Commission Rates

I havent traded at a prop firm for a few years. I know they have cut there rates since then. I dont trade that many shares as I mainly focus on forex, what rate should I be paying to trade 200,000-300,000 shares a month.

 

commissions vary from firm to firm, and also matters if the firm is a broker/dealer, sub llc, or a firm who doesnt mark up commissions but takes a higher payout


if you trade 200k-300k shares a month you are looking at .004 to .006 range

 

.004-.006 sounds right assuming $4-6 per 1000?

 

yep. 1000 shares of "ABC" will cost $4-$6. *$8-$12 round trip.

 

Thanks for your replies.

 

about $2.5 per 1000 if you are looking for 100% payout
about $1-1.5 per 1000 if you can do 90%

 

Those rates are for shit software like Sterling, Laser, etc.

Good luck getting into or out of positions on volume spikes with those platforms.

 

what software you use?

 

yes i use sterling.

 

Lightspeed is stable most of the time.