Research profile
Profile data updated: October 14, 2026
First New York Securities
Multi-strategy proprietary trading firm running discretionary equities, macro, options and event-driven books with a partner-capital model.
- Headquarters
- New York, NY
- Founded
- 1986
- Funding model
- Trader Capital
- Geographic availability
- Worldwide policy not clearly statedU.S. traders:Not confirmed
May suit
traders focused on futures, equities, options, forex.
Consider alternatives if
you rely on copy trading.
Trader rating
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Overview
What this firm is and who it serves
First New York (FNY) is a multi-strategy New York proprietary trading and investment-adviser platform for discretionary equities, macro, options, and event-driven books.
At a glance
Structured facts about this firm
- Firm Type
- Trader Capital prop firm
- Market Focus
- Futures, Stocks, Options, Forex
- Trading Style
- News trading permitted, overnight holding allowed, weekend holding allowed
- Retail Accessibility
- Open to retail traders
- Based in
- New York, NY
- Geographic availability
- Worldwide policy not clearly stated
- Known For
- Multi-strategy proprietary trading firm running discretionary equities, macro, options and event-driven books with a partner-capital model.
Payout structure
How and when you get paid
Funding programs
Account types and the path to capital
Evaluation
—Not required by this firm.
Instant funding
—Not offered by this firm.
Scaling plan
—No formal scaling plan documented.
Trading rules
What's allowed, what isn't
Asset classes supported
Related terms: trailing drawdown · consistency rule · profit split
Platforms & technology
Where and how you trade
Supported platforms
First New York Securities FAQs
Based on terms reviewed October 14, 2026
What should traders verify before choosing First New York Securities?+
Review the specific program's drawdown rules, payout eligibility, prohibited strategies, platform availability, refund terms and any country restrictions before purchasing. Terms can differ between programs at the same firm. This profile summarizes the latest documented terms we found, but traders should confirm the current rules directly with First New York Securities before purchasing.
Does First New York Securities offer evaluation and instant-funding options?+
First New York Securities does not require a traditional evaluation phase. Program rules, fees and payout terms can differ between paths, so confirm the terms of the specific program you intend to buy.
How do First New York Securities's payouts and profit split work?+
The published profit split is up to negotiated of net profits to the trader, depending on the program; payouts are processed on a monthly basis; first payout eligibility: Negotiated. Payout eligibility begins after the applicable program cycle, and program-specific terms should be confirmed directly with the firm.
What are First New York Securities's main drawdown and trading restrictions?+
Based on the documented terms we reviewed: news trading is allowed, overnight holding is allowed, weekend holding is allowed, copy trading is not permitted. Drawdown type and consistency requirements can vary by program, so check the rulebook for the exact program before purchase.
Which platforms and markets are available at First New York Securities?+
Platforms: Bloomberg, Sterling. Markets: futures, equities, options, forex. Availability can differ by program and by region — confirm on the firm's platform and product pages before purchasing.
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