MoneyTec 2.0 - Online Forex Traders & Brokers Social Networking Community » Trading Talk » Career Trader

[ShawnS]

Hi,
I am having a tough time finding very many forex prop firms in the US. There seems to be a lot more in Europe than over here.

A couple that I have found are Forex Trading USA and Global FX. Has anyone traded for these firms, and if so how are their programs?

I also heard that FXCM lets traders trade their capital, but not sure if this is true.

Are there any other forex firms in the US? Thanks in advance for any responses.

[buzby]

try fxsolutions. i have been trading with them for the past couple of months. Have had no problems and if you fund your account by credit card, it takes approx 5 min to show. I have had no hassels and I am very happy with them.

[hanzahar]

do you know the difference between prop shop and broker?

[PShep81]

Global FX is similar to the hundreds of daytrading firms for stocks..they will ask you to put up capital, and they will match it. Essentially, they take no risk, and just offer you leverage. Once YOUR capital runs out, they will ask you to put up more, and their own capital is never at risk. There are very few true FX prop firms out there, if any..

[hyiperz]

Originally Posted by ShawnS

Hi,
I am having a tough time finding very many forex prop firms in the US. There seems to be a lot more in Europe than over here.

A couple that I have found are Forex Trading USA and Global FX. Has anyone traded for these firms, and if so how are their programs?

I also heard that FXCM lets traders trade their capital, but not sure if this is true.

Are there any other forex firms in the US? Thanks in advance for any responses.

how about interactive brokers?

[raytt]

any prop shops in nyc?

[sophie87]

i've been with fxcm..quite good..

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