Pros
Are there any? I can't think of one.
Cons
Where to even start....
1) Their business practices are completely illegal and fraudulent. They are based out of the United States and "trade" (note about that later) on cryptocurrency option exchanges that are banned in the United States by falsifying KYC documents. They have already been sanctioned for this.
2) They lose money every single month. The firm has never been profitable. The firm has zero trading strategies in production. They just join the top of the book for alt coin options to try to collect rebate program rewards but they end up getting blown out because obviously that doesn't work.
3) The firm has zero capital. As of January 2025, the firm was "trading" with under $30,000 on Binance. No, that was not a mistake. You read that correctly. The AUM is literally just the founder's (small) PA.
4) The founder is a complete doofus who lies about his background. He tries to market himself as a former QR desk head at Tower Research Capital but that's just beyond false. He can't code at all (can't even use Pandas) and frankly has less knowledge about the stuff the firm "trades" than interns at bottom tier firms. He's worked at a few firms and the past 4 that he's worked at he's all been fired at within just a few months. His level of incompetence is actually beyond unbelievable- stuff from not understanding how percents works, not even knowing what a contract multiplier is, the list goes on....
5) The workplace is beyond toxic and is a revolving door of underpaid interns. They've probably had close to 10 interns quit in the past year, some of which all quit within the first two weeks. The founder is abusive and screams and yells at interns when he doesn't understand basic stuff (like calculating a percentage).
There is a reason why almost all of the interns won't even list Albatross on their resume- it's a negative value add.