Toronto Prop Firms

How does one go about becomming an "inhouse trader" at Everest? I cannot seem to find your website (there's a bunch of funds with the name 'Everest' showing up on Google... which one is your's?). And assuming the trader is an experienced scalper (also familiar and profitable with swing trading) looking to collect rebates, and penny spreads on liquid stocks would they be required to do any "training" still? Or put up a risk deposit? Or by "fully backed" do you mean they put up nothing? Are any traders paid a salary or required to be licensed?

Thanks!

Quote from trader1523:

Just a small correction to the previous post Everest is in downtown Toronto not Oakville and they offer remote and inhouse trading, Inhouse traders are fully backed
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I just did another (more complex) search on Google... Does www.PropCanada.com belong to Everest?

Thanks!

Quote from trader1523:

Just a small correction to the previous post Everest is in downtown Toronto not Oakville and they offer remote and inhouse trading, Inhouse traders are fully backed
More...
 
Quote from ar1zona:

Hi guys

I have been visiting this forum anonymously for a while and decided to register and ask a few questions.

I'm trying to find a prop trader job in Toronto (indoor, not remote) but not sure which one's more suitable, or which ones are there. So far I knew Questrade, Swift, Title, and Infinium have branches here but not sure what each of them have to offer. Does anyone here have more detailed information about their:

1) payout and fees
2) number of ppl on the trading floor
3) whether they require deposits
4) currently hiring or not
5) their trading style/strategy

I tried to find related posts here but info is very limited. E.g. there was a thread saying Questrade (i believe the actual prop arm is called Globus Trading, the one at leslie + hwy 7?) has a payout ratio of 80%.

Any info is greatly appreciated. I am a recent uni. graduates majoring in finance and worked at Title Trading for a year and half and would like to share my experience if anyone needs. I know some people will say "prop firms are similar and its how good you are that matters" but still it does not hurt to make more informed decisions when it comes for career choices. So again anything helps, thx in advance.
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It is illegal to advice trading as a job.

Follow the money: prop firms only profit from margin interests and trading-commissions.
All prop-firms traders have lost money.
Don't be a useful fool.
 
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