Teletrade Alternatives: Pros, Cons, And How It Stacks Up Updated for 2025
This alternatives to Teletrade guide has been updated for 2025 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about the alternatives to Teletrade to make sure you have as much information as possible to make an informed decision.
There are a lot of good alternatives to Teletrade like Startrader, freetrade, and easyMarkets. They all provide the same, if not more, features to their clients. If you feel that Teletrade is not quite right for you then it would be worth getting a virtual account with a few of the best Teletrade alternatives and check if they are a better fit for you before moving any money around.
The most detailed guide to Teletrade alternatives online
There are many reasons Teletrade may not be a good fit for you. Whatever reason you are hunting for a new Teletrade alternative or Teletrade competitor with similar services, comparebrokers.org try to give you as much useful information so you can make an informed choice. Below you will discover the best Teletrade alternatives.
For each of our alternative to Teletrade, we break down the key differences to Teletrade and for each platform feature show you the best alternatives. For every Teletrade alternative online broker listed we also have detailed broker reviews and guides that you can easily click to read elsewhere on comparebrokers.org, all based on hundreds of datapoints collected and reviewed by experts. If you are unimpressed with Teletrade, discover some great alternative brokersbrokers|online trading platforms|brokerages.
Trading with a professional and dependable broker is vital to having a successful trading career. All of the Teletrade alternative platforms listed in this Teletrade alternatives guide have good reputations and match what you are looking for.
Alternatives With Lower Minimum Deposit
Teletrade has a minimum desposit of $100, you can check how the minimum deposit requirements of Teletrade compare with the minimum deposits of Teletrade competitors. Brokers offer lower minimum deposits to get traders to join with them, but having higher a minimum deposit isn’t always a bad thing, it all depends on your individual trading needs.
| Broker | Minimum Deposit | Find Out More |
|---|---|---|
|
Teletrade |
$100 | |
| freetrade |
$0 | |
| easyMarkets |
$100 | |
| Uphold |
$1 | |
| ThinkMarkets |
$0 |
Alternatives Offering Demo Accounts
Teletrade offers demo accounts so you can learn their systems before risking any real capital. Inexperienced traders can open a demo account in order to become better acquainted with the areas of Forex trading and test out some of the company’s features before signing up for a live account.
Below we show some of the best alternatives to Teletrade that has demo accounts.
| Broker | Offers Demo Account? | Find Out More |
|---|---|---|
|
Teletrade |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
Yes |
|
Alternatives Offering Negative Balance Protection
Teletrade doesn't provide negative balance protection. If your balance is unfavorable, Teletrade indicates that you contact client services. So you are able to fix any imbalances in your account.
Below we detail some of the best alternatives to Teletrade that have negative balance protection.
| Broker | Offers Negative Balance Protection? | Find Out More |
|---|---|---|
|
Teletrade |
No | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| Uphold |
Yes |
Alternatives Offering Guaranteed Stop Loss
Teletrade unfortunately, doesn't offer guaranteed stop loss. Teletrade gives a chance for its dealers to close their trade at their specified price. Aside from that, Teletrade does not offer guaranteed stop loss.
Below we list some of the top Teletrade alternatives that has guaranteed stop loss available for their clients.
| Broker | Offers Guaranteed Stop Loss? | Find Out More |
|---|---|---|
|
Teletrade |
No | |
| easyMarkets |
Yes | |
| Uphold |
Yes | |
| instaforex |
Yes | |
| FreshForex |
Yes |
Alternatives Offering Scalping
Teletrade do permit scalping. Several traders across the world choose Teletrade due to their scalping services. They offer trading on MT4, MT5, Mac, Web Trader, Tablet & Mobile apps (Ios & Android) which let this.
Below we detail some of the top alternatives to Teletrade that allow scalping functionality to their customers.
| Broker | Offers Scalping? | Find Out More |
|---|---|---|
|
Teletrade |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Hedging
Teletrade do permit hedging. Several traders across the world select Teletrade for their hedging services. They offer trading on MT4, MT5, Mac, Web Trader, Tablet & Mobile apps (Ios & Android).
Below we show some of the top alternatives to Teletrade that allow hedging services to their user base.
| Broker | Offers Hedging? | Find Out More |
|---|---|---|
|
Teletrade |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Social Trading
Regretably, Teletrade does not offer social trading.
Below we list some of the best Teletrade alternatives that has social trading capabilities.
| Broker | Offers Social Trading? | Find Out More |
|---|---|---|
|
Teletrade |
No | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Copy Trading
Regretably, Teletrade does not offer copy trading.
Below we detail some of the top alternatives to Teletrade that have copy trading to their users
| Broker | Offers Copy Trading? | Find Out More |
|---|---|---|
|
Teletrade |
No | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Compare Teletrade To All Other Brokers