. The monthly charges are shown above. You can find more information here about the round turn charges.