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Flat Iron Trading ?
- Thread starter econometrics
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Quote from gtgtgt3:
Why wouldn't you just go direct thru WTS? Cut out the middleman!
You would probably get a much better payout, since groups get a higher rate. Depends on how much of the 90% profits the branch passes thru to its traders. As a solo trader at WTS you would start with only 50%.
saico
your right, I looked into going straight through WTS before I signed on with Flat Iron. WTS offered me .00075 but a 60% payout, no way Jose.
I am getting a much higher payout and better per share rate with Flat Iron, I'm a scalper do about 8 - 10 mill shares a month though.
your right, I looked into going straight through WTS before I signed on with Flat Iron. WTS offered me .00075 but a 60% payout, no way Jose.
I am getting a much higher payout and better per share rate with Flat Iron, I'm a scalper do about 8 - 10 mill shares a month though.
Quote from scalper132:
saico
your right, I looked into going straight through WTS before I signed on with Flat Iron. WTS offered me .00075 but a 60% payout, no way Jose.
I am getting a much higher payout and better per share rate with Flat Iron, I'm a scalper do about 8 - 10 mill shares a month though.
their commission seems to be high. i was quoted 0.001 while I was expecting something like 0.0003
I received an e-mail this evening from Flat Iron stating they now offer Lightspeed.
Anyone get this?
Anyone get this?
econ
with prop firms it all depends how many shares you trade per month and what your average net P&L is per month. Like I said I do about 8+ million shares per month, at a .0005 / 90% payout.
I am sure I can get a .00015 at another place but will have a 80% payout. I rather keep much profit as possible and pay a little higher on the rate end as most of my trading is rebate anyway.
with prop firms it all depends how many shares you trade per month and what your average net P&L is per month. Like I said I do about 8+ million shares per month, at a .0005 / 90% payout.
I am sure I can get a .00015 at another place but will have a 80% payout. I rather keep much profit as possible and pay a little higher on the rate end as most of my trading is rebate anyway.
ny
.00075 = .75 cents per 1000 shares only on Sterling Pro.
When I started trading years ago I started at .0085 = .85 cents per 100 shares LOL times have changed.
.00075 = .75 cents per 1000 shares only on Sterling Pro.
When I started trading years ago I started at .0085 = .85 cents per 100 shares LOL times have changed.
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