Winners Summary
Best overall - Interactive Brokers
| Company |
Minimum Deposit |
Stock Trades |
Options (Per Contract) |
Offers
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Visit Site |
 Interactive Brokers
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$0.00 |
$0.00 |
$0.65 |
New clients, special margin rates. |
Visit Site
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The platform fee is $100 per month with additional charges for data and the fees are not waived by high-volume trading. Interactive Brokers’ IBKR Pro account tier charges between $.0005 and $.0035 per share, with a minimum of $0.35 per trade and a maximum of 1% of the trade value. The account minimum is zero, zip, and nada. Read review.
Priced for smaller traders – Lightspeed
| Company |
Overall |
Offers
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 Lightspeed
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Lightspeed charges $130 per month for the platform but the fee is offset by commissions. To avoid account fees of $25 per month, all it takes is $25 in commissions or $15,000 in equity. The commission per share is $0.001 to $0.0035 with a minimum commission of $0.25.
Lowest base platform fee – SpeedTrader
| Company |
Overall |
Offers
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 SpeedTrader
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The platform base fee is only $99 per month, which is waived after $499 in commissions. Commissions range from $0.0009 to $0.0025 per share, but there’s a minimum commission of $2.49. The account minimum is $10,000.
Low account minimum - ChoiceTrade
| Company |
Overall |
Offers
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 ChoiceTrade
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If you want to dip your toes into DAS Trader Pro, ChoiceTrade requires only $100 to open a cash account. Keep in mind those pattern day trading rules, though. The platform fee is $135 per month and commissions range from $0.001 to $0.003 with a minimum commission per trade of $2.
FAQs
How much does DAS Trader Pro cost?
DAS Trader Pro data can be purchased directly from DAS, or through the brokers noted in this guide. If you subscribe to DAS Trader Pro directly, you are subscribing to use the trading platform without any order routing or execution. Traders should examine their trading activity before deciding to open an account with a broker that offers the DAS Trader Pro platform.
Traders can expect to pay $100 - $200 a month, depending on the data packages they require to trade. Note: The fees below are what traders can expect to pay if they are set on using DAS Trader Pro as a platform. Different fees are charged for different platforms. For example, traders have access to Trader Workstation (TWS) from Interactive Brokers for no monthly cost. Casual traders might find lower cost options in our Best Day Trading Platforms guide.
What brokers are compatible with DAS Trader?
As of February 2024, DAS Trader Pro is supported by these U.S. brokers:
- ChoiceTrade
- CenterPoint Securities
- Cobra Trading
- Guardian Trading
- Interactive Brokers
- Lightspeed
- Mondeum Capital
- SpeedTrader
Does DAS Trader Pro have a mobile app?
Yes. DAS Trader Pro is one of the few mobile trading applications to offer real-time Level 2 data. The DAS Trader Pro app provides the ability to locate shorts, display depth for options and use trade signals.
Does DAS Trader work on Mac?
You can run DAS Trader Pro on a Mac device by using Apple’s Boot Camp utility. That said, DAS Trader Pro is intended to be used on a Windows device.
What trading features does DAS Trader Pro offer?
Most widgets on DAS Trader Pro have multiple layers of customizability, allowing traders to change colors, columns, and more. Customizable trading hotkeys allow traders to perform tasks like pulling up news or custom day charts, or buy and sell shares at a specific ask or bid price.
Another feature that all DAS Trader Pro brokers offer is a short locator tool, a useful tool for any trader with a short-selling strategy. DAS Trader Pro also offers a trade signals tool, which allows users to screen stocks based on thresholds such as price movement, volume, and percentage points gained/lost.
DAS Trader Pro supports stock, options, and penny stock trading. Futures trading, forex trading, mutual funds and bonds can also be traded if clients have a broker licensed for those products.
What can you trade on DAS Trader Pro?
About DAS Trader Pro
DAS, the company that offers DAS Trader Pro, is a market data provider for the CBSX, Nasdaq OMX, and NYSE/ARCA, among others. DAS provides access to NYSE floor brokers and routing strategies for exchanges, ALGO, dark pools, and liquidity providers.
The primary advantage of using DAS Trader Pro is speed and quality of execution, thanks to its ability to route orders through over 100 different market makers. Traders can route orders based on the exchange of the underlying asset they want to trade. In this regard, direct-access brokers can compete with market leaders like Interactive Brokers.
Our Research
Why you should trust us
Sam Levine, CFA, CMT, the lead writer for StockBrokers.com, has over 30 years of investing experience and actively trades stocks, ETFs, options, futures, and options on futures. He's held roles as a portfolio manager, financial consultant, investment strategist and journalist. He holds the Chartered Financial Analyst (CFA) and the Chartered Market Technician (CMT) designations and served on the board of directors of the CMT Association.
Blain Reinkensmeyer, head of research at StockBrokers.com, has been investing and trading for over 25 years. After having placed over 2,000 trades in his late teens and early 20s, he became one of the first in digital media to review online brokerages. Blain created the original scoring rubric for StockBrokers.com and oversees all testing and rating methodologies.
For this guide:
- Whenever possible, we used our own brokerage accounts for testing. For several brokers, we used a test account that was provided to us.
- We conducted hands-on testing of DAS Trader Pro software.
- We researched which brokers currently offer DAS Trader Pro and evaluated their pricing and other features.
How we tested
Our editorial team evaluated the monthly platform costs, commission structures, and minimum account sizes of brokers that offer DAS Trader Pro to U.S. clients.
StockBrokers.com uses a variety of computing devices to evaluate trading platforms. Our reviews were conducted using the following devices: iPhone 12 Pro, iPhone 15 Pro Max, MacBook Pro M1 with 8 GB RAM running the current MacOS, and a Dell Vostro 5402 laptop i5 with 8 GB RAM running Windows 11 Pro. In testing platforms and apps, our reviewers place actual trades for a variety of instruments.
As part of our data check process, we sent a data profile link to each broker summarizing the data we had on file and the data they provided us last year, with a field for entering any data that had since changed. For the brokers that filled out these profiles, we audited the information for any discrepancies between our data and the broker’s data to ensure accuracy.
As part of our review process, all brokers had the opportunity to provide updates and key milestones in a live meeting that took place in the fall. Meetings with broker teams also took place throughout the year as new products rolled out. Insights gathered from these calls helped steer our testing efforts to ensure every feature and tool was assessed.
Trading platforms tested
We tested 17 online trading platforms for this guide:
Fidelity
Merrill Edge
E*TRADE
TradeStation
Interactive Brokers
Charles Schwab
tastytrade
eToro
