PTG Securities shut down???

Discussion in 'Prop Firms' started by Itrade2009, Mar 29, 2010.

  1. http://www.ptgsecurities.com/

    I warned everyone about non registered LLC's....I told you the SEC told me they were going to be shutting LLC's down!

    Who is next?
     
  2. I trade through them, they actually decided not to be in the sub-llc business and put their company or any of their traders at risk as it did not make business sense since their broker-dealer Avatar Securities provides the platforms, bp, risk, support, etc. All the ptg traders trade directly with Avatar anyway so I think the owners of ptg just work with Avatar now directly trading and recruiting.
     
  3. What about overseas?
     
  4. Read my past posts.

    I told you so.
     
  5. Sorry to hear that, I hope you can still get your money out. Good luck.

     
  6. cstfx

    cstfx

    If it is Avatar as the b/d, it shouldn't be an issue. Avatar is known as being stand up guys.
     
  7. wow that must be messed up.

    One day you see your money, the next day its a go daddy website.

    Well thats what happens when people try to cheat the systems by cutting corners. You just end up cheating yourself in the end.
     
  8. I trade with them. No money was lost and all traders were well informed. This did not change a single thing for any trader with them as they only have a small group of core traders. We are all with Avatar the bd they were with so it's all good.