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DAS Trader Pro Cost

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DAS Trader Pro is a paid direct-access trading platform, and the retail subscription prices listed for 2026 run from $100 to $200 per month before broker commissions and some add-on data feeds.

A single "$100 to $200" figure is not the full cost. Your total depends on the platform tier, market data, professional status, broker, and any volume waiver you qualify for. The figures below come from DAS's subscription information and the broker pricing details supplied for this comparison.


What You're Paying For

DAS Trader Pro charges a monthly platform fee. That fee is separate from your broker's commissions and from market data charges, so the costs can stack quickly.

You can use DAS Trader Pro through a compatible broker for live order execution, or subscribe directly through DAS for market data and analysis. A direct DAS subscription does not route live orders.


DAS Trader Pro Subscription Plans: Exact Pricing (2026)

The following five non-professional, or retail, tiers are listed for Interactive Brokers users. The plan determines which market data feeds are included.

Non-Professional Plans (Retail Traders)

Basic User

Monthly Price
$100/mo
What's Included
Basic Level 1 data for US equity markets

Standard User

Monthly Price
$120/mo
What's Included
Regional data, OPRA or OTC Level 1

Deluxe User

Monthly Price
$150/mo
What's Included
NASDAQ TotalView, OPRA or OTC Level 2

Elite User

Monthly Price
$175/mo
What's Included
All books, OTC or OPRA Level 1, Imbalance, FLOAT, FX

Premium Elite

Monthly Price
$200/mo
What's Included
All books, OTC or OPRA Level 2, Imbalance, FLOAT, FX

Plan

Monthly Price

What's Included

Basic User

$100/mo

Basic Level 1 data for US equity markets

Standard User

$120/mo

Regional data, OPRA or OTC Level 1

Deluxe User

$150/mo

NASDAQ TotalView, OPRA or OTC Level 2

Elite User

$175/mo

All books, OTC or OPRA Level 1, Imbalance, FLOAT, FX

Premium Elite

$200/mo

All books, OTC or OPRA Level 2, Imbalance, FLOAT, FX

Professional Plans (Registered/Institutional Traders)

Traders who meet the SEC or CFTC definition of a professional subscriber pay more for market data. The Interactive Brokers professional plans listed here start at $300 per month and reach $550 per month for the complete package.

NASDAQ TotalView PRO

Monthly Price
$300/mo
What's Included
TotalView only

TotalView + OTC/OPRA Lv1 PRO

Monthly Price
$350/mo
What's Included
TotalView + Level 1 options/OTC

TotalView + OTC/OPRA Lv1 + Imbalance PRO

Monthly Price
$400/mo
What's Included
Adds imbalance data

TotalView + OTC/OPRA Lv2 PRO

Monthly Price
$450/mo
What's Included
TotalView + Level 2 options/OTC

TotalView + OTC/OPRA Lv2 + FLOAT + Imbalance PRO

Monthly Price
$500/mo
What's Included
Full suite minus ARCA/IEX

TotalView + OTC/OPRA Lv2 + ARCA + IEX + Imbalance PRO

Monthly Price
$550/mo
What's Included
Complete professional package

Plan

Monthly Price

What's Included

NASDAQ TotalView PRO

$300/mo

TotalView only

TotalView + OTC/OPRA Lv1 PRO

$350/mo

TotalView + Level 1 options/OTC

TotalView + OTC/OPRA Lv1 + Imbalance PRO

$400/mo

Adds imbalance data

TotalView + OTC/OPRA Lv2 PRO

$450/mo

TotalView + Level 2 options/OTC

TotalView + OTC/OPRA Lv2 + FLOAT + Imbalance PRO

$500/mo

Full suite minus ARCA/IEX

TotalView + OTC/OPRA Lv2 + ARCA + IEX + Imbalance PRO

$550/mo

Complete professional package

Most retail day traders qualify as non-professional. If you are not registered with the SEC, CFTC, or a state securities agency, and you are not employed by a bank in a trading capacity, you are non-professional by default.


The Hidden Layer: Market Data Add-Ons

The plans include bundled data, but DAS also sells individual feeds separately. These add-ons raise the monthly bill when you need data that is not included in your plan.

Non-Professional Add-On Data Fees

Data Feed

Monthly Cost

OTC Expert Markets

$100/mo

OTC Markets Level 2

$50/mo

OTC Markets Level 1

$25/mo

OPRA Level 2 (options)

$50/mo

OPRA Level 1 (options)

$25/mo

ARCA Book

$15/mo

IEX Deep

$5/mo

E-Mini Futures

$55/mo

Trade Signal

$35/mo

Fundamental Data

$15/mo

Imbalance Data

$15/mo

Forex Data

$5/mo

TSX Level 1

$25/mo

Market Replay Level 1

$15/mo

Additional IB Account

$50/mo

Professional Add-On Data Fees

Professional subscribers pay more for several of the same feeds.

Data Feed

Monthly Cost

OTC Expert Markets

$200/mo

OTC Markets Level 2

$100/mo

ARCA Book

$65/mo

E-Mini Futures

$210/mo

OTC Markets Level 1

$50/mo

OPRA Level 1

$50/mo

TSX Level 1

$60/mo

A professional trader using the full package with OTC Level 2, ARCA, and E-Mini data pays more than $750 per month in data before paying a commission.


What the Direct DAS Subscription Costs (No Broker)

A direct DAS subscription starts at $125 per month for the basic service. This option provides market data and analysis, but it does not allow live trading through DAS.

It can be used for:

  • Paper trading and simulation through a standalone simulator account

  • Market analysis without live order execution

  • Platform practice before choosing a broker

DAS also offers a 14-day trial through its website. The trial is available to first-time users.

Important: DAS IB and DAS TD subscriptions include a Simulation mode. Market Replay at any time is available only on Simulator packages. Live trading environments limit Replay to non-market hours.


Cost by Broker: What Each One Charges

The platform fee and waiver rules depend on the broker.

Interactive Brokers

Interactive Brokers charges $100 per month for the platform, plus data fees. IBKR does not waive this fee for high-volume trading. It remains $100 per month regardless of how many shares you trade.

IBKR Pro's tiered pricing starts at $0.0035 per share, with a minimum of $0.35 per trade and a maximum of 1% of trade value. Trading 300,000 or more shares per month can reduce the rate to as low as $0.0005 per share.

CenterPoint Securities

CenterPoint charges $120 per month for DAS Trader Pro, but waives that fee above 200,000 shares per month. DAS market data costs $18 per month for the Standard package and $68 per month for Premium. The professional versions cost $63 and $148 per month.

SpeedTrader

SpeedTrader charges $25 per month for the web-only package and up to $104 per month for more advanced packages. The platform fee is waived when the client generates $499 in commissions. Market data ranges from $15 to $115, depending on the package.

Lightspeed

Lightspeed charges $130 per month for the DAS platform and requires a minimum account balance of $50,000. Commissions range from $0.001 to $0.0035 per share, with a $0.25 minimum per trade.

Summary Table

Interactive Brokers

Platform Fee
$100/mo
Waiver Threshold
No waiver
Min. Deposit
None (IBKR Pro req.)

CenterPoint Securities

Platform Fee
$120/mo
Waiver Threshold
200,000 shares/mo
Min. Deposit
$30,000

Lightspeed

Platform Fee
$130/mo
Waiver Threshold
Commission-based offset
Min. Deposit
$50,000

SpeedTrader

Platform Fee
$25 to $104/mo
Waiver Threshold
$499 in commissions/mo
Min. Deposit
$30,000

Broker

Platform Fee

Waiver Threshold

Min. Deposit

Interactive Brokers

$100/mo

No waiver

None (IBKR Pro req.)

CenterPoint Securities

$120/mo

200,000 shares/mo

$30,000

Lightspeed

$130/mo

Commission-based offset

$50,000

SpeedTrader

$25 to $104/mo

$499 in commissions/mo

$30,000


Prepaid Plans: Do They Save Money?

DAS offers 3-month, 6-month, and 12-month prepaid plans. Using the Standard User plan at $120 per month, the cost is:

Monthly

Total Cost
$120/mo
Effective Monthly
$120/mo

3 months

Total Cost
$360
Effective Monthly
$120/mo

6 months

Total Cost
$720
Effective Monthly
$120/mo

12 months

Total Cost
$1,440
Effective Monthly
$120/mo

Billing Cycle

Total Cost

Effective Monthly

Monthly

$120/mo

$120/mo

3 months

$360

$120/mo

6 months

$720

$120/mo

12 months

$1,440

$120/mo

Prepaid plans do not reduce the monthly rate. The benefit is continued access without monthly renewal.

Refund policy: DAS does not offer refunds on data subscriptions or add-on services. Subscribers keep access to the product and data until the end of the subscription period. Test the platform monthly before paying for a longer term.


The True Monthly Cost: What Different Traders Pay

These examples show how the platform fee and data costs combine for different use cases.

Starter, paper trading or analysis only

  • DAS direct simulator subscription: approximately $125/mo

  • Market Replay: +$15/mo

  • Total: approximately $140/mo

Active day trader, non-professional equities only

  • Standard plan at IBKR or CenterPoint: $100 to $120/mo

  • No add-ons beyond the bundled data

  • Total: $100 to $120/mo, with a possible waiver at CenterPoint above 200,000 shares per month

Serious day trader, small caps, options, or OTC

  • Premium Elite plan: $200/mo

  • OTC Level 2: +$50/mo

  • OPRA Level 2: included in Premium Elite

  • Total: approximately $200 to $250/mo

Professional trader, SEC-registered or institutional

  • TotalView + OTC/OPRA Lv2 + ARCA + IEX + Imbalance Pro: $550/mo

  • E-Mini: +$210/mo

  • Extra account: +$50/mo

  • Total: $750 to $850 or more per month


Volume-Based Fee Waivers: How to Pay $0 in Platform Fees

Some brokers waive or offset the platform fee when your trading volume or commissions reach a set level.

  • CenterPoint Securities: Platform fee waived above 200,000 shares per month

  • SpeedTrader: Platform fee waived when you generate at least $499 in commissions per month

  • Lightspeed: Commission offsets apply for high-volume traders

Trading 250,000 shares or more in a month may qualify you for a free platform subscription, depending on the broker's rules.

For a full-time day trader averaging more than 300 trades per week, the platform fee may no longer be the main cost. Commissions and market data still matter, although both can fall at higher trading volumes through tiered pricing.


Is DAS Trader Pro Worth the Cost?

Whether DAS Trader Pro is worth the cost depends on your trading frequency, strategy, and need for specialized tools.

DAS Trader Pro may make sense if:

  • You trade 100 or more times per week and need sub-millisecond order routing

  • You short small caps and need integrated locate tools

  • You use hotkey-driven order entry that cheaper retail platforms do not support

  • You need Level 2 depth on mobile

A cheaper platform may make more sense if:

  • You trade fewer than 20 to 30 times per week and are unlikely to offset the platform fee through execution savings

  • You trade large caps only on NASDAQ or NYSE, where other retail platforms may provide suitable routing

  • You are still learning and a simulator from a free platform covers what you need

Try Before You Commit

DAS Trader Pro costs $100 to $200 per month for many retail users, and the learning curve is real. Hotkeys, Level 2, and the dense interface take time to learn. Use the demo across several live sessions and check whether the execution speed changes your fills. If you are still comparing the platform with other options, our

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