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please provide more details.. when I reached out to them I probe briefly and wasnt all that concerned, but I wouldnt mind knowing another point of view. I am going to create a separate thread to discuss MBF, that way we dont take away from this one.
I guess Velocity Futures is not interested on answering the question... as I said before, we have asked and not gotten an answer... cant get any simpler than this... even matt from Optimus has answered this question, but Velocity is yet to provide a clear reply...
so a rebate will be issued for any and all contracts that are traded above the required number for any CQG Trader users..
which would mean, for a customer trading 2000RT, once it surpases the 740RT cap, you will rebate 1260 x $0.50 = $630 back to his/her account.. or $0.50 for the platform fee per RT above 740RT...
not sure to whom you were addressing the response.. but to my question above, who is clearing for you then? because that I know of, you still need to deposit funds with them, right? but regardless of that... who are you using to clear... thanks in advance.
Your funds are deposited with us, not the other FCMs. We have relationships with several clearing FCMs, primarily New Edge and ABN Amro. Please feel free to contact us if you have further questions.
If you have any questions about our services at Velocity Futures please send me a private message.
I love your daily comparison's between traders. That is really nice and thanks for allowing others to show the leaderboard. I think that is inspirational and good for everyone to see where traders 'lie'. haha..
One thing that I think would be cool is to add sharpe ratio for the traders and allow them to pick up clients if they are CTA etc.. Might not be a bad idea as I have seen other forex brokers do that internationally.
Just an idea for your clients to grow if they leverage funds etc..