Check this out:
http://www.directnettrading.com
up to 20x leverage with as little as $5000?
(I just got spammed by these gents)
Here are some details:
DirectNet Supplemental Trading Leverage Program
At DirectNet, we understand how critical intra-day and overnight account leverage can be to a successful trading business. So, in January of 2002, following implementation of new SEC rulings dictating that all "Pattern Day-trading" accounts must maintain a minimum balance of $25k in order to access 4-to-1 intra-day buying power, we set out to develop a network of private financing firms to provide supplemental trading capital to qualified active traders.
This has evolved into the DirectNet Private Capital Network, and today, serves as a source of trading capital for individual active traders and emerging hedge fund clients around the globe.
How our Leverage Program Works
To provide clients with supplemental trading leverage, our firm works in coordination with a diverse network of NASD-registered online and direct access broker-dealers across the United States. Our affiliate private capital firms maintain Master trading accounts with each of these network broker-dealers, which are then allocated sub-accounts through the master account number and linked up to a comprehensive backend risk management program, thus enabling both the broker-dealer and capital firm representatives to monitor all master and sub-account trading activity.
When a client comes to our firm in search of supplemental capital, we first require that the client review an SEC Risk Disclosure, and complete a risk profile, detailing core trading strategies and risk management techniques.
Once a client is ready to open a new account, an initial minimum deposit of $5,000 is made to our leverage affiliate, which is then transferred to one of the sub-accounts with the selected broker-dealer. Following completion of the account setup process, the appropriate trading firm representatives are given instructions to allocate the agreed upon trading leverage, which in the case of our Select Trading Programs is 10-to-1 intra-day and 4-to-1 overnight buying power.
In actuality, the broker is not assigning 10 times leverage to the account, but rather is using a portion of the buying power available in the master account of the capital firm. By setting up the leveraging network in this manner, no capital other than the clients' exists in the sub-account, making the cash activity and trading history much easier to manage for all parties involved.
This dynamic leveraging process enables both licensed and non-licensed clients to take advantage of the benefits offered by today's direct access trading systems and intra-day trading strategies...
http://www.directnettrading.com/selectaccounts-accountleverage.htm
http://www.directnettrading.com
up to 20x leverage with as little as $5000?
(I just got spammed by these gents)
Here are some details:
DirectNet Supplemental Trading Leverage Program
At DirectNet, we understand how critical intra-day and overnight account leverage can be to a successful trading business. So, in January of 2002, following implementation of new SEC rulings dictating that all "Pattern Day-trading" accounts must maintain a minimum balance of $25k in order to access 4-to-1 intra-day buying power, we set out to develop a network of private financing firms to provide supplemental trading capital to qualified active traders.
This has evolved into the DirectNet Private Capital Network, and today, serves as a source of trading capital for individual active traders and emerging hedge fund clients around the globe.
How our Leverage Program Works
To provide clients with supplemental trading leverage, our firm works in coordination with a diverse network of NASD-registered online and direct access broker-dealers across the United States. Our affiliate private capital firms maintain Master trading accounts with each of these network broker-dealers, which are then allocated sub-accounts through the master account number and linked up to a comprehensive backend risk management program, thus enabling both the broker-dealer and capital firm representatives to monitor all master and sub-account trading activity.
When a client comes to our firm in search of supplemental capital, we first require that the client review an SEC Risk Disclosure, and complete a risk profile, detailing core trading strategies and risk management techniques.
Once a client is ready to open a new account, an initial minimum deposit of $5,000 is made to our leverage affiliate, which is then transferred to one of the sub-accounts with the selected broker-dealer. Following completion of the account setup process, the appropriate trading firm representatives are given instructions to allocate the agreed upon trading leverage, which in the case of our Select Trading Programs is 10-to-1 intra-day and 4-to-1 overnight buying power.
In actuality, the broker is not assigning 10 times leverage to the account, but rather is using a portion of the buying power available in the master account of the capital firm. By setting up the leveraging network in this manner, no capital other than the clients' exists in the sub-account, making the cash activity and trading history much easier to manage for all parties involved.
This dynamic leveraging process enables both licensed and non-licensed clients to take advantage of the benefits offered by today's direct access trading systems and intra-day trading strategies...
http://www.directnettrading.com/selectaccounts-accountleverage.htm