Commission Charges

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chiba

Does anyone trade remotely for less then .004/share? I also recieve 20-1 interday and 4-1 overnight. I just want to see if there anything chepaer out there.
 
I trade remote(from bedroom) for 5$ a trade(unlimited i think-at least up to 3000 shares which is what i have traded on a single ticket).My broker is TD izone!!!....they are the secret discount side of ameritrade-really cheap...I dont like their platform so i use
quotetracker which is fine for me and is free if you have a td account.I rarely have problems.I dont use many of the tools provided by td izone but they give you level 2 and a bunch of other stuff.Whats really good is that i get real time NYSE tick!!!!(actually updates every 10 secs)...$TICK....Thank god i have my tick back!

I was looking at some fancy prop place and their rates were like 4 or 5$ per thousand shares then you had to pay 100/month for remote priviledges,about 30/month for exchange fees...a bunch of other fees also...it was ridiculous...Im not a fancy mega chart guy so this setup is great for me.

edit:the margin is only 2-1 overnight,4-1 intraday....however too much margin is a very seductive,dangerous thing you know!
 
Quote from chiba:

Does anyone trade remotely for less then .004/share? I also recieve 20-1 interday and 4-1 overnight. I just want to see if there anything chepaer out there.
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If you do volume, anything is negotiable, whether remote or in the office. Check your monthly volume and see whether or not you are ready to push the issue and negotiate a better deal. (As a reference, unless yu are doing 500k to 1MM, you don't have much of a bargaining position to deal from.)
 
Quote from cstfx:

If you do volume, anything is negotiable, whether remote or in the office. Check your monthly volume and see whether or not you are ready to push the issue and negotiate a better deal. (As a reference, unless yu are doing 500k to 1MM, you don't have much of a bargaining position to deal from.)
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I am doing around 200,000-300,00o shares per month. I apprceciate your input.
 
Thanks for the reply. I need to the 20-1 leveraging with my style of trading.


Quote from dsq:

I trade remote(from bedroom) for 5$ a trade(unlimited i think-at least up to 3000 shares which is what i have traded on a single ticket).My broker is TD izone!!!....they are the secret discount side of ameritrade-really cheap...I dont like their platform so i use
quotetracker which is fine for me and is free if you have a td account.I rarely have problems.I dont use many of the tools provided by td izone but they give you level 2 and a bunch of other stuff.Whats really good is that i get real time NYSE tick!!!!(actually updates every 10 secs)...$TICK....Thank god i have my tick back!

I was looking at some fancy prop place and their rates were like 4 or 5$ per thousand shares then you had to pay 100/month for remote priviledges,about 30/month for exchange fees...a bunch of other fees also...it was ridiculous...Im not a fancy mega chart guy so this setup is great for me.

edit:the margin is only 2-1 overnight,4-1 intraday....however too much margin is a very seductive,dangerous thing you know!
More...
 
Quote from dsq:

I trade remote(from bedroom) for 5$ a trade(unlimited i think-at least up to 3000 shares which is what i have traded on a single ticket).My broker is TD izone!!!....they are the secret discount side of ameritrade-really cheap...I dont like their platform so i use
quotetracker which is fine for me and is free if you have a td account.I rarely have problems.I dont use many of the tools provided by td izone but they give you level 2 and a bunch of other stuff.Whats really good is that i get real time NYSE tick!!!!(actually updates every 10 secs)...$TICK....Thank god i have my tick back!

I was looking at some fancy prop place and their rates were like 4 or 5$ per thousand shares then you had to pay 100/month for remote priviledges,about 30/month for exchange fees...a bunch of other fees also...it was ridiculous...Im not a fancy mega chart guy so this setup is great for me.

edit:the margin is only 2-1 overnight,4-1 intraday....however too much margin is a very seductive,dangerous thing you know!
More...


ditto... don't know why more don't check out iZone. I'm extremely happy with fills at 5 bucks a pop. I too use QT as my platform with no problems for over a year now.
 
Quote from chiba:

Does anyone trade remotely for less then .004/share? I also recieve 20-1 interday and 4-1 overnight. I just want to see if there anything chepaer out there.
More...

I can surely beat that exept if you trade 5000 share per month :) give me more detail by PM

have good trading

Vinny
 
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