I trade with a firm that uses Sterling and its the only option. Are the fees for Sterling way too high or is it just me?
Sterling Pro
- Thread starter baller1069
- Start date
The Firm I trade with uses Sterling as well as there own platform which is very close to sterling but @1/5th the price. They charge 250.00 per month for sterling but waive the fee if your monthly trader volume is greater than 100k shares. From what I have seen two hundred to three hundred is around the norm.
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Quote from Benjamin_007:
The Firm I trade with uses Sterling as well as there own platform which is very close to sterling but @1/5th the price. They charge 250.00 per month for sterling but waive the fee if your monthly trader volume is greater than 100k shares. From what I have seen two hundred to three hundred is around the norm.
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I'm only paying 180 per month to use Sterling Pro.
It depends if that number includes exchange quote subscription fees or not.
I was under the impression it was all-in usually ?
Anyway 200-300 is what I've heard also.
well, it's not that bad at golden
the software fee is taken off your net before payout so if you get a 75% cut then a 287 fee turns out being about 215.
people always compare it with title's fee but it's a bit unfair because they get a discount with sterling for whatever reason. probably cause they have hundreds or thousands of accounts. so at title you pay 150 + entitlements AFTER the cut. so i paid 150+56 (CME) to get the same info at golden for 215 so it's a 9 dollar difference.....
you save even more if you get a lower payout. but nobody wants that.
i have 3 accounts. for me it's just part of the cost of doing business. 100 a month would seem like a more reasonable price though
the software fee is taken off your net before payout so if you get a 75% cut then a 287 fee turns out being about 215.
people always compare it with title's fee but it's a bit unfair because they get a discount with sterling for whatever reason. probably cause they have hundreds or thousands of accounts. so at title you pay 150 + entitlements AFTER the cut. so i paid 150+56 (CME) to get the same info at golden for 215 so it's a 9 dollar difference.....
you save even more if you get a lower payout. but nobody wants that.
i have 3 accounts. for me it's just part of the cost of doing business. 100 a month would seem like a more reasonable price though