What are good rates?

Discussion in 'Prop Firms' started by mustang1282, Aug 5, 2005.

  1. mustang1282

    mustang1282 Guest

    What are some good rates offered by prop firms? Would appreciate rates for putting no money up and putting a certain amount up.
  2. few will tell you there rates. truth i it depends on how much vol you're doing and if you go to a big prop house like echo or assent or the 100's of broker delears popping up who have ties to a clearing house and software vendor.to broker dealers i've een have terrible service and crummy quote. with them doing 100k a day you can get .0025 plus or minus easy.with the assents and echo's you can get .003 to .0035.. personally i'd go with the more etablished prop house and pay a little more a the aggravation at the little broker dealers is terrible
  3. if you trade 1 million shares and up per month, you should get at least 0.5 cent rates at any prop shop.