TeleTrade reviews TeleTrade Discussion
|CONTACT NOW »||OPEN DEMO ACCOUNT »||OPEN LIVE ACCOUNT »|
|Broker Type||Market maker|
|Broker Status||Independent Broker|
|Accept U.S Clients|
|Phone||+357 (22) 514442|
|Website Languages||English, Spanish, Polish, Italian, Hungarian, Romanian, Bulgarian, German, Russian, Czech|
|Free Demo Account|
|Account Based Currencies||USD|
|Minimal Order Volume||1 lot|
|Interest on margin|
|Deposit/ Withdraw Options||Bank Wire • Visa/ Mastercard|
|Precision pricing||4 digits|
|Type of Spread||Fixed|
|Lowest spread on EURUSD||3 pips|
|Other Trading Instruments||Indices • Futures • Energies • Stocks • Equities • Commodities • Metals|
July 21, 2013: Full reviews completed, listing added.
Marcel Benoit says
The company provides different types of services for trading on financial markets. It can be independent trading as well as social trading.
Clients can open Investor accounts and connect them to Traders from the Synchronous Trading list.
There are Cent accounts in TeleTrade and, of course, demo accounts for practicing strategies. You can train without any risks for your money.
I was a little short of tools for professional trading. But this is probably a peculiarity of the broker. It is more oriented to beginners who do not need any special tools. For them, simple copy trading is more actual.
Hans-Gerd Herold says
Teletrade is a broker that can be characterized as universal. it’s because it offers to either trade manually or to copy trades of successful speculators. The latter service is actively advertised online. If the trade whose trade you are copying is a true professional, you may count on a steady passive income. However, you should realize that the market can punish anybody at any time no matter how skilled the trader is. So, if you decide to earn via sync trade, mind risks, you can’t control them here.
From my point of view, manual trading with this broker is a much better service. Here you can control risks and constantly improve your professional level. The broker ensures decent trading conditions. If you choose their ECN account, most likely you will be satisfied with execution.
Ettore Orlando says
I’m already tired of constant questions about which broker it is better to choose. Guys, they are all the same. They all have cons and advantages.
In TeleTrade, I would refer to the benefits:
– convenient copy-trading solution;
– availability of a Cent account;
– no restrictions on the minimum deposit amount.
The company’s disadvantages, in my opinion, are a lack of professional tools. For example, it can be built-in Signals or Analytics. Yes, the company offers signals in the Telegram channel. And they are quite good, they often appear. But I would also like to see something similar in the terminal to not be distracted.
Leonardo Campos says
This company has two sides:
On the one side, it’s well-known and has really good reputation, so it makes TeleTrade a good place for the trading career start. Also, there are a lot of educational opportunities, so trading there can be really easier than with any other brokeraga. I don’t speak about sycn-trading by the way but that can be also great feature for beginners (I haven’t tried it yet)
On the other side, if you want to trade there, than you should be ready to pay spreads that are higher than offered by unregulated brokers. Simply mind this =)
Karl Fischer says
I didn’t become a real trader. But I became interested in automated trading here, and I liked it because it helps me to earn money and I don’t need to spend so much time anymore…
Franse Storm says
TeleTrade is good for sync-trading, but I don’t like this company to trade manually. I understand that brokerage is regulated, so it’s the reason why spreads are higher than with regulated brokers, but I will prefer this broker with lower spreads.
Osea Palumbo says
One of the best brokers, from my point of view. I traded with several companies before I joined TeleTrade and I know what I’m talking about.
The first one. TeleTrade has full regulation and all documents. This is very important and tells us that a broker respects the laws. TeleTrade is regulated by CySEC. It is not the most brutal regulator, but in the trading industry it is considered to be quite respectable.
The second one. TeleTrade has a lot of educational opportunities. If you think that you do not need training, then you are probably wrong. I considered myself an advanced trader, but I decided to pay for individual training. Only then I realized that my knowledge was limited seriously.
One last thing. TeleTrade is good as a broker. It has Metatrader, reasonable enough spreads and no problems with withdrawal.
I definitely recommend it.
Iakovos Leandrou says
TeleTrade is really well-known and that’s its main advantage. Even people that are ‘out’ of trading, know that TeleTrade is ‘something related to financial markets, am I right’ (as one person said). It’s the most important indicator for me – if broker is well-known – it can be trusted, as company will always take care about reputation. We all know that there are some scammers on the market and the only way to avoid them – trade with regulated and well-known broker as TT.
Yev Belley says
Could it be that the delay is due to the bank hoildays in your country or broker’s country? In any case the broker is CySEC regulated. You can always file a complaint with CySEC’s commission.
Jayden Hunt says
I chose teletrade because they support all orders types and have nice conditions for receiving bonus funds to increase my capital slightly. But to be honest, I wasn’t completely sure that the company is honest and I will work. And you know how I made sure that everything would be okay? When I requested the withdrawal, given that I had a bonus, and I got the money out. And the bonus just burned, well, in the end you can always get another chance.
Martin Janssen says
I like so-called TeleTrade sync-trading, among many companies that provide such feature TeleTrade seems to be the most trusted and the bbest regulated. I use sync-trading for a half-a-year now and my profit for this time was 410%, seems good, as I don’t do nothing, just watch how master trades.
I have a bad experience with them on funds withdrawal, they delayed withdrawal process for more that a week now. If someone knows where to place a complaint to please help.
well i dont like this broker because its only accepting payments by credit and debit cards and minimum investment is 2000$ which seems they only want vip investors.Too many features are missing i.e pam accounts, swap free and only one currency accepted.