There are newer employer reviews for Bright Trading

 

Bright Trading will allow you to operate a proprietary trading business

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Trader  in  Las Vegas, NV
Current Employee - Trader in Las Vegas, NV

I have been working at Bright Trading

Pros

They give their traders better leverage (buying power) than anyone else I know. Additionally, if management believes in your trading idea, they are open to you trading the idea with their capital.

Cons

Higher than average commission costs. Brights business model is not ideal for traders who are trigger happy day traders. If you aren't using their leverage, there are lower cost options out there.

Advice to ManagementAdvice

Bright offers training but too many traders believe that profitability is a paint-by-numbers process. I felt the 3 day class was a good introduction to the basics but the extended boot camp was not worth it.

11 Other Employee Reviews for Bright Trading (View Most Recent)

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  1. 1 person found this helpful  

    No guarantee of success, no salary.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee  in  New York, NY
    Current Employee - Anonymous Employee in New York, NY

    I have been working at Bright Trading

    Pros

    You can make a lot of money if you get something going. They teach you many strategies that can work if you have the discipline and psychological ability to implement it.

    Cons

    There's no guarantee of success as in any trading business. The costs if you don't success are expensive. Considering the investment of your time and energy and the potential loss of your capital, I would do this only if you are willing to dedicate your life to it.

    Advice to ManagementAdvice

    Cut the rent and penalization you impose on traders for not trading enough. That's why you are losing so many traders.

    Doesn't Recommend
  2.  

    A professional enviromnent to develop trading skills and strategies.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Prop Trader  in  Las Vegas, NV
    Current Employee - Prop Trader in Las Vegas, NV

    I have been working at Bright Trading

    Pros

    Access to other professional traders. Key in developing strategies for a successful trader, access to experienced traders and trading platforms, news services.

    Cons

    In any daytrading job, the greatest risk is loss of capital, your own, which in most cases, results in a high failure rate.

    Advice to ManagementAdvice

    Making sure accessability to experienced traders key in greater success rate of new traders, which Bright Trading is aware of.

    Recommends
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