how to save commission by setting up own broker

Discussion in 'Professional Trading' started by lovefxspot, Aug 11, 2021.

  1. i am also thinking about starting my own brokerage firm. the most complex part is to sign up for membership of each exchange and build connection to that exchange, which is too timing and financial expensive. thinking about if I need to trade on 10 exchanges. so, is there any way I use other firm's service to skip this tedious process?
    #31     Sep 21, 2021
  2. zdreg


    Direct your orders to different exchanges.
    #32     Sep 21, 2021
  3. I am not exchange member. How can I send orders to exchange directly?
    #33     Sep 21, 2021
  4. zdreg


    Many platforms allow you to orders directly to different exchanges e.f. to arca . edgx or some dark pools,
    #34     Sep 21, 2021
  5. which platform can do this? do i need to sign up for membership for each exchange I send orders to ?
    #35     Sep 21, 2021
  6. I remember it's pretty easy , open an account through an clearing firm , with 50K$(or 100k?), they will give you 50:1 leverage , very cheap commission (0.0003$/share?).
    I got these information from the post on about 7 years before. but can't find that post anymore.
    #36     Nov 7, 2021