Met Group Reviews

Pros

- My fellow graduate traders, who helped keep morale up. - The IT department. - The knowledge that after working for Met Traders, things can only get better.

Cons

- Institutionalized bullying. I cannot be specific to who the culprits were (as this would violate Glassdoor's guidelines). Graduates were constantly belittled and aggressively mocked by individuals in positions of authority, This was the reason why at least two graduates left. One bully would lament why nobody would go to ask for any help or advice, apparently unaware that people wouldn't want to be openly castigated in front of their peers for asking questions. - Renumeration. You will not earn any serious money in this job, even after a year. Only approach this company if you have money and time to burn, because after taking into account living and transportation costs you won't break even for many years. The joke used to be that the cleaners were the only ones making any money. - Incredibly high turnover - most traders don't even last 6 months, because the conditions in the workplace are so poor. Morale is incredibly low. It became a habit to play "Another One Bites the Dust," whenever a trader left. I must have seen at least 10 traders go in my time there. - Abuse of the self employment system. In order to save money, you are designated as "self employed" so Met Traders doesn't have to pay you anything. However, you have none of the advantages of self employment, as you are required to book holiday time and arrive and leave at the times they dictate (for example, bank holidays were mandatory work days).

Pros

Exposure to complex markets with extensive training.

Cons

Conflict of Interests, they make money from you if you break even. They dont even need you to make a profit.

Pros

The only pro I can think of is watching how the market reacts to news but again you can do that by joining a free internet platform.

Cons

Work 12 hours per day. No money after 6 months there. They hire you as self-employed in order not to pay taxes and insurance but still they force you to work there 12 hours per day. No bank holidays. You are treated with the worst way possible and the manager makes fun of you with every chance he gets. Potential of earning 1000£ per month is after AT LEAST A YEAR. Lied about salary(there is no salary)

Pros

The graduate course is intense, demanding but very rewarding. Especially if you are not having a financial background, you will learn a lot that will enable you understand the global markets, what is trading about and how to do it profitably. The strategy of the company is working and it can be extremely profitable in favourable market conditions. Additionally, it is very conservative, so when the market is against you, if you are disciplined and focused, your account will not get much hurt . A really interesting job with unlimited potential and if you are self disciplined, hard-working and a bit lucky, you will have a very nice career in trading.

Cons

You need to be able to support your living in London for a long period before earning enough money from your trading.

Pros

Good strategy Trading next to other traders (of which some experienced) Friendly environment Supervisors always available

Cons

High commissions No compensation, at least initially

Pros

Opportunities are abundant, culture is meritocratic, responsibility is given to profitable traders much earlier on than in other firms. When markets are volatile, trading is exciting as opportunities present themselves.

Cons

Can be challenging when markets are quiet since there are less trading opportunities. Trading markets require time, patience and a psychological resilience which many lack.