traders ... what brokerage rates do you get, page-21

Hi Wilson,

I'm doing around 40 trades per week with Amscot, which is more than i estimated when i negotiated a rate, and yes, it's less than the advertised one.

I reckon i've spent 40k on brokerage with them so far this tax year.

I guess the majority of my trades would be in the 5k to 25k bracket, but i do get the odd one or two over 30k, and the flat fee i get charged has stayed the same regardless of the value of the trade. I've got the option to bundle trades together on the same stock, but it doesn't really work for me as i trade many stocks in a day.

It's probably worth phoning around a few brokers to see which one caters for your individual trading strategy best. Just ask if the amount of business you are giving them merits a discount. My initial rate was on a trial basis.