I was surprised as well. Before joining I searched these forums trying to learn about the company that I was joining. Everything that I found was positive and to my knowledge Marex never had any problems before our course. I'm sure people that couldn't make it do leave bitter posts on these...
Marex sent me a letter saying that if I defamed them in any forum they would take legal action against me.
I honestly believe that simply publishing that letter and letting people see the menacing nature of it would hurt them more than any of my opinions.
A company can't act like they have and get away with it. Starting a thread like this and taking legal action is entirely necessary and not even time consuming.
Never put money in, never traded live. The problem is that I was told that I would trade live after two months and that I would never have to put my own money in (except for gross negligence/drunk trading etc). This didn't turn out to be the case. I received no compensation for loss of earnings...
We didn't pay for the course and its hard to say whether we would have made enough to make a living as we were only making profit on the trading simulator. Going by the statistics of course graduates I would say we probably wouldn't have made money.
Please see the original job description:
The...
This comment is made as an opinion based on primary experience and accurate fact:
Just received a letter from Marex's lawyers that essentially allows me to sue for harassment as well as my other complaints. Bare in mind that I haven't signed any contract:
"Our client considers your decision to...
Initial terms: 50:50 split, no liability for losses, no desk fees for six months. I was offered 100% liability for losses and no guarantee that desk would be subsidised at all.
I had six weeks of excellent tuition when I first joined. Macroeconomics, trading psychology, price action, technical...
Don't join this program. You will be responsible for 100% of the losses and only receive 50% of the profit.
I was on the program and was lied to about when I would go live and how much desk fees I would pay.
I resigned recently after four months of working there. I am now taking legal action...