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I might be a bit biased, but I totally disagree about new being better than old. Any company is going to learn with time. Although there may have been some issues with Hold in the past, it's a process and you improve. I think Graybox is the best platform on which I've traded; and, I've traded...

It would appear as though there's some bizarre language gap. Once again, just because a firm doesn't enforce something doesnt mean it's right or that there is an exception. The SEC is apparently attempting to eliminate deposits accross the board (except where retail accounts are concerned)...

that was pretty funny....I did come accross as quite the prude in that last post. where/what do you trade blunt?

This would be a very dead subject if not for the replies. The fact of the matter is that the post was still displayed making it misleading. As a "shill" for Hold, I wanted to rebut the mis-information. It would be the same if something was posted in regard to any other firm that continued to...

Yes, I am aware, but Hold has been in the prop biz for 12 years making it the oldest firm in the US....doh....

I'm not certain where etrader is getting his information, but Hold Brothers does have prop operations in NY, NJ, Chicago and San Francisco.

FA work doesn't translate well to the trading world. The reality of the matter is that FAs like to think of themselves as traders; however, that's far from true. In fact, most FAs are little more than salesmen. If you catch on with the right firm (Merrill Lynch, Edward Jones and Ameriprise...

With regard to certain firms choosing not to hold deposits for the one year period, let me add that just because a firm doesn't impliment something doesn't mean it doesn't apply. SDV, LLC lets anyone trade at their office without registering their traders. This is a clear violation. The fact...

Is there anywhere reputable where you can trade that doesn't require some type of deposit.

Per the Securities and Exchange Commission it is mandatory that prop firms hold back funds for a period of one year.

ECHOtrade has had a few compliance issues as of recent. However, I think they are alright in general. SDV is a total sham outfit.

SDV is a fly by night operation. The commissions are ridiculously high. They don't register any NASD licenses (which should tell you somthing). I'd guess they'll be out of business in a year.

SDV, LLC is pretty much a sham operation. They aren't properly set up, and probably have a host of compliance issues. They aren't a proprietary trading firm by any means. They set up retail accounts that they call "hybrid proprietary trading accounts". Avoid these guys.