Retail broker account for people active professionally elsewhere?

Discussion in 'Professional Trading' started by Kaga, May 13, 2022.

  1. Kaga

    Kaga

    Nope, no active licenses required since not US citizen, but have US retail broker accounts.
    Considering starting to trade a prop account for a firm, but gotta make sure to have all the other accounts in order once I start.
     
    #11     May 13, 2022
  2. tiddlywinks

    tiddlywinks


    Beyond my paygrade. Good luck.
     
    #12     May 13, 2022
  3. ajacobson

    ajacobson

    You'll need to notify the prop firm and they will want duplicate trade confirms. Assuming they allow an outside account at all.

    You will regret it if you circumvent their rules which kinda sounds like what you fishing for.
     
    #13     May 13, 2022
    Gambit and VicBee like this.
  4. Nobert

    Nobert

    So, would it be right to say that, they, intentionally, made it ,,harder'' for you since you were trading someone else's capital ?
     
    #14     May 13, 2022
  5. newwurldmn

    newwurldmn

    No. Because I had a Bloomberg terminal where I could see the live price if I wanted to trade.
     
    #15     May 13, 2022
    ajacobson and Nobert like this.
  6. I guess it concerns the question of "security". Many brokers do not allow third-party trading. It has a seed of sence if you dig deeper
     
    #16     May 18, 2022