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Bright Trading Reviews

Updated Jan. 23, 2023

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Found 17 of over 17 reviews
3.0
49% Recommend to a Friend
77% Approve of CEO

Found 17 of over 17 reviews

3.0
49%
Recommend to a Friend
77%
Approve of CEO
Bright Trading President Rob Friesen (no image)
Rob Friesen
7 Ratings

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What’s the best way to have a lack of compensation and incentive conversation in your department? I went above and beyond for years doing extra work, organizations etc and nothing has been reflected in pay. I thought my 5 year was going to finally show something but it did not. I’ve inquired about pay but it’s gotten nowhere.

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  1. 4.0
    Former Employee

    You get what you put in!

    Oct. 28, 2017 -  
    Recommend
    CEO Approval
    Business Outlook

    Pros

    They were always great with ensuring I had everything I needed. Response times were quick with any questions or issues that arose. I had more than enough leverage to trade. As others have mentioned, the freedom existed to trade my own strategies.

    Cons

    As a remote trader, there are often times were you feel a disconnect. While consent communication via morning calls and e-mails does exist, it's not the same as engaging face - to - face with someone.

    1 person found this review helpful
  2. 4.0
    Former Employee

    As a Prop Firm they are great

    May 29, 2014 -  
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Provide you with plenty of leverage and freedom to do what you want. Can test your own ideas and managers are very approachable.

    Cons

    Need to know its a prop firm so your salary is what you make.

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  4. 1.0
    Former Employee, more than 3 years

    Trader

    Jan. 23, 2023 - Trader 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Very little positive to say. This a firm that makes commissions, and also takes a 20% cut if you do well.

    Cons

    See Above. I would avoid this as a productive career choice.

    Continue reading
    Be the first to find this review helpful
  5. 2.0
    Former Employee, less than 1 year

    You are their business model

    Jan. 8, 2021 - Trader in Las Vegas, NV
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Access to capital. You can get leveraged 10-20 times

    Cons

    Good ol Vegas boys taking you for a ride. YOU are their business model, risky behavior encouraged (despite initial speeches about the importance of risk management) because you’re paying commissions, which overtime will significantly eat out of your return. (I.e make Bright tons of money) Most, and by that I mean at least 9 out of 10 new traders won’t make it, but they don’t really care because they can get another cohort of fools whom they can lure with “modern strategies”. If you absolutely know what you’re doing, by that I mean a proven track record with real money and you need leverage- it is for you, otherwise do yourself a favor and buy an index fund.

    Continue reading
    6 people found this review helpful
  6. 4.0
    Current Employee, more than 3 years

    If it's your path you will enjoy it

    May 14, 2020 - Equity Trader 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Get to do what you love

    Cons

    must bring intelligence and discipline to the table

    Continue reading
    1 person found this review helpful
  7. 4.0
    Former Employee, more than 5 years

    Fair company

    Apr. 22, 2019 - Remote Equities Trader 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Good leverage, fair rates, plenty of capital to provide traders

    Cons

    Management mediocre, but good people working there. As with most prop firms you're largely on your own.

    2 people found this review helpful
  8. 3.0
    Former Employee, more than 8 years

    Trader

    Apr. 30, 2016 - Equity Trader 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Freedom to employ your own trading strategies.

    Cons

    No support system to educate traders with algorithmic strategies

    Continue reading
    Be the first to find this review helpful
  9. 3.0
    Current Employee

    Freedom to work how and when you want with no one looking over your shoulder.

    Feb. 20, 2015 - Equity Trader in Chicago, IL
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Pretty much your own boss. Unlimited upside potential with access to more capital to trade then you could probably ever need. Back office is very competent and with Goldman clearing, you have a reputable operation.

    Cons

    There is no base salary and no training unless you pay for it but even then it's very basic. Commissions are a little high.

    Continue reading
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  10. 2.0
    Former Employee, less than 1 year

    You will probably leave disappointed :(

    Aug. 6, 2014 - Prop Trader in Las Vegas, NV
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Access to capital well beyond your own. At least 10 times what you put up. Your capital is exposed first -which is typical.

    Cons

    Office culture not as described. More secretive than it should be. New people left to fend for themselves. Supposedly advanced trading techniques are actually dated. Extra training costs you more $

    Continue reading
    2 people found this review helpful
  11. 3.0
    Former Employee, more than 3 years

    Tough to make a living

    Apr. 28, 2014 -  
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Work when you want to, freedom to try out your own strategies, some good people to work with

    Cons

    No salary, have to pay for training and the training is not very good. Need to come up with your own trading ideas to work here

    Continue reading
    2 people found this review helpful
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Bright Trading Reviews FAQs

Bright Trading has an overall rating of 3.0 out of 5, based on over 17 reviews left anonymously by employees. 49% of employees would recommend working at Bright Trading to a friend and 36% have a positive outlook for the business. This rating has decreased by -7% over the last 12 months.

According to anonymously submitted Glassdoor reviews, Bright Trading employees rate their compensation and benefits as 2.3 out of 5. Find out more about salaries and benefits at Bright Trading. This rating has decreased by -8% over the last 12 months.

49% of Bright Trading employees would recommend working there to a friend based on Glassdoor reviews. Employees also rated Bright Trading 3.9 out of 5 for work life balance, 2.9 for culture and values and 2.7 for career opportunities.

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Glassdoor has 17 Bright Trading reviews submitted anonymously by Bright Trading employees. Read employee reviews and ratings on Glassdoor to decide if Bright Trading is right for you.