Hi!
Im opening my first trading account in CMEG. When I told them about the BBT promocode they mention something about the routing and I would need some help to understand it;
"The commission structure would be $3.95 per ticket for trades of less than 1000 shares ; $0.007 per share for trades more than 1000 shares and when using the LAMPOST route it is $0.004 per share (minimum $0.50) and the ECN fee is $0.0025 per share.
Please note that for BearBull Traders clients to take advantage of this offering they would need to apply their group promo code, as well as use the SMART/LAMPOST route. This offer is not available without the use of the group promo code and it is only available for the SMART/LAMPOST route."
They also mention a minimum of 1000 shares per trade to apply the discount, is it OK? As a new trader I am not planning to trade as many shares per trade.
Many thanks for your help.
Regards