Can these Commissions be true

G

Green_Ring

I've heard of this figure $.20 / 1000 shares several times. Are there really firms that offer this or is this a scam. Don Bright I read once says he pays over $2.00 /1000.
 
Quote from Green_Ring:

I've heard of this figure $.20 / 1000 shares several times. Are there really firms that offer this or is this a scam. Don Bright I read once says he pays over $2.00 /1000.
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They're "ture" - sort of...more of a Canadian/Penson "ticket charge" plan, based on rebate trading, profit splits etc. (ala Swift etc.)...the numbers you quoted for me are abosulutely true.

Don
 
That rate has been at one time or another available at the following firms (and certainly many more):

Now keep in mind that this doesn't mean every trader gets that rate. I'm simply pointing out some places I've read/heard/known.

Swift Trade (actually less than 0.20/1000)

Title Trading

Golden Market Management

Global Market Trading

JC Trading

World Trade Securities

First Nat
 
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