What is best commission rate at a prop?

Discussion in 'Prop Firms' started by EliteTraderNYC, Jul 4, 2013.

  1. The best I've heard is .0045 per share for moderate volume on stocks. Anything better?
  2. that's truthfully a terrible rate.
  3. IB is .005.
  4. I know some places that charge Zero Commission but take a larger percentage of profits.
  5. 1245


    That's because they put up all the money and take all the risk.

  6. I need a prop firm that will charge me 0 in commissions and let keep 100% of the profits while they take all of the risks. Do you know of such a firm?
  7. 1245


    Madoff Securities.