In the interest of anyone who is looking for information about SFG trading, I have decided to start this thread to summarize my experience with them - and provide a thread title that would show up in online searches so that those researching can find this. I had started another thread - but I wanted to do this one in order to clearly summarize the issues with SFG trading for anyone thinking of signing up with them. If for some reason this is not allowed, I can transfer this post to my other thread. So here is a quick rundown of the facts if you want to "trade" with them: -they appear to accept anyone - i did a fake application of a candidate who said they did not like taking a stoploss, would take large positions, and thinks tesla and apple should be held for a long time(i don't know how bad I could make it) but got the same reply that the application had been "assessed by the risk management team" and had determined that you are a "qualified candidate" -You are asked to sign a contract that has a noncompetition clause of trading with another company for 2 years -You do not get level 2 data, but they say you can get it from a 3rd party provider -You get a limited basket of stocks to trade, low beta, high volume type stuff -You have no control of position sizes - 100 shares only whether trading $5 or $200 stocks -You pay $150 bucks/month for level 1 data. The data provided for me at least was lousy - using Sterling trader, with no more than 4 charts open, data would lock up at the market open when trying to view the action of different stocks and flip through charts - this had never happened while I used Sterling with retail brokers - the data was always fine -they close on all Canadian holidays - you can't trade when American markets are active on these days - many serious traders I know would still like to trade on these days -They tell you you are trading with real $$$, though I lost more than the "data" fee I paid and was allowed to keep going - seems strange since they appear to take anyone -Limit orders, 25 min trades/day. 5 min. holding time, are encouraged in the guide they give you - however this was never enforced with me -Someone said on another thread that they would not meet at an office, but only at a local bar. How does it add up? Its a little hard to say exactly, but anyone letting you trade real money would want in my opinion to give you half decent data and tools to work with. Further to that, stock selection, proper position sizing are critical elements of success to the intraday trader. While this could be seen as their "risk management" it is also a setup for failure IMO to not be able to build a winning position or choose an appropriate stock with a good news catalyst. Seeing as they are well placed in search engine results when looking for remote prop trading, i would suspect they do get a high number of applicants who see it as an opportunity and say what the heck to paying $150 bucks to try it out. There is then an argument that can be made that they are trying to generate income from the data fees, and a high volume of applicants. Further to that, there are serious questions if you are trading real $$$ or just a simulator. (might explain why they won't provide first hand level 2 data where you could see their ECNs) Anyhow, everyone can be their own judge, but this sums up my experience and I hope it can be of some help to anyone researching trading with them.