What do you guys think about those trading companies that require capital ontribution ?

[roni]

There are a lot of companies that do trading, if they take you, you provide some initial capital contribution, trade a little and if they like you, they hire you...

scam ?
do people really learn how to trade through these companies ?
Will this help to get a job at a trading desk at a big company in the future ?

 

[Andy Nguyen]

I don't have first hand experience with this but the business model sounds like that of NYC yellow cab renting business.
If you think you will get to the big league from this, it won't happen.

And do your homework Proprietary Trading Firms Directory

 

[alain]

There are a lot of companies that do trading, if they take you, you provide some initial capital contribution, trade a little and if they like you, they hire you...

scam ?
do people really learn how to trade through these companies ?
Will this help to get a job at a trading desk at a big company in the future ?

It's not a scam. It works really well for the company owners.

It works if you are one of the few that are profitable. You will learn since you are going to be doing it. You will learn too if you do it by yourself without paying anybody.

If you are successful, it will help but if you are successful, you probably don't want to join a big bank anyway.

 

[Dibbs]

Yeah, can't you just get your own trading platform at home ?