Just started with these guys, up and running and trading. Very good service low commisions, good chat room. OMS stop system is great!
Do they require a seire 7 how much are you,ll paying in commision,s per 100 shares how much BP do you have Do you get your profit,s or cheque on time Is there a Software fess -?
Hi Guys- FYI- These guys don't require a Series 7. I reviewed there applications - it was a real thick stack of papers. Questions- 1- There agreement says that the intial $5k deposit is in fact a "training fee" that is "completely at the discretion of the CeO to return". Has any body gotten there deposit back, in time? 2- Are they good about issuing the profit checks on time? 3- What are there commissions, charges, etc? 4- Can one setup an automatic day total dollar loss for risk management purposes? (E.g. if I lose $500 in a day there software will lock all trading and clear all my positions automatically for the day) 5- Do you recommend them? Any other helpful info? Thanks in advance.
Spamula you seem like you are too enthusiastic on Cy either you are a total newbie or for some reason you are trying to upsell Cy I've been trading with Cy for about 6 months. In response to general questions (FWIW) I received my profit checks promptly (when i am profitable) no hidden fees that I've experienced unlike at other firm I was with. no software fees , but I do get billed for data fees.
I traded there but all those low fees were a lie...when i got my month end settlement they charged me floor fees, desk fees , software fees, bagel fees, and took almost all my profit!! watch these bagel boys!