TeleTrade Rated 2/5

TeleTrade Guide - Read our In Depth 2024 TeleTrade Review

This detailed TeleTrade review has been researched and fact checked by industry experts with over 30 years of financial experience in Forex trading, Spread Betting, Social trading, Share Dealing.

Learn more about TeleTrade.

Benefits of Trading with TeleTrade

TeleTrade Review 2024 Quick Summary
💰 Min Deposit 100
👱‍♂️ Used By 50,000 TeleTrade users and traders
📆 Founded 2008
🌍 HQ Cyprus
👮‍♂️ Regulation Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID)
🚫 Excluded Countries TeleTrade is not available in the following countries :

Open TeleTrade's Website

Your capital is at risk

Learn more about IC Markets.
learn more Learn more about IC Markets.
Losses can exceed deposits

What is TeleTrade?

TeleTrade are a worldwide financial trading platform and broker. founded in 2008

Over 16 years later TeleTrade now serves over 50,000 retail investors Forex trading, Spread Betting trading, Social trading, and Share Dealing trading.

TeleTrade are a global broker. TeleTrade have a head office in Cyprus.

When trading in the financial markets, finding a broker that meets your needs can be very time-consuming.

We will dive deep in this TeleTrade review and assess how well the TeleTrade platform functions in its role as an international multi asset trading platform for traders in 2024.

Visiting many broker websites, all of which have different language uses. Technical language and terminology can be confusing with brokers like TeleTrade. Choosing or shortlisting a trading platform like TeleTrade can be time consuming. Choosing a trading platform requires a significant amount of research and analysis. It can be challenging to understand each platform's various features and benefits, especially with a complex trading platform like TeleTrade.

As a result, selecting the right trading platform like TeleTrade requires a deep understanding of the market, trading strategies, and platform functionality. The task becomes even more daunting when considering the vast number of online brokers like TeleTrade available, each with unique features, fees, and regulations.

In such a complex landscape, finding a reliable and trustworthy broker like TeleTrade requires thorough due diligence and careful consideration. Some TeleTrade trading features can be complex when trading on mobile or using the TeleTrade online trading platform. Beginners and inexperienced traders must take the time to learn how to use the TeleTrade trading tools properly. In our review of TeleTrade we explain the pros and cons. What TeleTrade offer, countries TeleTrade are available in. Who TeleTrade are regulated by and more.

TeleTrade Review Screenshot

When it comes to online trading with brokers like TeleTrade, carefully review TeleTrade as your broker can make or break your success. Choosing the right broker is essential to ensure your TeleTrade investments grow and flourish. However, beware of fake and unreliable brokers lurking in the shadows, waiting to take advantage of unsuspecting traders.

You must be diligent and thorough in your TeleTrade review selection process to safeguard your hard-earned money. It's crucial to do your due diligence and research the reputation, track record and trust worthyness of TeleTrade. You must also ensure the TeleTrade broker's profile, trading tools, fees and regulation aligns with your needs and goals.

Remember, TeleTrade needs to be your partner in your trading journey.

Our team has endeavored to break down the complex world of trading with TeleTrade into easily digestible information in this TeleTrade review. We want to ensure you have all the knowledge necessary to use the TeleTrade trading tools confidently, from depositing and withdrawing funds to executing trades.

We understand that informed decisions with TeleTrade are the key to successful trading, so we've provided this detailed TeleTrade review. So, take a seat, grab a cup of coffee, and dive in to learn about TeleTrade and how it can benefit you or if TeleTrade is not for you.

Online investing with TeleTrade can be just as risky as traditional offline investments. Therefore, conducting thorough research on the company you plan to invest with is crucial. If considering trading financial assets with TeleTrade, evaluating the TeleTrade platform is important. Evaluation includes researching the TeleTrade management team, track record, and services.

As a trader, you should feel confident that your financial investments are in good hands with TeleTrade. That's why it's essential to understand the TeleTrade company policies and practices before making any investment decisions. By doing your due diligence and understanding TeleTrade platform, you can make informed investment choices that align with your financial goals. So take the time to research TeleTrade thoroughly and make the most of your online investing experience.

We aim to provide you with all the information in this TeleTrade review you need to determine if TeleTrade is the right fit for you. But we don't stop there - we also offer valuable insights into other great alternatives to TeleTrade, so you can make a more informed decision and compare other brokers against TeleTrade.

If you want to look at some TeleTrade alternatives that might better fit your needs, we list and compare some of the best TeleTrade alternatives further down this TeleTrade review.

Trading online with TeleTrade requires an understanding of what you are doing. It can be challenging and requires significant research and understanding of the TeleTrade trading tools and features. You must know what you are doing when trading with TeleTrade. That's why we've compiled this detailed TeleTrade review with some important information that will hopefully make you more informed when online trading with TeleTrade.

TeleTrade Review Table of Contents

TeleTrade review
TeleTrade is a Multi-Assets Trading Platform with over 221+ Assets

Learn more about TeleTrade. TeleTrade is a multi asset platform with 221+ tradable Assets. Assets available on TeleTrade include Forex trading, Spread Betting, Social trading, Share Dealing.

TeleTrade trades in multiple financial asset types. A financial asset is any security or asset that has financial value attached, tangible or intangible. This means that Forex trading, Spread Betting, Social trading, Share Dealing are considered financial assets.

Features of TeleTrade

TeleTrade review
What you should know

TeleTrade offer four ways to trade: Forex trading, Spread Betting, Social trading, Share Dealing. The assets and products available to you on the TeleTrade trading platform depends on the region of the world, you are in and the TeleTrade entity you have an account.

With TeleTrade you will need a minimum deposit of $100. You can sign up for a demo account to acquaint yourself with TeleTrade platform.

TeleTrade are able to accommodate various levels of traders whether you are experienced or a beginner.

Are TeleTrade safe?

When considering TeleTrade for your trading activities, its financial regulatory status in your region is crucial. One of the primary considerations when evaluating a broker, such as TeleTrade, is to assess the broker's regulatory status and administrative body. Brokers operating without supervision from a regulatory authority are free to make their own rules, which may pose a risk to investors. Any capital you invest is at risk.

Established in 2008, and in operation for 16 years TeleTrade have a head office in Cyprus.

TeleTrade is regulated. This means TeleTrade are supervised by and is checked for conduct by the Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID) regulatory bodies.

TeleTrade withdrawal requests will be honoured. Brokers that operate under the supervision of regulatory authorities like TeleTrade are subject to strict guidelines that prohibit them from manipulating market prices to their advantage. Regulatory oversight ensures brokers operate with integrity, fairness, and transparency, safeguarding investors' deposits. TeleTrade are held accountable for their actions and may face severe consequences if they violate any financial regulations. If you are a client of TeleTrade and wish to withdraw funds from your account, you can rest assured that your request will be processed promptly. TeleTrade has a reputation for efficient and reliable fund transfers, and adhere to the rules of the financial regulators they are regulated with. When you submit a withdrawal request, TeleTrade will verify your account details and process the payment within the stipulated timeframe, usually within a few business days. By partnering with a trustworthy broker like TeleTrade, you can enjoy peace of mind and focus on your trading activities. If TeleTrade violate any regulatory rules their regulated status could be stripped.

Your capital is at risk

Is my money safe with TeleTrade?

All payments made to TeleTrade by traders are securely held in a segregated bank account.

TeleTrade uses Tier 1 banks for increased security. These banks are deemed the most reliable for client capital due to their strong core capital reserves and ability to withstand losses.

What are Tier 1 banks and why should TeleTrade use them?

TeleTrade partnering with Tier 1 banks offers reliability, efficient payment processing, reduced counterparty risks, and better protection for client funds. These banks are the most financially stable and secure institutions globally, with robust financial strength and high-quality risk management practices. They hold substantial core capital reserves, making them capable of handling unexpected losses and market volatility without endangering their TeleTrade clients' funds.

TeleTrade clients can have greater confidence in their financial security when working with a Tier 1 bank because TeleTrade are subject to strict regulatory oversight and must adhere to stringent guidelines to maintain its Tier 1 status.

What does it mean to have your funds in TeleTrade deposited in a Tier 1 bank?

Depositing funds with TeleTrade ensures that your money is held in a secure bank account with sufficient capital to meet your withdrawal requirements, even if TeleTrade were to go out of business unexpectedly.

Based on the information presented, it is safe to conclude that TeleTrade is a secure and safe platform.

Please be aware that trading in financial assets with TeleTrade carries a risk of loss. TeleTrade trading risk can occur due to inadequate market research, lack of experience, or failure to use the platform tools. It is common to experience rapid losses when trading financial investments like Forex trading, Spread Betting, Social trading, Share Dealing due to market volatility. Therefore, you should only risk trading when you understand that your capital is at risk at any time.

TeleTrade emphasizes this risk on its platform and provides clear risk warnings - Your capital is at risk. After answering some important questions about TeleTrade, let's closely examine its features.

To better understand the TeleTrade trading platform, you can create two separate accounts - one with real money and the other a TeleTrade demo account. A TeleTrade demo account provides a risk-free environment for experimenting with the TeleTrade platform's features and trading strategies before risking your actual funds. This approach can help you gain experience and confidence in TeleTrade trading decisions.

Open a demo account Visit TeleTrade

Your capital is at risk

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

How TeleTrade as a Company Compare Against Other Brokers

Broker teletrade IC Markets Roboforex eToro
Year Established 2008 2007 2009 2007
Head Office Cyprus Australia Belize Cyprus, UK
Regulation Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID) Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076
Used By 50,000+ TeleTrade users 180,000+ IC Markets users 1,000,000+ Roboforex users 30,000,000+ eToro users
Negative balance protection Yes Yes Yes Yes
Guaranteed Stop Loss Yes No No No
Learn More Visit TeleTrade Visit IC Markets Visit Roboforex Visit eToro
Risk Warning Your capital is at risk Losses can exceed deposits Losses can exceed deposits 76% of retail investor accounts lose money when trading CFDs with this provider.

TeleTrade review
TeleTrade Pros and Cons

What we like about TeleTrade

  • Used by over 50,000 TeleTrade users and traders
  • TeleTrade have an office open to the public in every country where they operate.
  • TeleTrade have a have a REAL ecn account.
  • TeleTrade offer customers a free signal service (telegram channel) and live webinar twice a day.
  • Established in 2008
  • Regulated by Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID)
  • Min. deposit from $100

What we don't like about TeleTrade

TeleTrade review
TeleTrade Regulation and Licensing in more detail

TeleTrade is regulated by trusted organizations, providing recourse for any issues. Regulatory bodies protect traders through reimbursement schemes in case of TeleTrade going into insolvency. TeleTrade compliance with rules and criteria set by regulatory authorities is mandatory for brokerage firms like TeleTrade to maintain licenses and operate in certain jurisdictions. Financial regulation and licensing are crucial for creating a secure trading environment for TeleTrade traders.

TeleTrade is regulated, governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the brokers' behaviour, and they will take necessary action if things go wrong. Before trading online with a broker like TeleTrade you should be sure they're legitimate online agent.

Is TeleTrade Global?

Yes, TeleTrade is global as TeleTrade is available in over 193 countries.

TeleTrade is a global trading platform in the sense that it operates in 193 countries including nations in Africa, Asia, Oceania, and Europe. Major countries TeleTrade covers include the UK, Germany, South Africa, Thailand, the United States China and Australia. TeleTrade has a total of more than 50,000 users.

TeleTrade review
TeleTrade Awards

TeleTrade have won numerious industry awards over the 16 years they have been operating as a financial broker. We have listed the most notable awards and mentions for TeleTrade below.

  • Capital Finance International Best Forex Broker Europe 2017 Winner
  • Global Banking & Finance Review Best CFD Broker Europe 2015 Winner
  • Global Banking & Finance Review Best Forex Customer Service Broker Europe 2015 Winner
  • International Finance Magazine Best Trading Education Provider Europe 2014 Winner
  • Global Banking & Finance Review Best Trading Platform Southern Europe 2014
  • ForexShow United Arab Emirates exhibtion Most Trusted Forex Broker 2013 Winner
  • Banker Magazine Expert in Financial Markets 2013 Winner
  • Forex Expo Awards Broker of the Year 2010 Winner

TeleTrade review
TeleTrade Fees Explained

  • TeleTrade withdrawal fees varies on payment method
  • TeleTrade does charge a fee for inactive accounts.
  • TeleTrade doesn't charge deposit fees. A currency conversion fee may be applied as withdrawals and deposits from TeleTrade are conducted in USD. Any other currency will have to be converted to your local currency by your 3rd party payment provider.

TeleTrade Costs To Check

Modern brokers like TeleTrade provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources. These services require significant investment, and in turn, TeleTrade may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall TeleTrade trading profitability.

How TeleTrade Fees Compare Against Other Brokers

Broker teletrade IC Markets Roboforex eToro
Min Deposit 100 200 10 100
Withdrawal Fees varies No Yes Yes
Inactivity Fees Yes No No Yes
Deposit Fees No Varies No No
CFD Commission Fees No Yes No Yes

TeleTrade Minimum Deposit

TeleTrade requires a minimum deposit of 100 GBP/USD/EUR when opening an TeleTrade trading account.

A minimum deposit is the minimum amount of money required by TeleTrade to open a new online brokerage account with them.

Don't be scared off by brokers like TeleTrade charging a minimum deposit to open a trading account. Brokers charging higher minimum deposits may offer additional premium services on their platforms that are not free on other platforms.

In the trading world, brokers like TeleTrade, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don't require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features.

Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients.

However, it's important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it's essential to research and compares different brokers to determine which best suits your trading needs and budget.

TeleTrade Withdrawal Fees

The fees for withdrawing funds from your TeleTrade account will differ depending on your chosen payment method. Reviewing the fees associated with each payment method before making your TeleTrade withdrawal request is important.

TeleTrade Withdrawal rules may vary across different brokers when it comes to transferring funds from your TeleTrade or other broker trading account. Each brokerage firm has its specific withdrawal methods. The payment provider associated with TeleTrade may have different transfer processing fees and processing times, affecting how long it takes to receive your funds.

In addition, currency conversion fees may apply if the TeleTrade withdrawal and receiving currencies differ, adding to the overall transaction costs. The currency conversion fee depends on your base currency, receiving currency, and the 3rd party payment provider that is separate from TeleTrade. Researching and comparing TeleTrade withdrawal policies and fees across different brokers is essential before choosing one, especially if you are withdrawing TeleTrade funds frequently or dealing with large sums of money. Awareness of these TeleTrade fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your TeleTrade funds.

For example, TeleTrade allows you to withdraw your funds to MoneyBookers, Skrill, Visa, Mastercard, Neteller, Internal Transfer, China Unionpay.

TeleTrade Inactivity Fees

TeleTrade does charge a fee for inactive accounts.

When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee. To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by TeleTrade terms and conditions. It's important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them.

Make sure you're fully aware of all TeleTrade fees and services. It's recommended that you check the TeleTrade website before signing up. If you decide to close your TeleTrade account, it's important to do so with the TeleTrade broker customer support and obtain confirmation that no remaining TeleTrade fees are due.

Brokers like TeleTrade must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances.

Certain brokers may levy inactivity fees to recoup the expenses associated with sustaining your account on their trading platforms when there is a shortage of commission fees earned from your trading activities.

TeleTrade Deposit Fees

TeleTrade does not charge deposit fees. Although bank / 3rd party merchant fees may apply.

Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee.

Depositing funds into your trading account may incur a fee, which could vary depending on the fiat currency used. For instance, depositing funds from a credit card can attract high fees. Additionally, not all brokers accept credit card payments for account funding. It's crucial to review the funding options and associated fees the broker provides before depositing any funds.

TeleTrade Commission Fees

TeleTrade does not charge commission on CFD instruments.

Brokerage firms like TeleTrade may charge commission fees as compensation for executing trades on behalf of traders on their trading platforms. Commission fees can vary depending on the type of financial asset being traded and the TeleTrade trading account level held by the trader.

TeleTrade may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients. However, if a market order is not fulfilled, no commission fee is usually charged. Reviewing TeleTrade terms and conditions to understand the commission fees and any other charges that may apply is essential.

TeleTrade review
What can you trade with TeleTrade?

It's essential to note that the trading instruments offered under the TeleTrade brand may vary depending on the customer account holder and country of residence due to regulatory restrictions. Besides, the trading platform the customer selects may also impact the available trading instruments. Therefore, before trading, verify the TeleTrade trading instruments available and the regulations governing them based on your account holder, location, and chosen platform.

You can trade a wide variety of instruments with TeleTrade over 221 instruments in fact.

If you want to trade currency pairs on global Forex markets, TeleTrade offer over 60 currency pairs.

TeleTrade Compared To Other Brokers

Compare TeleTrade with IC Markets and Roboforex below.

Your capital is at risk

How TeleTrade Trading Options Compare Against Other Brokers

Broker teletrade IC Markets Roboforex eToro
Instruments Available 221 2250 100 5000
Platforms MT4, MT5, Mac, Web Trader, Tablet & Mobile apps (Ios & Android) MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android MT4, MT5, Mac, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps
FX / Currencies        
Forex pairs offered 60 61 35 50
Major Forex pairs Yes Yes Yes Yes
Minor Forex pairs Yes Yes Yes Yes
Exotic Forex pairs Yes Yes Yes Yes
Cryptocurrencies (availability subject to regulation) Yes Yes No Yes
Commodity CFDs        
Commodities Offered 10 20 21 31
Metals Yes Yes Yes Yes
Energies Yes Yes No Yes
Agricultural No Yes No Yes
Indiced & Stock CFDs        
Stocks Offered 200 2100 0 2042
UK Shares Yes Yes Yes Yes
US Shares Yes Yes Yes Yes
German Shares No Yes Yes Yes
Japanese Shares No Yes Yes Yes
Risk Warning Visit TeleTrade
Your capital is at risk
Visit IC Markets
Losses can exceed deposits
Visit Roboforex
Losses can exceed deposits
Visit eToro
76% of retail investor accounts lose money when trading CFDs with this provider.

TeleTrade review
Trading on TeleTrade web platforms and other applications

TeleTrade offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.

TeleTrade also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go.

See TeleTrade's platforms

Is the TeleTrade Trading Platform Secure?

You should take the security of your personal information seriously and check SSL encryption is enabled on the TeleTrade trading platform to protect you on PC and mobile TeleTrade platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using TeleTrade web trading platforms.

TeleTrade Trading Platform Options

After logging into your TeleTrade account, you'll find a range of trading platform options available below.

  • MetaTrader 4 (MT4)

Please be aware that TeleTrade does not currently support the MetaTrader 5 (MT5) trading platform. However, if you're looking for a broker that does offer MT5, you can check out our list of recommended brokers available through the provided link.

TeleTrade does not support the cTrader trading platform. However, if you're looking for a broker that does offer cTrader, you can explore other options available through the provided link.

Let's explore each of these trading platforms in detail and what options TeleTrade gives you.

TeleTrade review
TeleTrade MetaTrader 4 (MT4)

TeleTrade MetaTrader 4

TeleTrade MetaTrader 4 (MT4) In Detail

MetaTrader 4, commonly known as MT4, has been a well-known and widely used trading platform in the financial markets since its inception in 2005. MT4 on TeleTrade offers traders comprehensive features and tools to enhance their trading performance. The TeleTrade MT4 user-friendly interface and highly customizable trading environment allow traders to tailor the TeleTrade platform to their needs. One of the standout features of MT4 is its charting functionality, which allows TeleTrade traders to analyze price movements and make informed trading decisions. Additionally, advanced order management tools give TeleTrade traders greater control over their trades, allowing them to manage risk better and optimize their trading strategies on the MT4 TeleTrade trading platform.

MetaTrader 4 (MT4) was created mainly for Forex trading, but it can also facilitate the trading of other financial instruments via CFDs and Spread Betting. You cannot trade real assets like stocks, shares, commodities, indices and ETF's on the TeleTrade MetaTrader 4 (MT4) trading platform. MT4 is a platform available with TeleTrade, that facilitates trading financial instruments in the form of CFD contracts or Spread bets. The TeleTrade MT4 platform does not provide access to physical assets such as stocks, commodities, or ETFs for trading. TeleTrade allows trading CFDs and Spread bets, which do not involve owning underlying assets but speculating on price movements, using high risk leverage. To gain more information about the MT4 Platform, click here.

You can start using the MetaTrader 4 platform with TeleTrade in multiple formats including through an online web platform, Through a downloadable application for Windows PCs and Apple Macintosh computers. TeleTrade MetaTrader 4 is compatible with the latest macOS. TeleTrade allows traders to trade on mobile devices through Android and iOS devices like the iPhone.

Metatrader 4 Webtrader on TeleTrade

MetaTrader 4 (MT4) is a widely used trading platform in the world, offering a range of advanced tools and features. Recently, MT4 has been made available as a web-based application through a web browser, enabling traders to access the platform from anywhere.

The web version of MT4 provides the same user-friendly interface and customizable trading environment as the desktop version. With MT4 web, traders can access advanced charting tools, online trading indicators, and a Dealing Desk-free trading environment.

Additionally, traders can enjoy Raw Pricing without any intervention from brokers. Overall, MT4 web is a convenient and efficient way for traders to access the platform and manage their trades.

Trade TeleTrade MetaTrader 4 on iOS Devices

You can download the TeleTrade app or trade with TeleTrade through the MetaTrader 4 application on the Apple app store.

Download the Metaquotes MetaTrader 4 Program free of charge from Apple's App Store. TeleTrade customers have instant access to the financial market and can completely manage a Portfolio on the go.

Trade TeleTrade MetaTrader 4 on Android Devices

Millions of people worldwide use Android mobile devices and tablets, and TeleTrade offers its clients access to the MetaTrader 4 platform on these devices. With the TeleTrade MetaTrader 4 Android application, traders can monitor the financial markets and execute trades directly from their Android-based smartphones and tablets. This app provides access to a range of advanced trading features, allowing TeleTrade traders to stay on top of their trades and react quickly to changes in the market. With the TeleTrade MetaTrader 4 Android app, traders can securely manage their trades on the go, making it a convenient and efficient way to stay connected to the market.

Trade TeleTrade MetaTrader 4 Trading Central

Trading Centrals Alpha Generation Indicators available on TeleTrade are a powerful bundle of three major indicators designed to help traders make informed decisions. TeleTrade MT4 Trading Central indicators include:

  • Analyst Perspectives - A valuable resource for traders seeking leadership insights and key levels.
  • Adaptive Candlesticks - This indicator is capable of identifying chart patterns that highlight significant changes in demand and supply.
  • Adaptive Divergence Convergence (ADC) - Similar to MACD, but with greater utility at shorter lengths, this indicator provides more timely signals.

Trading Centrals Alpha Generation Indicators can help TeleTrade traders better understand market trends and patterns, enabling them to make more informed trading decisions. These indicators can provide valuable insights into market movements, allowing TeleTrade traders to potentially stay one step ahead.

TeleTrade MetaTrader 4 Advanced Trading Tools

The TeleTrade MetaTrader 4 trading platform has advanced tools that enhance the overall trading experience and give TeleTrade traders detailed market tools. With feature-rich trade execution and management programs, sophisticated notification alarms, messaging facilities, innovative market data, and more, TeleTrade provides traders with everything they need to succeed. The TeleTrade MT4 platform also includes a range of technical analysis tools, with 30 indicators built in, 2000 plus free indicators, and the availability of paid indicators, allowing TeleTrade traders to analyze the market at any level of complexity.

Trade TeleTrade MetaTrader 4 MultiTerminal

MetaTrader 4 MultiTerminal offers traders an intuitive and user-friendly dashboard to manage and monitor multiple trading accounts. This powerful tool allows traders to oversee over 128 accounts simultaneously, enabling them to place market and pending orders, view real-time market prices, and track all accounts and equity in real-time.

It's important to note that MultiTerminal only supports trading accounts on the same MetaTrader server and doesn't allow automated trading scripts such as Expert Advisors.

This tool is ideal for traders who manage several accounts simultaneously and require a more efficient and effective way to track and execute trades. You can have up to 10 demo accounts on MetaTrader 4 MultiTerminal.

TeleTrade MetaTrader 4 AutoChartist

Autochartist on the TeleTrade platform is a powerful tool designed to help traders find trading opportunities quickly and easily.

Available for TeleTrade MetaTrader 4 Autochartist can scan the market using an expert advisor script.

With Autochartist, TeleTrade traders can scan multiple markets and timeframes from a single graph, making it easy to keep track of all their preferred symbols without launching multiple graphs. Using Autochartist can save TeleTrade users time and makes the trading process more efficient.

The Autochartist interface is user-friendly and can be customized to suit individual trading preferences. TeleTrade traders can navigate the platform and find the information they need to make informed trading decisions.

TeleTrade Autochartist is a valuable tool for traders who want to stay ahead of the curve and identify trading opportunities quickly and easily. With its powerful features and easy-to-use interface, Autochartist is an essential tool for TeleTrade traders of all experience levels.

TeleTrade Trading benefits

  • TeleTrade Allows scalping
  • TeleTrade Allows hedging
  • TeleTrade Offers STP
  • TeleTrade Low min deposit
  • TeleTrade Guaranteed stop loss
  • TeleTrade Offers Negative Balance Protection

TeleTrade Trading Accounts Offered

Below we give an overview of the account types that TeleTrade offer. Whatever you are looking to trade, the varying TeleTrade account types will be able to provide you with what you need.

  • TeleTrade Demo account
  • Micro account
  • TeleTrade Standard account
  • TeleTrade Swap-Free account
  • TeleTrade ECN account
  • TeleTrade STP account

Can I try TeleTrade?

TeleTrade provides a demo account that enables individuals to explore trading before investing their funds. By creating a TeleTrade practice account, users can gain experience and knowledge of how to trade effectively. Demo trading accounts like the TeleTrade demo account can help individuals to make informed decisions before investing their money.

Open a demo TeleTrade account to practice and trade.

Your capital is at risk

TeleTrade withdrawal and funding methods

It's essential to remember that the payment methods provided by TeleTrade vary based on the TeleTrade entity and the TeleTrade client's country of residence. To view the TeleTrade payment options available, you can log into your TeleTrade member's area.

TeleTrade offers various funding payment methods listed in your TeleTrade dashboard if available in your region. To learn more about the TeleTrade funding and withdrawal options available in your area, you can explore the TeleTrade website.

TeleTrade provides several payment methods for funding your TeleTrade account. You may utilize any of these deposit options if they are available in your region. TeleTrade ensures that users have multiple payment methods to choose from, making it more convenient for verified TeleTrade account holders to add funds to their accounts. However, it's important to note that the availability of payment methods may vary depending on the TeleTrade user's location. learn more about TeleTrade funding and withdrawal methods.

TeleTrade Payment Methods

Some TeleTrade payment methods are local and are available only to specific regions. TeleTrade account holders should check which payment methods are provided in your region.
  • TeleTrade accepts MoneyBookers
  • TeleTrade accepts Skrill
  • TeleTrade accepts Visa
  • TeleTrade accepts Mastercard
  • TeleTrade accepts Neteller
  • TeleTrade accepts Internal Transfer
  • TeleTrade accepts China Unionpay
Broker teletrade IC Markets Roboforex eToro
Bank transfer No Yes Yes Yes
Credit Cards No Yes Yes Yes
Paypal No Yes No Yes
Skrill Yes Yes Yes Yes
Payoneer No No Yes No
Neteller Yes Yes Yes Yes

*please note available TeleTrade and other broker payment methods depend on the clients country of residence.

How can I start trading with TeleTrade?

To open a trading account with TeleTrade, individuals can sign up on the TeleTrade website. Upon completing the signup process, users will receive login details via email, which they can use to access their accounts.

The next step involves submitting identification documents for TeleTrade account validation and making a deposit. Once completed, TeleTrade users can download the trading platform of their choice.

It's important to note that TeleTrade requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps TeleTrade maintain a trustworthy financial environment for its 50,000 users. Detailed information on the TeleTrade trading platforms is available on their website.

Your capital is at risk

Performing trades with TeleTrade

When using TeleTrade, the minimum trade size is typically varies units of the base currency of the instrument being traded. However, this amount may vary based on the specific account a user has opened. TeleTrade have a max trade of varies. With the ECN and STP execution methods offered by the platform, traders using TeleTrade can enjoy tighter spreads and greater transparency when it comes to the pricing of their trades.

Like other brokers, TeleTrade margin requirements can differ depending on the traded instrument.

CFD Trading on TeleTrade

We will show you an example of the basics of using TeleTrade leverage.

CFD trading on TeleTrade allows traders to speculate on the price movements of various financial instruments against the broker TeleTrade, without actually owning real assets. With CFDs, TeleTrade traders can profit from upward and downward price movements by going long (buying) or short (selling) on an asset.

TeleTrade provides CFDs which are leveraged products. For this example, let's assume a ten times leverage. So, if you have a $10,000 position, you only need to tie up $1,000 or a tenth of the value in your account. With high-risk leverage, a small sum controls a much bigger financial position.

The effect of leverage on profits and losses magnifies them in both directions. In other words, TeleTrade leverage profits and losses are magnified when trading. For instance, using CFDs, you use the TeleTrade trading platform to buy/sell $10,000 worth of Apple Computer Inc. If the stock rises by 10% due to positive results, your position is now worth $11,000, representing a $1,000 or 10% increase in value. This CFD trade has a 100% increase in the funds initially committed.

On the other hand, if Apple Computer Inc falls by 10%, your position worth $10,000 is now worth only $9,000, representing a $1,000 decrease. Therefore, TeleTrade leverage magnifies both profits and losses in trading.

Trading CFD trades on the TeleTrade platform can provide more flexibility than traditional market trades, allowing access to CFD fractional shares, international markets, and short selling. They are commonly used for short to medium-term trades, such as intraday CFD trading, but are high-risk due to their separation from the financial markets.

Experienced TeleTrade traders can trade high risk CFD trades to hedge items in their portfolio.

Always be aware that CFDs are complex instruments with a high risk of losing money rapidly due to leverage. Your capital is at risk

Limiting Your Risk When Trading with TeleTrade Negative Balance Protection

Negative balance protection is important for traders using leverage on platforms like TeleTrade. In an unfavourable market move, leverage can result in a loss that exceeds the trader's account balance, leaving them with a negative account balance. If a TeleTrade trading position does not go in your favour, this is where negative balance protection comes in handy.

Brokers regulated by the Financial Conduct Authority (FCA) must offer negative balance protection as a standard feature. With negative balance protection, TeleTrade trading losses are always limited to the current balance of funds in the trader's account.

Even if an TeleTrade trader experiences a significant loss, they will never owe more money than what is available in their TeleTrade account balance.

It's important for TeleTrade traders to understand the potential risks of trading with leverage and to take advantage of features like negative balance protection to mitigate those risks. By doing so, traders can trade with peace of mind, knowing that TeleTrade losses are limited to the funds available in your TeleTrade account when negative balance protection is in place.

Education Resources at TeleTrade

To trade effectively with TeleTrade, it's important to have a good understanding of the TeleTrade trading tools and the markets. Make sure you make full use of all education tools. Including educational tools with TeleTrade and externally.

TeleTrade . It's essential to take the time to learn about the financial markets and understand how they move before diving into trading with TeleTrade. Familiarizing yourself with the TeleTrade trading platform is crucial to use it effectively.

While learning, you can also use global trading times to practice making live buy or sell trades using TeleTrade. This hands-on experience can help you gain confidence and become more comfortable with trading.

Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with TeleTrade involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets.

Learning about the financial markets, trading platforms like TeleTrade, and risk management techniques can help you become a more confident and successful trader.

Take an analytical approach to trading with TeleTrade. Explore the TeleTrade platform and train yourself to think systematically and logically about the markets.

While it may be a new skill set for some, it is what the market requires for success. Developing your trading skills with TeleTrade, before live trading.

Customer Support at TeleTrade

As part of our TeleTrade review, we review customer service options, response times and problem resolution effectiveness on the TeleTrade trading platform. The TeleTrade trading platform supports multiple languages, which includes English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian.

TeleTrade Available Support Types

Based on our experience, we have given TeleTrade a D grade for customer support. We encountered some slow response times or TeleTrade queries that were left unanswered.

Compared to other brokers, TeleTrade offers fewer customer support features. They do not provide live chat support, and their phone and email support can also be slow.

email support and supports a limited amount of Languages. Live chat support supports a limited amount of Languages. Phone support supports a limited amount of Languages.

Livechat Support at TeleTrade

Our team tested the live chat support of TeleTrade and found it to be satisfactory. While we received a response within 25 minutes on most occasions, there were instances where we did not receive a response at all.

In addition, we tested TeleTrade support services in various countries and languages and found that TeleTrade were able to effectively resolve our customer issues.

Email Support at TeleTrade

We tested the email support of TeleTrade by sending 25 emails simultaneously, and our experience was mixed. While the answer times were generally excellent, with the fastest response being 3 hours, the slowest response was 6 days. We also encountered some instances where we did not receive any TeleTrade response.

The TeleTrade team did resolve and answer our queries, but the email support from TeleTrade was overall average compared to other brokers we have tested.

Phone Support at TeleTrade

We contacted TeleTrade via phone and received quick assistance within 10 minutes of our call.

The TeleTrade phone support team proved to be helpful and able to resolve our queries and issues over the phone. We also tested the multilingual support provided by TeleTrade and found that they could assist us in various languages.

While we found the TeleTrade phone support satisfactory, there is room for improvement in response time.

See how TeleTrade Support Compares Against Other Brokers

Broker teletrade IC Markets Roboforex eToro
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian English, German, Spanish, French, Italian
Learn More Visit TeleTrade Visit IC Markets Visit Roboforex Visit eToro
Risk Warning Your capital is at risk Losses can exceed deposits Losses can exceed deposits 76% of retail investor accounts lose money when trading CFDs with this provider.

What you will need to open an account with TeleTrade

As TeleTrade is regulated by Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID).

As a new client of TeleTrade, you will be required to pass a few basic compliance checks to ensure that you fully understand the risks involved in trading and are permitted to trade with TeleTrade in your region. During the TeleTrade account opening process, you will be asked to provide TeleTrade with certain documents, including a scanned copy of your passport, driving license or national ID, as well as a utility bill or bank statement from the past three months to verify your address.

When registering with TeleTrade have the following documents available.

  • TeleTrade require a scanned colour copy of your passport, driver's license or national ID card.
  • A recent utility bill or bank statement that confirms your residential address for TeleTrade compliance. This must be dated within the last six months.
  • If you plan to fund your TeleTrade account using a credit or debit card, you will need to provide a scanned copy of the front and back of your card. You can mask any sensitive information like the CVV code on the TeleTrade platform.

It's worth noting that the expiration date of the proof of address document may differ for different entities under TeleTrade Brand. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. This process usually takes around 5 minutes, and once you've passed compliance, you can start exploring TeleTrade's platform.

However, remember that you won't be able to make trades on TeleTrade until you have passed compliance, which may take several days, depending on your circumstances. It's essential to complete the TeleTrade KYC compliance process as soon as possible to avoid any delays in accessing the TeleTrade platform's features.

It is important to note that TeleTrade may request additional documents or information to verify your identity or comply with regulations. The account opening process usually takes a few minutes to complete, and you can start exploring the TeleTrade platform and features immediately. However, you must pass the verification process to start live trading with TeleTrade, which can take up to a few business days.

To start the process of opening an account with TeleTrade you can visit the TeleTrade trading platform here.
Your capital is at risk
You should consider whether you can afford to take the high risk of losing your money.

CFDs are leveraged products and can result in significant losses, excess of your invested capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered investment advice. All information collected from https://www.teletrade.eu/ on March 16, 2024.

Watch this TeleTrade Explainer Video

Is TeleTrade A Good Broker?

We have spent over 5 years examining TeleTrade in depth. Although we found some very useful aspects of the TeleTrade platform that would be useful to some traders. We feel that a alternative to TeleTrade may better suit you.

  • TeleTrade have a good track record of offering Forex trading, Spread Betting, Social trading, Share Dealing.
  • TeleTrade has a history of over 16 years.
  • TeleTrade has a reasonable sized customer support of at least 10.
  • TeleTrade are regulated by the Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID). TeleTrade is subject to strict regulatory oversight from its respective jurisdiction, which holds TeleTrade (the broker) accountable for misconduct. This regulatory framework helps ensure that TeleTrade operates fairly and transparently and provides TeleTrade customers with a safe and secure trading environment. In any disputes, the regulatory body may also act as an arbitrator to help resolve issue between you and TeleTrade.
  • TeleTrade have regulation from reputable regulators.
  • One of the advantages of using TeleTrade is the quick processing time for deposits and withdrawals, which typically takes only 2 to 3 days. Fast withdrawals from TeleTrade are particularly important as TeleTrade traders want to receive their money quickly. With the efficient TeleTrade payment processing system, traders can enjoy faster access to their TeleTrade funds.
  • TeleTrade have an international presence in multiple countries. Including local TeleTrade seminars and training.
  • TeleTrade can hire people from various locations in the world who can better communicate in your local language.

TeleTrade Risk Disclosure

Your capital is at risk

Trading Risk Disclaimer

Trading financial instruments such as cryptocurrency and foreign currency markets involves high risk and is unsuitable for everyone. When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds. Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss.

You will be exposed to a high risk of loss regarding leverage and margin-based trading.

Furthermore, some off-exchange financial instruments and derivatives may offer varying leverage levels and may not be subject to the same regulatory protections as exchange-traded instruments. As a result, they may be subject to higher levels of market volatility and carry a higher degree of risk.

It is important to note that no investment product, technique, or strategy can guarantee profits, and past performance does not necessarily indicate future results. Any investment involves the possibility of financial loss, and it is important to carefully consider your investment objectives, risk tolerance, and financial situation before making any investment decisions.

Trading financial instruments is a high-risk activity that requires careful consideration and risk management. It is important to be aware of the potential for loss and to only invest what you can afford to lose.

TeleTrade not quite right?

If after reading this TeleTrade review, TeleTrade does not fulfill your needs check out these TeleTrade Alternatives.

Click here to view the best TeleTrade Alternatives

We have spent years researching the best alternatives to TeleTrade. Click the links below to learn more.

After extensive research over several years, we have compiled a list of the most effective TeleTrade alternatives available today. If you are unsatisfied with TeleTrade or want to explore other options, we recommend checking out our carefully curated list of highly-rated TeleTrade alternatives. Follow the links below to learn more about these TeleTrade broker alternatives and choose the one that best suits your trading needs.

Related TeleTrade Vs Comparisons

Throughout our comprehensive TeleTrade review, we have covered a lot of ground and provided an in-depth analysis of the platform's features and functionality.

If you're interested in comparing TeleTrade against other popular brokers in the industry, check out our TeleTrade Vs pages. Our team has compiled a series of detailed TeleTrade comparison articles, pitting the TeleTrade platform against some of the best-rated TeleTrade competitors in the market. Dive into our informative TeleTrade Vs pages below to find out how TeleTrade stacks up against other leading brokers.

TeleTrade review
TELETRADE Frequently Asked Questions

Read our detailed TeleTrade FAQ Section updated for 2024.

Can I try TeleTrade?

TeleTrade offer a demo account so you can try the TeleTrade platform with virtual trading before you put down a payment. Virtual trading with TeleTrade is zero risk. Learn more here

What funding methods do TeleTrade accept?

Please note that the list of payment methods below depends on the TeleTrade Entity and the client's Country of Residence.

TeleTrade offer the following funding payment methods MoneyBookers, Skrill, Visa, Mastercard, Neteller, Internal Transfer, China Unionpay, among other payment methods.
Learn more here

Your capital is at risk

Is TeleTrade safe?

TeleTrade have over 50,000 users. TeleTrade are considered reliable as they are regulated by and checked for conduct by the Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID). Any payments funded to TeleTrade accounts by traders are held in a segregated bank account. For added security,TeleTrade use tier-1 banks for this. Tier 1 is the official measure of a bank's financial health and strength.Trading with TeleTrade is risky, and because the market is so volatile, losses could happen at any time. Do not invest with TeleTrade unless you are prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.

Your capital is at risk

Is TeleTrade trading good?

TeleTrade is considered good and reputable to trade with TeleTrade. TeleTrade is used by over 50,000 traders and TeleTrade users. TeleTrade offers Forex trading, Spread Betting trading, Social trading, and Share Dealing trading. Minimum deposit with TeleTrade is 100.

Is TeleTrade trading Legit?

TeleTrade was founded in Cyprus in 2008. TeleTrade has been facilitating trade on the financial markets for over 16 years. TeleTrade offers clients Forex trading, Spread Betting trading, Social trading, and Share Dealing trading. All funds deposited to TeleTrade are held in segregated bank accounts for security. TeleTrade is regulated by Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID) so can be considered legit.

Is TeleTrade a good broker?

TeleTrade allows Forex trading, Spread Betting trading, Social trading, and Share Dealing trading. TeleTrade is overseen by the top tier financial regulators Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID) so can be considered a good broker.

Is TeleTrade trustworthy broker?

TeleTrade is a reliable platform that can be considered trustworthy due to its strict regulatory practices. When you fund money to TeleTrade, money is in a segregated bank account that is separate from TeleTrade company's funds. As a regulated broker, TeleTrade cannot directly access your funds, which minimizes the risk of misappropriation or fraudulent activity by TeleTrade. Instead, your TeleTrade funds are held securely in a separate account designated for your investments, providing protection and peace of mind when trading with TeleTrade. Also TeleTrade is regulated in its local jurisdictions including major financial regulators like Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID).

What is the minimum deposit for TeleTrade?

The minimum deposit to trade with TeleTrade is 100.

How long do TeleTrade withdrawals take?

Withdrawing money from TeleTrade processing time varies depending on the method but averages 1-5 days.

Is TeleTrade regulated?

TeleTrade is regulated by the Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID). Regulatory bodies conduct regular reviews and audits as part of TeleTrade maintaining their regulatory status. You can learn more about these reviews on the regulator websites.

Is TeleTrade a market maker?

TeleTrade is not a market maker. A market maker speeds up trading as a market maker will purchase or sell your stocks and commodities even if a buyer or seller is not lined up.

How can I start trading with TeleTrade?

When opening a trading account with TeleTrade, you will need to sign up here. After completing the necessary steps of receiving login details via email, submitting identification documents for account validation, and making a deposit, the next step is downloading the preferred trading platform. For detailed guidance on TeleTrade trading platforms, you can follow the link provided below: Learn more about signing up with the TeleTrade trading platform here. This will provide useful information and insights into the various trading platforms offered by TeleTrade, enabling you to make an informed decision about which platform to choose for your trading needs.

Is my money safe with TeleTrade?

Yes your money is safe with TeleTrade.

Overall, strict financial regulation is essential for ensuring that trading platforms like TeleTrade operate fairly, transparently, and responsibly, which ultimately benefits all TeleTrade stakeholders involved.

Trading platforms like TeleTrade must have strict financial regulation for several reasons:

  • Protecting TeleTrade Investors: Strict financial regulation ensures that investors who use the TeleTrade trading platform are protected against fraudulent or unethical behavior by the TeleTrade platform or its employees. Financial regulation can help to prevent investors from losing their money due to dishonest practices by the TeleTrade platform.
  • Maintaining TeleTrade Financial Stability: Strict regulation helps maintain the financial system's stability by preventing excessive risk-taking when using the TeleTrade trading platform. Regulatory procedures reduce the likelihood of the TeleTrade platform experiencing financial difficulties or failing, which could have ripple effects throughout the financial system.
  • Enhancing TeleTrade Transparency: Regulations require trading platforms like TeleTrade to maintain detailed records and disclose TeleTrade client information. Financial regulatory requirements enhances transparency and helps to build trust between the TeleTrade platform and its investors.

TeleTrade is regulated by the Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID). When selecting a broker such as TeleTrade, one of the most critical factors to consider is the broker's regulatory body and regulatory status. Unregulated brokers pose a direct risk to the security of their client's funds, as they operate without any oversight or regulation. In contrast, regulated brokers are subject to strict rules and regulations that prevent them from manipulating market prices or engaging in fraudulent activities. As a reputable broker, TeleTrade ensures that withdrawal requests are processed promptly, demonstrating its commitment to transparency and accountability. However, brokers that violate regulatory rules can face the consequences such as losing their regulatory status in specific regions, highlighting the importance of working with a trusted, regulated broker for your trading needs like TeleTrade.

Is TeleTrade a con?

TeleTrade is regulated and well established, having been in business for over 16 years. TeleTrade is not a con.

Can you make money with TeleTrade?

Although traders have had great success with TeleTrade, trading on the financial markets with TeleTrade is not a get-rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading, your chance of success will greatly increase. Never trade with money you cannot afford to lose. Your capital is at risk.

Does TeleTrade have fees?

TeleTrade withdrawal fees vary on payment method.TeleTrade does charge a fee for inactive accounts. TeleTrade doesn't charge deposit fees.

When was TeleTrade founded?

TeleTrade was founded in 2008.

How many people use TeleTrade?

TeleTrade is used by over 50,000 registered TeleTrade users.

What is TeleTrade Headquarters country?

TeleTrade has its head quarters office in Cyprus .

Does TeleTrade offer negative balance protection?

TeleTrade offers negative balance protection. With Negative balance protection, traders cannot lose more money than they have deposited.

Does TeleTrade offer guaranteed stop loss?

TeleTrade offers guaranteed stop loss protection. With guaranteed stop loss protection, the risk is managed. Traders are guaranteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.

Does TeleTrade allow scalping?

TeleTrade offers scalping.

Does TeleTrade allow hedging?

TeleTrade offers hedging.

Does TeleTrade offer CFD trading?

TeleTrade offers CFD trading.

Does TeleTrade offer STP?

TeleTrade offers STP trading.

How many people use TeleTrade?

TeleTrade is used by over 50000 TeleTrade users and traders.

Is TeleTrade an ECN broker?

TeleTrade offers ECN trading.

Does TeleTrade offer a demo account?

TeleTrade offers a demo account.

Does TeleTrade offer an Islamic account?

TeleTrade does not offer Islamic accounts.

What are the funding methods for TeleTrade?

Please note that funding methods and options available with TeleTrade can be found in the TeleTrade Members area and depend on the TeleTrade client’s country of residence. Please check your specific available payment methods on the TeleTrade website. TeleTrade accept the following funding methods : MoneyBookers, Skrill, Visa, Mastercard, Neteller, Internal Transfer, China Unionpay.

TeleTrade review written by Andrew Blumer and Mark Hansen

We hope you found our review of the TeleTrade brokerage firm useful.

This article was written by our financial editors, Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years of experience in financial analysis, forecasting, and financial modelling, identifying new market opportunities in Stocks, CFDs, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

TeleTrade review written by Mark Hansen of Comparebrokers.co