Any real prop firms out there to get funded?

F

franco12364

Are there any real prop firms that don't make you pay like TST to get funded? I have been consistently pulling in .2% - .4% per day in Forex, but I need more capital to make it worth more while. At this rate I can achieve 40% - 80% return per year.

I want to find a real prop trading firm out there that would be willing to invest in me as I would be willing to invest my time with them, not these scam sites where you pay a monthly fee to MAYBE get funded. That is such a conflict of interest in my eyes, why would they ever fund me if they are already making money?

Obviously I know it will be way more difficult to get hired by a real prop trading firm, and I'll need a great track record, but it is something that I actually value in pursuing, not all these "pay me and maybe ill fund you" scam sites...

Any help appreciated!
 
If you want to do "real prop" then you better have real skills. Forex trading is actually a very professional market because it's so leveraged.

How much money do you have? You may be able to just trade FX futures on CME using SPAN.
I doubt you even know what SPAN is though.

Prop traders are pro traders, so you better have some real skills and a quantifiable edge. Especially if you are marketing yourself to firms based on your skills trading FX.
 
franco12364 said:
Are there any real prop firms that don't make you pay like TST to get funded? I have been consistently pulling in .2% - .4% per day in Forex, but I need more capital to make it worth more while. At this rate I can achieve 40% - 80% return per year.

I want to find a real prop trading firm out there that would be willing to invest in me as I would be willing to invest my time with them, not these scam sites where you pay a monthly fee to MAYBE get funded. That is such a conflict of interest in my eyes, why would they ever fund me if they are already making money?

Obviously I know it will be way more difficult to get hired by a real prop trading firm, and I'll need a great track record, but it is something that I actually value in pursuing, not all these "pay me and maybe ill fund you" scam sites...

Any help appreciated!
More...
Real money was very polite in his response. Guys like you are a dime a dozen. Your post offers no reason why anybody should take a chance on you. In addition your post reeks of negativity.
 
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franco12364 said:
Are there any real prop firms that don't make you pay like TST to get funded? I have been consistently pulling in .2% - .4% per day in Forex, but I need more capital to make it worth more while. At this rate I can achieve 40% - 80% return per year.

I want to find a real prop trading firm out there that would be willing to invest in me as I would be willing to invest my time with them, not these scam sites where you pay a monthly fee to MAYBE get funded. That is such a conflict of interest in my eyes, why would they ever fund me if they are already making money?

Obviously I know it will be way more difficult to get hired by a real prop trading firm, and I'll need a great track record, but it is something that I actually value in pursuing, not all these "pay me and maybe ill fund you" scam sites...

Any help appreciated!
More...

What does exactly mean "I have been consistently pulling" ?

If consistently means you have a track record of 1y, or at least 6 months, and it's real (so you are not "demo baller"), then the only thing you need is to run google, put some phrases, write some email, that's all. Have you done that already or first thing you did was to ask here ?
 
zdreg said:
Real money was very polite in his response. Guys like you are a dime a dozen. Your post offers no reason why anybody should take a chance on you. In addition your post reeks of negativity.
More...
Who said my post offers a reason for anyone to take my chance on me? It's just a post asking for real prop trading firms names. I have my track record, that's what I'm going to show them. I just don't want to waste my times in the scam websites. Your post is all negativity...
 
MichalTr said:
What does exactly mean "I have been consistently pulling" ?

If consistently means you have a track record of 1y, or at least 6 months, and it's real (so you are not "demo baller"), then the only thing you need is to run google, put some phrases, write some email, that's all. Have you done that already or first thing you did was to ask here ?
More...
"pulling" means earning. I do have a track record. I've been trading for three and a half years. I search google and the results are all these these websites like TopStepTrader. Why? Because I figure real prop trading firms don't spend all their time advertising themselves trying to lure newbies to pay their fees. That's why I come here for help. Pretty negative of you to just assume I am a demo baller.
 
Real Money said:
If you want to do "real prop" then you better have real skills. Forex trading is actually a very professional market because it's so leveraged.

How much money do you have? You may be able to just trade FX futures on CME using SPAN.
I doubt you even know what SPAN is though.

Prop traders are pro traders, so you better have some real skills and a quantifiable edge. Especially if you are marketing yourself to firms based on your skills trading FX.
More...
I do not know what SPAN is as I don't trade futures but I will look it up. FOREX just suits my trading style better as I can vary lot size more, as opposed to a fixed contract size. This is the only reply that didn't attack me. thank you
 
franco12364 said:
I do not know what SPAN is as I don't trade futures but I will look it up. FOREX just suits my trading style better as I can vary lot size more, as opposed to a fixed contract size. This is the only reply that didn't attack me. thank you
More...
Hi. I'm no expert on FX. I'm a microstructure guy that's into rates and indexes.

The thing is, FX is so leveraged, that AFAIK, it's all banks, at least in the US. I don't think there are many prop firms that trade FX. It's because so many of the products are OTC. It's a hard job to get.

If it's a prop firm like in Chicago, then they might do FX with futures, but I think those guys are doing other markets.

If you just want more leverage because you are underfunded, there are other ways to get it.
You can lever interest rates and indexes, and they have much more volatility than FX pairs. Check out micro contracts.

My trading platform is showing 2.1k margin to trade EUR with 71,000 USD exposure. You could just fund yourself. But, you would need something like 20k USD.

An example of using SPAN would be like buying a EUR future and selling a GBP future. That spread would give you exposure to the EUR/GBP currency cross.

My trading platform is showing 3.4k margin to trade EUR/GBP with 150k gross exposure. That's not that bad. It's something like 30:1 with CME to leverage FX exposure.
 
franco12364 said:
"pulling" means earning. I do have a track record. I've been trading for three and a half years. I search google and the results are all these these websites like TopStepTrader. Why? Because I figure real prop trading firms don't spend all their time advertising themselves trying to lure newbies to pay their fees. That's why I come here for help. Pretty negative of you to just assume I am a demo baller.
More...

I know the meaning of word "pulling", I was asking about lenght of that "consistently".
I didn't asume anything, I asked you. You would be surpsrised how many ppl here asked that quesion (same question as yours), beacause they have sim results, and want someone's money.

Why don't you just contact T3 ? If you are good they should find some solution for you.

And option number 2, I know you don't like that, but if you are indeed robust, why not go with FTMO ? (it is something like TST etc. but they have good capital, up to 100k and totally up to 300k, with good leverage 1:100, you can hold overnight if you want, there is no "trailing drawdown" or anything like that, just total one 10% or 20%, and it's for Forex and CFD guys, you can choose LMAX, so you don't bet against broker, should be nice for you)
 
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Real Money said:
Hi. I'm no expert on FX. I'm a microstructure guy that's into rates and indexes.

The thing is, FX is so leveraged, that AFAIK, it's all banks, at least in the US. I don't think there are many prop firms that trade FX. It's because so many of the products are OTC. It's a hard job to get.

If it's a prop firm like in Chicago, then they might do FX with futures, but I think those guys are doing other markets.

If you just want more leverage because you are underfunded, there are other ways to get it.
You can lever interest rates and indexes, and they have much more volatility than FX pairs. Check out micro contracts.

My trading platform is showing 2.1k margin to trade EUR with 71,000 USD exposure. You could just fund yourself. But, you would need something like 20k USD.

An example of using SPAN would be like buying a EUR future and selling a GBP future. That spread would give you exposure to the EUR/GBP currency cross.

My trading platform is showing 3.4k margin to trade EUR/GBP with 150k gross exposure. That's not that bad. It's something like 30:1 with CME to leverage FX exposure.
More...
"My trading platform is showing 3.4k margin to trade EUR/GBP with 150k gross exposure. That's not that bad. It's something like 30:1 with CME to leverage FX exposure."
that is a good idea leverage + exchange traded... but how do you execute the spread? as a single trade , does the exchange have a separate book for it or the spread is recognized only for margin purposes? without legging risk? specially using IB TWS instead of TT or CQG with Autospreader
 
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