RML comission

Discussion in 'Retail Brokers' started by kelly55, Sep 14, 2006.

  1. kelly55

    kelly55

    RML comission is as follows,

    Per Trade unlimited shares with no software rebate (Preferred Plan)
    Trades / month*
    Commission / trade**
    QuoteTracker, AxisPro, OmniPro, Esignal, Meridian
    2001+ trades $2.45 Yes! I would like to open an account at this commission rate
    1001-2000 $2.95 Yes! I would like to open an account at this commission rate
    0-1000 $3.45 Yes! I would like to open an account at this commission rate

    http://www.rmltrading.com/commissions/#INET

    If I choose above plan, the ECN Fees is still necessary?
     
  2. Toonces

    Toonces

    Are you asking whether the commissions include ecn fees? If so, you get charged for removing liquidity, and rebated for adding liquidity.
     
  3. Do they allow Canadian Resident Accounts??
     
  4. kelly55

    kelly55

    If I but and sell $5 stock for 5000shares,How much is the charge for the removing liquidity, and rebated for adding liquidity?
     
  5. hotboats

    hotboats

    Im with rml rite now, I dont remember seeing that low rate of 3.45, 0-1000 shares before on their site. wonder if its something new?
     
  6. mats

    mats

    yes these rates are new.
     
  7. kelly55

    kelly55

    If I but and sell $5 stock for 5000shares,How much is the charge for the removing liquidity, and rebated for adding liquidity?

    3.45- 0.002X5000= - 6.55
    3.45+0.003X5000=18.45
    - 6.55+18.45=11.9

    right?
     
  8. kelly55

    kelly55

    If so, ECN fee is expensive, I should use level1 broker!
    ECN Fee:
    $.002 rebate for adding liquidity
    $.003 charge for taking away liquidity
     
  9. kelly55

    kelly55

    MY caliculation is correct or not, any comment?

    http://www.rmltrading.com/commissions/#ECN
    ECN Fee:
    $.002 rebate for adding liquidity
    $.003 charge for taking away liquidity
    $.004 To sweep the Street or take another ECN.

    If I but and sell $5 stock for 5000shares,How much is the charge for the removing liquidity, and rebated for adding liquidity?

    3.45- 0.002X5000= - 6.55
    3.45+0.003X5000=18.45
    - 6.55+18.45=$11.9
     
  10. kelly55

    kelly55

    any comment?
     
    #10     Sep 15, 2006