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.
Series 7 Certification
- Thread starter Alley
- Start date
Any legit, daytrade prop firms like Bright and Echo offer all that you ask; but you "usually" need to have at least $5000.00-$10,000.00 as security deposit to trade their capital once you're done with training/mentoring.
oh, and by the way, most times, their training is NOT free. Its a few hundred to a few thousand bucks from what I hear. Plus depending on what city you live in, you might have to travel to take their training courses(think training/travel/hotel expenses). it all adds up..so be prepared to dish out a good 2-4k approx for that.
Good Luck...............
oh, and by the way, most times, their training is NOT free. Its a few hundred to a few thousand bucks from what I hear. Plus depending on what city you live in, you might have to travel to take their training courses(think training/travel/hotel expenses). it all adds up..so be prepared to dish out a good 2-4k approx for that.
Good Luck...............
Quote from Alley:
Thanks for the reply. What's their website??
Bright website: http://www.stocktrading.com/
Assent website: http://www.assent.com/index.php
The easiest way to get series 7 licensed is to find a 100% commission firm like Wadell and Reed or Raymond James. Maybe even Ameriprise. Since many of them don't guarantee a base salary, they'll sponsor you. You'll likely have to cover all your test fees though and licensing costs. Could end up running around $300 for the test, $300 for the study materials, $200-$300 for additional costs, for a total of around $800-$1,000.
Maverick Trading. After a while if, you show promise you can trade firms capital ( 70/30 or 80/20 split). You have to start with your own capital and just with all others there is a fee for training( they are not a charity), they do sponsor for series 7. No, I do not trade with them, I sat in on one of their webinars.