CY Group

Discussion in 'Prop Firms' started by ireadtape, Apr 6, 2006.

  1. Hey everyone, I was wondering if people have heard anything about CY Group (http://www.cygrouponline.com/). Theyre a subgroup of Gensis if I am not mistaken. Me and a few guys at my current prop firm are thinking about switching because we pay .01 in commish and if we move together we can get a group discount of .003. Also, is this a good/smart idea to be moving together to get a cheaper commish? I mean cmon, .01 is insane, and I dont think theyre willing to go down a little bit, if at all. As for extra charges on top of commish, is there anyting else besides just NASD and SEC fees in general (excluding platform and remote fees)? Any advice on the overall situation would be appreciated. Thanks.
     
  2. .01???? whats your second job?