Hold used to require the series 7, 55, and 63 for prop trading. Are you SURE licenses aren't required?
I heard a rumor that Hold Brothers is no longer allowed to short stocks; can someone confirm or deny this?
Can anyone confirm earlier question about whether Hold has relaxed their requirement on series 7 registration or is that still a requirement for their prop trading?
They have a partner company placing ads in Craiglist. I responded to an ad and was given this response.. We are an independent branch office of Hold Brothers, the only professional day trading firm to ever be highly ranked by a major publication. We offer you a professional stock trading platform with instant executions and direct access to every market. Commissions are less then 0.005/share for remote traders! Per your individual account deposit, we extend you pro-leverage to trade with. For example: you deposit $5000, you have $100,000 of intraday buying power. If you have your series 7, 63, 55, we can extend up to 80 to 1 intraday. You keep 90 to 100% of your trading profits depending on account type you choose. So from the email they do not require any licensing.