They charge a training fee? Risk capital of $20k is tiny and I was wondering if it is fine to trade for a prop firm (on the side) whilst trading my larger personal account (main). Nothing to lose. Run the same strategy but code to have their trades traded after my personal trades. ----------------------------------------------------- Alphachain Capital is a leading global proprietary trading firm based in London with over 150 global remote traders across the UK, US and Europe. The firm specialises in short-medium term positions in global FX, equities, cryptocurrency and commodity markets and is now seeking to bring on a number of talented individuals who have the motivation and passion to become professional prop traders within our global remote trading team. Junior Prop Trader Alphachain Capital is a leading global proprietary trading firm based in London with over 150 global remote traders across the UK, US and Europe. The firm specialises in short-medium term positions in global FX, equities, cryptocurrency and commodity markets and is now seeking to bring on a number of talented individuals who have the motivation and passion to become professional prop traders within our global remote trading team. We are seeking both experienced and new prop traders to join our team and manage our firms capital. Our trading team includes experienced traders with extensive institutional experience at top tier banking institutions who manage the company’s capital and help to train our juniors traders. Successful candidates should have a passion for the industry and motivated to learn to trade professionally at one of the world's leading prop trading firms. Those who are successful will begin trading as an independent Junior Prop Trader across forex, commodity and cryptocurrency markets with a guaranteed live trading capital of $20,000 with a 50% profit split. Capital increases will be provided at set target achievements. Role Our Junior Traders develop a comprehensive knowledge of risk management, technical analysis, fundamental analysis and develop their own bespoke trading strategies (or trade our own) during the initial three month intensive training programme under the guidance of our CEO and Head of the Trading Academy. Our traders partake in daily educational webinars delivered by the CEO, Head of Trading, Head Psychologist coach, and 1-2-1 mentoring sessions, and are provided with funding towards the end of the three month training programme. Training Fees Apply All those who are successful and invited to join the Global Trader Programme and complete a three month intensive training programme covering global markets and professional risk management and trading strategies, delivered remotely by some of the leading prop traders in the UK who also mentor our new traders. We are proud to be the only established and successful prop fund offering training of this type across Europe! Training Fees apply for all training to cover our mentors time and our training programme if you do not have a profitable track record. After completing the training the traders will be given a guaranteed live funded trading account to begin their career as a Junior Prop Trader on our team remotely. Requirements · A strong interest in financial markets · Excellent communication skills with other team members and staff · Good numerical skills. Degree from a top tier university is preferable · Good emotional intelligence · Experience is not necessary however experience in financial markets or other areas of finance would be beneficial · Punctual and professional at all times Location This is a remote based role. You will require internet access and your own computer. Compensation All of our traders are independent contractors who take home 50% of their profits each month. Since proprietary trading is 100% performance based.
u/tvcarpet says... "As part of the programme you are required to undergo four weeks training which, for this particular programme, costs £3000 + VAT. After the training period you then get access to a funded account of $1k and have a drawdown limit of 10% for crypto."
I think they forgot the most important requirement -- the ability to write checks that won't bounce. https://alphachain.co.uk/global-trader-programme/
No, it's $4,816.69 for $2,000 max drawdown. https://alphachain.co.uk/blog/ufaqs/what-is-the-maximum-drawdown/ And some people think there is no inflation!
I know...really! An anonymous poster typed the following entry: "Stay away. You will see they have the same reviews on Quora and Trust Pilot just copy and pasted. Read their bad interviews and you get the real picture. Its not a scam, just a way for them to take your money to teach you stuff you can learn for free on YouTube."