How to deal with annoying calls from stockbroker managers
There is an unspoken rule: The longer you trade on the stock exchange, the more often you receive calls from managers from brokerage companies.
And it would be fine if these were representatives of the brokers who have your account; everything is clear here, people are doing their job and trying to help you understand the trading process.
But the worst thing is when the call comes from managers of companies in which you do not have an open account and which you have never even heard of.
Stock trading is a fairly profitable endeavor, as becoming a broker requires minimal investment, and the resulting profits are much higher than in the banking sector.
There are two ways to attract new clients: by placing thematic advertisements or by simply purchasing client databases on the black market.
The cost of advertising related to stock trading is quite high, so new brokers prefer to buy databases of people who were once clients of other brokers.
And as a result, you hear one of the following options on the telephone receiver:
"Good afternoon, are you interested in stock trading?"
"I'm calling about your account."
"You've opened an account with us, we'd like to clarify the details."
"You submitted an application on the broker's website to open an account."
There are many options, sometimes they sound simply fantastic, the manager’s main task is to engage you in conversation and convince you to open an account with his broker.
Often the caller will vaguely name the broker they represent, and you assume it's your manager and start the conversation:
Everything would be fine, but every day there are more and more such calls, so the question arises: how to deal with them?
• Changing your phone number is the most effective option, but unfortunately, it is not always possible.
• Accept calls only from subscribers in your phone book, which should also include your broker’s numbers.
• Add the caller’s number to the blacklist, this will prevent repeat calls from this number.
• Answer negatively to all questions and try to hang up quickly.
The main rule when talking to managers calling potential clients is no politeness, as this will drag on for tens of minutes and you will be called again and again.
Why you shouldn't work with new brokers?
First of all, because a company using telephone spam saves on advertising, and therefore does not have enough money to provide quality services to clients.
This means their servers will be slow and underpowered, liquidity will be low, and spreads will be wide. And testing the reliability of a new broker yourself isn't the best idea.
It would be better to work with time-tested brokers, to whom millions of clients have already entrusted their money - https://time-forex.com/reyting-dilingovyh-centrov
