No, the prop BD will have you fill out a disclosure form and send it to your retail BD so they can monitor your transactions for compliance.
This is incorrect. Prop firms will and do give you overnight leverage. Generally, you need to meet account minimums for overnight bp, but 6:1 is...
SMB isn't the only trading desk in New York lol
For retail trader 4:1 intraday and 2:1 overnight, that is an SEC rule. Prop traders can get 20:1+ depending on capital needs and risk profile of...
Go shop around prop firms.
Get a Razer Blade/Stealth or Dell XPS 15. All great laptops.
TradeTheNews NewsWare The Fly Benzinga
A prop firm would give you 20x leverage or more depending on how capital intensive your strategy is and it's risk profile.
Risk capital and buying power are different. If you put up $100k and a firm puts up $100k in a split-loss deal your max loss is $200k.
Yes. I have a split-loss deal with my firm, the payout is much better than 50%.
Have you looked at the prop firms in Chicago?
OP, 40% payout on a firm-backed deal is very low. Everything should be in writing, max loss, commission, BP, and ways for you to increase your...
Technology, support, rates, and firm backing.
I trade at another JBO firm, I know my firm backs traders in various ways. Just because you have more BP doesn't mean you are inherently risking...
NewsWare and TradeTheNews.
I'll PM you.
Here is a short list of equity prop trading firms that are relevant to most traders on this forum: Avatar Securities Bright Trading Chimera...
PM me what firm.
These are terrible rates and payouts.
I have a coworker who trades remotely from a shared office that is shared by non-traders, and he does not mind it at all. No one has a clue what...
Separate names with a comma.