Anyone have any experience with www.virtualdaytrader.net I'm going to e-mail them to see if I can get more info. Thanx TickRader
Their Virtual-Day TraderPRO Level II is only $265 per month. That ought to make up for their $5 commissions. Company is an off-shoot of Good ol' Speedtrader. At least they have come down in price. I think they used to charge about $15 didn't they? They are even registered in 21 states! Wow! Extra bonus for high volume traders! And the charts are fantastic. Top of the line. (NOT) They have no telephone. They have no office. They don't advertise. You must send money by wire. To their offshore account... No, actually they look like they are in San Francisco, CA. No IRA accounts. Looks like the same software Speedtrader has had for years. I wonder why they don't upgrade it at least once in awhile? Virtual Daytrader is a scaled down version of Speedtrader. On one of their wiring pages they have an address where you can send a check. Hmmmmm. Contradiction? And you can fax or mail for funds? I thought they said they were an email outfit only? $2000 minimum to open an account. I guess you need this amount to use margin. I guess you get your confirmations by email. Doesn't mention this anywhere. Nice. I can't even get to the bottom of the margin info page. They say they can change margin requirements at any time and liquidate your account without warning! Great! Best not do any long term trading with these guys. My first impression. These guys are spooky. :eek:
Whatever you think of it (and actually I think what Rigel thinks), the post is in the wrong forum. There is a forum "Direct Access (retail)" for this.
:lol: Well, I hope I'm not wrong, but the software looks like the one I know under the name of "EXP-Trader" - I used to be with www.daytradeaustria.com for a while (no spam, I don't think there are too many from Austria on the Board ). Overall I was very satiesfied (especially with the german speaking service) - but I found the Charts very weak ! Harry
is there any other daytrading brokerage out there that charges $5 or less? I want to make a move from www.tradeportal.com. I'm paying them $17.95 per trade, and It's eating my profits. My ? was not spam $%#&#@*.
is there any other daytrading brokerage out there that charges $5 or less? The only one that I'm aware of would be IB, assuming you're trading in lots of 500 shares or less.
www.nobletrading.com told me on friday that they would give me $4 per trade if I do 100 trades per day. I trade about 20 times now and 1000 share lots.
4 dollars plus- ISLAND adding liquidity FREE ISLAND taking liquidity away $0.0025 debit per share INCA Direct (Watcher only) $0.01 per share ARCA Direct $0.005 per share REDI Direct (Watcher only) $0.005 per share BRUT Direct (Watcher only) $0.005 per share NTRD Direct (Watcher only) $0.005 per share DOT & PERS (Listed) $0.005 per share SelectNet $0.90 per trade SelectNet Cancels $0.25 per trade INCA via SelectNet $0.015 per share SuperSOES $0.10 per trade + $0.001 per share SuperSOES Cancels $0.25 per trade -qwik