SPOOZ Inc (SPZI)

[fedfunz]

Good Question.

The way it works is that you have an account with one of the 110 brokerages affiliated with TT. Let me state here that it is way more than 110. Thats because many smaller firms are affiliated with one of the larger firms and they are not listed. They may use MAN, or some other large firm, to trade through, and they will not be listed as a brokerage, but they will have access to Spooz.

Okay, so you have your account with, lets say, MAN. MAN offers a number of platforms for you to use. They do not care which one you favor. MAN sets up all the parameters on your account. They do everything except select the platform. The trader does that. Once you inform your firm with your platform of choice they do some backroom configuration stuff. You will go to the SPOOZ website and download the platform with your firms ID number, your name and account number. All billing is usually done by those brokerages and taken out of your trading account monthly.