Ok, here's an update now that I've been trading at Worldco for several months now. Gross profit = $166,000 Net profit = $94,000 (My trading style is more scalping) I have had my commission rates cut to 0.0078 cents per share. Still no ticket charge. My payout has been increased to 99.5% of net profit. My share size has been increased to 25,000 shares, 50 positions. All of this without having to put down any capital. I've been offered 401k/profit sharing. Again, this firm does not charge desk fee. (don bright, beat that!) For the amount of capital they allow me to trade and on top of that the extra incentives such as profit sharing, I TOTALLY don't mind giving them 0.5% of my profits. Granted I started with one of the best traders at the firm, but that's where my previous credentials helped me out (Ivy Grad, solid work history at major bank) I simply can't see myself trading at any other firm. It's a shame how some of the "retail" outfits that call themselves proprietary trading firms out there fool people into dropping 25k to trade and struggle with other novices...it's a slap in the face how some of them charge extra for training. On top of that, they end up paying more in commission since they are not self-clearing.