T3 Trading Group Reviews

Cons

Since your trading career will be more similar to running your own business than a job, you will have some overhead. You have monthly fees for the data in which you choose to subscribe and administration fees. You could potentially pay your monthly fees off with one good day, but they're still a factor consider. Living and working out of the Manhattan office could be expensive. It is a very good idea to have some money saved up or some sort of stability as you endure the learning curve.

Cons

I don't have anything bad to say

Cons

No salary, performance based. Too many fees

Cons

They WILL take your money!
If you're an experienced trader and actually make money trading the best that will happen is you'll stay right at your contribution level and never actually cash out.
So here is how this whole scam works:
-You have to put up cash usually between $10k to $100k
-This is your risk margin if you lose that amount you're out plus you owe them whatever amount bellow that you lost.
-The fees are insane! You'll probably end up paying about $15k to $20k a year in transaction and "administration fees" depending on your buying power.
-If you stop trading (AKA stop making money) the fees will eat your initial contribution right up because you cannot pull your money out!
-I repeat: If you put money with them that money is GONE!
Not because you lost the money trading, but simply because the fees will eventually eat it all up.
-If you aren't at least a 10+ year experienced trader you shouldn't even be looking to join a prop firm but if you are an experienced trader; you'll make more money borrowing margin from a broker so don't come here.
-Ignore the 3+ star reviews on here. They are fake (I have seen management write them up)
-The managers will try to pressure you into making large day trades because they get paid on commission. You'll pay more in commission fees then rent in downtown Manhattan (simply because you're basically paying for your manager's rent and living expenses)
-If you think you will learn how to trade or gain experience you are looking at the wrong place and shouldn't be looking at trading jobs at all.

No benefits
No salary
All you'll end up doing is lose your contribution money

Cons

Everything else. You are the last to be considered here.

Cons

too much fees, inclusing hidden fees. anual k1 fee etc.

Cons

Everything.... The fees are incredibly high. The trading platform is free but you have to pay for all the data which is very expensive for a new trader. The so-called training that they say they give you is just basic technical analysis that you can learn by reading Investopedia. Hardly any actionable trading ideas. There's no room to grow. I was pushed to constantly trade more and more to run up commissions for my supervisor. You're a customer here not an employee. I was forced off the demo account after a few days to go live and hardly knew how the software worked which made me make mistakes with real money. On top of paying crazy fees they take a percentage of what you make as well. This place has a very high turnover rate. There's no room to grow here and the class b members don't want you to move up. So since there's no growth potential I'm leaving.

Cons

help desk was not very efficient

Cons

Where to start, no room to grow, they lie about training but there is none. What they call training is info you can read from investopedia. No actionable training whatsoever.Monthly fees are very high for developing traders. Was frequently pushed to trade more and more so supervisor makes commission. When I was simulating, he wanted me to stop. So I stopped going in and went remote. Turnover rate is ridiculous. They're a trading mill with no real traders to teach and class b members don't want their traders to move up. So obviously if I can't move up, I'm leaving.

Cons

Exorbitant fees, lack of direction from management, zero to minimal guidance for beginners, misinformation to new traders, strategy development that benefits the company due to trade volume and fees, locker room atmosphere with negativity and intimidation used to take advantage of new traders.