Thanks for the suggestions - I'll have a read about those firms. If a license is necessary then it's not really a major issue and I was just trying to save myself some time.
The website lists 70-90% payout:
http://www.cygrouponline.com/cygroup-programs.html
Also, it sounds like the $5K/$10K/$15K you pay is is a fee rather than a deposit so if you break even you lose that. Is that correct?
I was looking for a firm that works like a normal brokerage (deposit...
I've been reading about prop firms for internet day trading with less than $25K and have found that most of them base their service on Genesis Securities.
Are there any internet trading prop firms that use Interactive Brokers?
Thanks for any suggestions you can offer.