FULL TIME THEY DONT CHARGE U DESK FEES OUT OF YOUR POCKET SO IN THE FIRST MONTH ONCE U GO LIVE AND SAY U R DOWN 500 BUCKS SO YOUR DEFICIT WILL BE $4K NOTHING COMES OUT OF YOUR POCKET U NEVER PAY 1 PENNY IN SAXON
THE DESK FEES R HIGH BUT U GOTTA CONSIDER X-TRADER COST $850 FOR 2 EXCHANGES PLUS CHART R E FEW HUNDRED BUCKS PLUS RENT AND THE MANAGER GETS A SALARY PLUS TRAING AND ACCOUTNING PLUS CHRISTMAS PARTIES THAT THE COMPANY PAY FOR U TO FLY AND STAY IN HOTEL WICH THEY PAY FOR SO U CAN GET DRUNK THATS WHAT THE 3500$ DESK FEES GO TOWARDS WHAT DO U EXPECT FOR U THEM TO PAY RENT AND SALARIES AND SOFTWARE FOR U AND THEN GIVE U CAPITAL TO TRADE AND IF U LOSE MONEY THEY EAT IT
Couple things. Montreal equity prop firms Swifttrade and Title trading dont make you put up dough, so if thats why your not applying there, then perhaps you could rethink that. Also, i dont know why anyone else doesnt think its odd, but 3500 desk fee for 50-70% of your profits sounds like garbage to me. 3500 desk fee is the highest fee i have ever heard of by a long shot. If you are stuck on trading futures then perhaps that is the going rate (i have no idea what avg desk fees are for futs firms) but for equities, swift fees are about $320/mo for 35%, title is 215/mo for 50%.
Guys, Let's not forget the title of this thread is Questions about Saxon Financials so let's stay on topic and not turn this into yet another Swift thread. Best to have those kind of discussions in one of the scores (hundreds? thousands?) of existing Swift threads, or take the newbie approach and ignore all of those and start a new one. Thanks.
well what about the office in Singapore and montreal What r they charging for a desk fees ( same thing ) ???//