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DeepDiscountTrading Broker
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DeepDiscountTrading Broker

  #101 (permalink)
Elite Member
Necedah, Wisconsin
 
Futures Experience: Advanced
Platform: Genesis Trade Navigator
Broker/Data: Infinity with TransAct Futures
Favorite Futures: ES and Bonds
 
Posts: 7 since Jul 2010
Thanks: 0 given, 3 received


MetalTrade View Post
It's not confusing, CQG has 3 versions.

There is CQG Lite, trading only on a small dom for a very cheap price, the CQG trader (without charting) and CQG Integrated, the full blown CQG trading + charting.

This is the Platform CGQ Trader...NOT THE CHARTING....I do see where you can get a version of CQG from Market Studies called Demark Prime for $500 per month...quite a savings over CQG its self....Birch

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  #102 (permalink)
Elite Member
San Diego, California
 
Futures Experience: Intermediate
Platform: Sierra Chart
Broker/Data: IB, OEC, Optimus, DDT
Favorite Futures: ES, ZN
 
Posts: 221 since Jun 2010
Thanks: 513 given, 157 received


Birch49 View Post
CQG Trader....costs $25 per month for most all markets...you have to check on that...only cost Birch

Birch, on th DDT site, there is 25 cents per side fee for CQG trader, is total round turn for ES $3.82?

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  #103 (permalink)
Membership Permanently Revoked
 
Futures Experience: Intermediate
 
Posts: 1,176 since Nov 2009
Thanks: 221 given, 844 received



omaha786 View Post
Birch, on th DDT site, there is 25 cents per side fee for CQG trader, is total round turn for ES $3.82?

CQT Trader Monthly Cost is $395 per month .... that is the all in cost.. transactions and platforms.. for CQG..

what does that means? simple...

the min cost is $25/month plus $0.50 per transaction round trip... which is tailored to those doing less volume...

it means that you must trade 740 RT per month before your platform costs are paid and your transaction costs drop by $0.50...

so with DDT... your commissions without platform costs is: $3.32 RT... plus $0.50 RT... plus $25 per month.. or basically $3.82 and $25/month...

once you hit 740 RT... then you will be rebated the $0.50RT... which means you will still get it deducted, but it is rebated at the end of the month.

so if you trade 1000 contracts per month, then you get back $130 at the end of the month... $0.50x260 ...

I hope that helps.

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  #104 (permalink)
Elite Member
San Diego, California
 
Futures Experience: Intermediate
Platform: Sierra Chart
Broker/Data: IB, OEC, Optimus, DDT
Favorite Futures: ES, ZN
 
Posts: 221 since Jun 2010
Thanks: 513 given, 157 received


sysot1t View Post
CQT Trader Monthly Cost is $395 per month .... that is the all in cost.. transactions and platforms.. for CQG..

what does that means? simple...

the min cost is $25/month plus $0.50 per transaction round trip... which is tailored to those doing less volume...

it means that you must trade 740 RT per month before your platform costs are paid and your transaction costs drop by $0.50...

so with DDT... your commissions without platform costs is: $3.32 RT... plus $0.50 RT... plus $25 per month.. or basically $3.82 and $25/month...

once you hit 740 RT... then you will be rebated the $0.50RT... which means you will still get it deducted, but it is rebated at the end of the month.

so if you trade 1000 contracts per month, then you get back $130 at the end of the month... $0.50x260 ...

I hope that helps.

Thank you. Is OCO bracket server side managed with CQG Trader?

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  #105 (permalink)
Membership Permanently Revoked
 
Futures Experience: Intermediate
 
Posts: 1,176 since Nov 2009
Thanks: 221 given, 844 received

it is part of the advanced trading features if I am not mistaken, which is $100 per month... so the base would be $125... still total $395... the issue is finding the FCM to let you have the advanced features... DDT(Crossland) will be more than happy to do so... I have not found any other willing to do it.


omaha786 View Post
Thank you. Is OCO bracket server side managed with CQG Trader?


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  #106 (permalink)
 Vendor: www.htech.net 
Saint Louis, Mo., USA
 
Futures Experience: Advanced
Platform: NinjaTrader, Tradestation
Broker/Data: Amp/CQG, Velocity/TT, Kinetick, TS
Favorite Futures: Anything That Moves..
 
EDGE's Avatar
 
Posts: 127 since Aug 2010
Thanks: 77 given, 220 received


I created a webcast yesterday morning. It isn't necessarily all about future's brokers, but I do share what I discovered when researching them for myself. I compare Technologies used to interface with ninja, commissions, and my personal experience with customer service. Tradestation, Zumo, Velocity, Infinity, Global, and although not discussed you'll see Amp w/CGQ commissions as well (although be aware, those amp quotes are supposable special rates) ( I should also mention, these rates were quoted for an estimated 300 contract round trips a month). You can jump right to the 8:30'sh mark if you only want to see the broker part of the webcast. Please don't let this be the only influence in your decision, do your due diligence. This is only just my personal experience and research!





I actually created this as an addition to my personal trading journal that I have recently started here on futures.io (formerly BMT). If interested, You can find that thread here:






Please direct any comments you might have to my journal thread. It's very doubtful that I will see it here. It does require Elite Access. But if you're not an Elite Member here yet, SHAME on You!



Edge

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  #107 (permalink)
Elite Member
Necedah, Wisconsin
 
Futures Experience: Advanced
Platform: Genesis Trade Navigator
Broker/Data: Infinity with TransAct Futures
Favorite Futures: ES and Bonds
 
Posts: 7 since Jul 2010
Thanks: 0 given, 3 received

Deep Discount....


sam028 View Post
Can mention your broker's name please ?

Howard Lender is the man.....I trade alot of contracts but you dont have to.... Birch

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  #108 (permalink)
Elite Member
Necedah, Wisconsin
 
Futures Experience: Advanced
Platform: Genesis Trade Navigator
Broker/Data: Infinity with TransAct Futures
Favorite Futures: ES and Bonds
 
Posts: 7 since Jul 2010
Thanks: 0 given, 3 received

Deep Discount....


omaha786 View Post
Birch, on th DDT site, there is 25 cents per side fee for CQG trader, is total round turn for ES $3.82?

I know, I was expecting that too. When I fiqured out my costs it came to $3.32 on emini S&P and $2.16 for Bonds and notes....If theres the $25 per month, I havent seen that as of yet. Go to the web site...They carry some platforms that are free including your live feeds...Birch

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  #109 (permalink)
Elite Member
Battle Ground, WA
 
Futures Experience: Master
Platform: Multicharts DT & MBT Desktop Pro
Broker/Data: MB Trading
Favorite Futures: GBP/USD, EUR/GBP, EUR/USD, GBP/CHF, GBP/JPY
 
Posts: 75 since Feb 2011
Thanks: 10 given, 35 received

MBT Limits

If you trade Spot Forex using limit orders only, MBT *Pays* you $3.90 round trip. That's a good commission structure!

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  #110 (permalink)
Membership Permanently Revoked
 
Futures Experience: Intermediate
 
Posts: 1,176 since Nov 2009
Thanks: 221 given, 844 received



DarkPool View Post
If you trade Spot Forex using limit orders only, MBT *Pays* you $3.90 round trip. That's a good commission structure!

when someone pays me to trade with them I become wary... kind of similar to a millionaire polititian... you kind of wonder why they would spend $30-50MM+ to get a job that pays only $150K tops...

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