T3 Commision Rates and Fees

D

DZ954

Hi All,

I am signing up with T3 trading and want to find out what people are paying for commissions and fees so I don't get ripped off to brutally. I do not want anything more then a desk and the money needed to trade.

Right now the deal is 5K deposit, .$7 per thousand shares for commission and 90% payout.

Is that about right, high, low or what?
 
That's way too high ... as a guideline look at Interactive Brokers pricing

https://www.interactivebrokers.com/en/index.php?f=1590

Prop firms are generally competitive with the IB rate, even if you are a newbie. And if they are keeping 10% of your profits, it can be significantly lower (of course, depending on your monthly volume, experience, and profitability). Unless they are giving you some perks you didn't mention, like amazing training, or assuming some of the downside risk, etc.
 
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