A Lockup Of Your Capital At Prop Firms?

Quote from WinItAll:

Don..... I thought that you guys have a 25K minimum, how is that not using the traders deposit?

Can a trader deposit an amount less than that?

Traders capital is kept separate from our trading capital, thus they can withdraw with a 30 day notice. Some traders, with some basic qualifications, can start with $15K or so... our biggest attraction is from the "PDT" type traders who are stuck putting up $25K but still have nowhere near enough capital to trade with (IMO)...it takes a $mil or more just to do opening only trades properly, and sometimes up to 30 to one overnight to effectively trade pairs and megers etc.

All the best to everyone...enjoy the long weekend...

Don
 
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