Would like to know why my thread, jc trading has a 500.00 per month fee! was deleted

Discussion in 'Feedback' started by bigpapi, Jan 29, 2010.

  1. bigpapi



    I would like to know why the thread was deleted. This was something that I felt needed to be documented so traders can be aware.

  2. Baron

    Baron ET Founder

    Because they just sent me an email saying that the basis of the thread is completely untrue. They specifically said that they do not charge anyone a monthly fee on top of commissions.
  3. You should focus more on hitting higher than .238 this year :)

  4. bigpapi


    It was not untrue so it's their word against mine I guess, why would I make something like this up? I was searching for a reputable prop firm and I got some pm's recommending them, I read their reviews so I called and that is what the rep who answered the phone told me. If they'd like to trace it it was on 1/27 right around 9:00 a.m. eastern.
  5. bigpapi


    tell me about it!
  6. bpcnabe


    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)


    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

    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