TeleTrade Review 2023 – Pros and Cons

UPDATED ON :

TeleTrade is an online brokerage firm that was founded in 2017. The company is headquartered in Cyprus, and it is regulated by several financial authorities around the world, including the Cyprus Securities and Exchange Commission (CySEC).

TeleTrade offers trading services for a variety of financial instruments, including currencies, commodities, stocks, and indices. The company provides its clients with access to several trading platforms, including MetaTrader 4, MetaTrader 5, and TeleTrade WebTrader.

In addition to its trading services, TeleTrade also offers a range of educational resources for traders, including webinars, video tutorials, eBooks, and trading courses. The company’s customer support team is available 24/5 to assist traders with any questions or issues they may have.

TeleTrade

Brokers Name

TeleTrade

Regulation

CySEC, MiFID

Established

2017

Headquarters

Cyprus

Trading Desk

ECN/STP

USA Clients

Yes

24H Support

Yes

Weekend Support

no

Website Language

English, Italia, Portugal, Romania, Greece, Polska

Account Details

Accounts

Standard Account, NDD Account, Sharp ECN, NLT Account, ERC (Poland)

Min. Deposit

$100

Base Currencies

EUR, USD

Leverage

1:100

Spreads

0.2 pips

Fixed Spread

Yes

Margin Call / Stop Out

50% / 20%

Trading Platform

MT4, MT5

Trading Instruments

Stocks, Options, ETFs, Mutual Funds, Futures, Forex, Bonds and CDs

Pros

  • EU regulated
  • Variable spreads from 0.2 pips
  • Leverage from 1:2 to 1:100
  • No re-quotes
  • Deposits start as low as $100

Cons

  • Low leverage
  • limited funding methods
  • US clients not accepted

Trading Features

Commission

Yes

Mini Accounts

no

Standard Accounts

Yes

VIP Accounts

no

Pro Accounts

Yes

Islamic Accounts

Yes

Segregated

no

Managed Accounts

no

Demo Accounts

Yes

Trading Services

Hedging

Yes

News Trading

Yes

Scalping

Yes

Automated Trading

Yes

Trading Signals

no

Educational Service

Yes

Copy Trading

no

Mobile Trading

Yes

Trading Markets

Indices

Yes

Forex

Yes

CFDs

Yes

Commodities

Yes

ETFs

Yes

Stocks

Yes

Bonds

Yes

Crypto

Yes

Funding

Deposit

Bank Transfer, Visa, MasterCard, Skrill, Neteller

Withdrawal

Bank Transfer, Visa, MasterCard, Skrill, Neteller

Contacts

Phone

(+357) 22314160

Email

support@teletrade.eu

Address

88 Archiepiskopou Makariou III, 1077 Nicosia, Cyprus

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *