Traders required for London based firm

This is a discussion on Traders required for London based firm within the Trading Firms forums, part of the Trading Career category; Originally Posted by rsh01 Let me guess, you are a boiler room? Or you get wannabe traders to buy worthless ...

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Old Apr 30, 2014, 6:08pm   #9
NVP
 
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Originally Posted by rsh01 View Post
Let me guess, you are a boiler room? Or you get wannabe traders to buy worthless courses?
what coffee do you serve ?
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Old Jan 27, 2017, 10:57am   #10
mwu
 
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Old post but did anyone had good experience with this company ?
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Old Feb 10, 2017, 10:42am   #11
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Originally Posted by oraner View Post
Hi Guys

Thank you for you interest and for your time, first of all we are new company, we still working to develop our website….and setup everything, we do apologize for any spelling mistakes or technical issues, we’ll iron them out next couple of days, basically we are trading only our funds, we are not allowed to trades people money at the moment and we are not planning to target the local market, because our cash comes from abroad; from Middle East, we are planning to build an investment team by the end of the year… we need minimum 50 traders.

I do understand your aggressive reaction but be sure we are a proper CMC and the aim of our Hidden Talent Program is only to build our traders team, we don’t have any strategy to get involved in training, may be is confusing with what some training companies are doing but I raised very clearly we are not training company hence why we pay 75% of the training cost.

However, we are looking for good traders with good P&L, for that reasons I posted here, but I think I did a massive mistake is not the right place); if you would like to find out more about our approach I invite you to visit our trading floor around Tower hill, and if you have good P&L we can give you funds to trade.

I am sorry guys if I disturbed you with my post.

Regards
Could you please disclose what "fees" you charge? and what notional amount "Firm capital" we get to trade? lets be upfront about it...
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Old Nov 1, 2017, 12:08pm   #12
 
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They charge 199 one of fee and the a 99 monthly platform fee and they give you 10,000 of their own money to trade with and you keep 50% of pfofit you make. They are still recruiting but I dont know anything else about them. sounds like they use there own platform and you may never profit or you make very little profit and they just keep taking £99 from you every month
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Old Nov 1, 2017, 5:47pm   #13
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I don't know what's more impressive: these guys seemingly still being around or the fact that their disclaimer still has all these typos....
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Old Nov 2, 2017, 2:45am   #14
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Originally Posted by Luckandwin View Post
They charge 199 one of fee and the a 99 monthly platform fee and they give you 10,000 of their own money to trade with and you keep 50% of pfofit you make. They are still recruiting but I dont know anything else about them. sounds like they use there own platform and you may never profit or you make very little profit and they just keep taking £99 from you every month
You can profit if you can make more than 10% return a year, which is not a difficult target. But 10k capital isn't enough for you to make enough to equate to a low pay part time job.

Since it's their money, what's stopping you going all in with a single large bet and pay £299 for the privilege ? Your max loss is £299 while the gain could be considerable. Looks like a good deal to me.
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Old Nov 2, 2017, 10:43am   #15
 
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Originally Posted by EnlightenedJoe View Post
You can profit if you can make more than 10% return a year, which is not a difficult target. But 10k capital isn't enough for you to make enough to equate to a low pay part time job.

Since it's their money, what's stopping you going all in with a single large bet and pay £299 for the privilege ? Your max loss is £299 while the gain could be considerable. Looks like a good deal to me.
Na I dont trust them. If im working for them and making money I dont feel I should be charged. If I'm no good, I get the sack simple. If they interview people and test them they will soon know who makes money and who is not worth employing.
To me it sounds like just an other money making scheme to get people to sign up to their trading platform.

You sound more experience then me! give it a go and let us know how you get!
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Old Nov 2, 2017, 4:20pm   #16
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Originally Posted by Luckandwin View Post
Na I dont trust them. If im working for them and making money I dont feel I should be charged. If I'm no good, I get the sack simple. If they interview people and test them they will soon know who makes money and who is not worth employing.
To me it sounds like just an other money making scheme to get people to sign up to their trading platform.

You sound more experience then me! give it a go and let us know how you get!
I would give it a go. But I don't want the additional work of looking into it. I presume they have some kind of terms and conditions that would disallow someone making a big bet. I further presume they have something like: max margin used per trade is £10. If my presumptions are correct, then you would be making £100 a year while paying £1500 per year in costs.
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Thanks! The following members like this post: Luckandwin
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