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I'll give you the short version : Yes.

I don't know every one of them, but Global which you've been asking about, has been around for 3 years or so. Never heard any complaints, in fact I know a few guys that are setup over there.

Most of the firms that were started in Quebec and Montreal were basically profitable traders from either Swift Trade or Title (mostly Swift) that have gone to greener pastures, and some have started their firms to compete with the lower payouts of Swift/Title in Canada. That being said, I...

Sub-pennying is extremely frustrating/annoying to witness, especially in stocks like C as the author mentions.

Isn't there ? It's like Quebec is becoming a micro-capital of prop firms ;p

Actually that is what I meant, but I misused the word "hire". I will correct myself.

Search "global market trading" kijiji in Google and you will find ... nothing. On what are you basing that comment ? I think Global makes it clear that it wants experienced traders, and placing job ads would be the last way to do such a thing.

Right. Well you can get a pretty decent deal with a small deposit at a few firms out there. Not many that will ask for no cushion though.

By trading firm's money, do you mean : - Absolutely no deposit. or - Small deposit (3-5k) with anywhere from 100k to 1M BP. In my view, those are pretty much the same, but it got me to wonder when you expressed such interest.

oh hi ! I wasn't naming firms because I'm not here to advertise. Many canadian firms will offer what I previously stated. Golden, Global Market, Title, etc (BUT !) They are usually after proven profitable traders.

What is with the misinformation folks... There are a handful of firms that offer 65%-75% payout and charge 0.20 per 1000 (or .02 per 100) and you can trade whatever the heck you want, as long as you don't blow your deposit.

What seems to be fishy ? Take good note that many firms offer 2 cents /100 (0.20/1000 shares) and payout much higher than 50%.

There are a few, but that doesn't mean that they will teach you how to trade. Firms who make nada on commish will usually look for established traders. Or there's Swift.

Deposit in relation to BP and stop loss is extremely dependent on a trader's track record IMHO.

I'm pretty sure there are firms out there with less-than-5k requirements. But they might only take on experienced traders. Global and JC come to mind.

The bare minimum. 2-3k

Yeah and I bet they charged you 20 cents per 1000 shares and gave you 50:1 leverage, too.

Why would you go with a deal like that if you can get by with a fraction of that deposit and lower fees ?

There are many prop firms out there that require a capital contribution and take a cut of the profits. - Charging 0.20/1000 and the bare minimum monthly fees (Sterling + exchanges), how else can they make money if they do not get a cut of a trader's profits ? - For many firms, their share...

I've never heard of someone getting their BP lowered, not at the majors in Canada anyway. The only change they would make would be up, and that usually never happens unless you request it.