Thankfully, the CBSX and the SEC stepped in, and made it mandatory for those scam artist backed prop firms to require licenses for all traders.
That's another nice scam down the drain for these scumbags. Thankfully
If anyone offers you the opportunity to trade at one of these firms, ask them what their cut is. They will likely lie or avoid the question. They'll blame the hurricane (even if they are in the midwest), someone being sick, or some other made up story in order to avoid the truth.
DONT BELIVE THE HYPE
If the firm is legitimate, they wil inform you that you must be licensed and they will tell you the proper procedure for getting your license.
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