Dzhalil , Bangladesh

17 Jun, 19:37
My trading with TeleTrade didn't start very successfully as I lost my first deposit. Now I understand that it was completely my fault, but I was very upset then. However, I was not ready to give up and so I decided to continue trading, but on my demo account. Trading is quite a complicated business, but it can bring you enough money if you try hard enough. TeleTrade manager offered me to try sync-trading (until I learn how to trade on my own). I initially thought it was some kind of scam, but TeleTrade has a good reputation, so I decided to take the risk. In the end, the risk justified itself (if there was any), because sync-trading made me money. However, it was a funny situation. The first trader that I copied was a very risky one, so first he tripled my deposit and then lost half of the earned money. As I was later explained in TeleTrade support, some sync-traders use very risky strategies, so it's important to choose your master correctly (this is the 'tittle' of the person whose strategy you're copying, although I think this name isn't appropriate). Now I'm still learning how to trade with a demo account and trade sync-trading, but I've changed my master account trader. In general I'm pleased with the broker, but the main thing for success is diligence, not a good luck.

© 2000-2021. All rights reserved.

This site is managed by Teletrade D.J. Limited 20599 IBC 2012 (First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.

Feedback
Live Chat E-mail
Up
Choose your language / location