Looking for a new prop trading group

Does anyone have any recent feedback on CY Group.

They told me for $5k deposit they give 20x leverage. Trade fees are are .0012/share adding liquidity .0053/share removing. Platform fee is $130 per month for Sterling. They told me they dont take profit until I show I'm a good trader then they will increase leverage and offer a profit split.

The only negative I see is from the $5k, if the account dips to below $1200 they keep the balance unless I'm licensed. And they dont sponsor for the test. I really wouldnt want to lose the last $1200 if already losing $3800 so I'm trying to find somewhere to get sponsored and maybe switch.

Does anyone have any feedback on CY Group and also where to maybe get sponsored to get my 56 license.

Thanks

 

Stay away. There are better options. T3, Chimera to name a few that will sponsor you.

 

I heard a lot of bad things about T3 as well though. I'll check out Chimera.

Thanks

 

Can you provide any updates about Chimera?

 

What bad things did you hear about T3. i am currently studying my 57 with them