I think they have their own clearing firm - FUTU clearing
Thanks for sharing your opinion. If its registered and regulated in USA - is our money safe and insured ? I understand data might not be as safe...
I was discussing about revenue stream - if am missing anything Do you know how much major brokers make just in float income? On quick google...
To my knowledge - brokers have following revenue stream apart from commission/per trade fees. 1.- Just float income itself is quite substantial -...
Please share your reasoning?
Ok but care to explain your reasoning ?
Yes name sounds weird but they are US registered broker and clearing firm as well. So they don't have to rely on 3rd party clearing firm like...
One broker - thinks its 3k risk and other broker thinks it is 8k risk - on the same stock - same day ...amazing - I think there should be some...
So I am still not clear - there is no advantage for brokers or clearing members to block higher BP- other thank risk ?
I have seen huge difference in margin requirements among different brokers for the same trade/position. I understand the argument - different...
Just for my knowledge what is BD full form? Yes never joined a prop firm but as I said - want to scale up so need more margin/BP - For options...
no 8x and 20x is for equity/stock trading (not the options trading) and For options he said - we usually start by providing a small premium to...
My equity is higher than 25k and I am mostly doing overnight options trading in stocks - yes they will let me trade options with 25k but if its...
How much upfront money they asked ?
What about T3 trading? fundertrading is still intraday?
Ok so what are other options if any if I want to increase my BP or in other words scale up my trading ?
I did send you DM but may be you have not received it - but nothing much I said - I expressed personal thanks for your meaning conversation.
You said they give 60% of your total as PM - so for 100k portfolio value - u get 60k portfolio margin ( can we also call it options buying power?)...
I am considering prop firm - T3 trading - they said for options trading they will have offer portfolio margin but not sure how will it work ? They...
I am mainly trading options and worried about PFOF on which these tradier/RH/webull brokers rely on -- correct me if am wrong - its better to pay...
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