API, low latency, Commmissions< $.001

Discussion in 'Prop Firms' started by MoonWalker99, Apr 13, 2011.

  1. MoonWalker99

    MoonWalker99

    Hi all,

    I have seen many reference to "Canadian" firms as those with much lower commissions (below .1 cent per share. I am looking for the firm that could offer such low rate, API and low latency. I am sure that my demands are not original and people searched for Prop Firms with the same criteria. If so could anyone point me to place that lists such firms or list them here.

    Thank you,
     
    #1     Apr 13, 2011
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  2. EvOTrAdEr

    EvOTrAdEr

    This depends on volume almost everywhere you go.

    $1/thousand is a pretty low rate. You'll be able to find this rate if you're trading 1-2m shares a month minimum. Most firms will charge traders $3-$4 if they're doing under a million shares a month.
     
    #2     Apr 14, 2011
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  3. MoonWalker99

    MoonWalker99

    Thanks Evo trader. I think it is mentioned on ET that TWS charges 20 cents per K. TWS would not work for me for other reasons.

    Come-on forum! Does one have to talk trash to get a reply around here?!
     
    #3     Apr 14, 2011
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