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A follow up to that, I literally traded with the "simulator" for 2 days, and was told I could go live right away.

In the interest of anyone who is looking for information about SFG trading, I have decided to start this thread to summarize my experience with them - and provide a thread title that would show up in online searches so that those researching can find this. I had started another thread - but I...

Yes - i found there was no enforcement of the 25 trades per day or hold times of positions. The frustrating thing was that you could not trade more than 100 shares on any stock. This doesn't make a lot of sense to me since you cannot adjust a position size properly given Average True Range etc...

Not sure. I don't know much about that stuff - but certainly while I trade they have their parameters set tightly on me. If Stop loss goes over a certain amount - i get a notification I am only allowed to close a position and can no longer trade once closed out. Same if too large a size is taken...

I know what you mean about the 100 shares - they claim you have 25K buying power - but that has not been the case so far - really stinks for any type of entry or exit scaling techniques or adding to winners.

That's right - there's some commodity ETFs, SPY, and some of the big names for various sectors, Pharma, Airlines, Tech etc. Problem is my strategies are very contingent on finding the right stocks, with right conditions & catalysts, and they are not often on the list.

haha- well I titled the thread that way to try to get people to read it. I have been finding the 25 trades has not actually been enforced as mandatory - sometimes i only take 2 or 3 trades/day - no one has bothered me about it so far. But yah its pretty easy to get stopped out for the day even...

Its per day. If you build equity they give you a wider stop.

I have spent many hours scrolling through historical EURUSD candlestick data - literally would just set time aside everyday to stare at it - observe the movement and see what kind of instincts I could develop by just looking at 5 min candlesticks of this very technical pair. Was doing this...

Yeah - its completely strange. I have been trading their "live account." No market orders of any kind to enter - whether you overlap the bid/ask, or set up a sweep key, all liquidity removing orders are rejected. However market orders are allowed on exits only. Further to that you get a basket...

You are right about the phone # - my mistake.

I saw on another forum someone figured SFG Trading was one and the same company as WTS since they have similar addresses and appear located very closely in Montreal - although someone mentioned they could not find the physical address for SFG there. I have started trading with SFG but I am...

That is a concern: not allowed to operate in a "competing" business for 2 years after being with them. I presume that would mean I could not trade prop with anyone else if I sign.

They give conditions where your trades will be flattened by risk managment if you are in violation of risk rules. Also just noticed their head office is in Dubai - but they have offices here in Canada.

It is hard to find out much about this firm - there is a thread on this forum, but vague at best. As far as I can tell, they are an HFT and thus they keep a low profile. Unfortunately, im not interested or qualified to work at a bank. I am a day trader - that's it. Just a little...

Well I assume I would just be paying that up front on the month, but there is no risk deposit beyond that. It is true that the worst I stand to lose would be the $149 (or some more if I pay for my own level 2 data). There a is full contract to sign including noncompetition clause etc.- but yeah...

Recently applied at a prop firm here in Canada called SFG Trading for remote trading. They told me their risk managers had assessed my application, and said I would be welcome to join their Trader Trial Program. These guys do not require a deposit of any risk capital, just a data fee of...