Avatar Securities

Avatar's Manhattan Trading Floor

FAQS

Frequently Asked Questions

The following is a list of the frequently asked questions our proprietary trading firm receives. If you have more specific questions, would like more detail, or are a professional trader and want to express an interest in trading on Avatar’s prop trading desk, please contact us.

What will my responsibilities be as a trader for Avatar Securities?
Traders with Avatar are responsible for trading and that’s all. You will not be charged with menial tasks; your only task will be to learn, to trade responsibly, and to trade with discipline.

Do I receive a salary if I trade with Avatar Securities?
Avatar traders are paid on performance only. Compensation is based on each individual trader’s net profit and loss.

I don’t live in the New York City metro area or Chicago. Is remote trading available?
Absolutely.

I am an professional trader representing myself and several other traders who would like to join Avatar Securities. Can you accommodate us all at once?
Yes. Avatar understands that traders sometimes move as individuals and sometimes as a group.

Is Avatar Securities a Broker-Dealer?
Yes. Avatar Securities, LLC is a CBSX member firm, we fall under the supervision of CBOE. We are a proprietary trading firm only. Avatar Securities, LLC does not accept retail or customer accounts.

Is Avatar Securities an independent firm?
Yes. Avatar is completely independent and maintains relationships with multiple software providers.

When and how will I be paid?
We generally pay traders on the fifth business of day of the following month. Traders are only paid by Avatar Securities directly.

Does Avatar offer a health plan?
Yes. Avatar offers its traders the ability to opt into the Oxford Freedom Plan, a non-referral premier health plan. It is available to in-office and remote traders nationwide.