Siebert, Overstock, tZero execute LOI to offer discount trading (USD 2.95 per trade)

Discussion in 'Retail Brokers' started by Maverick2608, Dec 15, 2017.

  1. zdreg


  2. 1. Payment for order flow.
  3. zdreg


    entire list?

  4. Sorry for being vague. What I’m asking is whether the USD 2.95 in view of those who have real experience with the companies is a real competitive offering, or whether we should expect to pay more than what we gain in terms of:

    - Payment for order flow
    - High margin rates
    - Customer service
    - Capitalization
    - Order execution
    - Order types
  5. zdreg


    call them with exact questions. then post here to see if you received informative replies.
  6. time for IB to lower their commision. 1 cent a round turn is robbery in this market
    R1234 likes this.
  7. DaveV


    Have you selected their Tiered Commission option? If not, and you meet their minimum transaction count requirements, you could cut your commission in half.
  8. Looks like no bargain until >300,000 shares. Maybe if you add liq most of the time its a bit cheaper
  9. Many advertisements, when you go to start session the system falls, I would not advise investing in this page nor a penny..
    #10     Dec 16, 2017