From what I know they have very high turn over. Kind of a churn and burn type of operation. Either you are writting alot of tickets trying to breakeven while making them money or else you will be out the door.
As far as training, the high turn over rate says enough.
I wouuld be...
Greatpoint Capital/Tower Hill Trading Disgorged profits from several traders on trades that each trader profitted over $100k. The rumor is after several weeks multiple traders who profitted over 100k on a trade were notified that the profits would be disgorged becuase they didn't get locates...
"what is the ideal rate for a brand new trader? would .006 be acceptable?"
.006 is never acceptable. Unless you are at Maverick/towerhill/greatpoint capital or what ever they call it now. That is the only place I know that charges such outrageous rates and tries to convince their traders...