overhyped experience - Trader SMB Capital Employee Review

2.0
Jul 14, 2014
Recommend
CEO approval
Business outlook

Pros

--like minded young traders who will work hard with you --moved to Austin-based KTG from T3, which is a huge upgrade in broker dealers... better fees and technology --will learn how to scalp level II patterns... which is a double edged sword depending on what your personality as a trader is. i was a natural scalper so it was a + for me, i saw other traders who tried to imitiate and developed bad habits (harder to unlearn sh*t than to learn new things) when they were better off with a more conventional style

Cons

--50-50 split not worth it for a good trader... I get the biz of day trading, which is why I won't list "no gauranteed salary" as a con, but the split sucks and the technology+support does not make up for it, no matter how much they convince you otherwise --when i compare their "professional training program" to cheaper alternative education sites that a lot of retail traders use, i find it lacking... it's a sham to be selling this for $1000's of dollars when it hasn't been updated since 2009 most likely --best traders leave (like their former head trader GMan) --lack decent quant support in the NY branch (although you can contact people in Austin to help)

Explore other reviews about SMB Capital

5.0
Nov 27, 2024
Recommend
CEO approval
Business outlook

Pros

High upside pnl split allows

Cons

Tight drawdown when you start

1
4.0
Sep 12, 2025
Recommend
CEO approval
Business outlook

Pros

Great internship, learn a lot of new methods, easy to discuss with seasoned traders

Cons

Would at times be unorganized / lack of things to do

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