Cygrouponline

Just started with these guys, up and running and trading. Very good service low commisions, good chat room.

OMS stop system is great!
 
Do they require a seire 7
how much are you,ll paying in commision,s per 100 shares
how much BP do you have
Do you get your profit,s or cheque on time
Is there a Software fess
-?
 
Hi Guys-

FYI- These guys don't require a Series 7.

I reviewed there applications - it was a real thick stack of papers.

Questions-

1- There agreement says that the intial $5k deposit is in fact a "training fee" that is "completely at the discretion of the CeO to return". Has any body gotten there deposit back, in time?

2- Are they good about issuing the profit checks on time?

3- What are there commissions, charges, etc?

4- Can one setup an automatic day total dollar loss for risk management purposes? (E.g. if I lose $500 in a day there software will lock all trading and clear all my positions automatically for the day)

5- Do you recommend them?

Any other helpful info?

Thanks in advance.
 
Spamula


you seem like you are too enthusiastic on Cy

either you are a total newbie or for some reason you are trying to upsell Cy

I've been trading with Cy for about 6 months.

In response to general questions (FWIW)

I received my profit checks promptly
(when i am profitable)

no hidden fees that I've experienced unlike at other firm I was with.

no software fees , but I do get billed for data fees.
 
I traded there but all those low fees were a lie...when i got my month end settlement they charged me floor fees, desk fees , software fees, bagel fees, and took almost all my profit!! watch these bagel boys!:mad: :mad:
 
Back
Top