Is this a good deal for a trainee

Discussion in 'Prop Firms' started by pokerplaya, Jan 7, 2009.

  1. 5k down
    100% payout
    $5/1000 (does not include ECN fees)
    no software or desk fees
    no structured training, but would be sitting around a group of profitable traders most of whom have been trading 4+ years
  2. dve250


  3. i think this is the best you can get. there's a few other prop firms that give out the same deal like cygroup.

    how much capital can you trade with?
  4. training is the most important thing.

    you can get 110% payout and no commis and probably will not help with out good training....
  5. what firm is it?
  6. NKNY



    Curious who that deal is from... I think I may be looking for a prop firm myself...

    Can you pm me...


  7. sounds like a pretty good deal to me.

    When I traded prop I put down 5K and was paying $7/1000 with no desk space or data fees. Training was non existant like most prop shops, but I did learn from what few profitable traders were there.

    Just be carful they don't have some rule that ties up your capital for a 1 year holding period. I herd somewere that some firms do this, but I don't know which ones. Make sure you read your contract closley.
  8. JohnBlaze


    No update on this?
  9. vingbel


    I'm interested in finding out more, too. Please PM me if you don't want to post more info.

    I like the fact that you'd be around more experienced traders. It's not training, but it's better than a lot of places.
  10. +1

    Please send an update!
    #10     Feb 7, 2009