what does FUTEX do ?

This is a discussion on what does FUTEX do ? within the Trading Arcades forums, part of the Trading Career category; Originally Posted by FUTEX However, we would considr taking on someone who achieves highly, even if they 'scored' lower than ...

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Old Jan 12, 2012, 5:00pm   #121
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Quote:
Originally Posted by FUTEX View Post
However, we would considr taking on someone who achieves highly, even if they 'scored' lower than expected in these tests.
If they achieve 7k into your coffers, you mean?
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Old Jan 12, 2012, 5:49pm   #122
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FUTEX started this thread
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Originally Posted by scose-no-doubt View Post
If they achieve 7k into your coffers, you mean?
No. Futex sponsor traders. Its hugely expensive, to sponsor new traders. We give £500 per month to our sponsored students, not the other way round. Two and frequently three staff are put to this resource. Then we put up considerable funds for them to trade with. The audited cost of our training comes out as a multiple of the figure you gave.
I assume you have no really followed this thread closely, the discussion was not about the minority who pay for our expertise.
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Old Jan 12, 2012, 5:52pm   #123
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Default Re: what does FUTEX do ?

that's me told then.
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Old Jan 13, 2012, 2:44pm   #124
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futex check your pm's
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Old Jan 15, 2012, 9:19pm   #125
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does futex offer facilites/backing for trading FX?
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Old Jan 16, 2012, 8:12am   #126
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FUTEX started this thread yes
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Old Mar 7, 2012, 8:22am   #127
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Hi,

To anyone with the direct experience; would you be willing to provide some insight in to the format/questions that are likely to be asked during the Futex 1st round interview?

I realise there are other threads concerning this - but most are extremely old and/or immediately descended in to a flame war about the pro/cons of Futex as a firm.

Much obliged!
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Old Apr 2, 2012, 2:11pm   #128
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Hi FUTEX,

Can I ask you two questions?
When the graduates successfully finish your trainee course (Trading Academy)
1.are they still being paid 500 pounds per month or only receiving split earning?
2.do they need to pay your trading floor fees and how much is it annually?
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