Nopes not considering other brokers at all because of reasons you mentioned and some others. Can someone please guide me on commision savings if I lease a NYMEX seat? Btw I am not a US national and trade and live in Pakistan
If you lease a seat, do you still get 60/40 long term/short term capital gains split? Leasing a seat may make trading your profession and subject you to ordinary income tax on trading gains as well as FICO tax at self employment rates. Not sure. Just something to watch out for.