I'd like to get some information from some people that have traded with Assent LLC to describe their experience. How was the training, comission splits, fees, trading environment etc.? I know they have different locations so I'd appreciate if you could include that as well. Any insight would be a big help. Thanks.
I have had 2 buddies who traded with them and were extremely satisfied, San Francisco office. They have two programs retail and pro i.e. you will need both series 7 and 66. You start with penny a share ad work your way down based on volume, keep 100% of profits ( trading your own capital), rent is waived at 265k shares. Keep in mind Assent is registered with FINRA and you may have other monthly fees beyond rent, most if these firms do.
I'm also trying to get an idea of how much it will cost me to trade on their desk on a monthly basis. Is the profit split always 100/0? Or do you start off at (for example) 70/30 then after hitting certain profits get a higher split? Gimp570 is there a reason you have been on and off with them? I have read the website but I know it may be a little different from what really goes on with prop firms.