TWI
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Jamie,
Firstly shop around. Even the best arcade company will use you as much as you use them. Do not jump at the first deal you get offered as they vary greatly, there is plenty of information on this forum for you to realise that. Some places are out to rip you off and rely on your naivety to lock you into nightmarish long term contracts with rediculous transaction costs. There are a list of the main arcades on the liffe website
http://www.liffe.com/access/how/access/bureaux/
I have worked with and know well the guys who own trading connections so this is the only one I am prepared to recommend. I am sure others are good too, if what Arjun says is correct then it sounds OK but he wouldn't say how much he charges per lot traded which is the most important figure of the lot as this will be by far your largest cost of any month.
The monthly desk fee of 500-1500 is something that a lot of people concentrate on but it is really not much more than you would pay for the setup at home. Difference is due to what is included e.g. charting packages etc.
If you can get 20-30k together so you do not need sponsoring, this is the best way to go. Then you keep all you make and the arcade will teach you just the same as they will want you as a long term client and not see you blow up.
Good Luck
Firstly shop around. Even the best arcade company will use you as much as you use them. Do not jump at the first deal you get offered as they vary greatly, there is plenty of information on this forum for you to realise that. Some places are out to rip you off and rely on your naivety to lock you into nightmarish long term contracts with rediculous transaction costs. There are a list of the main arcades on the liffe website
http://www.liffe.com/access/how/access/bureaux/
I have worked with and know well the guys who own trading connections so this is the only one I am prepared to recommend. I am sure others are good too, if what Arjun says is correct then it sounds OK but he wouldn't say how much he charges per lot traded which is the most important figure of the lot as this will be by far your largest cost of any month.
The monthly desk fee of 500-1500 is something that a lot of people concentrate on but it is really not much more than you would pay for the setup at home. Difference is due to what is included e.g. charting packages etc.
If you can get 20-30k together so you do not need sponsoring, this is the best way to go. Then you keep all you make and the arcade will teach you just the same as they will want you as a long term client and not see you blow up.
Good Luck