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Why does Raen charge fees for the assessment?
R
Written by Raen Team
Updated over 3 weeks ago

The Short Answer

There are real, tangible costs involved in professionally evaluating unproven traders. The monthly assessment fee serves two clear purposes: as a filtering mechanism for serious candidates and to offset the substantial operational costs of running an institutional-grade trading environment.

The Complete Picture

Our Core Business Is Institutional Trading, Not Assessment Fees

First, let's be clear about what Raen actually is: a proprietary trading firm whose core revenue comes from the performance of experienced professionals managing substantial allocations. Our revenue is generated through profitable trading—not from assessment fees or transaction volume.

Our trading desk already comprises experienced traders recruited from selective institutions like Point72, Gelber Group, and Jane Street. These professionals manage substantial allocations and generate significant returns right now. A single elite trader from these firms can produce returns that dwarf the combined output of hundreds of retail traders—this isn't hyperbole.

Why We Created This Assessment Pathway

We recognize that genuine trading talent exists outside traditional channels. There are exceptional traders who've developed real expertise beyond conventional paths—individuals who would never be discovered through traditional recruitment.

We could easily continue hiring exclusively from traditional channels (STEM degrees, institutional experience), but we've created this assessment pathway to uncover hidden talent beyond the conventional profile.

Real Costs of Professional Evaluation

Running an institutional-grade assessment environment involves substantial expenses:

  • Institutional trading infrastructure - Professional platforms (e.g., Trading Technologies) that cost significantly more than retail alternatives

  • Institutional data feeds - Live market data, squawk services, and professional-grade analytics tools

  • Compliance and risk management systems - For perspective, even a trading firm operating with under $100 million in capital requires approximately $700,000 annually just for trade surveillance infrastructure

  • Risk management oversight - Experienced professionals monitoring trading activity in real-time

  • Mentorship resources - Senior trading experts providing guidance and development

  • Virtual office environments - Collaborative professional trading spaces

  • Administrative and operational costs - The infrastructure to manage and evaluate multiple traders simultaneously

The Assessment Fee as a Filtering Mechanism

Without an assessment fee, our program would flood with uncommitted applicants:

  • Diluting resources available to serious candidates

  • Reducing the overall quality of the cohort

  • Creating an unsustainable cost structure

The fee ensures candidates demonstrate genuine commitment and understand the professional nature of the opportunity.

Industry Comparison & Transparency

Many firms in this space use open assessments primarily to profit from transaction fees, evaluation fees, or subscription models. Raen explicitly does not operate this way.

The fundamental difference is in our business model:

  • Funded trader programs: Generate revenue primarily from evaluation fees and repeated assessments

  • Raen Trading: Generates revenue from successful institutional trading with aligned incentives

Full Fee Refund Demonstrates Our Intent

To underscore our commitment to trader development rather than fee collection, we fully refund all monthly assessment fees upon your first successful withdrawal on our live Junior Desk. This policy clearly demonstrates that our focus is on identifying and developing profitable traders, not collecting assessment fees.

A Matter of Alignment and Economics

The assessment fee creates aligned incentives. We're investing substantial resources and taking real risk on unproven traders, while participants demonstrate their serious commitment to the opportunity.

Opening talent discovery globally creates real operational demands:

  • Substantial investment in infrastructure and systems

  • Risk capital allocated to unproven traders

  • Extensive regulatory and compliance requirements

Who This Assessment Is NOT For

If the monthly fee itself is a significant barrier, this pathway probably isn't the right fit. Raen seeks traders who clearly recognize the long-term value proposition:

  • Access to serious institutional capital

  • Superior economics (100% of first $250,000 in profits)

  • Professional infrastructure and development resources

  • Industry-leading mentorship

Takeaway

The assessment fee:

  • Ensures committed participants

  • Offsets substantial operational expenses

  • Is fully refundable upon successful advancement

  • Reflects genuine professional-level costs—not revenue generation

We're direct about what this means: if you're not confident in your ability to demonstrate consistent, risk-adjusted returns, this pathway isn't for you—and that's perfectly fine. We'll continue building our desk through traditional recruitment regardless.

Our assessment isn't about selling dreams or collecting fees; it's about creating sustainable economics to discover exceptional trading talent.

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