ARB Group

Open a demo futures account with a broker that offers Ninja Trader, and practice trading on your own. Most place don't teach you anything. Then go live when you're steady trading on the simulator.

You should factor in that you're not paid during 1-2 years you learn. So just your living expenses will put you in the whole for 20-40k. You might as well find a night job and trade during the day. With 10k you can trade a trade a few contracts with a broker. When you have a little track record make the move to a prop. At least if it doesn't work out your career isn't finished.

my 2 cents.
 
Arbgroup are really a true proprietary trading arcade like those in Chicago or New York.

I visited the office, they do not have too much traders (5-10 trader at most). It's a small family and they know and say; it's not a business for everybody. If you want to go there and your objective is not to trade big then, you are too small for them. keep your 10,000 and trade IB/ameritrade.

The package is fair for those with big expectations who want big cash for trade and have a chance to truly learn how to handle.
i.e 50/50 daily split, 1% gross margin on multi 500k-1M$ financed positions.

Arbgroup say they want people to stay generous in the knowledge they share. That's a good culture for success so rare in this business.
Believe me that's a very important point. Why share a space with people everyday if there is no exchange of knowledge.

Prop shops are very reluctant (despite what they say), they don't want to share prop knowledge until 2 yrs they know you because of whatever reasons you are not in the family, you are not the favorite guy in the place...
If Arbgroup respected what they say that's good.
otherwise they are an average B firm.
 
Quote from heiasafari:

They don't do algos essentially. They offer 2 different trading platforms but I don't know either of them, they are not the ones I am used to hearing about. All I remember is that one comes with esignal.
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I fi remember well all execution is TT and charting you chose esignal or TT. IT 2000 fee is not fixed, depends on what you take. Execution and clearing by Newedge.
 
Quote from octsa:


I visited the office, they do not have too much traders (5-10 trader at most).
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They also have remote traders. You can only trade away from the office after your training.
 
Quote from NY0BScalper:

Does desk fee come out of profits? Most the futures prop firms I've heard of charge a desk fee in that area. The question is if you are expected to fork it up if you're new. If you aren't successful after 12 months and you didn't spend 24 grand in desk fees and the firm lets you leave with no quarrels then it could be a great learning opportunity.

If you're expected to come up with your own 24k/year just to sit there... well, heh..
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Comes out of profits. You don't have to come up with it.
 
ARB Group offers remote trading opportunities to its traders who have demonstrated a certain level of competence as well as self-awareness. We offer our traders the possibility to borrow ARB laptops when they are away, thus being able to trade literally wherever they are in the world.

why do i need to trade using its laptop?
 
Quote from blackstormcap:

ARB Group offers remote trading opportunities to its traders who have demonstrated a certain level of competence as well as self-awareness. We offer our traders the possibility to borrow ARB laptops when they are away, thus being able to trade literally wherever they are in the world.

why do i need to trade using its laptop?
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A trader can't afford a $700 laptop? Just who are you trying to recruit?



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