I have been contacted by their new accounts staff on several occasions. They seem very professional, they use the LightSpeed platform (only, don't ask for another), and they were willing to negotiate with me on commissions. They are SEC-registered (unlike Cy Group, etc.), which means that your money will be held as a deposit, not a membership fee, which is a critical detail. It's not like your money will be FDIC-insured, but at least the firm won't be able to claim that you voluntarily donated money to the firm without expectation to receive it back. Coastal Trade Securities was definitely one of the top firms I was considering when I was opening up a prop account. I would definitely give them a call again if I opened up another account. Talk them down on their fees, though... a little pricey in my opinion.
This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
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