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They provided me with a demo version of an account on Forex and a personal consultant to help me learn how to trade. In a month or so I was told that I'm some kind of a genious and it's very seldom that beginners "earn" as much as I did ( I tripled the the initial sum). It's when their senior manager talked me into getting a real account with real money. They gave me the "best trader thay had". And of course the trader helped me lose all the money I invested, it happened within a month.
People, don't go for it. It's all fraud.
I have been scammed by this company. Hard earned money just went down the drain. That’s when I came across help in form of the recovery agents who got my investment back. If you need the same help, theshamanweigh at gmail . com is the right contact for you
What was the scam about? Is that you invested all your money in one trade?
There are very few details for such a serious situation. Usually, if something like this happens, people take a long time to negotiate with the broker. And I want to say that in TeleTrade, it's simple to contact the support team. So you can easily go through all the messages. After all, TeleTrade is a regulated company. And you can go to the regulator with all the messages. Did you do that?
I heard that it’s one of the most respected brokers in Europe. I heard it for a long time but for some reason I didn’t try to check it out. However, some day, my curiosity overcame. So, I rushed to their site and attentively explored their trading conditions. What I read there motivated me to join the broker. I learned that they reward their clients with points for activity and this stuff can be exchanged for real money.
So, I signed up and opened an ECN MT5 account. Manual trading is hassle-free here because the broker strives to ensure good execution. As for those points, I haven’t collected a lot of this stuff. They gave me it for registration and depositing my account. Perhaps, they will give more later.
I don't understand what "helped to lose" means.
If you have fallen into a drawdown, you should have strengthened your capital.
If you feel you're not ready - switch to synchronous trading or go back to the demo.
Analysts are not gods, they are traders just like us.
I’ve been trading with Teletrade since 2011. I can say that it’s a reliable broker. When I say “reliable” I just mean that the broker ensures a convenient and consistent trading process. In this regard, the broker is normal. Even the most reliable broker can’t be a panacea because it’s up to to forecast the market and open trades, taking risks. So, if you can’t trade, you can lose with Teletrade.
On the other hand, Teletrade has some great features that make it more advantageous than its rivals. Its sync trading that allows you to earn passively. Secondly, it’s the broker’s rewarding system that gives points for loyalty. In turn, the broker’s client can get cash by simply exchanging those points. It makes traders stay with Teletrade and be active.
My experience with TeleTrade comes down to just using Synchronous Trading. It's the only service I like here. But no, there is one more. It's a Trading Signals one. Signals are published in the Telegram channel and on the company's site.
As for the rest, I cannot say anything. I tried to trade by myself, but it did not bring results at TeleTrade or other brokers. So I gave up trying and connected automatic trades copying.