Flat Iron Trading ?

Discussion in 'Prop Firms' started by econometrics, Oct 19, 2008.

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  1. saico

    saico

    Can't imagine they skip your mails.

    info@flatirontrading.com
     
    #11     Oct 21, 2008
  2. gtgtgt3

    gtgtgt3

    Why wouldn't you just go direct thru WTS? Cut out the middleman!
     
    #12     Oct 21, 2008
  3. saico

    saico

    You would probably get a much better payout, since groups get a higher rate. Depends on how much of the 90% profits the branch passes thru to its traders. As a solo trader at WTS you would start with only 50%.
     
    #13     Oct 21, 2008
  4. saico

    your right, I looked into going straight through WTS before I signed on with Flat Iron. WTS offered me .00075 but a 60% payout, no way Jose.

    I am getting a much higher payout and better per share rate with Flat Iron, I'm a scalper do about 8 - 10 mill shares a month though.
     
    #14     Oct 21, 2008
  5. their commission seems to be high. i was quoted 0.001 while I was expecting something like 0.0003
     
    #15     Oct 21, 2008
  6. I received an e-mail this evening from Flat Iron stating they now offer Lightspeed.

    Anyone get this?
     
    #16     Oct 21, 2008
  7. econ

    with prop firms it all depends how many shares you trade per month and what your average net P&L is per month. Like I said I do about 8+ million shares per month, at a .0005 / 90% payout.

    I am sure I can get a .00015 at another place but will have a 80% payout. I rather keep much profit as possible and pay a little higher on the rate end as most of my trading is rebate anyway.
     
    #17     Oct 21, 2008
  8. Do you guys mean .0075 = 7.50 for every 1000 shares or .00075=.75 for every 1000 shares BIG difference, LOL.
     
    #18     Oct 21, 2008
  9. ny

    .00075 = .75 cents per 1000 shares only on Sterling Pro.

    When I started trading years ago I started at .0085 = .85 cents per 100 shares LOL times have changed.
     
    #19     Oct 21, 2008
  10. That is crazy. I get a 2 (.002) and I think that is cheap. LOL.
     
    #20     Oct 21, 2008
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