Recent content by boatprint

Yeah there's a ton of these "subscription" prop firms. Any firm that's actually trying to make money off trading activity doesn't charge monthly subscription fees before they even start trading. There companies are more like "pay us to tell you that you can't cut it as a trader, so don't bother...

If I sell you a $20 bill for $25, and I'm up front about that deal, it's legit, but it's still a ripoff. Topstep's business model may be legit, but it's definitely a gigantic ripoff for the trader. Their business model isn't to profit off of profitable traders, it's to collect a bunch of fees...

I looked them up, am I missing something or are they not an options brokerage at all? It seems like their business model is to charge people fees to keep their money in ETFs.

So far I've found the following: Good brokerages (under 10c all in): Robinhood: The only truly free broker I've found, 0c / contract Firstrade: Only charges the 3.9c / contract regulatory fee Webull: Charges the 3.9c / contract fee + 4.5c OCC fee, total of 8.4c / contract Gatsby: Charges 4.2c /...