Depends on where you are..Euro office I think is around 30k plus (euro) guaranteed 25k bonus at end of year..Syd office is $AU90k and performance bonus..I believe that Euro office is bringing their salary into line with the equivalent Syd salary..so I suppose it depends on your financial situation, location etc. If you are not a graduate, you will not want ot be too long out of uni or they will not consider you anyways, they want young quick minds that they can mould (and to an extent exploit)
Further to posts above, the training period is 'intensive' and then you either perform (ie. get the theory, and dont make big botch trades or mistakes) or you will probably not last too long. They dont mind sorting the men from ther mice early and cutting their loses if they dont think people are going to cut the mustard.