Description of Service Packages and Pricing
- How Much Does the Sierra Chart Software Cost plus Data?
- Long-Term User Discount
- One Time Purchase Option?
Sierra Chart has multiple Service Packages which are explained below.
- You can Activate a particular Service Package on your account.
- You can upgrade your Sierra Chart Service Package at any time.
- You can also evaluate Service Package 5 (Advanced) if your account is not currently on this Service Package.
Refer to the Free Trial Help Topic to see what is included in the trial.
Be sure to read about possible additional expenses for data.
Standard Sierra Chart (Service Package 3)
Price: 25 USD/month
This includes all functionality of the software, non-external services which are included with this Service Package like the Sierra Chart Real-time and Historical Forex/CFD Data Service, and support for external services.
What is not included is what is listed in the Sierra Chart with Advanced Features section below.
Sierra Chart Historical Data Service
The Sierra Chart Historical Data Service is included with this Service Package. The Sierra Chart Historical Data Service adds additional historical data support to the limited or no historical data provided by the external Trading services you may be using Sierra Chart with.
This service automatically provides Historical Daily data independently or for the Trading services that do not provide Historical Daily data. This service also provides historical Intraday data that can be used independently or with Trading services you may be using. For more information, refer to the Sierra Chart Historical Data Service page.
External Supported Services
External Services are external Data or Trading services that are supported by this Sierra Chart Service Package. However, they are not included in the Sierra Chart service package price since they are externally provided functionality.
- Sierra Chart Real-Time and Historical Exchange Data Feed
- Interactive Brokers Trading service
- DTN IQ Feed Data Service
- TD Ameritrade Trading service
- TransAct Trading service
- GAIN Capital (OEC Trader) Trading service
- CQG Trading Platform Service
- CTS T4 Trading Platform service
- Trading Technologies
- Rithmic Trading Platform service
- LMAX Trading service
- FXCM Trading Service
Sierra Chart with Advanced Features (Service Package 5)
Price: 36 USD/month
Advanced Features Include:
How Much Does the Sierra Chart Charting and Trading Software Cost plus Data?
The price of the Sierra Chart software and data for Sierra Chart depends upon what Data or Trading service you will be using Sierra Chart with and what Service Package you choose.
Sierra Chart supports many external Data and Trading, including our own Data services.
The external services are separate from us. Data services provided with the Service Packages include the Sierra Chart Historical Data Service, Sierra Chart Real-Time and Historical Forex and CFD Data Service, and the Sierra Chart Market Statistics Data Feed.
If the service is separate from us, then there potentially is an additional charge for the data. Generally data direct from Trading services (brokers) only has a small monthly charge. Check with the Trading service you use to find out the monthly cost, if any. In the case of futures data, whether you use a Trading service for the market data, an external Data service, or the Sierra Chart Real-time and Historical Exchange Data Feed, in all cases you have to pay exchange fees.
There is also the Sierra Chart Real-time and Historical Exchange Data Feed which is a Data service provided by Sierra Chart but it has its own separate pricing from the Service Packages.
For information about real-time futures data, refer to Futures Data.
For further information and pricing for external services, refer to the Data and Trading Services page.
Long-Term User Discount
For every 1 month of usage time purchased on a single Sierra Chart account, whether purchased as individual months or as multiple months at a time, you will receive 2% off subsequent payments.
Effective October 1, this discount will be reduced to 1.5 % and effective January 1, this will be reduced to 1%. The current discount of 2% was only intended for the short term but originally had no definite termination date.
The maximum discount that you can receive when purchasing Sierra Chart usage time is 36%.
Some limitations may apply to this discount. If you do not see the discount applied to your account, contact Sierra Chart Support.
It is advantageous to maintain only one single Sierra Chart account, unless there is a reason why you need a second or more accounts, so that all the payments are on a single account so you can take advantage of the discount.
The long-term user discount is subject to change without notice and could potentially be removed at a future point in time. In the case where the discount is removed, it would be replaced with lower prices or the existing prices would not be increased based on the fact that there is price inflation in currencies.
One Time Purchase Option?
Occasionally we get asked if we offer a one-time purchase option for Sierra Chart. The answer is no, and this is something that would never be offered.
It is inconsistent with the services that we offer. Sierra Chart is not merely software, but provides data services, support services and continuous updates to our software which is necessary for it to work with external Data/Trading services due to various changes with those services which occur on an ongoing basis. And we also continuously update the software with various improvements and new features.
Therefore, our costs must be covered with continuous payments for the software and services.
*Last modified Sunday, 25th September, 2016.