Don't quit your job for this!!! Stay far away!!! - Recensione dipendente - Relationship Manager presso One Two Trade

(1) The nightmare they will sell you a dream, you will be excited, but ultimately, you will be disappointed! -it's not a stock brokerage job, you are not junior broker or a relationship manager, or an account manager. To put it simply, it is a telesales job and you are expected to make telephone calls from 9am to 7.30 pm from Monday to Friday. (2) long hours they will encourage you to stay till 9pm in order to meet your targets and i was told that "people have worked till 2:30 am to meet there target and still return to work the next day" (3) cold calling when you start, they will not give you any leads to call, and they will bluntly tell you that cold calling doesn't work. In fact, they actively discourage it and on this occasion they are right, cold calling doesn't work, you will only be wasting your time. (I tried it, we all tried it and we all failed with the exception of one bright man, who was calling people on auto trader pretending to be interested in buying their cars, and then somehow twisting the conversation around to investing. He got a lot of leads this way and by the end of the day, he got one person to make the 200 pounds deposit and had four other very promising leads. He is a genius, in his early 40s and he has been actively involved in sales, across multiple platforms and in many different countries for the last 17 years - so if you are thinking you can replicate his achievement, you won't! everyone us tried his method and failed miserably, so I would say he is one of a kind and he has a bright future in that company - truly, he is a man born to sell) (4) betrayal as a company policy, they will insist that the only way to sell without leads is to sell to the people you know, and they will draw you a picture of those amongst your family members who are likely to invest. They will actively tell you to use emotional blackmail on them. I'm paraphrasing here "tell them to invest because that's the only way to keep your job" call your father, mother, best friend and siblings (this are the most likely people to invest, we were told) "call everyone who owes you a favour", "bring out your phones and start from the letter A on your contact list and don't stop until your reach z", "go on your facebook and get numbers", "broadcast on your bbm". This is their definition of networking. This is how they expect you to get your first five sales without leads, and they will justify their method by telling you that if they "give you leads, you will burn it, they can't risk you burning a potential 10,000 pounds client, because you don't know how to sell yet, because you don't understand the product yet, and that's why for now you have to focus on your family members and friends". As a matter of moral and personal standards, I wholly object to using emotional blackmail on others, I wouldn't stand for it and nor would I actively engage in it. I will not beg my friends to invest their hard earned money in a company just to keep me in a job; that is beneath my personal dignity. They will tell you that "the only limits are the once you have put on yourself", and that "you must be willing to do anything to get the sale". That's wrong, and I won't betray the trust and confidence of my friends and family, just to satisfy their greed. (5) high staff turnover How many companies do you know that recruit 40 new employee every week? You might be thinking of google or one of the other giants, certainly not a company that has been trading for three years and has around 60 employees. One two trade on average employs 40 new employees every week, they run two new-employees training programmes a week, one on Mondays and Tuesdays, and the other on Thursdays and Fridays. Each classes consist of around 20 new recruits. The group before mine had 20 new recruits and by the first day of training 4 people quit, and after the second day of training, 5 more people quit, so 11 people made to the job (not brokerage, but telesales) and after the first day 3 people quit, now remaining 8 people, after the second day of working, sadly the gentleman who provided me with all these information and with whom I had spoken to extensively during my training also quit. On the third day of work when we joined that group in the telesales room, only 5 out of 20 was left and they were looking very exhausted and mentally depleted. To put things into perspective, in our group, we started with 16 people, on the first day of training, during lunch, 1 gentleman simply told us that "this is not for me, I'm leaving", but the rest of us had to return to training for differing reasons; many from the group, myself included had just quit our respective jobs to come and work for one two trade, so we felt we had to see more before we can conclusively decide (after all we are now effectively unemployed), others were new university graduates on their first jobs (and wanted to gain experience that could go in their cvs) and a few were still genuinely optimistic about the potential to make £100,000 a year. That day's training concluded without further absentees, but the second day began with 3 missing and as the day progressed, it became obvious that they had quit. So on the first day of working in the telesales room (day 3), 1 person did not come, now remaining 11, and by the end of that day 4 people had decided that they've seen enough. I was included in this group. So by the third day, 16 had been reduced to 7. They will tell you that people quit because they can't cut it, because they are not good enough, but in reality, people quit because the job is not as advertised. (6) Unregulated market The Uk financial market is regulated by the Financial conduct authority, commonly known as the (FCA), they ensure that there is transparency of dealings between financial brokers and their client. They protect the public from unscrupulous financial instruments. Binary trading is not regulated by the FCA, which means that they do not consider it a financial investment. One two trade is regulated by the (lottery and gaming authority in Malta ) and they will tell you this for tax reasons but this also the licence coral, ladbrookes and tether gambling establishment operate on, so don't let them tell you otherwise, binary stock trading is pure gambling, ITS NOT AN INVESTMENT. And anybody who knows anything about the financial market knows that there are a lot factors that affect the price of stock, not just bad news, but they will read you a simple scenario that require simple answer and they will try and convince you that that is all it takes to succeed at stocks picking. YOU WILL LOOSE YOUR MONEY! - even decent gamblers will stay away because the RISK VS PAYOUT Is firmly on favour of ONE TWO TRADE, which means the more you play the more likely you are to loose your money. It's a simple law of probability. (7) Transparency If you have already made a deposit then let me explain the rules to you. When you deposit your 200 pounds, the person who invite will earn a commission of 100 for bringing you to the platform, before the recent changes, the commission on all deposit was 7.5% and 1% for any trade placed on the platform. You cannot withdraw your money at will once you made a deposit (they will tell you in order to prevent money laundering that you have to turnover the full amount before you can withdraw. This means you must gamble the full amount of your deposit at least once before you can withdraw. This applies to profit as well If you insist on withdrawing your money, they will charge you 20% surcharge which 40 pounds on 200 and 200 pounds surcharge on 1000 pounds. They will also charge an additional 25 pounds or 1% whichever is greater as the with drawer fee. So on 200 they will charge 65 pounds. If they give you a bonus, you must turnover your money 3 times. (8) Conclusion Stay away from them. They will tell you that people are earning 23,000 pounds a month, 13,000 a month, and other ridiculous figures. I would say that for someone who earns 13,000, he must have the worst taste in clothes, in which case the money is wasted on him because my suits are better qualities than his, my shoes are less worn than his, and I earn only a fraction of his claimed earnings at my last employment, which forces me to conclude that they are lying. They will show you tables of how they consistently beat the market 10/10, that's a lie, even the season stock traders can't make that boast. No career prospect with them