Do they trade futures or just stocks? I've had a hard time finding a prop firm that trades futures. Thanks.
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Cygrouponline
- Thread starter spamula
- Start date
A friend of mine was trading also with them
he says he pay,s
60$ for Nyse, Nasdaq fees.
0.005 with 100% payout,
What do you mean by desk fees ( if you are trading remote ) ( bagel Fees - ? There is no software fees - ? WTF is Floor Fees, s
Asl long as they pay you your cheque in time that is great also.
he says he pay,s
60$ for Nyse, Nasdaq fees.
0.005 with 100% payout,
What do you mean by desk fees ( if you are trading remote ) ( bagel Fees - ? There is no software fees - ? WTF is Floor Fees, s
Asl long as they pay you your cheque in time that is great also.
just joined them, switched from vcm
good chat room
good support
by far the easiest withdrawals
tiered rates automatically adjusted based off volume (although i find this hard to believe it does happen)
good support for newbs too, i referred a friend that i just didnt want to teach because he asked way too many questions, apparently they are treating him very well
good chat room
good support
by far the easiest withdrawals
tiered rates automatically adjusted based off volume (although i find this hard to believe it does happen)
good support for newbs too, i referred a friend that i just didnt want to teach because he asked way too many questions, apparently they are treating him very well
Hi,
I am thinking about joining Cygroup. Are they honest? Can you trust what they say? Can you make money with a 50% slipt and thier fees?
Thanks
Mike
I am thinking about joining Cygroup. Are they honest? Can you trust what they say? Can you make money with a 50% slipt and thier fees?
Thanks
Mike
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?
I would like to know the answer tho this too. I have not asked for my deposit back but I feel uneasy about the CEO being the one who makes the call on MY deposit.
You know what I'll do if they don't refund my cash, I'll buy stocks and short with another broker at the same time. Free money transfer!
2- Are they good about issuing the profit checks on time?
Yes.
3- What are there commissions, charges, etc?
Negotiable, .0025 to .0065
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)
Oh, you don't have to ask for that, it's automatic, believe me they're not doing you any favors.
5- Do you recommend them?
For newbies it is the best deal in town without lockup of your cash. Laser completely and utterly sucks, so you MUST get another charting software. Laser has quick executions though and is programable with excel. No wonder it's free. Did I mention Laser sucks?
Did you sign up? How did it go? Did you find someone better?
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?
I would like to know the answer tho this too. I have not asked for my deposit back but I feel uneasy about the CEO being the one who makes the call on MY deposit.
You know what I'll do if they don't refund my cash, I'll buy stocks and short with another broker at the same time. Free money transfer!
2- Are they good about issuing the profit checks on time?
Yes.
3- What are there commissions, charges, etc?
Negotiable, .0025 to .0065
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)
Oh, you don't have to ask for that, it's automatic, believe me they're not doing you any favors.
5- Do you recommend them?
For newbies it is the best deal in town without lockup of your cash. Laser completely and utterly sucks, so you MUST get another charting software. Laser has quick executions though and is programable with excel. No wonder it's free. Did I mention Laser sucks?
Did you sign up? How did it go? Did you find someone better?
I traded with these Guys a couple of years ago. From my point of view they are legit. Never had any problems. Their Chat room is a good resource for trades.