It seems all the fees are not on the website, just a "teaser" rate. It is hard to compare when the other tranaction costs are not listed. Not a good sign. And what is the deal with the limiting you to 10 stocks???? $200 fine? Say what??? I just found these rates on the speedtrader.com website, I would assume daytraderpro is affiliated with them. EXCHANGE/ECN FEES HRZG $0.0025 Per Share ISLD $1.00 Per Ticket ARCA $0.004 Per Share GNET $0.00325 Per Share SOES $0.0023 Per Share SELECTNET (Broadcast) plus mm or ecn cost $2.50 Per Ticket SELECTNET (preference) plus mm or ecn cost $1.00 Per Ticket SuperDOT $0.01 Per Share
I'm waiting for more info from them, i'm not going near them till I know all their fees. I'll post their ecn fee when they email me back. It looks like they only want traders doing 100 trades a day or more. This wouldn't work for someone making 10 days a day. But for traders doing 100 trades a day or more, it's looks attractive. I do about 75 trades a day, but i'm paying $9.95 at Ab watley. I would just have to make 25 more trades, and i have no problem with the 10 symbols per day because I only trade CSCO all day. I can save about $650 per day if there ecn fees are not marked up.
They are a New York firm and you just got an email from them at Midnight on a Friday holiday weekend? Are you sure you aren't affilitiated with them? Seems kind of strange?
Boy, for a new poster with every post basically touting this "deal" he found. Could it be a little more obvious? I am surprised my friend metooxx has not had this fellows posts deleted just like that other guy who came on a few days ago. It was great. Right before he got deleted, the poster/solicitor asked who Baron was.....LOL