I was starting with copy-trading myself. Results were good but I wanted to learn how to trade myself. If you want to build your life with trading you should rely on your own, not on copying others. At the moment I plan to participate in rankings myself and become a funds manager, so that other copy my trades. Regarding Teletrade in general, I'm trading for a long time and never faced any problems, I like that broker allows to use Metatrader, as that's most common solution on the market. There are a lot of indicators to analyze and build trading with your own strategy.
Teletrade is one of the most recognizable brokers for retail trading. I think they work well on new features they offer/ Each product is finished and useful. Mostly I'm surprised how well is auto following master accounts is organized here. Process is fully automated. Real paradize for an introvert like me :)
It seems to me that problems with this broker can arise only if you do not trade but play the game and rely on luck, because there are all the conditions for successful development here. And the platform here is MT5 (excellent choice!) and there are a lot of assets and you can withdraw any amount without commission. The only disadvantage, in my opinion, is that there are assets with quite high spreads. But here you just need to be more careful and properly assess the possibilities of your capital, so as not to find yourself in a stupid situation. But the rest is fine. I recommend it! Even if you don't think you can become a real professional, you can always try some investment programs that company offers, i.e try following the strategies some other successful traders for a small fee. teletrade has automated all the processes, so this is really easy to do.
Yeap, many people overestimate their willpower and trading skills. I've seen traders leaving the industry after 5 or even 10 years lost in vain because they simply gambled instead of developing their market understanding. This is a good suggestion for such people to rely on someone else's skills. Trading is really a great opportunity not to be missed. But if you can't learn trading yourself you definitely can invest in someone else's system and still get enough profit.
I have been cooperating with TeleTrade for a long time, this company has been on the market for a long time and during this time it has acquired the status of a real broker, which allows its clients to work in comfortable conditions. I have never once thought about changing a broker. Except when I once wanted to try binary options. But I quickly changed my mind and still remained in forex. It's a convenient platform and the prospects for earning bigger are much higher. I like that there are a lot of assets here, although they could add some stocks of new companies, still time does not stand still. You can use different leverage and spreads here, so even with a small starting amount you will feel quite good.
It's never late to change the career path. I know many people change their occupation when they retire nowadays and it happened so I'm one of them. Being a school teacher of math and sciences since retirement I decided to give myself a chance to become a trader. It seems that scientific approach to trading gives good results. During the last year one of my strategies has yielded 120% of annual income. Another one had only 12% ROA. The combination of both gives quite good average return along with max drawdown of 25%. Such results have proven to be good enough to bring in some investor's money through Teletrade trader's ranks. People don't trust me their funds literally, but some of them choose to follow my trades, get some profits and share these profits with me. Great idea which would not have been that easy to implement without a third party like Teletrade.
This is quite easy to spot out scam brokerages. They don't accept EU customers? Well, most likely its a scam project. TeleTrade is a regulated EU brokerage well known for its multi language support, excellent educational programs and quality service. They are regulated by SyCEC which is another proof of their professional attitude. However, until you try the withdrawals, you can't be sure for real. So this is necessary to mention that they work with different payment systems including withdrawals to credit cards and wire transfers. My experience withdrawals normally take 10-30 hours to complete, depending on the time of request.
I've always wanted to become an investor and buy NYSE stocks longterm. The problem is that I'm not very knowledgeable in economics to analyse quarterly reports and make proper conclusions. TeleTrade issues their own analytics several times a month and gives advice whether its a good idea to hold some stocks or its worth to close the position and reinvest. SnP did great this year, but still since the beginning of the year I've had a 42% return on account following TeleTrade analytics, which is about twice as much as index overall performance. Don't know how it's gonna work out if recession starts. My backup plan is to invest in Teletrade's sync trading if I think it's time to sell. Some traders' performance in teletrade rankings is quite impressive, so I think following those daytrading strategies can be another option. My only doubt is that better returns normally involve more risks, so I don't do that till stocks keep growing so nicely.
I have been working with Teletrade for a long time; there have never been precedents with them. I make applications for withdrawal to a bank card. I'm pleased with company.
My husband and I trade simultaneously. He is on his account, I am on my own. Initially, I opened accounts in different companies, I was on a Teletrade, and my husband was with another broker. Over time, I managed to lure him into the Teletrade, because here the service and technical support is higher than there, so mine got the best of it))
I began to engage in trade after 40 years when, due to my health, I could no longer work physically and had to change something. I was looking for earnings on the Internet and so I went to Teletrade, learned from them and took a chance. Thank God it turned out, not everything went smoothly, in many respects psychology suffered, but it’s good that there are projects in the company to which you can connect and relying on the experience of professionals to make their deals.