TeleTrade – Detailed Review of Forex Broker

10.09.2021

Year of foundation

1994

Site

https://teletrade.org/ru

Software

MetaTrader 4, MetaTrader 5, mobile platform

Payment systems

WebMoney, Neteller, Skrill, Fasapay, Visa, Mastercard, wire transfer

Affiliate program

Да

Rating

7.6

  1. General Information 
  2. Trading conditions and withdrawal of funds 
  3. Advantages of a broker
  4. Disadvantages of the broker
  5. Contact

TeleTrade is an international online broker with more than 25 years of experience in the market. Its clients are traders from Europe, Latin America and Asia. In the European Union the activity of TeleTrade is regulated by CySEC, which is confirmed by the license of this regulator. 

Financial instruments Forex, stock, commodity, and cryptocurrency markets assets
Types of accounts ECN, NDD, CENT
Demo account Yes
Mobile Trading Yes
PAMM accounts No
Minimum deposit $10
Bonuses Yes

General Information 

The broker's clients can trade ETFs, CFDs, commodities, stocks, cryptocurrencies and currency pairs. Trading assets on financial markets is available only to authorized users of the platform. Registration can be made on the broker's website. Authorized users get access to a personal cabinet. There you can find analytical and training materials, news, statistics on trading via Expert Advisors. Transaction history is also saved in the personal cabinet. 

General Information 

The broker provides beginner traders with training materials and managers' help. Owners of VIP accounts get an opportunity to work with a personal analyst. There is also a bonus program for TeleTrade clients, which includes a bonus of 24% per annum on their own funds. 

Trading conditions and withdrawal of funds 

The broker offers clients desktop and mobile versions of popular MT4 and MT5 trading terminals. Beginner investors can work on the platform for social trading. Copying the trades of successful market players will allow beginners to reduce the risk of losing investments. Positive feedback from the company's clients is mainly related to the smooth operation of the trading terminals, stable withdrawals, and attentive customer support. 

Traders can use different ways to deposit and withdraw funds: to Visa and MasterCard, through a bank, online payment systems and electronic wallets. The speed of transactions depends on the transfer option. As a rule, funds are credited to a card or an e-wallet within 1-2 days. Bank transfer takes on average 2-3 days from the moment the application is approved. 

Advantages of a broker

  • The ability to diversify the investment portfolio.
  • Availability of analytical and training materials.
  • Narrow spreads from 0.2 pips.
  • Availability of tools for technical and fundamental analysis.
  • Platform for social trading.

Disadvantages of the broker

  • The absence of PAMM-accounts.
  • The long verification.
  • The support service does not work on weekends.

Contact

Phone +442080895636
E-mail [email protected]
Social media https://www.facebook.com/TeleTradeCIS/
https://vk.com/teletradehttps://twitter.com/teletraderu
https://www.instagram.com/teletrade_ru/

 

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