How does Qexus Make Money
We make money through smart contracts. Our partnership with clearing firms automates our orders to various destinations, and on certain transactions, we receive a rebate. Bear in mind that it is the legal responsibility of the clearing firm to always seek the best price for your order, regardless of any potential rebate.
This revenue model could seem to incentivize retail investors to make trades at a higher frequency, which is risky for most everyday investors. At Qexus, we’re on a mission to advance our members’ prosperity through tools that enable long-term investing. We believe our objectives are in line with the best interests of our members.
Qexus has prepared this report pursuant to Securities and Exchange Commission rule requiring all fin tech firms to make available to the public yearly reports about their order routing practices. The report provides information on the routing of “non-directed orders” — any order that the customer has not specifically instructed to be routed to a particular venue for execution.
For these non-directed orders, Qexus has selected the execution venue on behalf of its customers.
Investors should be aware that system response, execution price, speed, liquidity, market data, and account access times are affected by many factors, including market volatility, size and type of order, market conditions, system performance, and other factors.