Recent content by swimtrader

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    Anyone familiar with The PropTrading Group?

    OK....I'll bite. What type of rates and payout did they offer you? Feel free to PM.
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    Anyone hear of Main Street Trading Company?

    Same scam different day.
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    Anyone hear of Tower Hill Trading from Chicago?

    Do you know there is a "search" feature in the upper right hand corner?
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    Which firms don't pay any commission?

    Wow!! Mine too. I think we are on to something!
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    Nonko Trading- Off shore Prop firm

    What's your point??
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    Quit prop firm after server side technology issues with API cost me my year; advice on non compete

    Your first mistake was signing up with Tower Hill / Great Point in the first place. There is so much negative information on this website about them.....including how bad the agreement is. That being said....I agree with everyone else. The non-compete isn't enforceable...unless you steal...
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    Be careful if you are at Suretrader....

    Again, you shouldn't take legal and accounting advice from the internet but I can't see how you would get in trouble for PDT. When US citizens were able to have non-US FX accounts people did not get in trouble for having foreign accounts that offered higher leverage. However, I would...
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    Be careful if you are at Suretrader....

    Suretrader is now making all US traders fill out a Foreign Account Tax Compliance Act (FATCA) and W-9 (email went out ao all traders today). When you complete this the US Agencies will know you have/had a foreign account. If you did not also complete an FBAR form with your income taxes for the...
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    Prop Firms

    Really??? I don't think they are even in business anymore. Do you have a Series 56?
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    What do you think about Shark Traders

    Chris, We have gone through this on other threads. I hate to shout...but: THERE IS NO SUCH THING AS A FDIC BROKER DEALER....ADDITIONALLY, YOUR FUNDS AT GREAT POINT ARE NOT GUARANTEED BY THE FDIC!!! Either you are being lied to or a shill for the company...which one is it?
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    The Benzinga Imbecile

    Why do you keep listening if it's so bad? Maybe you should find a better one.
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    Equity Day Traders please post your firm only.

    Chris, Again you are very confused and I don't understand why you keep posting incorrect statements. Brokerage accounts are NOT insured by the FDIC. They are insured by SIPC. If a brokerage firm offers banking services then the money in that account will be FDIC insured but again that is...
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    Equity Day Traders please post your firm only.

    I will enlighten so you won't sound so foolish in other posts. FDIC is for banks. No brokerage accounts are FDIC insured. Not even accounts at Goldman Sachs which I would categorize as legitimate.
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    Equity Day Traders please post your firm only.

    Obviously you have no idea what FDIC even is! If you did you would realize how ignorant your post is. “Never argue with an idiot. They will only bring you down to their level and beat you with experience.” ― George Carlin
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