Market Data Explained

This article provides a clear overview of how market data works at EdgeProp, including what’s included by default, what’s optional, and how to activate advanced features such as Level 2 (Depth of Market) access.

✅ Included by Default: Level 1 Market Data

Every active Evaluation and Funded account at EdgeProp automatically includes Level 1 Market Data, which allows you to:

• See real-time bid/ask prices (top of book)
• Place and manage orders in real time
• Access all supported futures products via your platform

🔍 Optional Upgrade: Level 2 (Depth of Market)

Level 2 Market Data, also known as Depth of Market, gives visibility into multiple levels of bids and offers — offering a deeper understanding of order flow and market liquidity.

Key Benefits of Level 2:

• View up to 10+ levels of buy/sell orders
• Analyze market depth and order stacking
• Support for advanced scalping and DOM-based strategies

While not required to pass the Evaluation or maintain a Funded Account, Level 2 access is strongly recommended for serious traders who rely on liquidity insight and execution precision.

🛠️ How to Activate Market Depth

You can activate Level 2 Market Data directly from your EdgeProp Dashboard. The process is quick and does not require selecting a platform.

1. Go to Dashboard → Addons → Market Data
2. Select the Depth of Market package (CME, CBOT, NYMEX, or Full Bundle)
3. Confirm activation — billing is automatic at month-end

Your feed updates automatically for all connected platforms once activated.

💳 Pricing & Billing

Market Data fees are billed separately from your Evaluation or Funding subscription:

• Billing occurs at the end of each calendar month
• You are charged only if the addon is active
• Applies to both Evaluation and Funded accounts
• No refunds for unused days after activation

🧾 Commission Note

Market data is not the same as commissions or exchange fees. Market data fees provide visibility into price action; commissions are taken per trade and automatically deducted from your account balance (visible in Net P&L).

➡️ For more, see: Evaluation Pricing & Fees

⚠️ Summary