I did mention it was a phonecall. The phonecall was placed on 1/27 a little bit before 9:00 a.m. eastern. I'm sure they can trace it.
No, I know it was...what I was saying is that you should email them as a potential client, tell them that you'll trade less than 250K shares, ask if there are additional monthly fees, and get an email response that there is a 500/month fee. Then post it here. A total of 1 email and 1 post here and it should be clear.
Nothing positve in my remarks about JC. I have only called you out for your lies. Real simple. Maybe a little too much for you to figure out tho.
With all due respect I have better things to do, they didn't steal from me, they didn't do anything unethical, no need to open up an investigation. I did need to mention this however because it was the most ridiculous thing I've heard from a prop firm. If there are others with the same concern subscribed to ET I'm sure they will post it, if not then be it. Maybe I got an idiot on the phone, (lots of those in this business) or maybe it was TheBishop (same thing) on the phone, who knows. I really dont care, lots of choices out there for prop firms. Too much time spent on this already. I posted what they said to me and case is closed on my end.
when in doubt, go to the source: from Jeff Goldman <removed_by_admin@jctradinggroup.com> reply-to removed_by_admin@jctradinggroup.com to mr smith <mr.smith.in.nyc@gmail.com> date Tue, Feb 2, 2010 at 9:25 AM subject Re: Fees mailed-by sent.com signed-by messagingengine.com hide details 9:25 AM (5 minutes ago) John, Thank you for your interest in JC Trading Group. We have never charged a trader a monthly fee on top of commissions. If you can tell me more about your trading, I can get you out a proposal. How long have you been trading? How many shares do you trade per month? What's your average ticket size? Where are you currently trading? What type of buying power do you require? If you have a couple months blotters that would really help. I look forward to hearing back from you. Thank You, Jeff Goldman Managing Partner - Hide quoted text - On Tue, 02 Feb 2010 09:13 -0500, "mr smith" <mr.smith.in.nyc@gmail.com> wrote: Good Day, I have an interest in your firm based on your reputation on a few message boards and the fact that you offer trading thru a few different platforms. But I have a question: someone recently raised an issue with your firm that less active traders (<250k a month) have an added fee charged of $500. I have never heard of such a thing from a prop. I understand a higher commission for a less active trader, but an added fee? Can you confirm this as fact or deny the allegation as bs? Thank You John
Just as i expected, that guy who ever wrote about the 500 is full of crap! Next time you are going to post something like that, make sure you verify more then once please!
Maverick Trading doesn't require licenses, but they focus on options spread trades rather than day trading equities. They do have futures and Forex available though. When I was researching prop firms, I liked Echo, JC Trading, CY and Maverick the best.