I've witnessed this with several firms recently: No matter what amount of experience you have, they REQUIRE you to take their "training course" at a cost of several thousand dollars. After that, they "let" you trade the firm's capital. Of course, you know the rest of the story. If you start to lose their money, your BP will be cut to around $5000 which will allow you to trade around 150 shares of GE. This gives you the potential for about $50 per day. But wait ! Then you must give them half of that. What a great deal !