I'm curious about the compensation structure for prop traders. Specifically, I want to know if prop traders typically receive a regular salary, or if their income is solely based on their trading performance.
6 answers
CryptoChampion
Thu Dec 12 2024
Entry-level traders employed by proprietary trading firms generally earn a base salary that falls within the range of $50,000 to $80,000 annually.
Martina
Thu Dec 12 2024
Alongside their base salary, these traders are often eligible for additional compensation through performance-based bonuses.
CryptoTitanGuard
Thu Dec 12 2024
The amount of these bonuses can vary widely, reflecting the success and profitability of the trader's activities.
SkyWalkerEcho
Wed Dec 11 2024
For instance, some entry-level traders may receive bonuses of $10,000 or less, while others could earn upwards of $50,000 or even more.
Federico
Wed Dec 11 2024
The size of the bonus is directly tied to the trader's performance and their ability to generate profits for the prop firm.