Generic Trade - any recent experience?

Discussion in 'Retail Brokers' started by bd10, Jul 28, 2019.

  1. bd10

    bd10

    By means of a quick update. I decided to proceed with Generic Trade. Given the spreads I'm interested in, a full blown all bells and whistles platform is unnecessary overkill and costs. With this specific set-up, I'll only be incurring trading fees and zero fixed costs. That's one heck of a deal.
     
    #11     Aug 3, 2019
    gamato88 likes this.
  2. gamato88

    gamato88

    Thank you for starting this post. I am currently researching different low cost brokers for futures trading, mainly micros and Generic Trade came up as a low cost broker. As you stated in your previous post there isn't much information of the broker. With commission of .22 a contract (for micros), it seems like a fantastic offer considering TOS is charging me around 2.25. If you don't mind me asking, are you still trading with Generic Trade? If so, how's it going and do they charge additional fees aside from what they advertise online?
     
    #12     Jan 25, 2020
    tyro likes this.