Cygrouponline

Discussion in 'Prop Firms' started by spamula, Dec 2, 2008.

  1. spamula

    spamula

    Just started with these guys, up and running and trading. Very good service low commisions, good chat room.

    OMS stop system is great!
     
  2. same here. whend u join? whats ur chat room id. 3 yrs for me
     
  3. I am with them as well, they seem to enjoy what they do.
     
  4. m3kgtna

    m3kgtna

    Hmm... Been watching this firm for awhile. I want to join but im a newb
     
  5. 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
    -?
     
  6. looks like a bit of spam....ula
     
  7. dr.bingo

    dr.bingo

    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.
     
  8. hun83

    hun83

    I also plan to join after the holydays
     
  9. topeak

    topeak

    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.
     
  10. 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!:mad: :mad:
     
    #10     Dec 18, 2008