No they are not cheaper, since I pay from contract 1 the low fees. Others you pay higher on the first X, and then on the bracket Y you pay less and then on the bracket number of orders Z you START paying low fees. Not deepdiscounttrading, he gives you the sharp price from contract 1.
Yep . That's what I am talking about with advantage : 100 * 0.99 + 900* 0.69 + 1000 * 0.49 + 2000 * 0.29 = 4000 lots @ 0.44$
Still not cheaper than what I pay at deepdiscountbroker For the record, if you do higher than normal volumes you get negotiated lower commissions. Just like any broker.
They use Crossland. One need to check the financial standing of the FCM holding the money. October 2010 ================================================================================ Terra Nova Financial -13.4% Rosenthal Collins Group -14.0% Mizuho Securities USA -14.2% Deutsche Bank Securities -15.5% MB Trading Futures -15.8% Velocity Futures -16.0% Santander Investment Securities -19.3% Pioneer Futures -22.3% Advanced Markets -22.6% Instinet -24.0% MF Global -25.8% Alpari (US) -26.1% Nomura Securities -33.9% FX DirectDealer -34.8% Forex Capital Markets -47.9% Capital Market Services -60.7% Crossland -60.8% ================================================================================ NOTE: A firmâs net capital requirement is the greater of: (1) $250,000, (2) risk based capital requirement, the sum of 8% of total customer risk maintenance margin and 4% of total noncustomer risk maintenance margin; or (3) the amount of capital required by a registered futures association; (4) for securities brokers and dealers, the amount of net capital required by Rule 15c3-1(a) of the Securities Exchange Commission. To contact the reporter on this story: Terry Barrett in Washington at tbarrett1@bloomberg.net To contact the editor responsible for this story: Alex Tanzi at atanzi@bloomberg.net