1. Interactive Brokers
Best for: Traders who need global market access alongside DAS functionality.
Interactive Brokers is the most widely used DAS-compatible broker and provides the most complete overall experience in terms of market reach. IBKR gives traders access to 135 market centers across 33 countries, making it the clear choice for anyone trading international equities alongside U.S. stocks.
The DAS integration runs through a gateway, not natively, so it is not the lowest-latency setup on this list. Orders must be placed directly through IBKR due to regulatory requirements, which adds a processing step.
Pricing:
DAS platform fee: $100/month (not waived by trading volume)
Per-share commissions: from $0.0035 (IBKR Pro tiered), down to $0.0005 at 300,000+ shares/month
Minimum deposit: $0
No payment for order flow on IBKR Pro accounts
Who it fits: Active traders who value breadth of markets and low commissions at scale, and are not dependent on pure sub-millisecond execution.
2. Charles Schwab
Best for: Traders who want DAS tools without leaving a major full-service broker.
Schwab supports DAS through a third-party API. Orders are acknowledged with above a one-second delay, which means some hotkey orders can get rejected. That is not a rumor or an edge case: it is documented behavior. If your strategy depends on rapid hotkey execution, this is a real limitation.
Where Schwab earns its place on this list: it pairs DAS functionality with thinkorswim, deep research, and the security of one of the largest brokerages in the country. For traders who use DAS primarily for Level 2 and charting while using more measured entries, the gateway delay is acceptable.
Pricing:
DAS subscription purchased separately from DAS: roughly $100 to $150/month depending on data package
Stock and ETF commissions: $0
Options: $0.65 per contract
Minimum deposit: $0
Who it fits: Schwab account holders who want to layer DAS tools on top without switching brokers, and who are not scalping.
3. Lightspeed
Best for: Active traders who generate enough commission volume to offset platform fees.
Lightspeed is a first-party DAS broker, meaning direct access with no gateway. It is built for high-volume day traders: the platform fee structure is designed so that commissions you generate reduce what you pay for the platform each month.
The $10,000 minimum deposit is a barrier for newer traders. Lightspeed is not a beginner's platform and the pricing model makes little sense for low-frequency traders.
Pricing:
Platform fee: $130/month, reduced by monthly commissions generated
Accounts under $15,000 with less than $25 in monthly commissions: $25 minimum fee
Per-share commissions: from $0.0045 (Lightspeed Trader), scaling to $0.001 at highest tiers
Per-trade (web/mobile): $4.50 for equities, $0.50 per options contract
Minimum deposit: $10,000
Who it fits: High-volume day traders who trade enough to offset the platform fee and want true direct-access execution.
4. SpeedTrader
Best for: Traders who want the lowest base platform fee among first-party DAS brokers.
SpeedTrader is a lean direct-access firm with a straightforward commission structure and reliable execution. The base platform fee of $99/month is the lowest of the first-party DAS brokers, though it drops further as you generate commissions. The $30,000 minimum deposit for day trading is the main barrier.
SpeedTrader offers over 25 order routes and supports hotkey trading. The platform is designed specifically for day traders, with no pretense of serving casual or long-term investors.
Pricing:
Platform base fee: $99/month (drops to $49 between $199 and $499 in monthly commissions; waived above $499)
Per-share commissions: from $0.0044, minimum $1.99 per trade
Per-trade pricing: from $4.49
Options: $0.40 per contract
Minimum deposit: $10,000 general, $30,000 for day trading
Who it fits: Day traders who generate at least $499 in monthly commissions and want to eliminate the platform fee entirely.
5. Cobra Trading
Best for: Traders who need an extensive short locate list alongside DAS execution.
Cobra Trading has been serving active equity and options traders since 2004. It is a first-party DAS broker with direct market access and is particularly well regarded for its short locate capabilities, which matters if you trade high short-interest momentum stocks.
In addition to DAS Trader Pro, Cobra also offers Sterling Trader Pro and its own Cobra TraderPro platform, all of which come with Level 2, real-time prices, and hotkey trading. Customer support is available by phone, email, and live chat.
Pricing: Per-share commissions, contact directly for current rates.
Who it fits: Short sellers and direct-access traders who prioritize locate availability and hands-on support.
6. CenterPoint Securities
Best for: Active traders who want DAS infrastructure with robust direct market access.
CenterPoint Securities is a direct market access broker whose platform technology is built on DAS Trader. It offers Level 2 market data, order entry, charting, stock scanners, newsfeeds, custom layouts, and hotkey trading.
Per-share commissions start at $0.004 for traders under 300,000 shares per month, scaling to $0.002 at 1.5 million shares per month. Customer support runs from 7:00 AM to 4:30 PM EST.
Who it fits: High-volume traders who want deep DAS integration and competitive per-share pricing at scale.
7. ChoiceTrade
Best for: Traders who want to access DAS Trader Pro with a low minimum deposit.
ChoiceTrade is the most accessible entry point on this list. A cash account requires only $100 to open, which is a fraction of what most other DAS-compatible brokers require. The platform fee is $135/month with commissions ranging from $0.001 to $0.003 per share, minimum $2 per trade.
The tradeoff is capability. ChoiceTrade is limited in what you can trade compared to IBKR or Lightspeed, and some advanced features sit behind the ChoiceTrade Elite tier. It is suited for high-volume stock and options traders, not traders who need broad market access.
Pricing:
Minimum deposit: $100 (cash account)
Platform fee: $135/month
Commissions: $0.001 to $0.003 per share, minimum $2 per trade
Options: $0.40 per contract
Who it fits: Stock and options traders who want to access DAS at low capital commitment and trade high volume within a focused product set.
8. Guardian Trading
Best for: Traders looking for a direct-access DAS broker with personalized service.
Guardian Trading is a smaller direct-access firm that supports DAS Trader Pro natively. It is mentioned consistently in active trading communities alongside the larger names on this list.
Contact Guardian Trading directly for current pricing and account minimums.
Who it fits: Traders who prefer a more hands-on, boutique direct-access relationship.
9. Mondeum Capital
Best for: Traders who want a newer DAS-compatible direct-access option.
Mondeum Capital is a direct-access broker that supports DAS Trader Pro. It is one of the newer additions to the compatible broker list.
Contact Mondeum Capital directly for current pricing and account minimums.
Who it fits: Traders who want DAS access and want to evaluate a newer firm alongside the established options.
Side-by-Side Comparison
Broker | Integration Type | Min. Deposit | Platform Fee | Best For |
|---|---|---|---|---|
Interactive Brokers | Gateway | $0 | $100/mo | Global markets, low per-share costs |
Charles Schwab | Gateway | $0 | $100-$150/mo | Full-service broker users |
Lightspeed | Native | $10,000 | $130/mo (offset by commissions) | High-volume day traders |
SpeedTrader | Native | $30,000 (PDT) | $99/mo (offset by commissions) | Commission-heavy traders |
Cobra Trading | Native | Contact directly | Contact directly | Short sellers |
CenterPoint Securities | Native | Contact directly | Contact directly | High-volume direct access |
ChoiceTrade | Native | $100 | $135/mo | Low-capital entry to DAS |
Guardian Trading | Native | Contact directly | Contact directly | Boutique direct access |
Mondeum Capital | Native | Contact directly | Contact directly | Newer alternative |
What Does DAS Trader Pro Actually Cost?
Platform costs run $100 to $200 per month depending on your broker and the data packages you need. That number breaks down into two components: the platform/software fee and the market data fee.
You can also subscribe to DAS Trader Pro directly from DAS without opening a brokerage account. In that case, you get full access to the platform for analysis, charting, and market data, but with no order routing or execution capability. That setup runs roughly $100/month and is useful for traders who want to paper trade or practice before going live.
How to Choose the Right DAS Broker for Your Strategy
If you scalp or run aggressive hotkey setups: Use a first-party native broker. Lightspeed, SpeedTrader, or Cobra are the top three. Gateway brokers add latency that can hurt fills on fast-moving stocks.
If you short-sell momentum stocks: Cobra Trading's locate capabilities make it a natural fit. CenterPoint is also well-regarded in short-selling communities.
If you want the lowest monthly overhead: SpeedTrader's $99 base fee is the cheapest starting point among native DAS brokers. If you generate $499+ in monthly commissions, the fee is waived entirely.
If you trade at scale internationally: Interactive Brokers gives you 135 market centers across 33 countries. No other DAS-compatible broker comes close on global reach.
If you are just getting started and want to test DAS: ChoiceTrade's $100 minimum deposit makes it the most accessible entry point. Note the Pattern Day Trader rule still applies to margin accounts regardless of broker.
Bottom Line
Nine brokers support DAS Trader Pro in 2026. The first decision is not which broker, it is native or gateway. If execution speed is part of your edge, that question answers itself. After that, the decision comes down to commission structure, minimum deposit, and what you need the broker to do beyond running DAS.
Most active day traders using DAS are at Lightspeed, Interactive Brokers, Cobra, or SpeedTrader. Each one makes sense for a specific trader profile. None of them is the right answer for every setup.