Recent content by jimpat2005

0.005 seems to be decent with that volume. I pay almost 3 times (1.5 cents) with your volume, no software or desk fee. What is your payout rate and with what firm are you currently.

Thank you ETers for all your posts. Yea it is definitely a no brainer to switch to another firm with lot lower commissions if I just considered the commissions and the payouts of profit. The only reason I posted this question here was that I am confused and concerned about the restrictions some...

Forgot to add this one. I do have a 25k deposit (which i made trading with their money) with them as of now though I started with no down payment. So you can say i learnt the ropes for free and In a hard way with 2 cents a share commission.

I did try to negotiate. But as it goes, rates are volume driven and at 300-350k volume a month, they say 1.5 cents per share is a fair deal. I dont want to loose profitability trying to take lower cents/share profit and loose money on commissions at current rate. I can try that with the rates...

I have been reading the threads about Prop Trading for a while now. Everyone on the threads seems to talk about Genesis, Assent, Bright, Echo Prop firms and talking about rates as low as 0.0025 to 0.008 a share plus ecn +software+deskfee and what all not. I am with Carlin Trading for...