I met this experienced trader who was talking about how he was using Nasdaq Level II platform and talking about his strategies and he told me that not every Nasdaq Level II trading platform is same and some of them are fake and some of them are real. According to him, if you utilize the Nasdaq Level II trading platform of Scottrade or other smaller brokerages like ZECCO, the bids and asks you are seeing on the screen are not necessarily asks and bids of real people but in reality prices are manipulated (marked up) by the brokerage. In other words, when you sell, you are selling 2 or 3 cents less than what the market really bears at that moment. The difference is pocketed by Scottrade. He mentioned that they monitored different Nasdaq Level II platforms at the same time side by side and they had all different prices for the same volumes for the same stocks. He also added that the only true Direct Access platforms (Nasdaq Level II) where George's bids and asks meet John's with no middle man manipulation is Fidelity, Terranova, Cybertrade and Tradestation Direct Access Platforms. Anyone has an idea if this is true or not? Can you recommend any brokerages that offers low commissions for unlimited shares and REAL Nasdaq Level II platform?