I am an outright futures trader, but I would never consider trading with futex.
I had an interview with futex not long ago and an eventual offer, but they wanted me to pay £5000 for the training, needless to say this raised too many alarm bells for me, along with their laughable group testing procedure, and what I considered to be a very naive attitude towards trading... "we are the best at trading futures, our floor has the edge, our training will make you a all singing all dancing big swinging dick in under 3 months..." it just seemed like a bit of a prank.
I am an outright futures trader, but I would never consider trading with futex.
I had an interview with futex not long ago and an eventual offer, but they wanted me to pay £5000 for the training, needless to say this raised too many alarm bells for me, along with their laughable group testing procedure, and what I considered to be a very naive attitude towards trading... "we are the best at trading futures, our floor has the edge, our training will make you a all singing all dancing big swinging dick in under 3 months..." it just seemed like a bit of a prank.
There is a group testing procedure? They just give you tests, no?
Although Futex is a good firm and you can do well there, they are like anyone else; if youre good they want you, so of course they are going to sell 'the dream' to you. One piece of advice I would give is take what they say with a pinch of salt, it is very hard supporting yourself on no wage, workout your costings, travel, food etc...
I wouldn't discourage anyone from following their dream, so best of luck (just be realistic!)
You get £500 a month while demo'ing i heard.
Do you still work there pelzar? Any tips for the final interview? On a serious note if you had time to elaborate on your experiences I'd appreciate it; if I get offered the gig I'll be moving down from up North, so any advice you can give would be great.
The money isn't a lot, but it's not a big deal; having no money and being in the classroom all day... sounds like uni again!!
The only difference is that you won't get anymore innocent young lovelies to snog
I had an interview with futex not long ago and an eventual offer, but they wanted me to pay £5000 for the training, needless to say this raised too many alarm bells for me, along with their laughable group testing procedure, and what I considered to be a very naive attitude towards trading... "we are the best at trading futures, our floor has the edge, our training will make you a all singing all dancing big swinging dick in under 3 months..." it just seemed like a bit of a prank.
If youre a complete beginner you do, the likes of me and dante who had traded before (and went there with a track record) get nothing at all!!!
That's interesting - I'd got the impression that the track record was just "extra points" on your application, rather than a completely separate entry method. Do you mind saying how long your track record was when you got the job? And do you know what they would consider as a minimum track record?