I don't think you will find another prop firm which will let you trade without putting down your own money at risk. This is the main reason why Swift Trade is so in demand in Eastern Europe and Asia. In America almost anyone can afford to risk blowing up 5k in trading but in those countries only a few can do that, majority have no opportunity to earn this kind of money ever. Trading for Swift can be compared for doing sales for a commission.
You need a series 7 to trade through Bright, i doubt any of these guys with basically nothing have the means to acquire that.
Be realistic, do you think they're gonna make the effort preparing and studying for the series 7 and then flying to the US to write the exam - and that's if they receive sponsorship from a firm like Bright or anyone else.
I have decided now that stylelad's posts look fishy. You have been given names and there are names on this board in other places. If you were seriously and not operating on some hidden motive trying to get people to name names, you would already be making higher %.
Why not ? I do not trade equities, but if I would I would certainly do so. (I live in Europe) I was seriously thinking about this a few years ago after I couldn't trade options anymore thanks to cancellation costs. I decided to trade futures however.
I have also looked this up and there are some people who posted in the past on elitetrader who are living in Europe and trading remote like that. Don't ask me for names, it's too long ago since I last looked but use the search function and eventually some names will come up ...
Despite what the label and the history books will say, China has never been communist and (I will take heat for this) never will be communist. And also, all this percieved arrogance from 1 or 2 posters is nothing to be worried about. I remember reading in Chit Chat and China should be feared militarily. What a joke, if only you knew.