Best Place for Large Deposits

Quote from opt789:

^What he said.
Give Bright and Echo a call and tell them exactly what you plan on doing and they will let you know what you be allowed to carry. Pay special attention to any interest charges (short, long, haircut, etc.) because those add up huge if you are holding size spread trades.

Thanks to you and lescor...will do. Didnt really want to go the licensing route, but it seems that may be the only way to go to get a solid firm. I'm not too concerned with interest charges, as I just trade intra-day.
 
Quote from justin_3d:

I hear you men! And that is the best way to go!

If you want a firm that offers good leverage, then you should try Star Alliance Capital One!

They offer 20 to 1 leverage for day trading, and 4 to 1 for overnight trading!

That firm has a lot of "whales" that swing big account!

The boss of Star Alliance swings a multi-million account. He's name is Ellie and is a very cool guy!
But this guy is insane when it comes to trading! I remember, one day he made $1 million on the spy! It was that day where market drop for 6 days in a role. On the seventh he bought as much as he could when market came to 8,000 and then that took of like a rocket!
What a day!

Anyways, if you want to swing a big account, then Star Alliance Capital One is a very good place!

Hope this help, and if you want more info, just PM!

Well...as convincing as this sounds.....LOL :D :D
 
Quote from rt5909:

Well...as convincing as this sounds.....LOL :D :D

???

Well if you think I am just wasting your time, just call the firm and talk to Ellie! Let him show you his records, and those of the people in the firm!

Anyways just trying to help! I am sure there are better out there, but this is the best i know of!

Good luck
 
Quote from lescor:

I'd check out Echotrade and Bright Trading. I am at Echo and have had a 6 figure account there for years with no issues, solid firm.

Both are down with leverage on spreads like you are looking for.

Ditto on Echo. Have had a 6 figure account there for 5 years. Phenomenal leverage, never any issues. PM me for off-board info.
 
Quote from opt789:

^What he said.
Give Bright and Echo a call and tell them exactly what you plan on doing and they will let you know what you be allowed to carry. Pay special attention to any interest charges (short, long, haircut, etc.) because those add up huge if you are holding size spread trades.

We, of course, have traders holding over a $million in their accounts. The more you hold the lower all the costs related to holding positions are. And, for smaller guys, you can get 6 times equity overnight with no haircut...at 10 times it is less than 1/2 of one percent per year.

We have a well established pairs and mergers network that interacts well, along with a "no downside" optional account for fully automated pairs trading too. We call that the "JVC" or "Joint Venture Club" - this is available for traders who have been with us for 90 days and show some dedication to their own trading. A way to supplement their normal trading income...I'll have more details on this soon.

FWIW,

Don
 
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