They must be ALL IN! no other charges.
Not bad hey? For someone doing say 300 trades a month, will be saving like about $300 per month Vs. Tradestation, IB and others. Say that person is trading with $5,000 initial capital, the saving itself is 6% a month like 72% per year!!!!
Amazing, how most people do not take into consideration the Cost of doing trading. The same trader who would have broken even with other brokers, had he shopped around for the best rates would have profited 72% at the end of the year instead of ZERO!
Please, always bargain and negotiate rates, let's not reward the brokers who over charge us.
That is how comms have fallen from $25 rt to $3.80 so far! They can still be lower...
Not bad hey? For someone doing say 300 trades a month, will be saving like about $300 per month Vs. Tradestation, IB and others. Say that person is trading with $5,000 initial capital, the saving itself is 6% a month like 72% per year!!!!
Amazing, how most people do not take into consideration the Cost of doing trading. The same trader who would have broken even with other brokers, had he shopped around for the best rates would have profited 72% at the end of the year instead of ZERO!
Please, always bargain and negotiate rates, let's not reward the brokers who over charge us.
That is how comms have fallen from $25 rt to $3.80 so far! They can still be lower...
