Forums - is my commission fair?

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Fernandinho

Registered: Mar 2011
Posts: 32

07-21-12 03:01 AM

been trading a year now....i trade appx 15-25k shs per day...is $5.5 per 1k standard or can i do better?

Fernandinho

Registered: Mar 2011
Posts: 32

07-21-12 03:42 AM

sorry .... i need to amend.... it's actually .04/1000........... the other fees are ecn and clearing......so all in was ..055

WhiteOut56

Registered: Apr 2010
Posts: 392

07-21-12 04:51 AM

Ah its okay

Traveler

Registered: Apr 2003
Posts: 774

07-21-12 09:24 AM

You'd be closer to .003 or less at IB if you mostly add liquidity.

1245

Registered: May 2012
Posts: 515

07-21-12 11:23 AM

Yes, it's a good rate for DMA.

ksmetana

Registered: May 2010
Posts: 507

07-21-12 08:40 PM

anything over $4 per 1000 is a ripoff. Aim for $3 though

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