Most traders are Non-Professional, which means data fees are covered. Professional traders face additional fees, like $115+ per month per exchange for CME data.
This form is intended to clarify the conditions under which an individual may qualify for the non-professional subscriber rates. By declaring yourself as a 'Non-Professional,' you confirm the following things:
Personal or Business Status
You will use market data solely for personal use, not for your business or any other entity.
You are not registered or qualified with the Securities Exchange Commission (SEC) or the Commodities Futures Trading Commission (CFTC).
You are not registered or qualified with any securities agency, any securities exchange, association, or regulatory body in any country.
You do not perform any functions that are similar to those that require an individual to register or qualify with the SEC, the CFTC, any other securities agency, any securities exchange, or association or regulatory body, or any commodities or futures contract market, or association or regulatory body.
Investor Status
You are not engaged as an investment advisor (as that term is defined in Section 202 (a) (11) of the Investment Advisor's Act of 1940) or asset manager, and you are not engaged to provide investment advice to any individual or entity.
You are not subscribing to the service in your capacity as a principal, officer, partner, employee, or agent of any business or on behalf of any other individual.
Relationship with Organizations
You use your own capital, not provided by any other individual or entity in the conduct of your trading.
You do not conduct trading for the benefit of a corporation, partnership, or other entity.
Compensation for Services
You have not entered into any agreement to share the profit of your trading activities or receive compensation for your trading activities.
You are not receiving office space, equipment, or other benefits in exchange for your trading or work as a financial consultant to any person, firm, or business entity.