I'm considering working for a prop firm and I'm wondering if they typically pay a salary to their traders, or if the traders are compensated solely based on their trading performance.
5 answers
SamuraiCourageous
Tue Dec 10 2024
Entry-level traders employed at proprietary trading firms generally have a base salary that falls within the range of $50,000 to $80,000 annually.
SejongWisdomSeeker
Tue Dec 10 2024
This salary serves as a foundational income for traders who are just starting their careers in the financial markets.
Riccardo
Mon Dec 09 2024
Alongside their base salary, entry-level traders are often eligible for additional compensation in the form of performance-based bonuses.
BlockchainBaronGuard
Mon Dec 09 2024
The amount of these bonuses can vary significantly, ranging from $10,000 to $50,000 or even more.
Nicola
Mon Dec 09 2024
The size of the bonus is contingent upon the trader's success and performance in the markets.