Cy Group is not registered with FINRA

Discussion in 'Prop Firms' started by HeSaidSheSaid, Apr 4, 2012.

  1. Hi, check your p.m. regarding a link.

    There was no restriction for independent traders, we could trade whatever stocks we wanted. You're right about the other part, prop traders who were in the training program could only trade a list of liquid stocks, however that list was developed much later.

    I cannot state with absolute certainty that all the prop traders had real accounts. If there's ever a formal charge from any investigative authority, then it will probably become part of the public domain, and therefore will put an end to any rumor.
     
    #31     Apr 13, 2012
  2. I have traded with Cygroup in the past. Never had any problems.
    for start-up traders who only want to risk 5k I do recommend CY.
     
    #32     May 28, 2012
  3. This sounds like the best setup for the traders Does anyone know any prop groups set up like this?

    thanks in advance

     
    #33     Jun 7, 2012