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Trading Advantage

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Be careful before working here - Anonymous employee Trading Advantage Employee Review

1.0
May 19, 2014
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Can't really think of any, the gym for $50 a year is probably the best thing they have to offer.

Cons

There is zero training once you are hired. They will hire you on the spot and the first day the have you making calls trying to make appointments. You're trying to sell a product that you know next to nothing about and if you don't make the appointments, they will let you go immediately, without hesitation. They will keep saying that "training is coming" but it never will. You have to learn on your own the entire product and be able to sell it, very tough to do. Customer will ask you questions that you have no idea what the answer is. Also, the pay is terrible. It's solely on commission, don't make your sales, won't be getting paid. Management only cares about sales and them making their commission off of your hard work. While I was there, I witnessed 3 people get fired within one week for not making enough appointments for the senior sales reps or not making the monthly sales quota. I'd recommend to stay away unless this is something that interests you. I left after I realized what was really going on with this company.

Explore other reviews about Trading Advantage

5.0
Sep 28, 2018
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great company to work for, you will learn a lot.

Cons

A lot of pressure from the management

3.0
Nov 4, 2016
Recommend
CEO approval
Business Outlook

Pros

The product is strong, and they are open to hiring people with no financial background. Compensation is there if you are a good closer.

Cons

Termination policy is inconsistent, especially if your new. Having a bad month at the wrong time can cost you your job, and you might receive little to no warning, verbal or written, to indicate your standing. When asked directly, management can be evasive rather than giving a direct answer. Performance reviews are almost non existent, though this may depend on the manager you are working with. Additionally, the departments (options, futures, stocks) are not equally lucrative, as can be seen by comparing the number of sales reps in each. The larger departments (options and futures) have a higher demand, with a larger number of leads specific for there product existing in the data base. Stocks often requires an additional step in the sales process, convincing a customer that they should change there desired method of trading, but if the customer does not have between $15-$20k to trade with, there is no point in the first place.

5
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