What are Non-Professional and Professional Fees?

Non-Professional and Professional fees refer to the costs associated with accessing market data from exchanges such as Nasdaq.

How it works:

• Non-Professional users are typically individual retail traders
• Professional users are generally individuals or entities using data for business or professional purposes

Important to note:

• Classification is determined based on exchange guidelines
• Professional users are typically subject to higher market data fees
• Certain account types, such as corporate accounts, may be classified as Professional