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  • #21,041
  • Sep 7, 2023 11:41am Sep 7, 2023 11:41am
Quoting pipmaster77
Anyone in a jurisdiction who can open a corporate account with ICMarkets, Tickmill, Pepperstone...........I'll fund it and trade it, you keep 20%. I'll begin interviews this coming week.
https://www.financemagnates.com/fore...-prop-trading/
  • #21,042
  • Sep 7, 2023 11:42am Sep 7, 2023 11:42am
Quoting pipmaster77
Anyone in a jurisdiction who can open a corporate account with ICMarkets, Tickmill, Pepperstone...........I'll fund it and trade it, you keep 20%. I'll begin interviews this coming week.
Open an offshore company
  • #21,043
  • Sep 7, 2023 11:48am Sep 7, 2023 11:48am
Quoting DeltaCapital
{quote} Open an offshore company
They might not open accounts if the UBO is a US citizen.
  • #21,044
  • Sep 7, 2023 11:48am Sep 7, 2023 11:48am
Quoting DeltaCapital
{quote} Open an offshore company
Not that simple. You need proof of residency....utlity bills, bank statement, etc....normal KYC stuff.
  • #21,045
  • Sep 7, 2023 11:51am Sep 7, 2023 11:51am
Quoting pipmaster77
{quote} Not that simple. You need proof of residency....utlity bills, bank statement, etc....normal KYC stuff.
Corporate accounts are not simple to open anyways.
  • #21,046
  • Sep 7, 2023 11:56am Sep 7, 2023 11:56am
Quoting TraderTero
{quote} Corporate accounts are not simple to open anyways.
If you have the money and you will not do anything illegal it is possible, but yeah i suppose for US citizens is most difficult
  • #21,047
  • Sep 7, 2023 12:13pm Sep 7, 2023 12:13pm
Quoting pipmaster77
Anyone in a jurisdiction who can open a corporate account with ICMarkets, Tickmill, Pepperstone...........I'll fund it and trade it, you keep 20%. I'll begin interviews this coming week.
Corp tax rate in US 21% vs Britain's 25% and New Zealand's 28%
whoever set up the Corp needs to deduct your payouts first, which 20% profit sharing ends up being 15% in Bn and 14% in NZ after tax
Better use private individuals that you can trust, tax rate won't so high, the individuals might not even pay the tax in their country
  • #21,048
  • Sep 7, 2023 12:14pm Sep 7, 2023 12:14pm
Quoting pipmaster77
Anyone in a jurisdiction who can open a corporate account with ICMarkets, Tickmill, Pepperstone...........I'll fund it and trade it, you keep 20%. I'll begin interviews this coming week.
Or you can trade CME futures (forex, indices), CFTC will be happy about it.
  • #21,049
  • Sep 7, 2023 12:19pm Sep 7, 2023 12:19pm
Quoting ladder
{quote} Or you can trade CME futures (forex, indices), CFTC will be happy about it.
Yes, I have an account with AMP as well.
  • #21,050
  • Sep 7, 2023 12:35pm Sep 7, 2023 12:35pm
Quoting Fagin
If it is proven that without the fees from failures the pay outs from B book couldn't be covered then it would be pretty much an open and closed case of Ponzi?
-The problem is that this is the same way trading/b-bookers and casinos operate. Without losers paying the winners, there would be no business. In all cases, the person is having to work for their money; there are no guarantees for profit and it's fully discretionary.

For a judge to rule that this is a ponzi would be incorrect, I think. But, as Taksid pointed out, I think that the fraud claims are just an attempt to discredit and smear the props.
  • #21,051
  • Sep 7, 2023 12:35pm Sep 7, 2023 12:35pm
Quoting Takisd
Anyone see all the hit pieces being written about deel and the prop firm industry?
-No, but this is a classic, go-to tactic and the same thing that they did with offshore brokers. Since they could not stop some offshore brokers from refusing to kneel and giving them the finger, they went after all of the payment processors and money transfer methods.
  • #21,052
  • Sep 7, 2023 12:36pm Sep 7, 2023 12:36pm
Quoting Takisd
Maybe, starts to feel more like lobbying now.
-Ah, yes. Lobbying. Another classic go-to. Just read an article today about how several tax preparers spent over $90M lobbying in an effort to undermine the federal government's adoption of a government-run system that would allow taxpayers to file for free. Pretty sweet.
  • #21,053
  • Sep 7, 2023 12:36pm Sep 7, 2023 12:36pm
Quoting pipmaster77
{quote} Yes, I have an account with AMP as well.
How is liquidity in FX and XAUUSD and spreads in your AMP futures account?
  • #21,054
  • Sep 7, 2023 12:37pm Sep 7, 2023 12:37pm
Quoting pipmaster77
Anyone in a jurisdiction who can open a corporate account with ICMarkets, Tickmill, Pepperstone...........I'll fund it and trade it, you keep 20%. I'll begin interviews this coming week.
-It is sad that we have to even consider such measures. I seriously wish you the best.
  • #21,055
  • Sep 7, 2023 1:25pm Sep 7, 2023 1:25pm
Quoting Nsak3y
{quote}-It is sad that we have to even consider such measures. I seriously wish you the best.
It's actually pathetic. The "land of the free" is so far from reality.
I mean just look at the past several years, people forced to get a "vaccine" to keep their jobs. You had to sign a waiver so they could not be held accountable......"You must get this shot be we are not responsible for what happens"
Now as all of the truth comes out about how ineffective they actually were......what happens to the folks who got sick, permanently disabled and /or died as a result? The folks that lost their jobs for refusing? Our military members being dishonorably discharged?
Life changing impacts.
All the while millions of folks are crossing the border bringing who knows what diseases with them.....no vax for them?
Their is an agenda behind everything they do and unfortunaely that agenda is never "for the people"
  • #21,056
  • Sep 7, 2023 1:52pm Sep 7, 2023 1:52pm
Quoting Boulder
{quote} Corp tax rate in US 21% vs Britain's 25% and New Zealand's 28% whoever set up the Corp needs to deduct your payouts first, which 20% profit sharing ends up being 15% in Bn and 14% in NZ after tax Better use private individuals that you can trust, tax rate won't so high, the individuals might not even pay the tax in their country
With private individuals aml can be a bigger issue. How could you explain receiving for example 100k from some dude in another country? In the corporate side it is easier to move funds.
  • #21,057
  • Sep 7, 2023 2:15pm Sep 7, 2023 2:15pm
Quoting acetrader
{quote} Hi Expo33, Would you kindly keep us updated on your progress with this?
Got my credentials right away and am currently trading like a maniac
Pride always comes before destruction.... -Proverbs 16:18
  • #21,058
  • Sep 7, 2023 2:25pm Sep 7, 2023 2:25pm
Quoting Georginson
Hello everyone, does anyone know if Maven prop firm allow hedging practices.
Beware of their "consistency" rule. I tested them but will never use them again.
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Attached Image (click to enlarge)
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Pride always comes before destruction.... -Proverbs 16:18
  • #21,059
  • Sep 7, 2023 2:41pm Sep 7, 2023 2:41pm
Quoting expo33
{quote} got my credentials right away and am currently trading like a maniac
degenerates of the world unite
  • #21,060
  • Sep 7, 2023 2:43pm Sep 7, 2023 2:43pm
[quote=Cryptosurf;14567366]{quote} 57 years living in the USA has seen a lot of evidence to the contrary. The saying "The road to hell is paved with good intentions" is applicable here. Good intentions, followed by "mission creep" and powers expanded far beyond original intentions. Patriot Act is perfect example.[/quot

Thats absolutely right. Commander Bush put that into play to protect us all lol. Now we are all Safe. NOT.
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