Also Echo and Hold....Along with Bright all great firms
SPAM ALERT!!!! They (you) have been in business for a whopping 6 months and no one has ever mentioned them before....except you on your first...
Again, simply call the SEC and explain what the firm is doing and ask them if its legal. "transaction based compensation" is only allowed for...
Sky, The structure you describe is pretty much the ONLY acceptable structure that doesn't need to be registered with the SEC, according to my...
You are so right...and the firm they changed to, PTG...is now shut down!!! www.ptgsecurities.com
JC does have a lock-up on your deposit, not profits. However, they have a lower minimum initial deposit. I can confirm that Echo does not have...
Great article Don.
CY Group is just an LLC acting like a broker dealer. They are the same exact structure that Tuco and Warrior Fund were and the SEC shut them...
Thank you for the link.
Can you please respond to the question I have asked a few times in this thread but have been ignored: From an earlier post of mine after you...
The other thread was about CY traders not being able to trade on March 10th. CY told their traders it was due to Laser being down. But I am 100%...
Where did the thread go about some recent issues at Cy Group? That was an important thread discussing some of the possible issues at unregulated...
You are confusing scam prop shops that charge you a high rate, charge you for their "training", and pay you only a percentage of your profits with...
So did you have to put up a deposit? What rate are you paying? What is the profit split? Any other fees involved?
Check out a prop firm that uses Lightspeed....I used to trade at Assent and when I saw Lightspeed i was amazed how similar they were. Almost...
Don, Speaking of dual registration....do you allow your traders to be dually registered with a CBSX firm?
The SEC doesn't require the licenses, FINRA does. Since they are non-FINRA BD's, FINRA does not regulate them. The CBSX is their regulator and...
Punter, I think you miss what Epiphany is saying. They say they pass their cost along to the traders and don't make money off the commissions....
Brendan, When you have a chance can you comment on this....doesn't look like you answered it yet?
Brendan, That is excellent that you "pass along our costs". Can you please post what these are. Obviously since you pass on your cost...
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