You can find various information about TeleTrade on the Internet. There are people who claim that people from the named company constantly lie to their customers. How does this happen?
TeleTrade and charges
For more than 10 years, representatives of the company have been using such a technique as an offer of a non-existent job. In theory, you can get a job as a secretary, financial analyst, office worker. Interestingly, there is even an indication of the award received for the fight against unemployment. Although, in fact, TeleTrade is listed on many blacklists of employment firms. The purpose of posting a job advertisement is to lure the victim into the office.
All victims recruited by TeleTrade through the official website are sent for “training”. Such a technique is necessary to buy time. This resource allows you to observe a person and understand how large he has at his disposal. For what? To assign them later.
While the so-called “training” lasts, dishonest businessmen are trying to find out what kind of machine the potential victim is traveling on, where exactly the applicant worked, whether he has influential relatives. The crooks need to make a psychological portrait of the victim.
Divorce scheme in action
One of the most effective ways that is used is to demonstrate your own success, and stories about the success of your clients. Potential victims are told that after a short period of time, they will only think about how to spend the money they earned. If the process of brainwashing, with loud slogans, is not perceived by everyone in a state of admiration, and some people stop attending training courses, then such a person is persistently called. There is still a long way to go before the process of public outrage at deception, but some job seekers think about it already at the initial stage of getting to know the broker.
To get other people’s money, scammers do not hesitate to promise and guarantee everything:
- High yield, 15-45% when investing money in a manager ..
- Reliability of the company.
- Deposit insurance.
- No risk.
- Indemnification.
- Curated by the best analysts of the company.
- Account management service by the best traders.
- It was said that TeleTrade uses the most reliable and proven signals.
- It turns out that an agreement is signed with all clients that protects the rights and interests of users.
- It is alleged that only competitors write negative reviews about TeleTrade.
The phrases sound convincing, because they have been rehearsed many times by manipulators in special trainings. But no one says that the withdrawal of funds from TeleTrade may not occur, if only because of the high risks associated with activities in the financial markets. An amazing fact: people forget that they have come to get a job, and are already thinking about the possibility of finding real money for investment. The described features seem attractive to users, although in fact they are not.
What about promises?
You probably want to ask, is there at least a learning process going on? You will receive a minimum of basic knowledge. The people you see are not interested in you learning a lot. They just want your money, that’s all.
If the client hesitates to deposit cash, they try to speed up the process by offering bonuses. But the action is limited in time, and you need to have time to take advantage of it. They promise to accrue 24% per annum on the deposit, in US dollars!
In fact, clients report extortionate commissions when replenishing their account, reaching up to 10%, and even exceeding this figure. Bonuses are debited at the most suitable moments for draining the deposit – when the account is in a deep drawdown. What should the client do? That’s right, deposit funds to the account again!
When replenishing, the broker offers a bonus of 100% of the replenishment, but according to the terms of working out the bonus, it is almost impossible to work it out. We recommend that you read the bonus agreement carefully!
There is also a trick about the work of the state program, the purpose of which is to increase the financial literacy of the population. Indeed, the RF Ministry of Finance implements such a program, but not through the broker’s TeleTrade.
An investigation was carried out, during which it turned out that the money of the defrauded users was withdrawn through a one-day firm. In fact, the clients’ financial transactions were not unsuccessful. It was just deliberately letting it slip so that no one would suspect the “specialists” of banal theft.
Even if the client makes a profit, he will be persuaded not to do so. The cancellation of withdrawal applications will be used under a variety of pretexts. A large profit is simply not displayed. There are many laudatory reviews written on the Internet, but in order to find real negative reviews written about TeleTrade, you already need to make some effort, because the company cleans up real reviews.
We found some real feedback on cooperation that the company did not manage to clean up:
Quick Reference
Date of foundation – 1994. Terminal – MetaTrader 4. Entry threshold – from 1 dollar. Commission is charged. Leverage – up to 1: 200. These regulators are CySEC, AFD. There are several types of accounts: demo, standard, professional, cryptocurrency, ECN.
100% and 20% are the values for the margin call and stop out, respectively. The deal has a volume of 0.01 lot or more. Execution – accurate and marketable. Financial channels – plastic cards, bank transfers, e-wallets. Asset types – commodities, indices, stocks, currency pairs, ETF , cryptocurrency, metals. Account currencies – euro and dollar.
