Advice on a deal at Prop firm

K

ksonsinc

Well i was wonder if this deal is a pretty good deal or what
0.004 per 1000 shares every thing included
95 % pay out
5K dep
No desk fess
training but volume done is less 300K have to do more volume later on
mostly Nasdaq
is this a decent deal or is it a rip off and what in your opinion is a good deal - ?
thank you
 
Something shady with that deal. If it's mainly NASDAQ, and ISLD and other ECN's typically charge 3/1000 just for themselves, I can't imagine a firm is only making 1/000 and giving you everything else for free. Are you sure it's not 4/1000 +ECN/DOT? Unless, they are teaching you to be a liquidity trader, then it may makes sense. But who wants to be a liquidity trader, that method went dead years ago.
 
i assure you it ain't .004 all in no ecn fee's on naz. many people trade 90% of the naz by hitting the bids that means the were makes only .001 per share almost not enough to pay the clearing
 
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