BrokersXpress

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Aug 7, 2008 3:24 pm

Has anyone ever heard of BrokersXpress as a BD?  They are 100% web based, that's about all I know.

Aug 7, 2008 8:08 pm

One of their main selling points is placing large block orders among multiple accounts in an efficient manner. I had an interest in them incidentally due to their futures platform. Not sure on payout. You pretty much have to go through their interest form online.

Aug 8, 2008 11:33 pm

They did. The catch phrase in the ad was "drowning in compliance?"  I believe from speaking to an individual who spoke to them briefly is cutting down administrative beaurocracy, although every firm says that until you come on and discover a mountain of paperwork for any issue.