Dear sirs, hello. I guess you know that according to US laws daytrader has to deposit $25000 minimum on his account to have opportunity to trade actively. But I know that today to trade US equities without putting $25000 on deposit many people open account in companies that have proprietory trading account, but are not licensed brokers: they are agents or mediators. Traders have their money on subaccounts at these companies and their trading looks like they trade company's money. And such companies: - opens subaccount for daytraders as low as $1000 or $2000 or $5000, - sometimes offer very competitive comissions, - offer high leverage if needed (10 or 20). If you here anything about such companies could you please advice them and give brief comments about them. As I understood, such cooperation is risky because actually trader is not owner of shares (this company - is), such company could disappear with all money )) and so on. But may be you know who works good among such companies? Thank you very much for your comments.