I do want to say Hold isn't a bad firm. But when it comes to rates they really aren't any better than many of the other firms out there. They may give you a great base share rate but they will always make up for that in other areas.
I find it funny these days when people say how great Holds rates are. Have they really traded for Hold Brothers?? Do they know about the hidden SAI fees (about 2 cents a share) when shorting a stock?? YEEEEEEEEAH other than that their rates are outstanding!!!!!
what happens when people trade retail accounts through prop firms?? Do the same rules apply?? Or would the trader still receive a K-1? If not at least the prop firm would definately have all your transaction records when tax season comes. This may be a little different but in the past I...