I'm planning to open an account with a prop firm and looking for the best deals base on commission so I got .007 cents a share. Also I'm looking firms that allow shorting on ETFs and have mentoring/chat room. Does anyone have a better deal for commissions I'm planning to trade less than 100,000 shares a month. DTG Deal: -High Intraday and Overnight Buying Power -%100 Bi-Weekly Payout Remote Commission Rates: Overall Average Shares Traded/Day: *1,000 to 25,000: 0.007 *25,000 to 50,000: 0.006 *50,000 to 100,000: 0.005 *100,000 to 150,000: 0.004 *150,000+: 0.003 +/-Ecn cost/Full Rebates/No Markups
As far as I know, you should start at 0.0055 per share at JC Trading (they are a sponsor on this site), with no minimums. The cost per share goes down from there on a sliding scale, and AFIK they offer no overnights until you prove yourself, 100% payout and 20:1 leverage on your deposit. I have no affiliation with them but based on your quote they seem better (cheaper) and they've been around for a while.
Who the hell would edit my post with ** where I wrote "J" and "C"? This is dumb, they're a sponsor here...I don't really give a shit, its just stupid