Minh Trần: "I find strong motivation working with SpiceProp"
Minh Trần, Head of Affiliate at SpiceProp.
Can you tell us about the specifics of the financial market in Vietnam?
Vietnam is developing at record speed, becoming an attractive destination for many international corporations. The government’s favorable investment policies have significantly improved living standards in the country. Real estate, business opportunities, and financial assets designed for investment are becoming increasingly popular.
According to statistics, Vietnam has been among the top three Forex trading countries in terms of volume over the past 5–7 years and could become a strong foundation for such trading in Southeast Asia.
How would you assess the interest in prop trading?
Traders often experience FOMO (Fear of Missing Out) and difficulty controlling their emotions, which are major reasons for losses. With the market's development, retail investors have become more cautious and are focusing more on education. These factors create significant opportunities for prop trading, which aligns with return and startup expectations, educates traders, and mitigates fears of large losses.
Prop trading is an ideal learning tool for beginners and a promising product with great potential.
What makes SpiceProp attractive to partners?
Although the SpiceProp brand is relatively new to the market, our management team consists of seasoned professionals with many years of experience in the financial industry. We offer effective solutions for our partners, including flexible products, a sustainable platform, and a high profit-sharing percentage.
What are the three major advantages for your partners?
- Trust as the Core of Our Business. Local offices give us a unique advantage, fostering trust with our partners and creating a sense of community.
- Technical Sustainability as a Key Priority. Our platform is recognized by partners for its reliability and flawless operation.
- 24/7 Support. We maintain constant communication with our partners through our local offices, providing quick and effective resolutions to any issues.
Could you describe a modern prop trader?
A modern prop trader is a driven individual who understands the potential of the financial market and is willing to invest significant time, even if trading is a secondary source of income. They continually undergo training to enhance their trading skills, set clear goals, and are open to sharing their experiences.
With these goals in mind, SpiceProp finances the Finmex educational project, which attracts prominent influencers and their audiences from the investment sphere. This global initiative brings together professionals ready to share their knowledge and experience.
SpiceProp also organizes workshops and short-term courses for traders in our local offices, fostering a powerful and effective trading community.
Who is more inclined toward prop trading: men or women?
The balance currently favours men, who make up 75% of prop traders, while women account for 25%. Remarkably, the first SpiceProp client in the Asian region was a woman, highlighting the broad appeal and inclusiveness of this product in the region.
What inspires you in work and leisure?
I find strong motivation working with SpiceProp. It provides me with a stable income and allows me to be surrounded by colleagues who share the same values and passion. This is a powerful source of inspiration.
My family, of course, is my cornerstone. They offer unwavering support, helping me overcome challenges and look to the future with confidence.
