Sterling Trader Pro is trading software that customers access through participating brokers, not a brokerage firm. Sterling Trading Tech sells the platform to brokers, which then provide it to their customers.
The listed options are 6 brokers: Cobra Trading, CenterPoint Securities, Lightspeed, SpeedTrader, Guardian Trading, and Interactive Brokers. Interactive Brokers is different because individual traders can subscribe through Sterling's portal if they already have an established Interactive Brokers account.
Which Brokers Offer Sterling Trader Pro?
Cobra Trading, CenterPoint Securities, Lightspeed, SpeedTrader, Guardian Trading, and Interactive Brokers all appear in the supported broker list, but each uses a different access and pricing arrangement.
Cobra Trading: offers Sterling Trader Pro through its brokerage service and supports direct market access.
CenterPoint Securities: offers Sterling Trader Pro to traders operating at professional volume. Its minimum deposit is at least $30,000.
Lightspeed: resells Sterling Trader Pro as an add-on alongside its own platform, Lightspeed Trader Pro.
SpeedTrader: is listed as a broker that offers Sterling Trader Pro as a trading platform.
Guardian Trading: supports Sterling Trader Pro and integrates it with direct market access.
Interactive Brokers: lets individual traders use Sterling Trader Pro with an established Interactive Brokers account. Traders subscribe month to month through Sterling's portal instead of opening a separate brokerage relationship for the platform.
What Does Sterling Trader Pro Cost by Broker?
The software fee is often $200 per month, but the total cost depends on the broker, trading volume, market data, add-ons, and account requirements.
Cobra Trading: charges $200 per month for Sterling Trader Pro, with add-ons costing another $30 per month. The initial deposit is $25,000, and the account must maintain at least $25,000 to unlock the platform's full functionality. Cobra's Venom sub-brand offers accounts starting at $3,000.
CenterPoint Securities: uses the same $200 monthly software fee in the Sterling setup described here. Its brokerage pricing includes Standard at $0.002 to $0.004 per share, AllinAll at $0.0045 to $0.0065 per share for institutional traders, and Ticket at $3.95 to $5.95 per trade. Volume discounts start at 4,000,000 shares per month, and the minimum deposit is at least $30,000.
Lightspeed: offers Sterling Trader Pro as an add-on. On at least one prop-desk account setup, Lightspeed's promotional pricing for its own service was below the standalone Sterling monthly cost.
Fee waivers: the $200 software fee may be waived after a volume threshold is reached. CenterPoint waives it for users trading at least 300,000 shares per month. Basic market data costs about $99 per month, with each additional add-on costing $12.
Other deposit levels: some broker setups accept minimum deposits as low as $2,500. The $25,000 to $30,000 range is not universal, so confirm the requirement with the broker before applying.
How Should You Choose a Sterling Trader Pro Broker?
Choose the broker based on your existing account, trading volume, available capital, and total platform cost.
If you already have an Interactive Brokers account, check whether you can subscribe to Sterling Trader Pro directly before opening another brokerage account.
If you trade at least 300,000 shares per month, compare brokers that waive the $200 software fee after reaching that threshold.
If you have less than $25,000 available, review Cobra's Venom sub-brand, which offers accounts starting at $3,000.
Sterling Trading Tech does not set the full brokerage price. The broker controls account access, permissions, platform fees, and related charges. The same software may cost $120 to $200 or more per month, depending on the broker and your trading needs.
A Sterling subscription applies to one brokerage account. Trading at two different brokers requires two subscriptions, while multiple accounts at the same broker, such as multiple Interactive Brokers accounts, can link to one subscription.
Bottom line: compare the broker's deposit minimum, monthly software fee, market data charges, and fee-waiver threshold before opening an account. Sterling Trader Pro is the same platform, but the cost of using it changes with the broker.