Futex Reviews

Updated Nov 3, 2019

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Found 18 of over 23 reviews

3.4
60%
Recommend to a Friend
71%
Approve of CEO
Futex Managing Director Mark Rossi (no image)
Mark Rossi
10 Ratings

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  1. 5.0
    Former Employee, more than 1 year

    My review

    Nov 3, 2019 - Trader in London, England
    Recommend
    CEO Approval
    Business Outlook

    Pros

    I had a good time at futex, poker nights, dinner parties and great development

    Cons

    Its up to you how far You will go

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  2. 5.0
    Current Employee, more than 3 years

    Derivatives Trader

    Oct 17, 2019 - Derivatives Trader in London, England
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Work on your own with the great environment

    Cons

    Risk Management Pressure should reduce

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  3. 4.0
    Former Employee, less than 1 year

    Great training for the serious trader

    Apr 17, 2017 - Trainee Trader in London, England
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Studied full time to become a futures trader. Very in depth training,one on one coaching and strategies that actually work. Couldn't have done it without them

    Cons

    Office is small & no job afterwards . Intermediate knowledge level required before taking course.

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  4. 2.0
    Current Employee

    A real REVIEW!

    Sep 15, 2015 -  
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Futex provides a training atmosphere for you once you arrive and it is intense. Once the course was completed you are left to your own devices in order to "come up with your style of trading" At first this comes across well as you're on the SIM BUT once you go live be prepared to change that style as management frequently interferes with it for every trader. When the Navinder Singh Sarao case hit the airwaves a rushed attempt to cover those topics were made a few days later for which we were made to sign a document stating we received the appropriate training which was false. My take learn what you can learn and find a real firm.

    Cons

    There are fundamentally two core strategies that the firm has and any deviation from there is not met with the appropriate mentality. Be prepared to be berated rather than nurtured as you move from sim to live and develop your trading. Much of the stream is one of management complaining, nagging, like a woman about you not taking his trades, after a while this becomes a psychological drain. Most traders have left due to this one person and that speaks volumes.

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    10 people found this review helpful
  5. 3.0
    Current Employee, less than 1 year

    Prety intense

    Jul 2, 2015 - Trainee Trader in Woking, England
    Recommend
    CEO Approval
    Business Outlook

    Pros

    You learn a lot in a really fast way. The work is intense, but it is really interesting if you like this stuff.

    Cons

    Your job has to be your hobby in order to survive. Be prepared to borrow parents' money for about a couple of years. Mark Rossi is a really stupid dude, I strongly recommend deal with him least time as possible.

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    2 people found this review helpful
  6. 2.0
    Former Employee, more than 1 year

    Futex trainee trader

    Mar 23, 2015 - Trainee Trader 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    You learn a surprising amount. I have learnt about workplace politics, a good amount of financial knowledge and I have learnt a lot about trading.

    Cons

    their is a ridiculously high starting fee. A FEE! And the contracts are ridiculously hard. The mentor-ship after the initial training is severely lacking and I definitely needed more help.

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    5 people found this review helpful
  7. 5.0
    Current Employee

    Futures training at Futex

    Feb 20, 2015 - Trainee Futures Trader in Woking, England
    Recommend
    CEO Approval
    Business Outlook

    Pros

    - I was advised by a number of current 'local' traders to apply to Futex to begin my trading career due to their established reputation in the market and the seriousness with which they take on and train candidates. If you want professional and proven trading training to set you on your way then Futex is definitely the place for you. - There are a number of other 'Prop Firms' who are more than happy to take anyone on but you will be paying for the privilege. At Futex they take on serious candidates who they believe have what it takes to make it and do not charge anything if you are willing to commit to trading with them. Still no guarantees of course as you will need to prove you are capable! - If Futex think you are good enough they will back you with their own money. If they weren't confident in their ability to train new traders do you think they'd put their own money up!? Remember with other 'Prop Firms' where you pay to train, you will effectively be trading with your own money to prove yourselves! Minimal risk on the company's part. - All the management team are supportive and we have access to new and experienced traders alike who are more than happy to talk about their methods and views. - Office right next to the train station so easy to commute (depending on where you live of course!)

    Cons

    - Get ready for some early starts! (Free coffee is available in the office!) - Note to potential applicants - trading is very hard so don't apply if you think you're going to make money just by pressing a few buttons!.You will have to work hard to be successful.

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    2 people found this review helpful
  8. 5.0
    Current Employee, less than 1 year

    Futex Grad Training programme

    Feb 20, 2015 - Junior Trader in Woking, England
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Access to an abundance of knowledge of the trading industry as a whole. Giving you the best opportunity to make it as a day-trader. Office is open plan and laid back with friendly helpful traders with great knowledge to allow you to develop further as a trader, whilst having great access to technology (both hardware and software - NB the newly launched FutexLive)

    Cons

    Officially one is self-employed so i suppose the main con to working with Futex is that you must sustain yourself for a minimum of 3 months but after that earnings potential is essentially limitless.

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    1 person found this review helpful
  9. 5.0
    Current Employee, less than 1 year

    Futures Trader Trainee

    Feb 20, 2015 - Futures Trader Trainee in Woking, England
    Recommend
    CEO Approval
    Business Outlook

    Pros

    I have only been here for a short period of time, but my first impression is very good. Futex really put an effort into trying to make you succeed as a trader. They provide you with every thinkable tool (books, performance coahcing i.e. mental awareness, teaching of how to interpret news, newsletters, squawks....) The coaches and mentors are very open, and you are always welcome to ask questions if there is stuff you don't get.

    Cons

    You will have a long time without a salary, which can be challenging, in fact you can be here for a very long time without earning any money. You will be busy from you wake up until you go to bed, this is certainly not an eight hour job. Many days you will be working 10-13 hours a day.

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  10. 5.0
    Former Employee, less than 1 year

    This is a great place to learn trading

    Feb 20, 2015 - Junior Trader in Woking, England
    Recommend
    CEO Approval
    Business Outlook

    Pros

    You have a chance to work with a professional traders

    Cons

    Long work hours during the day

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