No revenue share. One platform fee. $20 per active trader.

They are deliberately separable, because firms arrive in different states.

Nexus Connect is the trading layer: the licensed real-time data feed and the simulated execution environment that evaluations are conducted in. If you already have a back office you are happy with, you can take Connect on its own and keep it — there is no platform fee and no minimum, so a small program can start at almost nothing.

The Nexus Operations Platform is everything around the trade: the branded trader dashboard, the operations CRM, risk authority, payout workflow, fraud prevention and support. If you are running someone else's trading stack but your operations are held together by spreadsheets, you can take the platform on its own.

Taking both is $35 per trader rather than $40 because the combination is genuinely cheaper for us to run — one account record instead of an integration boundary, one support surface, one place a breach is decided. That saving is passed through rather than kept.

The $5,000 platform fee applies to any deployment that includes the Operations Platform. It covers the operational floor a firm needs whether it has 40 traders or 400 — the hosting, the environments, the support surface and the operator tooling that exist regardless of headcount. It is not waived at volume, and we would rather say so here than discover it with you on a call.

You are billed monthly in arrears on the number of active traders — traders who placed at least one order during the billing month. A trader who bought an evaluation and never traded does not bill. A trader who breached on day three and stopped bills for that month and not the next.

This is deliberate. Billing on accounts provisioned rather than accounts used would charge you for your churn, which would mean your platform cost rising fastest exactly when your program is converting worst.

One trader with several accounts is one active trader. The unit is the person, not the account, which matters if your program sells multiple evaluations to the same trader.

Two engagements sit outside the per-trader model, because the work is not the platform.

Custom platform builds are scoped and quoted individually — the per-trader price still applies to the running platform, but the build itself is a project.

Fractional executives are a retainer plus revenue share, since you are engaging a person rather than licensing software.

Fraud Intelligence Network access is also available standalone to firms running another trading stack entirely. That is priced separately — raise it on a call.