Any Prop Firms that accept CNY?

Discussion in 'Prop Firms' started by Carl77, Aug 17, 2020.

  1. Carl77

    Carl77

    Hi All, Im a trader from China mainland. Im looking for the prop firms that accept funding in CNY. I used to trade with one firm that accepted CNY and offered fair comiss. Though Im looking for another provider with better execution quality.
    Could someone recommend?
     
  2. zdreg

    zdreg

    Why not convert from CNY?
     
  3. ZBZB

    ZBZB

    Last edited: Aug 17, 2020
    zdreg likes this.
  4. ZBZB

    ZBZB

    Chinese citizens can only transfer out $50,000 a year.
     
  5. zdreg

    zdreg

    Where there is a will there's a way. Mainland Chinese are buying property all over the world.
     
  6. ZBZB

    ZBZB

    Maybe they use mortgages.
     
  7. zdreg

    zdreg

    Where is the down payment going to come from. how are they going to pay interest on the mortgage under your scenario?
     
  8. traider

    traider

    BTC was invented for this
     
  9. Carl77

    Carl77

    Usd is limited in China. That is not the only reason actually. That would be more comfortable for me to fund deposit and refund profits in CNY nowdays.
     
  10. ZBZB

    ZBZB

    Is tiger a usd broker for Chinese citizens or is it a way for CNY holders to use margin In USD to buy US stocks?
     
    #10     Aug 18, 2020