Navigating the world of futures trading requires not only skill and strategy but also the right data. At FutureFunded, we offer a range of data options to cater to the diverse needs of our trading community. Here’s an overview of what each data option entails and how you can manage them:
Available Data Options
Level 1 Data: The Basics
Level 1 Data provides essential market information for a specific futures contract and is included in your subscription. It offers:
Bid Price: The highest current buying price.
Ask Price: The lowest current selling price.
Last Traded Price: The most recent transaction price.
Volume: Total contracts traded in a set time frame.
Open Interest: Total outstanding contracts for a futures contract.
Time and Sales Data: Real-time record of all executed trades.
Level 2 Data (Non-Pro): A Deeper Dive
For those seeking a more detailed market view, Level 2 Data is available as an add-on for $39.00. It includes:
Bid and Ask Ladders: Multiple bid and ask prices with corresponding quantities.
Market Depth: Cumulative quantities at various price levels.
Order Size: Size of individual orders.
Market Participants: Displays (often anonymized) identities of market participants.
Time and Sales Data: Real-time records of executed trades.
Level 2 Data Pro Plan: For the Professionals
Designed for seasoned traders, the Pro Plan is priced at $124 per month. It includes all features of the non-pro plan with additional advanced tools and insights tailored for professional trading.
Purchasing Additional Data
To upgrade or add more data to your existing plan, visit the “Billing” section on the left side of your dashboard to make your selection.
Managing Data Subscriptions
Managing your data subscriptions is seamless with FutureFunded. Whether you want to upgrade, downgrade, or review your current data options, head to the “Billing” section on your dashboard. Here, you can view your current data plan, make changes, or explore additional data options.