Story file
Helio vs TradeLocker: The Platform Bill, Per Account
Two broker-facing platforms' bills, one published and one reported, get converted to a common unit. One published price card works out at $5.00 per live account per month, the other's reported entry tier at $3.93 — and then the two definitions of an active account turn out not to match.
This desk usually prices what a trader pays; here it prices what the broker pays. The platform bill sits upstream of every spread on this site. Figures for both vendors here are public — TradeLocker’s on its own card, Helio’s through the trade press. One unit, then: dollars per included account, per month.
What each side puts on the table
TradeLocker publishes a broker price card on its own site. Fintake’s carries no pricing page in the navigation this desk read on 3 September 2026 — Contact us, Terms of Service, Privacy Policy, Book a demo, Request Documentation — and Helio’s tiers reach the public through a Finance Magnates report of 19 August 2026.
The conversion
Divide the monthly figure by the accounts it covers. TradeLocker’s Starter tier is $5,000 against 1,000 live accounts: $5.00 per live account, a floor per active account; Helio’s allowances are in active accounts. Helio’s reported ladder runs $2,950 over 750, $6,950 over 3,000 and $14,950 over 10,000 — $3.93, $2.32 and $1.50. On the entry tiers, $1.07 apart.
The implementation fee moves that. Launch’s $6,500 is $541.67 a month across a first year, taking the effective charge to $3,491.67 and the per-account figure to $4.66 — a first-year gap of thirty-four cents. The same Finance Magnates report states 10% off for annual payment; applied to the subscription only, that puts year one at $4.26.
All of it is ceiling pricing: an allowance is what a tier includes, not what a broker uses. Fill half of Launch and $2,950 buys 375 accounts at $7.87 each.
The denominator that stops it
The audit stops here: the two are not counting the same thing. TradeLocker’s glossary defines an active account as one that held at least one open position that month; its card does not say the 1,000 live allowance is an active-account cap. Helio, per the report, bills one that executed a trade, made a balance transaction or held an open position — a set containing the first and then some. Deposit and never open a position and you are billable under Helio’s rule, not TradeLocker’s.
In numbers, like for like, TradeLocker held at its full 1,000: $2,950 divides to $5.00 at 590 accounts, so Launch matches Starter only if about 590 of its 750 counted actives, 79%, are ones TradeLocker would also bill — those with an open position. Year one, fee amortised, that threshold is 699, 7% under the allowance. The broader definition also cuts the other way: it fills the 750 sooner, and the account after 750 moves the bill to Growth’s $6,950, a 136% step.
What the price cards leave blank
TradeLocker’s page carries a clause worth quoting as printed: “The minimum fee of $X applies if there are fewer than 500 accounts in a billing month.” A floor left as a variable cannot be computed, and this desk will not estimate it. The page’s glossary also says “You don’t pay for inactive users”, which reads as metering.
Helio’s blanks sit elsewhere. As of 19 August no broker had put Helio’s web or mobile applications in front of end clients, first client trades were expected in Q4 2026, and one unnamed broker was routing live flow through the backend on its own front ends. Searching on 3 September turned up nothing published since that changes it, which is not the same as knowing nothing has.
Neither company is a broker. Both sell software — TradeLocker to brokers and, per its own site, prop firms — and on the three pages read here on 3 September (TradeLocker’s home and broker-pricing pages, Fintake’s front page) neither claims a licence, an authorisation or a regulator. Nothing here says either is a supervised financial firm. Supervision attaches to the broker signing the client agreement — the broker-side view of this layer, where five front ends proved a cost, not a feature.
Bottom line
Finance Magnates put MetaTrader 5 on roughly 68% of global brokerages as of March 2026, its figure for that date. Challengers to an incumbent that size compete on what it does not advertise: the invoice.
Helio’s reported entry tier bills 59 cents on the dollar against Starter in a steady year, 70 in the first, on 750 counted accounts against 1,000 live. Whether that is cheaper depends on how much of a book each meter registers, so ask both for a worked bill against last month’s activity. A quote per account is a marketing figure; a bill is an accounting one.
The line this file will not go out without: both companies audited here sell software rather than brokerage, neither claimed authorisation on the pages read here, and nothing in this review is financial advice.