amazing, surprising
traders are not praising for zero brokerage, but are complaining for paying a meagre sum of 50 for NestTrader. Bhai you may go for NOW, its free
others too are not providing for free, (there is nothing called free, one has to pay for it in form or the other, except given by or own people) but as they are charging brokerage, they are providing Nest without any charg/QUOTE].
u r missing /misconstruing my point dear...if u are daytrader
,u need nest with bo active or some autotrader api / or advaced software like presto
its not zero brokerage brother...i am happy they are offering zero....but they are asking for the tools which are free for all discount brokers atleast all are providing.....they shud ask for the terminals/softwares they had specially customized for their own clients even if it is 2000/20000 a month i cannot say anything on it and its good....plans they are offering , they are cutting off the leverage......most of us moved from z coz of terminal issues....now same is happening with F....i have sas / samco as well .....never faced data isuue (nest) with this brokers but yes faced issues with F even for paid software(irony)......even wisdom has same plans...for starters its free brokerage but for advanced and paid brokerage they offers upto6X to 10X option selling....equity Mis(40x to 60x)(free nest)......where as Finvasia offers 3x option selling max.....
even with discount brokerage if u r day trader / option seller (swing /scalper both)...u might run over 10000 as a brokerage a month
i am not advertising any body...i am asking question...that's my right.....even when zero started off they had few issues now we all know.....now fin is not that big compared to others....they already have big players in their pocket...they need retailers....for volume, prop trading...thats the huge big secret of brokerage industry....
leverage may be a big killer for big houses or for everybody but thats can be used as a weapon to correct ur mistakes if used properly
i might be wrong..but thats my view
there was a time when virtually all the brokers used to trade against their clients...now has prop firms..
we are retailers screwed by everybody...need of this time is to stay united stay focus...
else all is fine