Anyone?
I understand they have a monthly fee. But do they have spread on top of this fee?
If they have spreads and a monthly fee, how can they claim to be cheaper than a broker with distributed alone?
Anyone?
I understand they have a monthly fee. But do they have spread on top of this fee?
If they have spreads and a monthly fee, how can they claim to be cheaper than a broker with distributed alone?
I eventually got an email back from these men. They confirmed that they do control spread along with the monthly fees. Their lowest monthly fee is approximately $150. Honestly, I don't see how this could be a good thing. My broker charges only .07 a 1000. I don't think I'll be shing into the Collective.