Originally posted by daniel_m
yeah, to the newbie drip who puts up NO money of his own... which u conveniently neglect to mention... which, in that case, makes it a pretty damn good deal afterall...
if you've got cash and experience, worldco can give you one of the best deals on the planet... if what people i know from there tell me is true (and i have no reason to doubt these guys), the deals walt can put up would make your knees buckle..
self clearing.
take 2, take another 2...and put them together...
If your a newbie with no dough, you will probably have to pay 1.5 c share with ticket charges, and expect caviot's that you have to build up 50k in acct. to get your payout and 10k to get any pay.
If your a pro with dough, you might be able to cut a deal with the man(.0075 if your lucky) (self clearing dosent matter when greed is involved) if his hang over is not too bad,,,but it will not matter because
--bullets-marked up ridiculasly.
--ss violations-huge fines,take dough first and ask questions later they reverse trades a week later at questionable levels if they were winners
--broken networks, poor-software, sneaky administrators
--lies and more lies on anything (if your remote your really fucked)
--vendors disdain them (then when you need help,,guess who gets screwed)
This is the tip of the iceberg
it is the scurge of the industry....BAR NONE
It should be a huge indicator that they want you to pay for their background check on you...how pathetic