Other stocks/options prop firms besides SMB, T3, etc.

Discussion in 'Prop Firms' started by TradeBlazer, Feb 8, 2024.

  1. I am looking to trade stocks and options, not forex or futures.
     
    #11     Feb 22, 2024
  2. Yeah, it is good! You can read it!
     
    #12     Feb 23, 2024
  3. bouale93

    bouale93

    You should take a look at Black Eagle Financial Group. I have been using them for quite some time and they trade only US Equities and Options
     
    #13     Feb 23, 2024
    Margin Called and TradeBlazer like this.
  4. Their phone drops calls after about five rings. Their website does not give information about how to apply as a trader. The FAQ page does not expand out to reveal the answers to questions. And I've emailed them twice with no replies.

    I am interested but so far Black Eagle seems to be a mess.
     
    #14     Feb 23, 2024
  5. jmsmith77

    jmsmith77

    @TradeBlazer my research also led me to only TradeFundrr, FunderTrading, and Maverick Trading (SMB possibly as well). I emailed Maverick to get more info, but never heard back. Can you share what you've learned about their program?

    Seems like such a wide open opportunity compared to the hundreds of futures/forex prop firms out there.
     
    #15     Mar 28, 2024
  6. Only Tradefundrr and Maverick allow swing trading of options. Funder Trading is intraday only which is why I have steered clear of them. SMB? You need to be a young 20-something who is still in college in order to be a candidate. They are like an Ivy League program now since they get thousands of applications every month. Don't waste your time if you want to actually trade with them.

    Tradefundrr is just a website and you pay the monthly fee and trade your own money. With Maverick you will pay about $7k to start which gets you about three months of working closely with someone for training purposes. When that is completed you will pay $5k as contributing capital once you start live trading and they will give you about $25k in leverage for that. You will get all money returned to you once you reach $12k in profits. Fundertrading requires an up front cost of $3,500-$5,00 for 3 or 6 months of working closely with trainers and you will get $100k in leverage at the end, provided you show that you can be profitable.

    These are all there is for options prop firms.
     
    #16     Mar 29, 2024
    curiosity likes this.
  7. jmsmith77

    jmsmith77

    Wow that’s incredible insight. Thank you. Yeah not in my 20s anymore that’s for damn sure. I tried Tradefundrr and they made you use Sterling Trader Pro, which is clunky and doesn’t let you set stops on options. Which is a real dealbreaker.

    Does Maverick use Sterling too for placing trades? Or another platform like IB? Appreciate the insight.
     
    #17     Mar 29, 2024
  8. a few years ago I joined their forex program and they were using IBKR, which is probably still true today.
     
    #18     Mar 31, 2024
    jmsmith77 likes this.
  9. jmsmith77

    jmsmith77

    Thanks. So are you going to join their options program?
     
    #19     Mar 31, 2024
  10. I did it twice but their consistency rule is shit and bit me both times. If you have one anomalous day, such as a $6,000 day, their consistency rule wants you to achieve half of that eight more times.
     
    #20     Mar 31, 2024