NYC Prop FX Firm

thanks

 

I found the following on the web site

"All funds will be held at Forex Capital markets"

It scared me off!!! FXCM is a well-know crap among FX traders!

 

You are absolutely correct to say that Prop FX trading is becoming popular and it’s about to explode.

Let me break down the differences between stock trading and FX trading
Bear in mind we have been trading stocks ever since the good old days of the 90’s until it all disappeared not too long ago (FEW years ago!!!)
Majority of stock traders do not make money any more and have stopped making money couple of years back.
I’ll give you a few major differences between the two markets

1 Well the number one difference is there is no Money Made Day Trading Socks.

2. Stocks: Lot’s of commissions paid by the trader

FX – No commissions whatever you make is the real number

3. Stocks: Market opens 6.5 Hours 5 Days a week

FX – Open 24 Hours Day 6 Days a week
Convenience of picking hours that fit you.

4. Stock: Gap Ups, Gap Downs, Halting Stocks and getting out with bigger losses then
Intended , Stops are not a guaranteed way of covering positions , if it goes lower then
Your stop that’s where you are getting out. Specialist manipulation of socks.

FX – GARANTEED STOPS, No Gap Ups, No Gap Downs, No Halting
Pure and Simple

Basically Trading FX Market is based on Fundamentals as well as Technical Analysis
You have reasons for placing trades, rarely are you putting on a trade without having
some solid reason backing it.

Moves are big and very profitable compared to moves in stocks.
Overall FOREX is a very pleasant market to trade if you do it professionally and with
discipline

 

We offer traders to trade OUR FIRM CAPITAL !!!

What would our interst in screwing them be
It's as if we are screwing ourselves

We are looking to hire traders that will succeed and build and grow with our firm.

If you have a problem with FXCM then you need to address that to them.

You are dealing with Global Fx not FXCM.
It's our priority to keep all trading without any discomfort to our traders.

As I have mentioned before FXCM is the Market Maker we chose because they are the Microsoft of this industry and if anyone disagrees then don't trade from home through them.

If you trade through Global Fx you are dealing with Global Fx NOT FXCM

 

If FXCM is a IB they cannot hold any money unless they want to go to jail. FXCM is an FCM so they are allowed to hold the money. This is a basic NFA rule.

 

NO PROP IS NOT FXCM IT'S GLOBAL FX

 

THANK YOU Transact Futures

School some of these Golden people here who don't know the basics of FX markets.

For every person reading this thread Please pay little attention to what SOME contibutors have to say since they have little knowledge of FX Markets.

Yoy can PM me and I will speak with you.

 

A college kid with a smart mouth

 

i would like to stop in to visit your firm next time i am in NYC--probably may 7. i am not interested in trading prop FX but would like to observe your operation and chat with your traders.

thanks !

surfer

 

Very interesting dirt

NYCDT