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Date/Time: Wed, 15 Jan 2025 22:44:56 +0000



Post From: Going to a live account

[2017-09-08 03:22:20]
AlexF - Posts: 3
Hi

I have been trading forex, equities and indicies for 4 years. Confident with my trading strategies just not with retail brokers. Trying to move from OTC brokers to futures brokers. I have got a demo account up and running on Sierra Charts and have a broker called Optimus (which have not answered any questions I have had so I will be moving elsewhere) and a data feed through CTS T4. It seems a lot more confusing than a retail brokerage as you have a lot of different fees you have to pay to different companies.

From what I can see I need to fund
- Sierra Charting software for a monthly subscription.
- A data feed, either through sierra charts or an external feed.
- Then you will have your brokerage commission and fees which is also through someone else.
- Then possibly a clearing house (unsure about this as it's not part of OTC brokers), also through someone else.

So all up you could have 4 different monthly subscriptions to pay to different companies just to be able to get a live account up and running.

Out of all this I'm still unsure how I go about funding these aspects.

Any help please?