Top Step Trader

But it's program rules are unclear. Some of the programs require licenses. And they do not specify if there is a per share commission depending on the program. I know litespeed has pretty competitive commission but I don't know about these guys.

 

It's futures...costs about 4 bucks a turn.

 

4 bucks every time you trade. That's ridiculous. You're better off with a retail broker.

 

Do you know anything about futures? 3.50-4.50 a round turn per contract is pretty standard.

 

Yes! Isn't that the same as index. Dji Nasdaq and the s&p

 

The underlying of the futures contract can be the stock indexes or corn or crude oil, or bonds or a whole host of others.

 

http://www.investopedia.com/university/futures/futures2.asp

 

it could also be stock then.


how do they expect to compete charging 4 dollars per stock trade?

did you make that up?

 

Topstep doesn't allow stock trading; it is futures only. It is just a bit under 4 dollars per contract round trip which as stated before is pretty standard for futures trading.

 

It's just under $4 per round-trip. It's not stock trading. It's futures. If you can find a way to trade futures for much less than that, good luck to you. For myself, I strongly suspect you have no idea what you're talking about.