F FXTraderWill Aug 12, 2007 #41 Quote from goldenarm: What prop firm will give a newbie $1M-$3M in buying power? He'll be lucky to get $150K. The bigger leverage only goes to experienced, profitable traders with a large bankroll to begin with. More... I get $250,000 right now and I can get more by asking, without any capital down. My account balance can even go negative. ---- Of course, I pay huge commissions because of this.
Quote from goldenarm: What prop firm will give a newbie $1M-$3M in buying power? He'll be lucky to get $150K. The bigger leverage only goes to experienced, profitable traders with a large bankroll to begin with. More... I get $250,000 right now and I can get more by asking, without any capital down. My account balance can even go negative. ---- Of course, I pay huge commissions because of this.
D Don Bright Aug 13, 2007 #42 Quote from reid5525: What if the company makes a violation, would the trader, being a member of the company be also liable, and could forfeit all or some of his deposit? More... Not in our case, I can't comment on what other firms would do... quite unlikely by any broker/dealer IMO. Don
Quote from reid5525: What if the company makes a violation, would the trader, being a member of the company be also liable, and could forfeit all or some of his deposit? More... Not in our case, I can't comment on what other firms would do... quite unlikely by any broker/dealer IMO. Don
