Forex Trader Job Description

Hi all,

I recently saw a forex trader job ad with these descriptions:

-Traders would be required to manage clients funds.
-Training will be provided
-Purely commission based, traders make 40 percent of all capital gains for clients.

Is that typical pay/benefits of a forex trader's job?

No. As a fund manager you'll get a 20% performance fee and 2% managment fee. That's business standard.