Andrew Aziz

IB commission structure is slightly bit better, but not much.

They provide DAS platform for free, for active traders who make over $350 commission.

Thanks. In all honesty, I am not trying to defend CMEG or anyone else. I just want to look into the best option for traders. For under PDT traders, I found CMEG is best so far, but I do not swear on them! For over PDT traders, I recommend IB/DAS or CenterPoint Securities. Each has its own pros and cons. Which brokers they want to choose is eventually traders' decision after getting all the information.

Thanks Brandon. Welcome back! Does SureTrader 4.95 flat fee includes ECN fees? Is that screenshot from simulator trtade? Problem with simulator Account Report is they are not accurate, because you dont 'really get filled and different ECNs have different fees. NSDQ is one of the most expensive routes.

In this case, it may be fixed better for low volume traders. Honestly, I never looked into it. I am in 0.002 tiered structure 300K-3M. So for me, it probably will be the same. But for low volume traders, it may be better to go with fixed I suppose. Do IB have info on which one is more suitable to which type of traders?

Are you sure it is all inclusive? I read this: It seems there is an "exception transaction fees".

I love to come to DC area to meet you guys. Never been there. Early November should work. I plan to be in FL on Nov 19, so before that would be nice. I can fly south from DC to go to FL meet up. How about November 12-17?

Hi everyone, Yes this issue has brought to my attention by few traders. They sent me their statement and I am looking at it. Here are my thoughts: 1CMEG apparently did not charge ECN fees until August 2018, and they actually lost money on it. This was an internal mistake from their side. So many traders are surprised seeing ECN fees, but in fact, they are actually very normal and every broker is charging them. So part of frustration was because many people were shocked seeing them, while they were benefiting from a free ECN rebates in the past. From what I see, CMEG ECN fees are normal compare to other brokers. The list is here: https://www.cmelitegroup.com/rates-and-conditions/trade-fees As you see, most ECNs are chargin around $0.003-0.004 per share for marketable orders (removing liquidity). This advertised fees is also standard with other brokers such as SpeedTrader, CenterPoint or IB. https://centerpointsecurities.com/stock-broker-dealer/pricing-brokerage-fees/ I looked at few of my trades, and I saw IB also charges me in the range of 0.003 per share ECN fees in addition to 0.002 tiered per share commission trucutre. See below my IB commissions on 3 trades on MU and AMD. My calculation for IB with 0.002 per share commission shows: One of our trades ECN fee: Overall, I think ECN fees of CMEG is not unreasonable. I see why most people got surprised, because they did not have it on August and before. But you should know that CMEG made a mistake so far by not charging those properly. ECN fees are common to be charged to traders by all brokers. Am I missing something?

I suggest having it on Sunday 16 evening 6 pm. Abiel, can you please post it on the chat?

Thank you Miguel!

I got my tickets. Can not wait to see you guys.

I try to come if it is not last week of August. I will be in Burning Man last week of August.

wow thank you guys! It seems we have a full house!

wow. Welcome Vince. I am very impressed by this! Congrats on the big moves you made in life and a great plan. I am following this forum.

Thanks guys! Let's make one of them active. Which one we should keep? I can fly over in July, never been to GTA.

Thanks Peter for taking the 2 hr drive. I am looking forward to meeting you. Is Ronald B still around? I remember you and him were old timers!

Nice!

Thanks Nick! I know DAS is trying to implement that sync levels to all charts. Lee W is working with them to tell them exactly what we need.

Thanks Khalid. So who is coming, I would like to have a list of people attending, can you sign up below: 1. Andrew Aziz

I think it is best to meet somewhere. I land at 7:15pm so I may be late, I do not want to keep people waiting at the hotel. I wait for locals to suggest a place, but if not, I pick up a place myself. I am easy with anywhere. Les 3 Brasseurs was good. Do they accept reservation?

Date is June 19th. My flight lands at 7 pm, so I can meet at 8 pm in downtown. I am staying at Marriott Chateau Champlain Hotel in downtown, Any one around for a drink at 8 pm somewhere near downtown? Cheers,

Robbie! Make a video please!~

Hey guys, my plan to Montreal is now confirmed. If anyone is around I can meet June 19th around 8 pm in downtown. Any BBT member?

Excellent guys!

I always learn something new from your journal Rob!