Broker with low GIVE-UP FEES wanted (OR a platform with order replication)

Discussion in 'Retail Brokers' started by lukas, Jan 3, 2020.

  1. lukas

    lukas Guest

    I am looking for one of the two below for futures trading:
    - a broker that could accept "give-ups" coming from the executing FCM with no or very low ($0.10-$0.25) fee charged on top of the $1.00 fee I pay the executing FCM for this give-up. Volume will be very low (c. 100-150/month)

    - a platform that sends orders via Rithmic and offers an order replication feature for multiple accounts, preferably at different FCMs.
    CQG does this - it's called Order Replicator Algo but I am in need of the same for Rithmic order routing.
     
  2. MattZ

    MattZ Sponsor

    First, you choose an FCM that has your order routing, and then you discuss with them which FCM you want to do the give up with. They will quote you a rate, and then you can decide if you want to use them.

    I suggest using a block account rather than any replicating software.