Are there any honest, reliable prop firms out there?

I guess guys who used to preference into running stocks were a joke.
I guess guys who used to play spreads were a joke.
I guess getting short on overfills was a joke.
I guess every trading manuever that does not work from here to eternity is a 'joke'.
Would someone fill me in on the next joke, so I can be a rich joker?
 
When I was looking into Echo Trade they had very good rates and full payouts. I have heard others speak highly of Echo as well from those who trade with them. In answer to the original question, I think Echo is worth a look for 100% payout, low commissions (depends on what you negotiate) and good intraday margin.
 
LOL:D
LOL::D
LOL::D

Wow, I am killing myself laughing right now. Lets see, mmmm ??
If you CANT make any money with todays low ridiculous commissions like .0025 per share, what does that tell you ?? But my mistake ALL you rebate MONKEYS eating your bananas and apparently are driving bmw's and mercedes as well. Man this is funny. You give up OVER half of your profits and yet can still make all this money at Swift and live the millionaire lifestyle. Do you guys get brainwashed and perhaps propserpro has some sort of subliminal messages in it to make you all THINK that you work for some great company that not only is making you rich but is also "growing" at some phenomenal rate. I get it, lets open up 100's of offices in the third world and give our monkeys 10-20%. Lets make and brainwash our button pushers into thinking the ONLY way to make money is by doing over 400 trades a day. Why if Swift is growing so much and is making all you people rich, do they not have any offices in the U.S and have NO plans to open any ?? Hummmm, makes you wonder doesn't it. I guess it makes no business sense to open offices in the worlds economic superpower. And for all the people who love to say, well who cares as long as the money rolls in. I use to know a few girls that had the same philosophy turning tricks downtown. Why would anyone with a sensible IQ what to move millions of shares a day. Churn and burn. Churn and burn. Let's see, taking some numbers from the Trader P/L thread.

Trade 306,948 shares to net a $1000
That is a whopping 0.00325 per share. That wonderful, and you wonder why Swift is happy with you guys. Thats what I call churning some nice coin to open offices in Asia.

OR

Trade 8400 shares to make $404
Thats 0.048 per share. So I suppose both of these guys are "traders" but I would have to say that I would much rather have this ratio than the other.

Regardless, the Swift corporate culture has done a fantastic job brainwashing you all into thinking your actually trading. Whether or not the rebate game goes or stays, what would happen if you had to leave Swift and actually tried to trade for Gross Profits ??

Again, my point is simple. ANY monkey and I repeat ANY IDIOT could flip for rebates and push buttons like a video game. I am a TRADER and therefore, would rather inject myself with cyanide rather than rebate.
 
Quote from traderblue:

LOL:D
LOL::D
LOL::D

But my mistake ALL you rebate MONKEYS eating your bananas and apparently are driving bmw's and mercedes as well.

Again, my point is simple. ANY monkey and I repeat ANY IDIOT could flip for rebates and push buttons like a video game. I am a TRADER and therefore, would rather inject myself with cyanide rather than rebate.
More...

no no no no.....i would never eat a banana while driving my bmw you silly bastard....for one its a bit dangerous...and two...i paid some good money for that car and would be a little pissed if i got banana on it..........

and if you need help loading that syringe.........call me after 4...im to busy rebate trading so i can pay off my house in the hamptons....
 
Ok guys, let's remember that this isn't a thread about whether rebate traders are REAL traders, etc. etc. If that's a burning issue with you then please either start a new thread or dig up one of the many discussions on the subject. Thanks.
 
Everyone likes to bas Swift... I used to work there..and I agree the pay-out is a little low...However, I have heard a lot of stories of people having really bad experiences with remote prop shops...

With not getting paid ..no updated P&L ..and getting scammed in one way or another..

I remeber at Swift they were good with having updates and paying when they say they will...Not trying to promote Swift...but maybe a lower payout is better..if u dont have all the hastle of remote issues..

If you are a good trader...you can make good money with 35-50% pay-out... They both have their pro's and cons...it is all in what you think is more important..

Anyways....thats it!!!!
 
I've worked with Bright Trading for over 4 years now and have been quite satisfied.

Seems to be a fair bit of talk on "updated P&L" statements and "late cheques". Bright uses Goldman's Customer Access System which provides pretty good P&L information in a highly customizable format with information that's updated daily. Regarding cheques, I personally use wire transfers, and although they sometimes get 'lost', it's usually a GS or bank issue and is cleared up quickly.
 
ok can anyone hear name a firm that gives a decent payout and charges per TRADE rather than per share?

with my volume and default share size its a little to costly for me to pay per share...
 
since ISLD shaving is completely gone (as of January) I have followed with 2 record months (one after another), so it's not just about rebate trading I guess, is it? The reason why every descent (and I MEAN DESCENT!) trader that trades at Swift still trades there is for reasons that none of you BASHING APES will EVER understand, period! And that's my final post here...
 
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