Recent content by joelwright

  1. J

    Contracts- Pay the balance of £200,000??

    Thanks everyone Thanks everyone for your replies. Do you think all these prop shops have ridiculous clauses in that exploit your self employed status?
  2. J

    Contracts- Pay the balance of £200,000??

    No i did mean daft contracts.....I haven't signed it. Are these 'prop shops' all the same do you think? They appear to have clauses over time spent at the company, money you have to make etc. etc.
  3. J

    Contracts- Pay the balance of £200,000??

    Daft contracts Technically I'm employed for 5 months when I'm paid a salary for training but after that I'm self-employed. As I said, I was offered basically the same job at two other firms, should I expect these daft contracts to come from them as well? Thanks
  4. J

    Contracts- Pay the balance of £200,000??

    No salary. Its a standard prop firm deal whereby you trade firm's capital, pay desk fees and then take 50/50 split. I can understand that they want to deter people form leaving to trade for another firm but I'm only 21 and if after a year or so I decided that I wanted to do something else with...
  5. J

    Contracts- Pay the balance of £200,000??

    Hi.....I have just received an offer from a city firm. I am 21 and recent grad. Upon reading the contract it says that should I leave within 3 yrs and have not made the company £200,000 (£400,000 with a 50/50 split) then I must pay the balance (so they get at least this amount out of me). Is...
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