no min volume
a firm that i dont have to worry about getting screwed.
a firm that i dont have to worry about getting screwed.
WTS - JC Trading
- Thread starter textrader4
- Start date
since you have to share 10% of your PL, isn't it a so-so deal.
Although the commission is low, the broker has nothing to lose?
Although the commission is low, the broker has nothing to lose?
I trade with WTS. groups like capital traders group, jc trading, principal trading partners are all WTS groups. You have to register with WTS and your deposit is held with them, not the group. The group usually gets a discounted group rate which they mark up to the trader (I.E. they pay .002 per share and resell for .004 or .005). I've been trading with WTS first through capital traders group and now on the WTS floor, never had a problem getting paid. My check is automatically sent every month on the 15th. I've never had to make the request. it's been a good deal so far.
The difference with the subgroups is that they put up their own risk deposit. they have freedom for setting pricing, but if the trader goes negative, wts will charge the negative account to the group until the proper legal action is taken.
The difference with the subgroups is that they put up their own risk deposit. they have freedom for setting pricing, but if the trader goes negative, wts will charge the negative account to the group until the proper legal action is taken.
groups rates with most prop firms are about .001
for experienced traders that trade 1-2 mm shares monthly.
usually pay .0015 with many firms on the street.
average rate is .002 for high volume traders usually with 95 % payout
most prop firms will try to screw you if you don't know any better
for experienced traders that trade 1-2 mm shares monthly.
usually pay .0015 with many firms on the street.
average rate is .002 for high volume traders usually with 95 % payout
most prop firms will try to screw you if you don't know any better
i think you are missing a zero in the commission?
trading should be free