Do you think it's legal?

Discussion in 'Prop Firms' started by BigBang, Jan 10, 2013.

  1. BigBang

    BigBang

    Thanks your guys so much! You are all very nice. I'll try to negotiate with him in the commission rate. :) By the way, Can you guys recommend any prop firms good for beginners? :)
     
    #11     Jan 11, 2013
  2. Anything more than 0.0045 per share is probably too much unless you're getting an all-in rate which includes ECN fees.
     
    #12     Jan 11, 2013
  3. 1- It is the rule. What firm does he work at?

    2- What is the name of the firm that you got that offer? I am very curious to know!



     
    #13     Jan 11, 2013
  4. Wow!! $15 per 1000 shares??? I pay less than 1/3 of that with JC Trading Group and I don't even trade size.

    Yes, CBSX firms have a 1 year lock up. They should tell you that during your first conversation.



     
    #14     Jan 13, 2013
  5. $15 per 1k is not normal. Even $5 per 1k is on the higher side. You, my friend, are overpaying
     
    #15     Jan 16, 2013