Prop firm, no Series 7, yes k1

Discussion in 'Prop Firms' started by Trader588, Sep 29, 2007.

  1. Hi,

    Is there any prop firm that does not require Series 7 license and would issue k-1 for tax report? Please post or PM.


  2. lescor


    Tuco Trading. I've been with them for years.
  3. Hi Lescor,

    how often can you get a payout with TUCO...

  4. lescor


  5. lescor,

    Thank you for the reply. Can I also trade options and futures through TUCO? I checked the website did not quite get the info. Thanks.

  6. Our new traders may, if they choose to, trade while in training "pre-Series7" during boot camp, etc. They study for the test, and things just get better when they switch to being a licensed trader.

  7. LOL,

    Don, are you not the "Chop Shop" that trains their "new traders" in VEGAS?

    Perfect place to learn how to double down, if any.
  8. I think these might meet your requirments but check with each:
    1) Benchmarq
    2) Cy group
    3) Vtrader
    4) JC Trading

    hope this helps...check some of my last of them discusses these.
  9. Sanjuro


    You forgot to mention that the commissions rate is .0125 per share if you don't have a S7 at Bright. You would have a lot more traders if you lowered the rate to be competitive with a retail broker like IB.

  10. HOLY SHIT .0125?

    Damn I pay almost 1/10th that... that's robbery Don, pure Bright robbery.
    #10     Oct 1, 2007