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Club notice · published 4 August 2026 · updated 4 August 2026

A fast social feed reportedly costs $100,000 a month. Our planned club ticket is $1.

Trump Media describes Truth API as a licensed, real-time, machine-readable feed for financial-services customers. Not An Insider has no access to it. We use delayed public financial filings and plan to sell a one-time piece of internet-club ceremony, not speed.

What Truth API says it is

In its 16 July announcement, Trump Media said Truth API would provide licensed, real-time access to posts from selected high-ranking Truth Social accounts and expected institutional availability from 1 August 2026. The company said low-latency, machine-readable delivery may matter to high-frequency and algorithmic trading firms.

Read the company announcement.

What has been reported about price and access

The Associated Press reported on 1 August that the service had begun and described a fee of approximately $100,000 per month. That figure is reporting, not a public Not An Insider price check or a claim that every customer pays the same amount. Reporting has also raised questions about market fairness and conflicts; the company says the feed delivers publicly available data faster. No court or regulator is described here as having determined that the service is insider trading.

Read the Associated Press report.

The deliberately uneven comparison

Wall Street feedReported up to approximately $100,000 per monthLow latencyMachine-readable social posts
Not An InsiderPlanned: €1 or $1 onceFilings can arrive up to approximately 45 days after quarter endPublic investor filings

Speed is the thing we do not sell

Form 13F data is delayed, incomplete, and not a current manager portfolio. Our public product keeps filing dates, source documents, and methodology visible. The one-timeplanned club admission reveals a member number and authorised count; it does not unlock better market data or inside information.

View the public portfolio, audit the method, or meet the steward.