Professional firms which require licensing and provide 10:1 margin should also offer various trading features to achieve elusive success, like bullets, conversions, 25:1 margin/100:1 margin, high share trading volumes and most importantly low fees. Pseudo professional firms require licensing and provide 10:1 margin, but treat you like secondary client accounts and hold your principal in an omnibus account. Other detrators to this include their business strategy which essential hinges upon their ticket charges and frequency of cajoling its traders/LLC members into excessive trades. Through high ticket charges, they make it whether you personally succeed or not, and certainly aren't setup to offer advantages like bullets, opening only trades/margin, conversions or the like. which firms can you classify and where do they stack up in the equation?