FAQ

No. Traders living outside the U.S. can trade through our T3 Global division. No trading licenses are needed, and there is no capital lockup period. Our T3 Global division requires larger deposits of at least $100,000 to your trading account.

Yes. You can download the Sterling or Lightspeed trading platform and trade from anywhere with a stable internet connection. Integra Trade is a team of mostly remote traders all over the world. We help remote traders take their trading to the next level from the comfort of their homes.

Yes. You can trade at either of T3’s NJ office trading locations.

Yes. With account equity of at least $15,000, you can hold overnight positions for as long as you want, in accordance with the risk parameters outlined below.

Your Choice:

Sterling Trader Pro – Stocks & Options – Prop or retail accounts.

Lightspeed – Stocks & Options – Only prop accounts.

Futures: We can provide almost any trading platform you desire, with Rithmic Trader Pro being our firm favorite.

Stocks & ETF’s:

Intraday leverage (9:30 a.m. – 4 p.m.) = 30x your account equity, with no position size limits.

Extended Hours / Overnight leverage = 8x your account equity, with a max of 2x per position.

For example, a $20,000 deposit = $600,000 intraday and $160,000 for extended hours / overnight.

Prop with Sterling Trader Pro:

Stocks and ETF’s day trading (9:30 a.m. – 4 p.m.) = $10,000.

Stocks and ETF’s overnight/swing trading = $15,000.

Options = $25,000.

Prop with Lightspeed = $25,000 & maintain $15,0000.

Prop futures with any platform = $10,000.

A retail customer account with Sterling Trader Pro = $30,000.

Stocks, options, and/or futures with T3 Global = $100,000.

For U.S.-based traders, a Series 57 license. If you don’t have it yet, we are happy to sponsor you to take the SIE exam (Securities Industry Essentials) and the Series 57 exam (Securities Trader Representative Exam).

As of 2023, the Integra Trade division of T3 Trading Group has under 50 traders, with approx 600 U.S. traders in total at T3. This provides you with the dual benefit of a boutique firm for personalized service and support, combined with the financial strength and resources of one of the largest proprietary trading firms in the country.

No. There are no FINRA licensing requirements for prop trading futures.

Yes. We will sponsor you to get both the SIE (Securities Industry Essentials) and the Series 57 License.

We will also provide you with a 15% discount code for comprehensive study materials courtesy of our partners at Knopman Marks.

Funds in a proprietary trading account are never SIPC insured. If a proprietary broker-dealer goes out of business, a trader’s funds are at risk of being lost. Therefore, financial strength and integrity are important elements to consider when choosing a prop firm. If you’re looking for a SIPC insured account, please ask about trading with us in a customer retail account that is SIPC insured.

Yes. We utilize multiple providers to locate shares for our traders. Unlike many retail brokers and other prop firms, it is rare that we cannot locate shares in a HTB stock for our prop & retail traders. Additionally, our platforms’ electronic-stock-locate feature allows you to locate and short stocks in seconds, as opposed to calling or emailing your broker to try to locate shares, often missing the trade opportunity.

There are no interest charges for using our capital intraday. Overnight leverage rates for long positions = The Fed Funds Rate + 3.75%. For short positions = The Fed Funds Rate + 0.75%. (x our capital you’re using overnight, divided by 365 days = one day’s interest).

Not for our non-U.S.-based traders in T3 Global, or our customer retail accounts. All capital deposited to our U.S.-based prop trading accounts with T3 Trading Group needs to remain in your account for 12 months from the date of deposit. All profits above your deposit amounts can be withdrawn at any time.

This is a non-salaried position. Integra traders generally receive 90% of their net trading profits.

You simply email a distribution request to your manager by the second Friday of each month. T3 will send you a wire on the following Tuesday. If you want to make an “out-of-cycle” withdrawal you can at any time, but there is a $100 charge to do so.

Everyone is different; however, it is common for traders to pass the exams after studying for approx. 30 hours for the SIE and 40 hours for the Series 57 exam.

The SIE has 75 multiple-choice questions (1 hr 45 minutes). The Series 57 has 50 multiple-choice questions (1 hr 45 min).

The SIE (Securities Industry Eessentials) – This introductory-level exam assesses a candidate’s knowledge of basic securities industry information including concepts fundamental to working in the industry, such as types of products and their risks; the structure of the securities industry markets, regulatory agencies and their functions; and prohibited practices.

The Series 57 exam – The Securities Trader Qualification Examination (TD) – assesses the competency of an entry-level Securities Trader to perform their job. The exam measures the degree to which each candidate possesses the knowledge, skills, and abilities needed to perform the critical functions of a Securities Trader.

The SIE exam can be taken online. The Series 57 exam is taken at a testing center such as Prometrics with locations all over the U.S. Once your T3 account is open, we will send you a link to schedule your exam at your convenience at a location near you.

You need to wait 30 days between attempts. If you fail it 3 times, you need to wait 6 months. Each time you take the exam it costs $80.

More questions?