Discussion in 'Prop Firms' started by jmark100, Dec 4, 2006.
Does anyone know anything about this group?
Yeah, I actually searched all of the Elite Trader forums hoping to find some info on these guys but found nothing... I think you are the first post. Anyway, I just signed a contract with them. At first I declined their proposition (mostly because it was my first exposure to independent contracting). But they seem friendly, and I just got my account set up. Everything seems legit about them and they certain offer the most competitive pricing structure I've seen yet. Haven't made my deposit yet, but I am planning on doing so soon. If anyone else has any further information on their services I too would appreciate some feedback. Thanks.
How amazing!! Really nice that you two found each other
No SIPC insurance and since neither of you shills posted their fees they must be a ripoff for the small undercapitalized trader which you're after. No physical address and lack of pertinent details implies it's a shoestring operation with a website looking for dummies with $5K.
Same jokers as before>>>>>>>>>> different name. Dave B was behind these guys 4-5 years ago. They seem to pop up every 6 months with the same crap. You are a fool to buy there pitch and they will have a new name in 6 months.
The last few where Northwest Traders than Innovative Trading than some crap before that. I am not usually negative on this stuff as it does not pay but these guys are skum bags.
Thanks for the feedback guys I will avoid them.
WyckoffTrader- You seem to be quite aware of them... would you be willing to elaborate more about any negative feedback you've heard about them/ experienced from them? They are still under D.B. and their deal seemed to be the best around. From my understanding they are a consulting/ marketing group that simply connects traders with private equity groups who provide traders with extra leverage. Was it just one isolated incedent? or is it a scam? It seems like every prop/ sub-contract deal I've come across so far is bad... is there any place out there that will provide me with the leverage I want at reasonable rates? I like my current firm (E*TRADE) but I don't like the commission structure and lack of extra leverage. Thanks guys
world wide trading capital is a total scam you only talk with one person and his name is David Babich I looked him up on google and found this http://www.dfi.wa.gov/sd/orders/S-03-146-05-SC01.pdf BEWARE!!!!
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