Broad Street Proprietary Training Program/Fully Backed (www.broadstreettrading.com)
I don't live in NY nor have plans to go to NY for this training but thought other futures.io (formerly BMT) members might find it useful... Please use this thread to share your thoughts on their offerings.
The company will start all trainees in this program with $50,000 in firm capital and trainees will have access to as much capital as they prove they can handle. Broad St Trading, LLC will absorb all losses and trainees will start at a payout of 60% of profits generated monthly.
All trainees accepted to this program must be at Broad St Trading, LLC headquarters every morning at 8:30 am sharp and must stay until 4:30 pm, Monday through Friday.
Upon successful graduation from the program, trainees will be awarded their tuition for the program as a bonus and will be furnished with a full time prop contract with the firm.
Graduates will have the option of entering into a mentorship program to help new trainees meet their performance goals. Those selected for the mentorship program will receive a portion of the profits their group generates as compensation for their efforts.
View all courses here : Broad Street Training Courses
To participate in the screening for this program call 646-484-6606. You may fill out this request form to have a representative contact you. Inquiry Form
This program is only for people trading out of our NYC location and is not available for remote traders. Traders looking to trade remote must put up a retainer in addition to tuition, however these traders will receive 95% of their net profits. For information on remote trading opportunities call 646-727-9089.
I called and there tuition fee is 8,500 and upon graduation you will receive back your tuition along with a contract with the firm. The question then I asked was "what if you don't graduate?". The answer I got was treat it as a learning curve (tuition)!!! When you join the program you do start with 50k of the firms capital. 8500 seems to be their buffer to weed out non serious traders.