Support Board
Date/Time: Sun, 12 Jan 2025 15:35:31 +0000
Post From: Datafeed - Exchange fees question
| [2017-02-21 06:24:19] |
| Merlin - Posts: 83 |
|
I am developing my futures trading method with Sierra, and I anticipate I'll need 3 to 6 months (or more) of live sim trading before beginning real-money trading. I don't intend to open an account with a futures broker until I've demonstrated consistent profitability in sim. I will be using the Sierra real-time data feed, and I'm willing to pay the necessary CME monthly exchange fees during this learning & practice period, if necessary. However, I just noticed this information on your TD Ameritrade page: "You will be able to take advantage of the lower-priced CME Group exchange fees since you are using a trading account through TD Ameritrade." Here's my question: is this true for *any* TD Ameritrade account, even one which is only used for stocks and/or equity options? Does it matter if it's an IRA retirement account? Are there specific steps I need to take with TD Ameritrade in order to qualify for the lower CME fees, or is it sufficient merely to have an account? I don't plan to trade futures with TD Ameritrade, but it might be worthwhile to move my stocks account there if it will save me the CME fees during my futures learning period. Thanks for any info you can provide, Merlin |