I've been trading equities since 2001 and am looking to get into the forex market. I was browsing GFT's website and noticed that they charge something called a "settlement date adjustment"? If I'm understanding this correctly, my P/L can differ from the closing price depending on the current...
Thanks. That's what I figured.
The way I see it, if the prop firm was a legitimate company, why wouldn't it be registered with the SOS/DOS? For those that aren't, it appears to me that they don't want to be found.
I've been retail trading since 2001 and just discovered the benefits and drawbacks of prop firms that don't require a Series 7. After contacting a handful of these particular firms, I noticed that some of them had a physical location listed on their website but the LLC was not registered with...