You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
Do you think it's legal?
- Thread starter BigBang
- Start date
By the way, Can you guys recommend any prop firms good for beginners? Anything more than 0.0045 per share is probably too much unless you're getting an all-in rate which includes ECN fees.
1- It is the rule. What firm does he work at?
2- What is the name of the firm that you got that offer? I am very curious to know!
2- What is the name of the firm that you got that offer? I am very curious to know!
Quote from BigBang:
My friend worked for a Prop firm in Wall Str for 4 months, then he wanted to quit. But the firm wouldn't give him his account balance, because they said that it's CBOE rule that the risk capital contributed should be kept for one year. Is this a scam or common? Can anyone answer this question?
Wow!! $15 per 1000 shares??? I pay less than 1/3 of that with JC Trading Group and I don't even trade size.
Yes, CBSX firms have a 1 year lock up. They should tell you that during your first conversation.
Yes, CBSX firms have a 1 year lock up. They should tell you that during your first conversation.
Quote from BigBang:
But the guy in the company said it's the lowest commission (1.5/ 100 shares) everyone uses that.
And he said if I contribute more, I get more profit split. I can get 95% profit split if contribute 10K.
$15 per 1k is not normal. Even $5 per 1k is on the higher side. You, my friend, are overpaying