Level 1 & Level 2 Market Data | Topstep Help Center (2024)

What is the difference between Level 1 and Level 2 data?

Why are we charging for Depth of Market data?

How do I upgrade to Depth of Market data?

How do I cancel Depth of Market data?

When will I be charged for Depth of Market data?

What happens if I start additional Trading Combines?

Frequently Asked Questions

What is the difference between Level 1 (Top of Book) data and Level 2 (Depth of Market) data?

Level 1 data, also known as Top of Book data, includes the best bid and best ask. If you are chart trading, this is the data you are using.

Level 2 data, also known as Depth of Market data, includes 5-10 of the best bid and ask prices so you can see sell and buy orders waiting to be placed. If you are DOM or Matrix trading, this is the data you are using.

Why Are We Charging for Depth of Market Data?

Due to recent changes, the CME will now be charging for all data provided to our simulated accounts. As a courtesy, Topstep will cover the cost of Top of Book data of all four exchanges on our SIM accounts.

Traders who would like to receive Level 2 (Depth of Market) Data for all exchanges can upgrade from their dashboard for $39 per month.

Bookmap users need to subscribe to Depth of Market data as required by the platform.

How do I upgrade to Depth of Market Data?

Follow these steps to upgrade to Depth of Market Data:

1. Log into your Topstep Dashboard, go to your billing page, and locate "Manage Market Data Subscription". From there, click the three dots and Upgrade Data to upgrade.

Level 1 & Level 2 Market Data | Topstep Help Center (1)

2. In the next window, you will see your checkout page, where you can select your payment method and agree to the Rules and Terms and Conditions.

Level 1 & Level 2 Market Data | Topstep Help Center (2)

3. The following window will confirm that your payment has been made and your Depth of Market data should now be enabled.

Level 1 & Level 2 Market Data | Topstep Help Center (3)

How do I cancel Depth of Market Data?

To cancel Depth of Market Data, log in to your Topstep Dashboard, go to your billing page, and locate "Manage Market Data Subscription".

From there, click the three dots and "Cancel Subscription" to cancel Level 2, Depth of Market data.

Level 1 & Level 2 Market Data | Topstep Help Center (4)

Level 1 & Level 2 Market Data | Topstep Help Center (5)

In the next window, it will confirm that you have Level 2 data until the end of the month, and then it will switch to Level 1, Top of Book data for the new month.

Level 1 & Level 2 Market Data | Topstep Help Center (6)

When will I be charged for Depth of Market data?

You will be charged for Depth of Market data immediately when you upgrade, and you will be rebilled for your Depth of Market data on the first day of each month.

What happens if I start additional Trading Combines?

If you decide to add a second or third subscription and only have Level 1 (Top of Book) data you will be prompted to confirm keeping this data or you can upgrade to Level 2 (Depth of Market) data.

If you already have Level 2 (Depth of Market) data, you will continue to have it for all Trading Combines under the same username and data provider.

Level 1 & Level 2 Market Data | Topstep Help Center (7)

Q: Why are you charging for Level 2 data now?

A: The CME is now charging everyone for market data used in simulated trading accounts. We are making Level 1 data (Top of Book) FREE to all traders and for all four exchanges on Topstep accounts.

If you would like Level 2 (Depth of Market) data, you will need to upgrade your data subscription for $39 per month.

Q: What if I already have a Trading Combine subscription?

A: If you are already in a subscription and previously had Level 2 data, you will now get Level 1 data for free. Traders who wish to continue using Level 2 data can upgrade through the Topstep dashboard for $39 per month.

Q: Can I cancel my data?

A: You can cancel your Level 2 data subscription at any time. Once the cancellation is processed, you will be automatically moved to Level 1 data at the end of that month.

Q: Is data pro-rated?

A: No, Level 2 data is not pro-rated. You will be charged for the entire month, every month when upgrading to Level 2 data. If you choose to cancel, you will have access to the data for the remainder of the month or subscription (whichever comes first).

Q: Can I get a refund for my Level 2 market data purchase?

A: No, we do not issue refunds for Level 2 data purchases once the billing for your data is processed. If you no longer need Level 2 data, please cancel your subscription before the end of the month. Once the cancellation is processed, you will automatically be moved to Level 1 data for the new month.

Q: Do I need to pay for data if I am in an Express Funded Account?

A: You do not need to pay for Level 1 data in the Express Funded Account because Topstep makes it free for all simulated accounts. but you do need to pay for Level 2 data and can upgrade anytime for $39 a month through your dashboard.

Q: Does the $39 subscription payment cover the cost of all data providers?

A: No, the $39 subscription payment does not cover the cost of all data providers. If you are subscribed to a CQG-based platform, the subscription for Level 2 data will not cover a Rithmic-based platform and vice versa.

Related Articles

Do I need to purchase data?

Quantower Connection Instructions

R|Trader Plug-in for Market Data

Bookmap Connection Instructions

Level 1 & Level 2 Market Data | Topstep Help Center (2024)
Top Articles
🕵️ Breaking Down Business - Etherscan
Why am I receiving notifications for lists, forms in lists, or libraries?
Friskies Tender And Crunchy Recall
Umbc Baseball Camp
Swimgs Yuzzle Wuzzle Yups Wits Sadie Plant Tune 3 Tabs Winnie The Pooh Halloween Bob The Builder Christmas Autumns Cow Dog Pig Tim Cook’s Birthday Buff Work It Out Wombats Pineview Playtime Chronicles Day Of The Dead The Alpha Baa Baa Twinkle
Live Basketball Scores Flashscore
Coverage of the introduction of the Water (Special Measures) Bill
9192464227
Die Windows GDI+ (Teil 1)
Craigslist Nj North Cars By Owner
Produzione mondiale di vino
Conduent Connect Feps Login
Obituary | Shawn Alexander | Russell Funeral Home, Inc.
Pittsburgh Ultra Advanced Stain And Sealant Color Chart
Uhcs Patient Wallet
Playgirl Magazine Cover Template Free
Curtains - Cheap Ready Made Curtains - Deconovo UK
Xxn Abbreviation List 2023
Sport-News heute – Schweiz & International | aktuell im Ticker
25Cc To Tbsp
Pekin Soccer Tournament
Officialmilarosee
Puss In Boots: The Last Wish Showtimes Near Cinépolis Vista
Raz-Plus Literacy Essentials for PreK-6
R. Kelly Net Worth 2024: The King Of R&B's Rise And Fall
Academy Sports Meridian Ms
Nesb Routing Number
Essence Healthcare Otc 2023 Catalog
Expression Home XP-452 | Grand public | Imprimantes jet d'encre | Imprimantes | Produits | Epson France
Stockton (California) – Travel guide at Wikivoyage
950 Sqft 2 BHK Villa for sale in Devi Redhills Sirinium | Red Hills, Chennai | Property ID - 15334774
Funky Town Gore Cartel Video
Rays Salary Cap
Bfri Forum
Mumu Player Pokemon Go
Kokomo Mugshots Busted
Craigslist In Myrtle Beach
Samsung 9C8
Labyrinth enchantment | PoE Wiki
What Does Code 898 Mean On Irs Transcript
Wayne State Academica Login
Dcilottery Login
VDJdb in 2019: database extension, new analysis infrastructure and a T-cell receptor motif compendium
Powerspec G512
The Many Faces of the Craigslist Killer
A rough Sunday for some of the NFL's best teams in 2023 led to the three biggest upsets: Analysis
Kaamel Hasaun Wikipedia
Aurora Southeast Recreation Center And Fieldhouse Reviews
Mail2World Sign Up
300 Fort Monroe Industrial Parkway Monroeville Oh
Southwind Village, Southend Village, Southwood Village, Supervision Of Alcohol Sales In Church And Village Halls
Craigs List Sarasota
Latest Posts
Article information

Author: Van Hayes

Last Updated:

Views: 5518

Rating: 4.6 / 5 (46 voted)

Reviews: 93% of readers found this page helpful

Author information

Name: Van Hayes

Birthday: 1994-06-07

Address: 2004 Kling Rapid, New Destiny, MT 64658-2367

Phone: +512425013758

Job: National Farming Director

Hobby: Reading, Polo, Genealogy, amateur radio, Scouting, Stand-up comedy, Cryptography

Introduction: My name is Van Hayes, I am a thankful, friendly, smiling, calm, powerful, fine, enthusiastic person who loves writing and wants to share my knowledge and understanding with you.