Looking for a Prop. Firm, What Kind of Deal Can I Expect?

A

Arjun1

Right now I trade futures retail (5 years experience). I avoid trading equities retail do to limited leverage, the wash sale rule, higher commissions, and tax reasons (avoiding a 500 page 1040 schedule D with 10 million+ in reported sales to the IRS).

I want to get back into equities trading at a prop. firm again. The 3 prop firms I joined in the past all shut down. So now I want to try a CBSX registered firm.

What are the typical deals that most firms offer right now?

Capital Contribution?
Payout %?
Commission rate?
Leverage?
K-1 (partner) or 1099 (contractor)?

I'm in the NYC area.

Thanks.
 
Arjun - Just curious , why would someone switch from futures to equity when they are doing good with futures?

sorry about off topic post
thanks
 
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