(P) I want to invest in foreign exchange (forex), but how can I choose a trustworthy broker?
While bank interest is free falling, a viable alternative for real-positive yields is the forex market. But what is the path to a trusted broker? In Romania, the quality brokers can be counted on the fingers of one hand. They would need to…
Irina Chirileasa · Journalist
· Updated · 3 min read

While bank interest is free falling, a viable alternative for real-positive yields is the forex market. But what is the path to a trusted broker? In Romania, the quality brokers can be counted on the fingers of one hand. They would need to provide customers with stability, safety and performance. A serious broker does not aggressively contact customers and does not make unrealistic offers. A first step in losing your confidence is the aggressive phone call, the sign of a small company, desperate for money. Another step is the promise of immediate gain with a minimal investment (usually a stock exchange or forex investment of 50-100 euros, as some voice say, does not bring you any significant return). Investing in forex is not betting. STABILITY, MULTINATIONAL AND POSITIVE HISTORY Firstly, the brokerage you choose must have experience in the market, a positive history, mustn’t have aggressive marketing practices, does not change fees during the investment. In this area it's good to work with an internationally - present company. With over 200 offices in 30 countries and over 3,000 employees, the TeleTrade Group is a global leader, always at the reach of customers and providing favorable conditions for trading with fixed spreads. Amongst the leading brokers in Romania, TeleTrade has a local presence of 10 years and a presence of 20 years in the foreign markets. Recently, the company began trading at the Warsaw Stock Exchange, the biggest in Central and Eastern Europe and the fastest growing in Europe. EDUCATION, MARKET ANALYSIS, CALENDAR OF THE DAY A trustworthy broker is always ready to provide financial education and investment-related explanations. The back-office personnel is prepared to answer any question. In addition, round the clock news from Reuters and news feeds and analysis on the site and the newsletter are offered and also the significant financial events calendar, which can influence the expected market trends. You will always find the current day analysis here: http://teletrade-dj.ro/analytics TRADING WITH AN ANNUAL INTEREST OF 24% In addition to periodical promotions, TeleTrade loyalty cards (which offer to loyal customers a doubling of the amount invested, between 1,000 and 5,000 euros) and substantial bonuses, TeleTrade offers on any account, for an requested turnover, an interest of 2% per month or 24% per year on the amount in the account. COPYING THE STRATEGIES OF MASTER TRADERS At TeleTrade, customers can copy the strategy of successful traders, “gluing” or merging to their accounts. Over 20,000 customers benefit from TeleTrade Synchronized Trading and profit from a diversity of successful strategies. You will find that Synchronous Trading Investment is completely transparent and flexible: it is the smartest way to trade Forex. INTERNATIONAL SELECTION OF MASTER TRADERS


