Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Morad Askar (aka FuturesTrader71) has started a new brokerage firm called Edge Clear.
Here is what I've learned about it:
- Soft launch was April 2020
- Morad is 100% owner
- Three brokers followed him from Stage 5 to Edge Clear, …
There was some discussion during the webinar about FIO members forming a group/pool to get discounted commissions. Anybody interested? We'd need at least 5, but the more the merrier.
"It does not matter how slowly you go, as long as you do not stop." Confucius
Can you help answer these questions from other members on NexusFi?
I'm pretty sure we would all be on board with this depending on the final terms. If the terms aren't good, no one will take advantage of it.
I'm guessing it'll come down to which FCM offers the best package, right? Or no?
I wish there was a way to get an accurate number of Elite Members who would switch to EC if we got a good group buy with one of the FCMs. The correct answer is: the better the proposal from the FCM, the more FIO folks will take advantage. Perhaps some sort of tiered structure based on the total Elite Members to take advantage would be the happy middle ground? The "middle ground" negotiated solutions tend to be more resilient and last longer, I've noticed.
Having said that, I think the negotiations should occur between FIO and EdgeClear plus the FCMs. Man, I wish I could geek out to a transcript of those trilateral negotiations.
Finally, setting aside this whole group-buy thing, I (like most of us) am personally interested in any project FT does. I see a lot of potential in the initial promises made by EC. Hopefully, it doesn't grow far too fast too quickly. But I wish EC and FT all the success in the world, whether it benefits me or not. Cheers, mate.
