Well i was wonder if this deal is a pretty good deal or what 0.004 per 1000 shares every thing included 95 % pay out 5K dep No desk fess training but volume done is less 300K have to do more volume later on mostly Nasdaq is this a decent deal or is it a rip off and what in your opinion is a good deal - ? thank you
Something shady with that deal. If it's mainly NASDAQ, and ISLD and other ECN's typically charge 3/1000 just for themselves, I can't imagine a firm is only making 1/000 and giving you everything else for free. Are you sure it's not 4/1000 +ECN/DOT? Unless, they are teaching you to be a liquidity trader, then it may makes sense. But who wants to be a liquidity trader, that method went dead years ago.
ksonic, sorry about hijacking your thread but if you put down more say...20k 0r 25k would your deal improve?? TIA
i assure you it ain't .004 all in no ecn fee's on naz. many people trade 90% of the naz by hitting the bids that means the were makes only .001 per share almost not enough to pay the clearing