Hi anyone know about forex prop firms which take newbies location not specific please also tell your experiences
Saikiranray, If you have a record of profitable trading during which you used proper money management and had limited drawdowns see the homepage (top left) of moneytec.com If you are desperate, as in donât have any money to trade with, FXCM/Refco offers a $200,000 stake (two 100K lots). They want you to trade 8 times a day and will give you half the profits. They hold a seminar every month or so at 11 Broadway, NYC, N.Y. Havenât found anything between the two. If you have an EU work permit you might try MacFutures in London or MacHoldings in Gibraltar. Refco recently acquired them but they are real prop shops (as opposed to the FXCM/Refco deal above) and might let a trader do currency futures.
Saikiranray: Refco is using the successful MacFutures model in the US with an entity known as Refco Trading Services. RTS ,at the present time, is not involved with currency futures. If you go to the Refco website www.Refco.com [url], there is a discussion about RTS, their history,and what they aim to do.
Thank you traderguy and MrNoNonsense for the response I will check out the leads you gave me. please keep them coming I am looking for prop firms that would give some kinda of training before inducting me and yes I am looking for capital an am ready for the rules and restrictions you mentioned.