Do Not Work Here - Futures & Derivatives Trader Met Group Employee Review

1.0
12 Oct 2015
Recommend
CEO approval
Business outlook

Pros

None to elaborate on at all!!

Cons

Basically the whole business model is made to take advantage of graduate 'traders', relying on these graduates completing a high volume of trades to make the company commission. You, will probably only realise this after about 3 months when the manager is on your back for not trading enough (multiple people were fired who were profitable traders but didn't trade enough to warrant a trading screen, when the company could get 5 more naive Graduates from the next batch to take their place). The strategy they teach you is not a strategy that works in the markets, it's a simple as buy low and sell high, whilst you look at a curve on Excel, using barely any information on the actual market. You won't earn any money for at least a year and after that you'd be lucky to take home £500 a month. Your desk fees are ridiculous and you are unlikely to ever cover them as they start in your second month in which you trade such an insignificant size you couldn't cover the fees. You also get overcharged to trade, so basically the firm make money where as your account is down because of this made up round trip cost (basically the cost of getting in and out of a trade). In essence this will be a massive waste of your time. I know many people won't take notice of this review but I wish I had before I joined.

Explore other reviews about Met Group

5.0
8 Apr 2025
Recommend
CEO approval
Business outlook

Pros

Very good company to work for

Cons

Was sad to leave the company

4.0
21 Nov 2023
Recommend
CEO approval
Business outlook

Pros

So much fun, meet. A lot of new ppl and could earn a lot of income

Cons

Some ppl are toxic and jealous

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