I have S7 that is still technically 'active' and capital. What are the best prop firms to look at for semi active Day Trader? No nonsense payouts, financial stability and reputation as important as rates and platform. Ideas? T3? Bright? Any others?
For any prop firm registered as a BD (including T3, Hold Bros, Chimera), the licensing requirement is the S57 as of January 1st, 2016. The only exception to this requirement is if you were previously registered as a prop trader with a S7/55 combo or S56 and thus grandfathered in. If you do not have an active 55 to go with your 7, you may have to take a test.
Bright, they have the Redi platform, their clearing firm is Goldman Sachs and they have been in business since 92.