For Professional Currency Traders
by Trader Rich
I just explored an ad on the front page of my site from FXCM regarding their new PropFX division. It is supposedly for professional traders, has no dealing desk, no requotes, multiple competing rates from 10 banks, no fixed spreads yet no guaranteed fills on stops or limits. I don't feel like I have either the resources or experience to explore this further. You can though:
It looks like from this new division, they are also looking for "Traders For Hire." If you live in the New York City area like I do and have an interest in getting free education and the opportunity to trade FXCM capital, you may want to check it out. It would seem like a great way to learn the currency market from the professional side of things. On the downside though, it looks like you would have to financially support yourself until you get to a point where you can actually turn a profit for them, if ever.
CLICK ON THE TRADERS FOR HIRE LINK from below: