I think that's what other brokers call "fully paid lending program".

When somebody goes short in a stock, if the broker can't locate shares to borrow they will borrow stocks from accounts that have signed up for the FPLP.

I did this at Etrade. They split 50/50 the fee they get from the short sale. It was in the single digit dollars. I did not make more than $25 over the 5 years before I dropped out.

It's almost like the "you could win this car!" scratchoff flyers from a car dealer. What you actually get is a cheap piece of garbage.

It is only when somebody shorts a hard-to-borrow stock AND the broker cannot locate any lendable shares in any margin account that they reach out to accounts that have signed up for FPLP. Your chance of getting $5000 *ever* are the same as winning a car.

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