This broker is waooooooo, cheap fees

Discussion in 'Retail Brokers' started by Nana Trader, Jun 10, 2003.

  1. No, they charge you depand on we software you
    are using (They have software licensing fee).

    For 1000shars on Island = 1usd
    REALTICK III $2.25 per trade
    SE Globe(instaquote) $1.25 per trade

    Also if you don,t make more than 150trade/monthe
    they will charge you:

    REALTICK III $300 /monthe
    SE Globe(instaquote) $150 /monthe
     
    #21     Jun 13, 2003
  2. babe714

    babe714

    Just called them up checking on commisions :
    Buy 1000 CSCO routed thru Island ECN over SE Global Trade > commission would be between 7.00 and 11.00 dollars depending on how many trades you make . I'm fairly sure this is correct , dude spoke really broken english , unintelligable . scary !
     
    #22     Jun 13, 2003
  3. babe714

    babe714

    I am considering opening an account at your brokerage. From your website I
    was looking over commission fees . Could you confirm if I understand this
    correctly ?
    I buy 1000 shares of CSCO routed thru island ECN ,using SE Global Trade
    platform , commision on this transaction would be $2.25 . is this correct ?



    Thank you for your inquiry into fees.

    To clarify:
    yes, you are partially correct -
    just add this $2.25 to your ticket charge ($13.95).

    think I'll stick with IB
     
    #23     Jun 13, 2003
  4. Then this guys are crooks, because they have not
    mentioned anything about their ticket charge.

    Their team includes bunch of mandarins and chinese,
    I called them right now and asked them why they did
    not reply to my e-mail and said they will get back to me.

    It seems they are not very organized firm, how come
    pointdirex is affilated with them.

    I will also report their e-mail reply here.
     
    #24     Jun 13, 2003

  5. Not sure if there is a difference...PD is using GA as it's broker dealer...Pd is a software bureau.
     
    #25     Jun 16, 2003
  6. This broker is shit. Their chinese customer service
    have not still replied me after three days.
    I had sent them e-mail almost twice and called
    them once. I could not understand what their
    customer service were telling me.

    I think they are inactive firm and just hold their security
    insurance for the use of other brokers like point direx.

    Even i have lost trust with point direx. There is always
    reasons behind cheap prices. It seems not many even using
    point direx. check this link:

    http://www.elitetrader.com/vb/showthread.php?threadid=18766
     
    #26     Jun 16, 2003
  7. Are you talking about GA or PD or both?
     
    #27     Jun 16, 2003
  8. I am talking about GAI. I just found out that
    www.betatrading.net also using GAI as their
    Security provider. They advertise 0.7cent per share.
     
    #28     Jun 16, 2003
  9. I know those guys.....ask for Steve...he runs them and i think a little hedge fund as well.. He's a god guy. He may have Asian speakign CS for you.
     
    #29     Jun 16, 2003
  10. I know those guys.....ask for Steve...he runs them and i think a little hedge fund as well.. He's a god guy. He may have Asian speakign CS for you.
    ----------------------------------------------------------------------------

    What for i need Asian customer service? Becasue they don't
    know anything. I need CS to be American. :mad:
     
    #30     Jun 16, 2003