I received this email from TradeMonster promoting their new Reduced Commissions for Multi-leg Spreads and wanted to bring it to your attention. I have copied the email below for your reference. Contained in the email is a link to their New Commission Schedule to see how they stack up against other Brokers.
Don't forget about our Promotion providing $50 bucks when you open & fund an account with TradeMonster. Simply mention BookingAlpha during the account opening process and we will send you $50. Here is the link: TradeMonster Link
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*The commission is calculated by counting the total number of contracts across all legs. The charge is $0.50 per contract, with a minimum commission of $12.50 for single leg orders and $15.00 per spread for multi-leg orders. Assignments and exercises are treated as stock transactions.
This is not an offer or solicitation for brokerage services, investment advisory services, or other products or services in any jurisdiction where we are not authorized to do business or where such offer or solicitation would be contrary to the securities law or other local laws and regulations of that jurisdiction. OM Securities provides fundamental data and market data from third parties that we believe to be reliable, however OM Securities makes no warrantee as to the accuracy or completeness of this information. System responses and access times may vary due to market conditions, system performance, and other factors. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Electronic trading poses unique risk to investors. Margin trading involves incurring interest expense and risk, including the potential to lose more than invested, or the need to deposit additional funds/collateral in an adverse market to your positions. Please review our Margin Agreement and Disclosure for information on our lending policies, interest charges, and risks associated with margin accounts.
Options involve risk and are not suitable for all investors. Investors may obtain a copy of Characteristics and Risks of Standardized Options by calling customer service at 877-598-3190.
Futures and options transactions are complex and carry a high degree of risk. They are intended for sophisticated investors and are not suitable for everyone. For more information, see the Risk Disclosure Statement for Futures and Options. Futures accounts carried by Penson GHCO, an unaffiliated company.
Jon and Pete Najarian are co-founders and shareholders of optionMONSTER Holdings Inc., the parent company of tradeMONSTER and are not involved in the daily operations or management of tradeMONSTER.
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