Bright Trading? any experience?

moka2

Established member
529 14
HI
Anybody with any experience with Bright Trading?
Specializes in Pairs trading it seems!
Leverage on stock 30x! ( Pairs trading) but first risk is your own capital 50k
No SIPC coverage for your funds
Training quality?
Anybody had any good or bad experience?

Is this a norm with such Prop firms
 

jamezz34

Active member
104 2
They are a registered US Broker Dealer, they will only accept US residents...what's more you would have to complete a Series 7 or Series 55 exam even if you were, they would probably train you though

This is the problem if you want to trade US equities with member's rates but you don't live there
 

moka2

Established member
529 14
They are a registered US Broker Dealer, they will only accept US residents...what's more you would have to complete a Series 7 or Series 55 exam even if you were, they would probably train you though

This is the problem if you want to trade US equities with member's rates but you don't live there

Not being in USA is not a problem for them ( I checked)
My question is quality of training provided in pair trading which they seem to be a spealist
 

moka2

Established member
529 14
They are ok, not quite Schonfeld

T3 trading and smb capital are a few others

Both does not matter ( as i said I already checked with them)
Series 7 is a must though correct
SO do you have any first hand experience with them?
 
 
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