do they list there CRD number? so it appears they are set up in the SUB-LLC porp shop not an SEC broker/dealer? Please correct me if Im wrong
Few props register as broker-dealers nowadays because that would require their traders to obtain Series 7s. There's no need to have the SEC creeping in your business with the broker-dealer model.
well.... actually several prop firms are under the CBOE/CBSX and they do not require traders to take the S7, just a clean u4/fingerprint card.
Remote trading is the best imo. Got a great deal at a diff place. I never understood the advantage of trading from a prop? Anyone care to enlighten me. Sorry to bring this back from the dead
most prop firms allow remote trading, -leverage -cheap commissions -top platforms (laser is great for API) -trade with other traders
The deal would be the generally same offsite (remote) or on-site. Sometimes remote has an extra charge for connectivity. In general, the reason you would want to trade on-site is for the environment of being with other traders. The right group of traders can make a big difference in your P&L and your learning process.