Arizet Labs has publicly launched The Desk, a no-challenge trading career platform that attracted over 6,000 traders and processed more than $3 billion in notional volume during its first week of soft launch. The platform represents a fundamental shift from traditional retail prop trading models by eliminating upfront evaluation fees.
Every trader receives a free $10,000 Open account immediately, allowing them to build verifiable track records, compete in live trading Rooms for prize pools, and access Daily Funded Sessions priced at $29.95 for one-day payout eligibility. As traders demonstrate quality performance measured by the platform’s proprietary scoring system, they progress toward Junior and higher funded membership tiers.
Chief Strategy Officer Shervin Arian stated the challenge-fee model made failure too central to the business model. The Desk instead focuses on progression through transparent quality metrics rather than pass-fail assessments. The platform offers immediate earning opportunities through competitive Rooms and daily funded sessions with profit shares determined by risk-adjusted performance scores.
FXnCO Insight
This launch signals potential industry disruption as free-to-start models with performance-based progression could pressure traditional prop firms charging recurring evaluation fees.
Source: Finance Magnates