Any arcades/prop paying a salary?

[state]

Hi, does anyone know of any arcades/prop firm that pay a basic salary? I dont mean the 1k a month that a few do. A proper salary that you can actually live off, not just pay for lunch.

Obviously with the salary the standard deals of profit splits 50/50, 60/40, 70/30 would go out the window and some other arrangement would be provided.

It seems that the list of Arcades available on this site is quite out of date. A few of the firms on there have gone bust and some newer ones arent on there.

 

[Parky]

I am not aware of any trading arcade that pays a salary, it really is a contradiction in terms. Trading Arcades take on professional traders, that is to say people who trade for a living, if they are successful then a split of profits by definition is all they need. If you need a salary the assumption would be you cannot make a living from your trading and therefore you are not worth employing?

 

[luckyd1976]

Maybe he's just professionally hedging

 

[arabianights]

I know of one very specific arrangement where one very specific and very valuable person who has been with the company for over a decade gets a salary in return for a lower profit split, so there is no reason why it can *never* happen - prop shops are businesses after all, they can negotiate whatever terms they like, but basically... yeah, what Parky said.

 

[kraszan]

I am not aware of any trading arcade that pays a salary, it really is a contradiction in terms. Trading Arcades take on professional traders, that is to say people who trade for a living, if they are successful then a split of profits by definition is all they need. If you need a salary the assumption would be you cannot make a living from your trading and therefore you are not worth employing?

But sometimes people who are interested to become a trader they have not capital to trade. this is the reason why they are looking for opportunity.

 

[ValidConcept]

Trading Arcade is that sort of a trading game like etoro and the likes?

 

[kraszan]

I am not aware of any trading arcade that pays a salary, it really is a contradiction in terms. Trading Arcades take on professional traders, that is to say people who trade for a living, if they are successful then a split of profits by definition is all they need. If you need a salary the assumption would be you cannot make a living from your trading and therefore you are not worth employing?

But sometimes people who are interested to become a trader they have not capital to trade. this is the reason why they are looking for opportunity.

 

[dog75]

email [email protected]

 

[MQL]

Whatever you do, don't get it into your head that anyone is going to give you a salary. It happened at times back in the day when there was a lot more money laying around. You can forget it now days though.