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That is true. When I interviewed with them they explained that they were "an IT company that just happens to trade." The traders mostly do programming.

I think you should feel great for reaching 53. I took the test in Chicago (and failed) where you at least had to get 50 right. This is after the questions that were skipped or missed.

Some of the easy questions just involve finishing number patterns and picking numbers out of a group that are different. The more difficult ones are short story problems that test your quantitative thinking more than actual math skills.

I have. It is a quantitative thinking test. Trust me, there is nothing you can do to prepare for it - like most tests given by prop firms.

Thanks I will check it out!

Thanks for the help. I guess I did not realize that IB was strictly retail.

Actually I am not...but I can tell you that I am new to the business and am trying to learn as much as I can. I will assume your answer is no.

Does anyone know if Interactive Brokers offers any sort of training???? TIA

I live in Omaha. I am new to trading and am looking for close-by veterans for advice (not on trading strategies just on the business as a whole).

I guess I was refering to the prop firms where you get 100% of the payout (or close to it) and have to put up your own capital. Out of these specific ones which do you recommend?

Hi everyone. Taking into account all the factors (training, costs, commisions) what would be the best prop firm for a new trader with little experience? TIA