TT® Platform Monthly Service Fees

End User Fees

TT Standard TT Pro
User Minimum Fee1 $50 $4002
Transaction Cap $1,000 $1,800
Charge Per Contract, Lot or Side $0.30 $0.30
Charge Per Fixed Income Contract $3.00 $3.00
Charge For Cryptocurrencies3 .5 basis points (bps) of notional value4 .5 basis points (bps) of notional value4
 
-OR-
 
Subscription $700 $1,400

Add-on Fees

TT Standard TT Pro
Advanced Options Package $300 $300
Position Transfer Charge Per Contract, Lot or Side $0.25 $0.25
Position Transfer Charge For Cryptocurrencies3 .5 basis points (bps) of notional value4 .5 basis points (bps) of notional value4
TT REST API Key – Low Usage Plan5 $50 $50
TT REST API Key – Medium Usage Plan5 $100 $100
TT REST API Key – High Usage Plan5 $250 $250
TT .NET SDK Key – Low Usage Plan6 N/A $25
TT .NET SDK Key – Medium Usage Plan6 N/A $50
TT .NET SDK Key – High Usage Plan6 N/A $200

Exchange Subscriber Fees

BROKER/FCM FEES

Some Services may be subject to additional Service Fees
(e.g. Connectivity Fees, TT Prime, TT Reserved, TT SCORE)
 

Market Access Provider (MAP) Fees

$250/user per Exchange; Plus flat $3,000 per Exchange for FIX order routing; MAP fees not to exceed $5,000 per Exchange7
All MAP fees are waived on TT if the Exchange in question is supported by the broker or FCM in any X_TRADER environment, hosted or deployed on-premises.

Exchange Distribution Fees

FIX Order Routing

Minimum Fee8 Transaction Rate Included Transactions
None $0.05 None
$5,000 $0.03 166,667
$10,000 $0.02 500,000
$15,000 $0.01 1,500,000
$20,000 $0.005 4,000,000

FIX Order Routing – Cryptocurrency Trading

Minimum Fee Transaction Rate Included Transactions
$5003 .25 basis points of notional value9 $20,000,000 notional

1All users (including admins) who log in to any TT offerings in a given month will be billed $50 per month per company relationship. Company relationship is defined as either (i) a broker if a broker pays for the user’s Service Fees or (ii) the user or user’s company if the user or their company pays for the user’s Service Fees.

2When a user has order activity using TT Pro, an additional $350 will be billed totaling a $400/month minimum fee for TT Pro.

3Effective October 1, 2019, monthly platform fees for either TT Standard or TT Pro apply. Transactional fees do not apply to end user subscription pricing.

4Fees for cryptocurrency trading are .5 basis points based on the notional value traded. For example, if the amount traded is or is equivalent to $10,000, the fee would be calculated as $10,000 x .00005 = $.50.

5Usage plans for each TT REST API key are restricted as follows: (i) Low Usage Plan is limited to a maximum of 5 requests per second and 15k requests per day. (ii) Medium Usage Plan is limited to a maximum of 10 requests per second and 30k requests per day and (iii) High Usage Plan is limited to a maximum of 25 requests per second and 75k requests per day.

6Usage plans for each TT .NET SDK key are restricted to a maximum number of concurrent price subscriptions as follows: (i) Low Usage Plan--25 concurrent price subscriptions, (ii) Medium Usage Plan--50 concurrent price subscriptions, (iii) High Usage Plan--200 concurrent price subscriptions. If users would like unlimited price subscriptions, they can pay for a dedicated TT Reserved Edge Service.

7Charged per Exchange per user who is logged in and configured to trade on that Exchange. Fee is not contingent on activity like a transactional based pricing model.

8Monthly minimum fee with an annual commitment.

9Fees for cryptocurrency trading are .25 basis points based on the notional value traded. For example, if the amount traded is or is equivalent to $10,000, the fee would be calculated as $10,000 x .000025 = $.25.