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Morad Askar (aka FuturesTrader71) has started a new brokerage firm called Edge Clear.
Here is what I've learned about it:
- Soft launch was April 2020
- Morad is 100% owner
- Three brokers followed him from Stage 5 to Edge Clear, …
There was some discussion during the webinar about NexusFi members forming a group/pool to get discounted commissions. Anybody interested? We'd need at least 5, but the more the merrier.
"It does not matter how slowly you go, as long as you do not stop." Confucius
Can you help answer these questions from other members on NexusFi?
I'm pretty sure we would all be on board with this depending on the final terms. If the terms aren't good, no one will take advantage of it.
I'm guessing it'll come down to which FCM offers the best package, right? Or no?
I wish there was a way to get an accurate number of Elite Members who would switch to EC if we got a good group buy with one of the FCMs. The correct answer is: the better the proposal from the FCM, the more NexusFi folks will take advantage. Perhaps some sort of tiered structure based on the total Elite Members to take advantage would be the happy middle ground? The "middle ground" negotiated solutions tend to be more resilient and last longer, I've noticed.
Having said that, I think the negotiations should occur between NexusFi and EdgeClear plus the FCMs. Man, I wish I could geek out to a transcript of those trilateral negotiations.
Finally, setting aside this whole group-buy thing, I (like most of us) am personally interested in any project FT does. I see a lot of potential in the initial promises made by EC. Hopefully, it doesn't grow far too fast too quickly. But I wish EC and FT all the success in the world, whether it benefits me or not. Cheers, mate.
