"Teletrade": reviews. "Teletrade": feedback from employees about working in the company

2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16

Today, in the context of a massive crisis, young professionals simply do not know where to apply the knowledge gained in universities. Freelancing has gained immense popularity - remote work on the Internet, and Forex trading has become a rather tempting alternative to a traditional career.

What is Forex

Surely every modern person has ever traveled abroad. The first thing you have to do when you arrive in another country is to run to the bank and change the currency. However, have you ever thought that with this simple procedure, you are influencing the global market and, without knowing it, you are participating in Forex trading, which receives mostly positive reviews? Teletrade is just one of hundreds of brokers promoting new investors to the currency exchange.

The very word "forex" came into our language from English and came from the merger of foreign (foreign) and exchange (exchange). As the name implies, the process of buying and selling currencies takes place on the exchange, but everything is not as simple as it seems. Reviews about"Teletrade" and other stock brokers do not reflect even a tenth of the truth that Forex trading is extremely difficult and risky. Every day your deposit is at risk, and you need to have iron nerves and an analytical mind to multiply the money that you have deposited.

Exchange trading

You have already understood that Forex is not only a banal electronic currency exchange, but this process is quite important and is simply gigantic. Imagine that some large company needs to purchase goods abroad. To do this, she first needs to buy local currency, and we are talking about tens of thousands and even millions of dollars! Imagine what a large-scale trade goes through "Teletrade"! Feedback from employees about working in the company is mostly positive, but there are cases of losing a lot of money, so you should work extremely carefully.

So, each currency has a certain exchange rate, which depends on the ratio of supply and demand. If a large number of people change their currency to the euro, then the euro exchange rate will skyrocket, and the trader's task is to earn on these exchange rate fluctuations. Particular attention should be paid to economic news, which can help to anticipate further developments in the market. However, it is not always worth believing the news, especially when the economic situation in the world is unstable and trends change. If we talk about the Teletrade broker, reviews about working in the company are extremely contradictory, since novice traders sometimes do not take into account important market trends,as a result, they lose money and blame their broker for everything.

The Benefits of Forex Trading

In the previous paragraphs, the term "broker" was often mentioned, here is a definition for those who are not familiar with this concept. A broker is an online currency exchange institution. Thus, you can earn money from the comfort of your home, taking advantage of changing exchange rates.

• Forex trading knows no geographical limits. You are not tied to a specific office or workplace. You can work anywhere you have an Internet connection.
• Forex works almost always, except holidays and weekends. You can easily build a work schedule in accordance with your own desires and preferences.
• You don't need a huge initial capital. You can open an account with just $1, such conditions are provided to customers by the Teletrade company, reviews of which, however, are rather contradictory.

Of course, getting rich overnight on Forex will not work, unless, of course, you are going to trade safely. However, with the right approach and a sufficient knowledge base, you are guaranteed a stable additional income.

History of Teletrade

The company was founded over 19 years ago and is still actively cooperating with traders and companies around the world, providing only the best service. The first achievement of the broker was the opening of a representative office in Moscow, after which Teletrade becameactively recruit and train its first employees and partners. Soon the company opened branches in Kazakhstan and Ukraine, after which it began to gain popularity in all CIS countries.

By 2000, the company developed its own program for working with the Forex market - MetaTrader, which made it possible to perform several operations on the foreign exchange market at once, monitor all changes in the exchange rate, and analyze the situation on the market. Thus, even more people saw how profitable work in Teletrade is. Feedback on successful trading began to come from new parts of the world, and soon the company opened representative offices in the Czech Republic and Turkey.

Until 2009, the company continues to expand and opens branches in almost all European countries, after which it receives an award as the best Forex broker. Then the company again begins to conquer new horizons and receive more and more new awards, and over time, "Teletrade" opens its own TV channel.

Today "Teletrade" is one of the most popular brokers and an actively developing company that tries to make the work of its traders as safe and comfortable as possible.

Reviews about "Teletrade"

Since there are a huge number of brokers on the market, beginners sometimes get lost and cannot choose the most honest and worthy firm. Of course, each company makes the most profitable advertising for itself, so you should not base your choice on information from the official website or representative office.

The most truthful opinion about the work of a broker can only be provided by ordinary traders who work there. Let's consider several different opinions, as well as the most common reviews about Teletrade.

Positive feedback

Many positive reviews help strengthen Teletrade's position as the best Forex broker, but you will have to dig a lot in the TOP brokers before you find Teletrade (LLC), reviews of which are very different.

Some employees claim that this is undoubtedly the best broker operating in the CIS. Users are pleased with the many options for replenishing the account and withdrawing earnings. According to them, the analytics is also at the highest level, you can fully rely on it in case of difficulties, moreover, you can trade successfully only on TT analytics.

Many traders face a rather serious problem, especially when Forex is an additional income - it is the inability to combine trading, main work, and even find time for the family. However, employees claim that Teletrade has solved all their problems, giving out excellent analytics. Every day, announcements appear on the site, which can be safely used as a guide to action. Of course, one must act prudently, and use any information carefully, however, for family people with the main job, TT has become a real panacea.

One of the small towns where Teletrade has a representative office,- Ivanovo. Feedback from office workers is also mostly positive. After completing the training, students open a real account. According to reviews, many Forex brings more money than the main job! Employees note the easy atmosphere in the team, where everyone is ready to help a newcomer and share experience, this is what Teletrade is famous for. The reviews also say that the company does not play with "left" candles on the charts, sets a normal spread and provides a bunch of tools for working in the terminal. Money arrives on time, without delay.

As many positive reviews say, "Teletrade" is a reliable and convenient partner that provides maximum convenience to its employees. It will be useful for beginners to read analytical articles and follow the advice they contain. However, there is another side to the coin…

Negative reviews

There are many rumors that Teletrade has recently been losing its position as a decent broker and resorting to new tricks in order to recruit a group for training and attract more people to work on Forex.

Former employees leave negative feedback about working at Teletrade, accusing the company of attracting employees by fraudulent means and violating several laws of the Russian Federation, including "On the protection of personal data". According to one of the reviews, Teletrade, without the written consent of the employee, enters personal data into its database that any employee can viewhigh-ranking companies, regardless of geographic location.

Moreover, the company publishes announcements for the recruitment of secretaries, managers and other positions that do not require special knowledge, after which it inclines applicants to undergo free training and trade on Forex as part of the Teletrade company, which provokes even greater resonance among potential and former employees.

Conflicting reviews

There are hundreds of true customer testimonials about working with various companies. Many interesting things are said about "Teletrade", the reviews are of a completely different nature.

Many novice traders had a sad experience of working in the Kiev office of Teletrade. Seeing the whole "kitchen" of the broker from the inside. According to reviews, each manager must fulfill a monthly plan for replenishing accounts, if this plan is not met, the person is either removed from his position or reprimanded. Pseudo-free training leads most students to merge the deposit, and the company's managers treat customers courteously only until the first replenishment of the account … Many reviews say that there are no smart people in Teletrade, and for those who can really teach trading, all this rigmarole is useless.

The main city for the Russian representative office of "Teletrade" is Moscow. The responses that the applicants who applied through the recruitment announcement found were only positive, which is why they decided to try for the position of an office worker. However, inDuring the learning process, it became clear that the company was simply luring people into trading in order to scam them for money. This category of people does not recommend contacting Teletrade.

There is also an opinion that in the company of beginners they really teach trading, there are also competent analysts, however, many beginners believe that successful traders would hardly teach someone and give valuable information, also for free. The training is carried out by people who have already burned out on the stock exchange and cannot teach anything useful. There is an opinion that almost everyone who has been trained in Teletrade steadily drains the deposit within 2 months. According to this category of reviews, a real trader does not need competition, he will quietly use his knowledge.

If these reviews about the Teletrade company are really true, then it is better to bypass this organization, but there is a possibility that all this is the intrigues of competitors, of which there are many in the exchange field. Whether to believe the negative reviews is up to you.

Rumors about "Teletrade"

The main negative reviews and claims against the company have already been voiced, however, among other things, there are rumors about the unprecedented obsession of the company's managers. After registration, within a few hours, the manager of the company contacts you by phone and offers various services: a profitable business, additional income, free education and, as a result, mountains of gold at your feet.

If you opened a demo account and abandonedwork with him, the manager also contacts you and begins to conduct campaigning work in order to attract you back to the business and persuade you to open a real account with the Teletrade company. Reviews about working at the company say that sometimes managers call from different numbers if a newcomer does not answer calls.

If you suddenly disappear from training, the manager will again call you to bring you back into the team, and it will be quite obsessive to persuade you to do something that you, in fact, do not need, since you left the training. This is where most of the negative reviews come from. "Teletrade" enters all your data into the database as soon as you come to the office or register on the site. Then employees begin active work and promotion of the client for money, after which they simply don’t care about you.

Should I believe the rumors

So, registration on the Teletrade website is extremely simple. As with any other application, you need to provide your real first and last name, country of residence, age, and mobile phone number. However, you will not receive any SMS with a confirmation code, the phone is needed to keep you in sight in case you change your mind about trading or simply doubt whether it is worth starting at all. As the numerous negative reviews about Teletrade say, the next day you will receive a call from the manager. Moreover, they will call systematically within 1-2 weeks.

Moreover, having a Teletrade office in your city, check for yourself if the rest of the negative reviews are true."Teletrade" conducts free seminars and training sessions, attracting young and ambitious young people to trade on the currency exchange. But how free and useful are they? Talk to the "graduates" of the training course and it will become clear to you how useful training in "Teletrade" is. Reviews of employees praising the broker's trainers are not entirely true. In practice, more than half of the "students" open a real account and successfully drain the deposit. Someone does it earlier, someone later, and this is a huge disadvantage of Teletrade. Feedback about the employer makes it clear that one's own knowledge of the laws of the stock exchange is also necessary.

How to choose a broker

Among hundreds of brokers, decent and not so, it is extremely difficult for a beginner to navigate, especially when it comes to such promoted brokers as Teletrade. Below are the main criteria that you should pay attention to when choosing a broker.

• Minimum deposit (you must be objective about your options).
• Reward from broker (spread or commission).
• Available asset classes (currencies, commodities, stocks and indices).
• Trading platform (the program for trading should be convenient and functional).
• Margin or leverage (allows you to trade positions well above your trading capital).
• Legal aspect (the broker must be subject to some kind of regulatory body. For example, in the EU it is the Financial Conduct Authority.

Sonow you know the main aspects of Forex trading and the problems that work in "Teletrade" can bring you. Reviews about the broker come both negative and positive, and it's up to you to decide which of them to believe. Successful trading!