Prop Firms that require zero or max $2K down?

Discussion in 'Prop Firms' started by allaboutmoney, Feb 16, 2009.

  1. Do you know of any Prop Firms that require little or no down. Don't require a series 7, and permit remote work?

    Thanks in Advance
  2. No, but i am sure some people do know of such firms
  3. chris_73


    Can it be called a real proprietary firm without series 7?

    Most proprietary firms are required by law to have their prospective traders take and pass a Series 7 exam in order to be awarded a “registered representative” license.

    Most prop firms require around 10K deposit, but there are a some out there with less deposit demands.

    List of prop firms:
  4. If the firm is a member of the CBOE, then no Series 7 is required to trade firm capital. Echo and World Trade Securities are set up this way.
  5. Can you give some names? Thanks
  6. veggen


    If I am not mistaken, traders with prop firms stationed in Canada do not need series 7.
    Echo requires a S7
  8. Hmm...must have been a recent development. I met them back in November and a Series 7 wasn't required.
  9. ok forget about the requirement to be licensed, I can do the series 7 exam

    do you know of any Prop Firms (names please) that require almost no initial deposit, and that permit remote working (I travel alot)

  10. MGB


    How do you expect to prop trade if you sitting on a plane?

    Prop trading companies are not looking for part-time traders.
    #10     Feb 16, 2009