is this a prop firm?

Discussion in 'Prop Firms' started by soler, Dec 15, 2003.

  1. soler

    soler

  2. manna

    manna

    read the fine print.

    "Q. Don't I need a minimum of $25,000 to trade?

    A. No. It is true that last year the SEC passed new rules that required individual day-traders to maintain minimum
    equity of $25,000. However you can begin day trading though a sub account with us with a deposit of as little as $5000."

    not 100% proprietary, i'd say.
     
  3. If you are learning 9.95 a trade will not be great for your bottom line, trading small lots. Better off finding a place where you pay per share etc.