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Thanks Jeff....Looks like a good read.

A fool and his money......

Total scam, Stay away. You are not trading for a hedge fund. If you believe that you are then you are the exact type of person they prey on.....stupid. Ask them where the hedge fund is registered...with the state or SEC? Ask to see disclosure documents. Ask how much is in their fund...

Ouch!

Nevis Trading has been around a loooooong time and no one has accused them of taking a dime. They have also been a sponsor here as long as I can remember. They have a Canadian number but are in Nevis (hence the name).

Nevis Trading has the best reputation of any of the international groups. They have also been around the longest and are a long time sponsor of Elitetrader.

$3,000 is $2975 too much considering he ran a Groupon last year for the same useless material for $25!!!! http://www.groupon.com/deals/bulls-on-wall-street-ocala

Your best bet is Nevis Trading.

Alpha7 is not a trading firm (although many people are obviously confused to thinking they are). According to their own website you are not guaranteed to trade a share of stock after you give them your $3,000. Also keep in mind that after you give them $3,000 it is gone. From their...

Alpha 7 is not a trading firm. They are an educational firm. You do not trade through them. You pay them $3,000 and take their education and then maybe they will let you trade. Look on their website. It says very clearly that after you pay them money you never get it back and there is no...

Broad Street shut down last year. Lake Street, Broad Street, IB Worldwide, TMG were all related.

Evo, We are on the same page. Yes, please look at this thread on Lake Street and who is the one that warned everyone they would be shut down? ME! Who said to call a registered BD....ME!!! http://www.elitetrader.com/vb/showthread.php?s=&threadid=262478&highlight=lake+street I can not...

Evo, Stop posting this!! It simply isn't true. Please post a link that shows it is illegal for someone to have an account at an offshore firm. Is it illegal to have a Swiss bank account? Please don't keep saying things about SEC regulations that you cannot back up. Here is a link with...

This is the best post in this thread! Just take the 56 and you won't have to worry who is exempt and who must register.

Evo, Until you post a link from the SEC website (like I did) defending your opinion I don't think anyone should believe your opinion. There are rules about who must register. There are rules about who is exempt from registration. These firms are relying on the specific rules about foreign...

Evo, We are obviously on the same side about trading with offshore firms, but you are wrong on this. A broker by definition collects commissions! The SEC specifically list criteria which brokers (and dealers) might be exempt from registering ( I posted the link from the SEC website in...

Evo, You are mostly right but a lot of the issues are in the grey area. Just because the firm trades US stocks does not mean theyhave to register in the US. Title Trade, Swift Trade, etc are not registered. They rely on the exemption below. I have no knowledge if Nonko qualifies for...

Use the search function. This has been discussed about 100 times. The answer is that for 99% of the people the answer is "No".

There are NO shops that will give you $10m with no money up! Keep looking, you won't find it. The topic has been beaten to death here. Why are you reluctant to put money up? Don't you have confidence in your trading?

Actually the SEC has been very active shutting these down!!! In fact, they just shut down 2 more in the last month or so: Lake St Trading and BSI.