SMB Futures Tryout - good deal?

Discussion in 'Prop Firms' started by Peblo, Jan 15, 2020.

  1. traderjo

    traderjo

    The T3 Trading website reveals why revenues from the paid training products are not on the T3 Trading Group Annual Report: "T3 Live and T3 Trading Group, LLC are separate, but affiliated companies through common ownership."
    AND THAT REVEALS EVERYTHING about so called PROPS who are in a business of test fees and paid education... tru prop firms don't get in to that , they hunt talent at their own cost
     
    #31     Aug 26, 2020
  2. bone

    bone

    Yep. DRW, Geneva, Jump, Spike, Belvidere, Wolverine... you are an employee with health insurance and you get paid on a W-2. Under no circumstances would they ever put any of the employee's own funds at risk. In fact, the CME and ICE forbid it.

     
    #32     Aug 26, 2020
  3. traderjo

    traderjo

    so Bone how do "pay for test" companies get away with it! by separating the test selling arm from the "funding Arm"? if so then is it not true that TST is not like that it is all done under one entity?
     
    #33     Aug 26, 2020
  4. bone

    bone

    I would very much like to know that answer myself. I do know that the CFTC cracked down on this commingled “education”/“prop” business model several years ago.

     
    #34     Aug 26, 2020
  5. traderjo

    traderjo

    CFTC cracked down commingled “education”/“prop” business model !
    which one?
     
    #35     Aug 26, 2020