Discussion in 'Prop Firms' started by jobhunter, Dec 2, 2002.

  1. jobhunter


    Why is their Reputation so bad?

    I heard that WorldCo is starting a new office in Philly. I was considering attempting to work for them. you do have to get your licenses before you start trading. They want you to put up a limited amount of capital in your account, but I think they payouts are extremely high. Of course, there's no salary and you only get a percentage of your P&L, but there's a lot of shops that do this type of thing nowadays. If I could afford to live without a salary while I'm learning to trade is this a bad deal? Could anyone please describe why their reputation is poor? I've tried to get a job with other "more legit" firms but have found it tough even though I was laid off from a market making firm as a trainee in Philly last year. Any help is greatly appreciated.