Thread: Dubai based firm

Hi
Does anybody have any experience with a Dubai (UAE tax free) based Prop firm http://www.dubaiptg.com?
Please advice
Thanks
Jim

i was looking into them too -- they say the 4k tuition fee and desk fee is refundable - but this is not so if you are with them for 2 weeks or more!! so you better make sure you get the best out of the 3 month tuition after which nothing is guaranteed but cheaper than futex who charge 8k and again nothing is guaranteed

Hello,

I have checked their website and it seems interesting, have you done anything about them?

Thanks

Frederic

hi frederick,
i was looking into scneider, futex and the dubai firm - scneider despite it looking fantastic because the training is free seems to have bad reviews for the training which lasts 6 months! -- thats potentially 6 months wasted with little to show for it and no pay, futex is 8k which is way too much for me and i cannot vouch for their training and have not heard anything, dubai costs about $3.5k for 3 months and i am not sure about the quality of their training either - but at this stage in my development i think i am practically there; i am now doubtful that any of these prop firms will teach me anything i have not learnt myself(i have read 62 books and counting and spent an awful long time in front of screens - earlier on when i first started learning i guess i would have gone for the dubai option had i known about it since i have paid this much on scams which last a weekend and were totally useless - i am hoping you would get more for yr money with the dubai option but cannot vouch for this

Thanks for the answer. Dubai sounds interesting but with the move it could be expensive... I have been working for a prop firm since sept. and I have to say that I have learned a lot of interesting thing especially scalping on level II as well as other strategies, I think that you will learn a lot in prop firm...
But even though you do have some guideline, you are left alone most of the time and you do not have as much support as you would want. But I have heard that my firm is not the worst... There are some changes coming in the next month and after that there will be even less support as before so as I feel that I need more training I am looking for a firm which has a serious training program.... Let me know how you are doing>

hi,
am based in uk - so you may have more available prop firms than me? is yours remote - did you have to pay?

Hi, I've looked at the ones in London and just returned from Dubai although did not visit the Dubai firm. You need to be careful with Schneider - free it is, but contractually there's effectively a 3 year lock in. I suspect that as it is the 800Ib gorilla in the industry, it's probably also pretty good. It hosts a lot of Traders. Amplify Trading is another one that looks good and London Global Investments is also reasonably priced. Will enquire about the Dubai firm but even on Linkedin, former pupils seem loathe to give any opinion. Cheers