Equity Day Traders please post your firm only.

Crispy

Crispy

Please post your firm.

I am looking to join a deposit prop firm. I really dont want opinions, rates, feedback...etc. Just need a list of names to start my due dili process. Yeah, ive tried search engines already. They kind of stink for this type of search. You get a lot of fluff to delve through before an actual name pops up.

Thanks!
 
Most prop firms that require a deposit are just shady firms in Belize or something. Have a successful track record and apply to legitimate prop firms. If you don't have a track record, you shouldn't be trading with 100x leverage anyways.
 
pleckerchris said:
Most prop firms that require a deposit are just shady firms in Belize or something. Have a successful track record and apply to legitimate prop firms. If you don't have a track record, you shouldn't be trading with 100x leverage anyways.
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Chris,

You are new to ET so I'll cut you some slack.

There are no "legitimate prop firms" that don't require a deposit that 99.99999999999% of the posters on ET can apply for, let alone get hired. The topic has been covered to death here.

There are many very legitimate prop firms that do require a deposit. JC Trading Group, Bright Trading, Chimera have all been around a lot longer than you and I have been trading.
 
swimtrader said:
Chris,

You are new to ET so I'll cut you some slack.

There are no "legitimate prop firms" that don't require a deposit that 99.99999999999% of the posters on ET can apply for, let alone get hired. The topic has been covered to death here.

There are many very legitimate prop firms that do require a deposit. JC Trading Group, Bright Trading, Chimera have all been around a lot longer than you and I have been trading.
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I can't find anything on these firm's websites saying my money is FDIC insured. I don't care what anybody on this forum thinks of them, no offense.
 
pleckerchris said:
I can't find anything on these firm's websites saying my money is FDIC insured. I don't care what anybody on this forum thinks of them, no offense.
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Obviously you have no idea what FDIC even is! If you did you would realize how ignorant your post is.

“Never argue with an idiot. They will only bring you down to their level and beat you with experience.”
― George Carlin
 
pleckerchris said:
This is exactly why this forum is garbage
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I will enlighten so you won't sound so foolish in other posts. FDIC is for banks. No brokerage accounts are FDIC insured. Not even accounts at Goldman Sachs which I would categorize as legitimate.
 
swimtrader said:
I will enlighten so you won't sound so foolish in other posts. FDIC is for banks. No brokerage accounts are FDIC insured. Not even accounts at Goldman Sachs which I would categorize as legitimate.
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Of course the actual stock or bond you are buying cannot be FDIC insured, nor any other investment. But the deposit and balance in your account can and should be FDIC insured. My TD Ameritrade cash and margin accounts are FDIC insured. Most legitimate brokerage accounts are FDIC insured. Any account that you deposit money into should be FDIC insured. Ameritrade is FDIC insured, E-Trade, Charles Shwab, etc. If you are putting money in a deposit to play prop firm, you should make sure they are FDIC insured to protect your despot, because they disappear as fast as they are made up. I've personally lost $5K to a prop firm that shut down and was not FDIC insured. If they've been around for years like you say, then that may not be an issue, but it's still a worth the extra assurance that your deposit is safe.
 
pleckerchris said:
Most prop firms that require a deposit are just shady firms in Belize or something. Have a successful track record and apply to legitimate prop firms. If you don't have a track record, you shouldn't be trading with 100x leverage anyways.
More...


Thanks for the opinion. But, its truly off topic.
 
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