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It seemed like you were claiming it was exclusive to Crossland. I've only had experience with Variance and Advantage, but I thought it was the same for all brokers. If a broker doesn't, I find that highly suspicious.
That being said, DDT looks like a good retail option and I wish Howard all the best.
I know, but I didnt realize it until you brought it up... which is why I corrected my statement.. that way others would not get confused by my lack of clarity..
@Dale Box... I should state first that I am a customer and I like velocity overall, but I dont see how you do it... would you mind explaining your position?
here is what I see.. and I am picking ES for purposes of showing my position...
CQGIC ES RT $3.52
CQGT ES RT $4.02
CQGT = $25 fee, $0.50RT per transaction, capped at $395 per month, sub with the vendor
CQGIC = $800-2K, $0.00RT per transaction, it is all included on the monthly cost, sub directly with CQG
I get CQGIC directly from CQG, I get CQGTrader from FCM. Some FCM's do offer CQGIC and deduct it from the trading account.
with CQGT, once I reached $395 in transaction fees, the remainder is all free of trans fees...
with you, my first stepdown in comms is after 1250RTs.. and that is $0.15RT, because it is the same across the board, I will eliminate it as a factor across the board... which means that I pay an additional ~$225 per month if I trade around 1250RT which include the $0.50RT transaction fee. (1250-800*$0.50) ... and if I trade 2500RT, I am not paying an extra $850... and so forth...
please help me understand how is it that you do it? as I said, I cant see it...
in the spirit of transparency... I did asked your company a long time ago and I was told that it would not be possible as it was all included on the comms, I also asked about the fee being rebated, and I was told that was not possible neither. Since I needed a feature of CQGT that is only offered as an add-on, when I asked for that piece as well even with me paying the add-on fee, I was told not possible.. which to me just tells me that there was no flexibility at all.
If I am incorrect, then I will gladly correct my statement and ensure I communicate accurate information... and specially because it will enabled me to just open a second account and trade FTSE/GILT on that account only since I need CQG to trade those markets and I want to keep the currency base on GBP....
Haven't had a chance to read the entire thread....
any reasons why anyone would stay away from Deep Discount?
Haven't looked at them previously, just looking around...
Thanks
"Successful trading is one long journey, not a destination" Peter Borish Former Head of Research for Paul Tudor Jones speaking on conversations with John F. Carter