FAQ

We provide our traders with industry-leading buying power.

For stocks and ETFs:

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 / 4x for non-leveraged ETFs.

For example, a $25,000 deposit = $750,000 intraday and $200,000 for extended hours / overnight.

For options and futures which are more nuanced, please discuss with us by phone.

Yes. Traders living outside of the United States can trade through a separate company – T3 Global. No trading licenses are needed, and there is no capital lockup period. The T3 Global division requires larger deposits of at least $50,000 to your trading account.

Yes. In fact, most of our traders are remote. You can trade from anywhere with a stable internet connection. 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.

Your Choice:

Lightspeed:                 Equities and options in a prop account.

Sterling Trader Pro:  Equities and options in a prop or retail account.

Other platforms:       Takion (equities), WEX (equities/options), DAS Trader (equities/options – retail or T3 Global acc), RealTick, Rithmic, Exegy (options/futures), TT, CQG (futures), etc.

Let us know if you prefer a different platform, and we will likely be able to get it for you.

Yes. You can hold overnight positions for as long as you want, in accordance with the risk parameters outlined above.

Equities = $10,000

Futures = $10,000

Options = $25,000

A retail customer account = $30,000.

All prop accounts with T3 Global = $50,000.

As of 2024, the Integra Trade division of T3 Trading Group has under 50 traders, with approx. 500 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 prop trading firms in the country.

You can open a customer retail account with us that is SIPC insured.

Funds in a proprietary trading account are never SIPC insured.

If a proprietary trading firm 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.

There are no interest charges for using our capital intraday.

Overnight 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.

Yes. We utilize multiple providers to locate shares for our traders. Unlike many other prop firms and retail brokers, it’s 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.

This is a non-salaried position. Integra traders receive 80-90% of their net trading profits.

For all T3 Global accounts as well as a T3TG customer retail account, you can request a withdrawal of your capital at any time.

In a prop account with our broker-dealer T3TG, deposits need to remain in your account for one year from the date of deposit. All profits above your deposit amounts can be withdrawn at any time.

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 (free of charge). If you want to make an “out-of-cycle” withdrawal you can at any time, but there is a $100 charge to do so.

No license is needed to trade stocks, options, and futures in a T3 Trading Group retail customer account, or prop futures account.

Additionally, no license is needed for either U.S. or non-U.S. residents prop trading of stocks, options, or futures in a T3 Global account.

If you join us for prop trading of stocks or options in our broker-dealer, T3 Trading Group,  you will need a Series 57 license.

Yes. If you don’t have them yet, we’re happy to sponsor you to get both the SIE (Securities Industry Essentials) and the Series 57 License (Securities Trader Representative).

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

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

Candidates joining us in our broker dealer, T3 Trading Group, for prop trading stocks or options, must pass the SIE exam and the Series 57 exam to obtain the Securities Trader Representative registration.

Securities Industry Essentials (SIE) Exam – A FINRA exam for prospective securities industry professionals. 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.

  • Number of Questions: 75
  • Format: Multiple Choice
  • Duration: 1 hour and 45 minutes
  • Passing Score: 70
  • Cost: $80

Series 57 — Securities Trader Representative Exam Assesses the competency of an entry-level registered representative to perform their job as a securities trader representative. The Series 57 exam measures the degree to which each candidate possesses the knowledge needed to perform the critical functions of a securities trader, including executing transactions in equity, preferred or convertible debt securities effected otherwise than on a securities exchange (proprietary trading).

  • Number of Questions: 50
  • Format: Multiple Choice
  • Duration: 1 hour and 45 minutes
  • Passing Score: 70
  • Cost: $80

The SIE exam can be taken online from your home. 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?