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Strategies & Market Trends : The Final Frontier - Online Remote Trading -- Ignore unavailable to you. Want to Upgrade?


To: funk who wrote (2720)1/31/1998 5:05:00 PM
From: Street Walker  Read Replies (1) | Respond to of 12617
 
Cybertrader........ Not for ME!

Fellow daytraders:
I devoted some time to DD on Cybertrader.
Smoke and mirrors seem to be their game plan, so far. They give
no pricing structure on their web page, and company reps on SI avoid
being straight forward. They clearly have something to hide...and I
found it!

They charge $19.95/trade. Their complete package is included in the
ticket price, as they have stated thus far.

BUT......if you don't trade atleast 200 tickets a month, you are charged
a $4,000 (thousand!!) monthly charge. Completely ridiculous!

Each month you are charged $4,000 and that gives you 200 trades at
$19.95/trade. If you make less trades, you still have to pay the $4,000.

Not to say that this policy will not change in the future, this is their
current pricing structure for ACTIVE traders.

So far, for a complete system the best places (for the money) seem
to be mbtrading and AB Watley. For just level 2 and execution
the best is Castle. If I were choosing a $300/month system, I would
probably go with mbTrading. I recieved their package in the mail
and it looks stellar. They also have a very friendly technical support
(having heard of some unfriendly happenings with AB whatley) not to
say this person has not been remedied! Take a look at mbtrading and
let me know what you think.

AB Whatley is more condusive to otc/bb...(I maybe wrong)
MB Trading gives trading discounts!!!!!!!!!
Castle only charges $150/month

S.W.