Looking to join a new prop firms

Discussion in 'Prop Firms' started by Riskparity, Jan 28, 2015.

  1. That's a much better than what I am getting right now. Which firm is this?
     
    #11     Jan 30, 2015
  2. DT3

    DT3

    Integra Capital now a sub of T3.This is the firm I'm currently speaking with and will likely be joining. Their manager Zack is very professional and answers all your questions.

    That said JC trading who also sponsors this forum is also a highly regarded and a sub of T3 as well. I'd reach out to both and see which one you feel is a better fit. GL
     
    #12     Jan 30, 2015
  3. 99% payout is very good, but $3 per 1,000 isn't the best if you end up taking liquidity on lots of trades, since that can add up fast on 1M shares/month.

    Riskparity: although T3 may have "high rates and fees" it's different if you go through a sub, as DT3 mentioned, subs are "Class B" members and can negotiate their own rates/fees. WTS traders, from my understanding, have a two-year lock on their rates, so it's probably a good idea to go through a sub rather than directly going to T3.

    Other licensed prop firms to look at:

    Avatar Securities
    Chimera Securities
    Bright Trading
    Hold Brothers

    Of course, as always, do you own research/due diligence, and look at the SEC.gov focus reports and FINRA brokercheck before joining any prop firm.
     
    #13     Jan 30, 2015