Commissions! Commissions! Commissions!

[GGSAE]

Quote from niteflite:

so, even for a newbie trader .01/share is too high? what would be ideal

Not necessarily. It depends on the firm, don't let all the .002/.003 talk warp your thinking. There's several things you need to consider when selecting a prop firm, commissions are NOT the be all and end all. Do a search it's been discussed ad nauseam.

 

[Sky123987]

IMO

these are the DEAD lowest rates... it's take some good negotiating skills to get this, but as I've been shopping around A LOT this is my conclusion

> 1 < 2 --> .002
> 2 < 4 -->.00175
> 4 < 6 -->.0016
> 6 < 8 -->.0014
> 8 < 10 -->.0013
> 10 -->.00115

 

[Sky123987]

Quote from Sky123987:

IMO

these are the DEAD lowest rates... it's take some good negotiating skills to get this, but as I've been shopping around A LOT this is my conclusion

> 1 < 2 --> .002
> 2 < 4 -->.00175
> 4 < 6 -->.0016
> 6 < 8 -->.0014
> 8 < 10 -->.0013
> 10 -->.0015

 

[snooptrdr]

Quote from Sky123987:

IMO

these are the DEAD lowest rates... it's take some good negotiating skills to get this, but as I've been shopping around A LOT this is my conclusion

> 1 < 2 --> .002
> 2 < 4 -->.00175
> 4 < 6 -->.0016
> 6 < 8 -->.0014
> 8 < 10 -->.0013
> 10 -->.00115

thanks for the info... now can you guide us to this firm? i'm looking for a rate in the .002 to .003 range. anyone with a serious offer pm me. i have a long history of grossing .007 so anything more than .003 with fees, would kill my net.