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Futex Price Ladder Training
Started: by KelvinKing Views / Replies:10,058 / 69
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Futex Price Ladder Training

  #31 (permalink)
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xplorer View Post
Thanks for the clarification about Futex Live being their platform.

Still, if they are into administration, I hope you don't have any of your own funds deposited.

No I don't, I think the spat they are having now with this trader is someone that was on contract with them. I'm only taking their course.

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  #32 (permalink)
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NGtrader View Post
No I don't, I think the spat they are having now with this trader is someone that was on contract with them. I'm only taking their course.

Ok I'm glad.

Do they provide daily live commentaries, and if so, have they talked about what's going on??

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  #33 (permalink)
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xplorer View Post
Ok I'm glad.

Do they provide daily live commentaries, and if so, have they talked about what's going on??

I don't know because I haven't watched their commentaries yet. They do provide live commentaries but they are at a time when I am asleep since I'm in the Pacific timezone.

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  #34 (permalink)
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NGtrader View Post
How news about Futex affects FutexLive - FUTEXLIVE

How news about Futex affects FutexLive

In a word, it doesn’t. While FutexLive began life as a spin off from Futex’s successful trader training programme, it has been independent from its inception two years ago.
FutexLive is committed to delivering high quality trader training to help you achieve your trading goals any time, any where - there’s no change there either.
FutexLive still leads the field in accessible, expert-led trader training.
Come and find out for yourself - new courses begin on Monday 6th June.


It doesn't affect those in the course. Their drills are still ongoing.


NGtrader View Post
I am referring to Futex. Futex Live is their platform.

Even if they went into administration last month they can make arrangements to keep operations going.

On reflection, one thing doesn't make sense to me: in the first quoted post FutexLive is represented as a 'spin off' from Futex, and as independent from it.

Yet in the second quoted post you say FutexLive is their platform - which would then infer that the platform FutexLive is an integral part of Futex, in which case they would not be independent.



What gives?

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  #35 (permalink)
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xplorer View Post
On reflection, one thing doesn't make sense to me: in the first quoted post FutexLive is represented as a 'spin off' from Futex, and as independent from it.

Yet in the second quoted post you say FutexLive is their platform - which would then infer that the platform FutexLive is an integral part of Futex, in which case they would not be independent.



What gives?


I'm not sure, maybe once things took off with the educational part of it, they could have incorporated FutexLive separately to create a separate legal entity. This way it would shield FutexLive from lawsuits involving Futex. Well, that's how the law is on this side of the pond anyways.

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  #36 (permalink)
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NGtrader View Post
I'm not sure, maybe once things took off with the educational part of it, they could have incorporated FutexLive separately to create a separate legal entity. This way it would shield FutexLive from lawsuits involving Futex. Well, that's how the law is on this side of the pond anyways.

Another scenario could be that their platform is called FutexLive and they decided to call their trading arm FutexLive too.


Anyway, enough speculation from me. No doubt we'll hear more news soon about what's going on...

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  #37 (permalink)
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xplorer View Post
On reflection, one thing doesn't make sense to me: in the first quoted post FutexLive is represented as a 'spin off' from Futex, and as independent from it.

Yet in the second quoted post you say FutexLive is their platform - which would then infer that the platform FutexLive is an integral part of Futex, in which case they would not be independent.



What gives?

I have just come across this video from last year where one of the 'directors' clearly states "Via Futex and we've got a subsidiary arm called Futex Live" - this is relevant video portion https://youtu.be/OicWlPpjBZQ?t=140

Full video


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  #38 (permalink)
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BTW Brannigan from Futex will be doing a Jigsaw webinar on Futures.io next Tuesday:

https://futures.io/traders-hideout/39603-webinar-trading-within-context-art-form-trading-w-brannigan-barrett.html

I think it's worth attending.

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  #39 (permalink)
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Brannigan is now with a new prop firm.

We were supposed to have a live drill this morning but no message even though signed into the live terminal.

I tried to email them last week to ask about July schedule, nothing and email bounced.

I think Futex is done. I also have to find a way to get at least a partial refund, I did not get all the training I needed, was supposed to get another month of drills since I signed up in mid-May.

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  #40 (permalink)
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Second morning there was no drill when there was one scheduled. My calls are not being returned and when I call it always goes to voicemail. They are also no longer answering questions in live chat.

Very poor customer service.

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