Any Prop Firms that accept CNY?

[Carl77]

Hi All, Im a trader from China mainland. Im looking for the prop firms that accept funding in CNY. I used to trade with one firm that accepted CNY and offered fair comiss. Though Im looking for another provider with better execution quality.
Could someone recommend?

 

[zdreg]

Why not convert from CNY?

 

[ZBZB]

Why don’t you use Tiger? https://www.itiger.com/?lang=en_US partially owned by IB and uses their network.

IB has excellent execution quality.

 

[ZBZB]

Why not convert from CNY?

Chinese citizens can only transfer out $50,000 a year.

 

[zdreg]

Chinese citizens can only transfer out $50,000 a year.

Where there is a will there's a way. Mainland Chinese are buying property all over the world.

 

[ZBZB]

Where there is a will there's a way. Mainland Chinese are buying property all over the world.

Maybe they use mortgages.

 

[zdreg]

Maybe they use mortgages.

Where is the down payment going to come from. how are they going to pay interest on the mortgage under your scenario?

 

[traider]

BTC was invented for this

 

[Carl77]

Why not convert from CNY?

Usd is limited in China. That is not the only reason actually. That would be more comfortable for me to fund deposit and refund profits in CNY nowdays.

 

[ZBZB]

Usd is limited in China. That is not the only reason actually. That would be more comfortable for me to fund deposit and refund profits in CNY nowdays.

Is tiger a usd broker for Chinese citizens or is it a way for CNY holders to use margin In USD to buy US stocks?