Hey all, been reading several threads on here regarding "arcade" prop firms for US stocks. Found some interesting ones like Alaric but have been finding many of them don't take US-based customers. Let's get a list going of equities-focused firms that take US citizens as traders. I'll start with the few I know. Bright Trading - StockTrading.com Deposit-based firm Minimum deposit of $5K (although on the phone they say they're not really interested unless you deposit 15k, unsure how true this actually is) Uses REDIPlus EMS Access to StockOdds which is kinda like a backtesting/idea testing platform for technical strategies. SMB Capital - SMBCapital.com Unfamiliar with details, just aware of their large social media presence Maverick Trading - MaverickTrading.com Also unfamiliar with details not on their site, never spoken to them. Please post any firms you're aware, both onshore and offshore. I think it's great to evaluate every option before you make a commitment to a firm. I'm currently considering joining a firm if it seems like a better deal than retail trading with reasonable costs.
https://www.smarter.trading/ (they also have an address in NYC, so I assume they are open to US residents)
https://fondexx.pro/ ($700 min. deposit and no minimum commissions volume, only $40 monthly for lowest platform, the least requirements I found) Not sure if they take US citizens. If someone prefers the broker structure, insted of a prop firm, but still wants good leverage, you can get it here too : https://www.tvmarkets.com/ (starts from $3k, up to 30:1 intraday and 6:1 overnight leverage, located Cayman Islands) https://greatpointcapital.com/what-w...etary-trading/ (located in US, but $5mm needed to get decent leverage as broker)
Avatar Securities Bright Trading Chimera Securities Great Point Capital Hold Brothers Captial Kershner Trading Group T3 Trading Group Trillium Trading Seven Points Capital Do not touch anything offshore.
The one I trade with (Alkaline Capital based in Canada) also seems to trade US citizens but you will have to double check with them
With such a small deposit, I'm tempted to open a small account with them just to test things out. But there's nothing about this firm online. How does one verify the legitimacy of an offshore prop firm?