I tried a one week free trial. The T4 execution platform is horrible. It's like the old platforms where you need to click 10 times before you can place an order with stops, targets, etc. Very difficult to use and inefficient. I finally gave up on it. If that's the best they can come up with, then there's something fundamentally wrong with the company. The people are nice and try to be helpful, but they have alot of questions being shot at them so it's hard to get some focused help. Just my thoughts.
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Live Account Trading & % profit required to receive the split check (per month? biweekly? )
$30k > 17%
$50k > 10%
$100k > 10%
$150k > 7%
Looks pretty challenging. Well, maybe not too bad for some very good traders, but requires very consistent profitability to be able to receive a bi-weekly paycheck from the profit split. "Check requests can be made on the 1st and 15th of the month." http://www.topsteptrader.com/LiveTraderSetup
Last edited by Cloudy; March 3rd, 2012 at 06:23 PM.
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If you could do what they require, then why in the world would you not just trade on your own? I could see if you were trading and poor, but if ANYONE has RESULTS like this, please contact me! I will be your agent! And... First investor!
In all seriousness, I know several people who trade much better when trading with someone elses money. So I think for certain people it makes a lot of sense.
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True. Unfortunately I have suffered from those people who then go on vacation or 'lose their mental edge' and since it isn't their money they end up sinking their investors.
Zulutrade.com is full of them. I guess it makes sense though, so I agree with you that is probably more likely someone could do it with someone else's money. For me, that works backwards in that I couldn't imagine losing someone else's dollars if I was keeping my own... Strange...