Does anyone know of this type of company. Theny claim not to charge any desk rental or software costs??? Too good to be true?
I got the ad through a recruitment agency... Here is the ad:
"You must have experience of trading your own accounts in either commodities, FX products (Currencies), derivatives, major US exchanges, position trading on FTSE, Eurostoxx, Dax futures, (Equities), FTSE 100 Blue chip CFD products, Bund, Bobl and Shatz futures, etc... Support will be offered in the form of a professional office, electronic trading systems, research and a number of clearing brokers.
The great benefit of working as a independent trader through our client is that as long you are able to generate a £1,000 in commission per month through the number of round trips you do through the clearing brokers for our client. You will have NO CHARGES to pay every month.
You will NOT be charged like most trading houses or Arcade firms for desk fees, system fees, charges for research or office space (all free as long as you hit that target but if you have a bad month and just miss the target ..a small nominal fee will be requested but nothing compared to what you may be paying now).
If you decide to fund your own trading account you can keep 100% of the revenue per month. Although, on a case by case basis in some instances our client is prepared to contribute 50% of the funding towards the trading account with a 50-50 split from revenues generated.
So if you are confident that you are able to hit the monthly target and want to work in a lively environment and be offered good support please apply now. "
I got the ad through a recruitment agency... Here is the ad:
"You must have experience of trading your own accounts in either commodities, FX products (Currencies), derivatives, major US exchanges, position trading on FTSE, Eurostoxx, Dax futures, (Equities), FTSE 100 Blue chip CFD products, Bund, Bobl and Shatz futures, etc... Support will be offered in the form of a professional office, electronic trading systems, research and a number of clearing brokers.
The great benefit of working as a independent trader through our client is that as long you are able to generate a £1,000 in commission per month through the number of round trips you do through the clearing brokers for our client. You will have NO CHARGES to pay every month.
You will NOT be charged like most trading houses or Arcade firms for desk fees, system fees, charges for research or office space (all free as long as you hit that target but if you have a bad month and just miss the target ..a small nominal fee will be requested but nothing compared to what you may be paying now).
If you decide to fund your own trading account you can keep 100% of the revenue per month. Although, on a case by case basis in some instances our client is prepared to contribute 50% of the funding towards the trading account with a 50-50 split from revenues generated.
So if you are confident that you are able to hit the monthly target and want to work in a lively environment and be offered good support please apply now. "