Hi. I wanted to know if anyone is currently trading with questrade prop and post their experiences. I was considering opening an account with them. Any red flags?
The package they offer is
0.00125 per share,
80% payout
$3000 minimum account.
$3 per symbol per day for data.
$210 for software fees.
Payout is available on demand
Intraday losses of 5% of equity will make contact with the head trader to determine standing and a leverage decrease. Losses of 10% of equity will bring a lockout for the rest of trading for that day.
Leverage at 1:10
Because this prop is associated with questrade, a reputable broker, I could assume they are not an outright scam. Anyone with any info please comment.
Thanks.
The package they offer is
0.00125 per share,
80% payout
$3000 minimum account.
$3 per symbol per day for data.
$210 for software fees.
Payout is available on demand
Intraday losses of 5% of equity will make contact with the head trader to determine standing and a leverage decrease. Losses of 10% of equity will bring a lockout for the rest of trading for that day.
Leverage at 1:10
Because this prop is associated with questrade, a reputable broker, I could assume they are not an outright scam. Anyone with any info please comment.
Thanks.
