what does FUTEX do ?

scose-no-doubt · Jan 12, 2012, 5:00pm

Quote:

Originally Posted by FUTEX

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?

FUTEX · Jan 12, 2012, 5:49pm

Quote:

Originally Posted by scose-no-doubt

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.

scose-no-doubt · Jan 12, 2012, 5:52pm

that's me told then.

N Rothschild · Jan 13, 2012, 2:44pm

futex check your pm's

spy74 · Jan 15, 2012, 9:19pm

does futex offer facilites/backing for trading FX?

FUTEX · Jan 16, 2012, 8:12am

yes

coronaextra · Mar 7, 2012, 8:22am

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!

victorzone · Apr 2, 2012, 2:11pm

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?

Jan 12, 2012, 5:52pm	#123
scose-no-doubt Legendary Member Member Since Apr 2010 4,551 Posts	Re: what does FUTEX do ? that's me told then. __________________ "What the **** is going on here?!" - Mickey B Looks like Scose be trollin' 'aaaaard tho... as far as some are concerned!

Jan 13, 2012, 2:44pm	#124
N Rothschild Legendary Member Member Since Oct 2008 5,317 Posts	Re: what does FUTEX do ? futex check your pm's __________________ "Let me issue and control a nation's money and I care not who writes the laws." Mayer Amschel Rothschild Bullsh!t, Bearsh!t all smells the same to me! "It is not cheap to develop automated systems , mine already cost over $1m. " oildaytrader

Jan 15, 2012, 9:19pm	#125
spy74 Senior Member Member Since Sep 2008 118 Posts	Re: what does FUTEX do ? does futex offer facilites/backing for trading FX?

Jan 16, 2012, 8:12am	#126
FUTEX Senior Member Member Since Mar 2006 158 Posts	Re: what does FUTEX do ? yes

Mar 7, 2012, 8:22am	#127
coronaextra New Member Member Since Mar 2012 1 Posts	Re: what does FUTEX do ? 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!

Apr 2, 2012, 2:11pm	#128
victorzone New Member Member Since Jul 2011 1 Posts	Re: what does FUTEX do ? 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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