Is this a good deal for a trainee

very interested as well - that's a good deal

 

Seem Like a decent deal
5/1000 shares
No software fees
No desk fees
5K Deposit
Decent deal

 

Very good deal. Depending on the strength of the trading platform, I'd take it.

 

How does the prop firm make money off of this arrangement?

 

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
--------------------------------------------------------------------------------
Sounds like a fair deal for trading in an office. In our office I think they are somewhat cheaper but require 10-15 k. The head trader nets like 50K a day so everyone just trades along with him. get in with good traders otherwise you will just grind down your 5K to zero. PM me if you want to join some talented guys and scrape together a little more.

 

best deal i've heard of