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Any good prop trading/trader funding company with good commissions?


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Any good prop trading/trader funding company with good commissions?

  #1 (permalink)
 matteo83 
San Escobar
 
Experience: Intermediate
Platform: Sierra Chart
Broker: Denali/Rythmic
Trading: Futures & options
Posts: 90 since Apr 2020
Thanks Given: 31
Thanks Received: 54

Hi,

Since I scalp a lot and generate high volume of trades. I'm looking for a prop shop that could provide me with competitive commissions

I've checked most of the remote prop firms, but they offer commissions higher than I can get in a retail brokerage. That's completely ridiculous!

I'm aware of Apteros, Merritt is a CME member and he has very low commissions. But I don't like their rules of evaluation.

Any other options? What remote prop can offer a true prop trading-grade commissions for a heavy volume scalpers?

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  #2 (permalink)
 nguyen74 
Baton Rouge, LA - USA
 
Experience: None
Platform: NinjaTrader, RTrader
Trading: Emini ES, Crude CL
Posts: 61 since Sep 2016
Thanks Given: 24
Thanks Received: 72

T3 Trading Group and Pinnacle Publishing (Ninjacators' parent companiy) are launching a new funded trader program together. They're also supposed to have a CME membership for lower commissions and will scale a trader up to $10M and even up to $20M if a trader already has a track record and is willing to put up some of their own money as risk capital. Seems like it may be a game-changer in the funded trader space as you can customize the rules to your trading style and actually get paid while you're still in the evaluation. It's currently in beta-testing phase though. I'll update you when it goes live.

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  #3 (permalink)
 anubis 
Montevideo Uruguay
 
Experience: Beginner
Platform: Sierra Chart / Jigsaw
Trading: futures
Posts: 56 since Jul 2020
Thanks Given: 18
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nguyen74 View Post
T3 Trading Group and Pinnacle Publishing (Ninjacators' parent companiy) are launching a new funded trader program together. They're also supposed to have a CME membership for lower commissions and will scale a trader up to $10M and even up to $20M if a trader already has a track record and is willing to put up some of their own money as risk capital. Seems like it may be a game-changer in the funded trader space as you can customize the rules to your trading style and actually get paid while you're still in the evaluation. It's currently in beta-testing phase though. I'll update you when it goes live.

Interesting, I wonder why are they doing this now, what changed? The business model has always been there for more than a decade.

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  #4 (permalink)
 nguyen74 
Baton Rouge, LA - USA
 
Experience: None
Platform: NinjaTrader, RTrader
Trading: Emini ES, Crude CL
Posts: 61 since Sep 2016
Thanks Given: 24
Thanks Received: 72


anubis View Post
Interesting, I wonder why are they doing this now, what changed? The business model has always been there for more than a decade.

I guess the market for this is growing and people are piling into this space to capitalize on this, both as trader and as a vendor. Those who can bring new ideas and innovation to the marketplace will usually survive.

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