Best Prop Firms in NYC?

T

tradethat

I'm a newbie here, so I'm sure this question has been answered on this forum before.

I'm looking to make a move into prop trading. I've just begun to do my research on the various day trading/prop trading firms in NYC, and found that each one has different commisions, fees, training programs, leverage, etc.

I know there are probaly lots of people on these boards who have either worked or are currently working at one of these firms, who can chime in and tell me some the pros and cons of each of them.

So far in my research I have learned about Lynx, Hold Brothers, Echotrade and Nexis Capital. I know there are many many more out there offering different deals. I would love to hear what everyones experiences have been like.
Thanks.
 
Started out at echo. Good place to get your feet wet and learn. Now trading at another firm which does not offer trainning. Good luck.
 
Rather not comment on that (don't really like to post my opinion since it could be different for everyone). As stated previously, I am very happy to get what I did at echo and it's a great place for someone that needs to get started. They are very ligit as everyone will tell you. I am very happy at the current firm I am at and would share it with you but they don't have trainning.
 
there are tons of prop shops, and each one will give you a different deal. in the past, some will claim 20% of your winnings as their cut, and 0% of your losses. my current firm pays out 100%, after market data and commissions.
 
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