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Teletrade Guide – Read our In-Depth Teletrade Review

Teletrade Rating: 5.97 / 10

This page contains information about investing with Teletrade. It is intended for educational purposes only and should never be considered financial advice. CompareBrokers.org is not a brokerage or advisory service. We do not recommend or advise that investors buy or sell securities or stocks.

All of the information about the brokers you see reviewed on CompareBrokers.org come from our partners, some of whom we have an affiliate relationship with. These partners do not control the content on the page beyond providing us with datapoints to ensure that (as far as possible) the information in our database is accurate. The datapoints provided are used to calculate a rating based on what we beileve has the most benefit to their users. Our proprietary rating algorithm takes all of the datapoints to generate the rating. This keeps things fair and removes human bias to ensure that our users can compare brokers easily and find the best ones for their needs.

Your capital is at risk

This Teletrade review has been updated for 2022 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.

Please note that due to regulations, the content in this Teletrade review does not apply to users in Brazil, Republic of Korea, Islamic Republic of Iran, Iraq, Syrian Arab Republic, Japan, and United States.

This Teletrade review contains the most recent information about Teletrade.

If you're a new entrant in the world of trading and brokerage, so many details will be perplexing for you. Getting into the area of trading requires expert analyzing skills and thorough understanding. You will acquire adept at all the concepts of brokerage as you keep trading. For starters, you have to choose the right broker who will be clear with you always.

In this fast-paced universe of stock markets and trading, you'll need guidance to make correct decisions. A professional, direct investment plan could aid you in minimising any potential losses and maximising any returns. Teletrade is one such platform that will assist you. It is important to understand about Teletrade until you trust them with your money.

Teletrade review screenshot

Teletrade Guide for 2022 – Quick Overview

Teletrade Telephone Number:
Teletrade Email Address:
Teletrade Address:
Year Founded: 2008
Regulated By: Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID)
Hedquarters: Cyprus
Minimum Deposit: $100
Number Of Clients: 50,000+ Teletrade users and traders
Teletrade LinkedIn:
Teletrade Facebook:
Teletrade Facebook Likes: 0
Teletrade Twitter: @
Teletrade Twitter Followers: 0
Teletrade Instagram:
Teletrade Instagram Followers: 0
Teletrade Youtube:

Your capital is at risk

Our entire Teletrade Review covers everything you need to learn about trading with Teletrade. A fantastic broker can take your first investments and help to protect it from losses but also give you a platform that can provide you profits. If you would like to make profits, you should trade with a brokerage service that aligns with your investing goals.

There is no sure-fire way to ensure profits; thus, you must carefully assess your agent before you select them. It is a frequent misconception that all agents will be the same, but that's not correct. Wrong judgment, initially, can set your investments at risk.

Teletrade is a broker that has paved its way successfully into the brokerage world. Within this review, we have tried to collate a number of the important facets of Teletrade. This review will help you to understand whether Teletrade is a fantastic fit for your own investments or not. We have attempted to breakdown all the qualities and charges for your convenience.

Teletrade Review, Table Of Contents

Who are Teletrade?

Teletrade is a forex broker headquartered in Cyprus and provides a range of tools for online trading. Since its establishment in 2008, Teletrade has emerged as a top player in the field of online broker. Teletrade has an extremely aggressive and full-featured trading site that's focused on currency, indices, metals, sharesand commodities.

Over the past 14 years, Teletrade has grown into one of the leading online brokers.

After launching in 2008, their customer base is becoming as big as 50,000+ clients.

Teletrade is a favourite for many dealers.. Our Teletrade review discovered that they're an excellent choice for automated trading options. It is most appropriate for investors who are looking for a variety of assets. Social and automated trading solutions are the core at Teletrade.

Technology plays a significant role at Teletrade. Teletrade features trading on MT4, MT5, Mac, Web Trader, Tablet & Mobile apps (Ios & Android). Teletrade is honest, transparent, and also a well-regulated broker by the Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID). Their outstanding variety of tools will be beneficial for the majority of traders. Third-party partnerships also supply in-house research.

The trader resource section at Teletrade is quite insightful for new traders since it allows them to get a closer look at the financial markets. Teletrade caters to all types of traders and are a must-have broker for any well-diversified method of trading.

Teletrade Videos

Benefits of trading with Teletrade in 2022

Trading with Teletrade includes numerous advantages. These advantages are what sets Teletrade apart from the rest of the online brokers. You should check all the advantages listed so you have a better understanding of Teletrade.

The broker goes to great lengths to understand what traders want. Consequently, the service, quick, and convenient. The agent also provides a number of platforms for all kinds of traders. Teletrade helps to ensure that the individual needs of all online traders are met to the best of their capabilities.

Teletrade also features excellent trading conditions that are available to only an elite group of institutional customers. The tight spreads and quick executions are a great advantage for those traders. The technology adopted by Teletrade is of the highest caliber, making sure that it's fast, reliable, and effective.

Teletrade acknowledges the significance of owning a fast order execution. A quick execution enables users to trade without worrying about slippage safely. It is going to also help the traders to grab any opportunities.

Teletrade has over 221 trading instruments to support all kinds of traders. These tools are lively and convenient for both new and experienced traders. The traders can put aside all their concerns when trading with Teletrade.

Teletrade overview

Year Founded: 2008

Regulated By: Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID)

Hedquarters: Cyprus

Minimum Deposit: $100

Number Of Clients: 50,000+

Your capital is at risk

If you feel that Teletrade is not right for you then at the bottom of this Teletrade review you wil find a lot of alternatives to Teletrade.

Everything you ought to know about trading using Teletrade

Teletrade is a dynamic platform that offers various procedures of online trading. These tools cover the financial markets substantially. The Majority of the brokerage platforms offer less approaches than Teletrade

If you wish to exchange with Teletrade, you'll need a minimum deposit of $100. This deposit is mandatory if you wish to begin trading with Teletrade. This 2022 Teletrade review will guide you clearly about trading with them.

Teletrade is as flexible as another broker platform. Teletrade is ideal for traders that want a manageable range of cheap services. The platforms supplied by Teletrade are third party, white-label offerings. All traders may select out of MT4, MT5, Mac, Web Trader, Tablet & Mobile apps (Ios & Android).

Together with everything, Teletrade has multiple benefits to new and verteran traders and should be investigated. There's absolutely no minimum time over which a trade has to be kept available. The agents provide premium client service that rewards clients with advantages.

Many less reputable brokers attempt to pressurise customers into bigger financing for superior services. Teletrade, on the other hand, is much more focused on trading volume. Dealers can expect trading conditions to be just, honest and transparent. The more lots traded by the user, the further advantages will become available.

Teletrade accounts are available all over the world and provides quality service everywhere they have clients. There are only a select few countries where Teletrade accounts are not available. Traders in the following countries cannot open or use a Teletrade account:

Brazil, Republic of Korea, Islamic Republic of Iran, Iraq, Syrian Arab Republic, Japan, and United States.

Is Teletrade Safe To Trade With in 2022?

Established in 2008, Teletrade has been operating for 14 years, they are headquarted in Cyprus.

Teletrade is regulated by Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID). These figures have rules that make sure that trading platforms have ploicies in place to maintain investor's assets procured. This usually means that Teletrade users do not need to be worried about their money as it is segregated and safely kept in established banks. SSL encryption simplifies each user's personal information as well.

You are able to make use of an option for 2 Factor Authentications (2FA) with Teletrade for heightened security. An SMS for the confirmation code will be sent to your mobile phone. You will be asked to input this code to log in to your account.

Another concern with fiscal brokers is in regards to safety may be manipulation of trading. This is highly disadvantageous to users on these platforms. However, this is more prevalent in the case of Market Maker brokers who compete with users on the platform.

Teletrade Risk Disclaimer

Your capital is at risk

Pro's & Con's Of Trading With Teletrade

Every online trading platform has a few pros and cons Teletrade review would be complete without showing both sides. This Teletrade review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.

Teletrade Pro's

  • Teletrade is trusted by 50,000+ clients
  • Teletrade has low minimum deposit requirements
  • Teletrade doesn't charge withdrawal fees
  • Teletrade doesn't charge inactivity fees
  • Teletrade doesn't charge deposit fees
  • Teletrade offer trading on MT4, MT5, Mac, Web Trader, Tablet & Mobile apps (Ios & Android)
  • Teletrade offer 221 trading instruments
  • Teletrade trades major forex pairs
  • Teletrade trades minor forex pairs
  • Teletrade trades exotic forex pairs
  • Teletrade offers trading on cryptocurrencies
  • Teletrade can communicate in English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian

Teletrade Con's

  • Teletrade does not offer Negative Balance Protection
  • Teletrade does not offer Guaranteed Stop Loss
  • Teletrade charge CFD fees
  • Teletrade doesn't offer social trading
  • Teletrade doesn't offer copy trading
  • Teletrade doesn't offer trailing stop

Teletrade Review - Compare Brokers Similar To Teletrade

Teletrade
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Colmex
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ForexTB
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ads securities
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Rating 5.97 / 10 4.46 / 10 4.53 / 10 4.8 / 10
Minimum Deposit $100 $100 $250 $250
Year Founded 2008 1990 2015 2012
Headquarters Cyprus Cyprus Cyprus Bulgaria
Regulated By Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID) Securities and Exchange Commission (SEC) Cyprus Securities and Exchange Commission (CySEC), CIF license number 272/15 Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F219
Clients 50,000+ 10,000+ 5,000+ 10,000+
Find Out More


Your capital is at risk


Your capital is at risk


CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.80% of retail investor


Your capital is at risk

Teletrade Review - Regulation And Licencing In More Detail

Teletrade is regulated by Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID).

Teletrade, as a company, has a strong collection of rules for ensuring fair trading on its own platform. For data encryption functions, it provides an industry-standard secure socket layer (SSL).

As per the company's privacy regulations, customer data is to not be shared with any other institutions or individuals. Including credit history and other financial details.

Teletrade Review - Awards

At the time of writing this Teletrade review, and despite Teletrade’s impressive offering, the company has surprisingly not garnered any other awards to date.

Teletrade Trading Platforms

Teletrade are a trustworthy broker that has been operating for over 14 years. They offer a wide range of options in their user accounts.

Below we take the main parts of any good broker and compare Teletrade with Colmex, ForexTB, and ads securities

Teletrade
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Colmex
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ForexTB
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ads securities
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Demo Account Yes Yes Yes Yes
Proprietary Platform
Windows App Yes Yes Yes Yes
Mac App Yes Yes Yes Yes
Linux App No No No No
Social Trading No Yes No Yes
Copy Trading No Yes No Yes
MetaTrader 4 (MT4) Yes Yes Yes No
MetaTrader 5 (MT5) Yes Yes Yes Yes
cTrader Yes Yes Yes Yes
DupliTrade No No No No
ZuluTrade


Your capital is at risk


Your capital is at risk


CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.80% of retail investor


Your capital is at risk

Teletrade Review - Teletrade MetaTrader 4 (MT4)

MetaTrader 4 also known as MT4 is one of the top trading platforms on the planet and has been in active use on financial markets since 2005. The MetaTrader 4 software delivers a feature-rich, user-friendly interface and an extremely customisable trading environment, designed to cover all your trading needs and boost your trading performance. Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically.

The MetaTrader 4 (MT4) trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 (MT4) platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements.You can start using the MetaTrader 4 platform with Teletrade in multiple formats including through an online web platform, or through a downloadable application for Windows PC's and Mac's. Teletrade MetaTrader 4 is compatible with the latest macOS. Teletrade allows traders to trade on mobile devices through Android and iOS devices.

Metatrader 4 Webtrader and Teletrade

MetaTrader 4 is the most popular trading platform in the world as most and more traders begin to trade online Metatrader 4 is available as a web based application available through your web browser. MetaTrader 4 web software provides the same easy to use performance as the desktop version using advanced charting, a highly customisable trading environment, easy to access online trading tools and many different indicators.

Trading With Teletrade MetaTrader 4 On iOS Devices

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

Download the Teletrade MetaTrader 4 Program free of charge from Apple's App Store. Teletrade customers have instant access to the Financial markets, with the ability to completely manage a Portfolio on the go.

Trading With Teletrade MetaTrader 4 On Android Devices

Andorid mobile devices and tablets are used by millions of people globally. Teletrade provides its clients access to the MetaTrader 4 platform on Android supported devices so that their 50,000+ customers can monitor the financial marketplace and trade directly from their Android-based Smartphones and tablets. The Android Teletrade MetaTrader 4 Android application enables traders to make the most of multiple advanced trading features which enables them to monitor and trade quickly on the go, simply and securely.

Teletrade Review - Minimum Deposit Required

The minimum deposit you must deposit to begin on Teletrade is $100. This is an adequate amount for those just starting out. It's possible to create more complex deposits as you go along. But, ensure that you understand how to make the most of your cash before investing in larger sums.

Teletrade Review - Commission And Fees Explained

Teletrade is an online broker platform, and many online brokerages charge lower prices than traditional brokerages tend to bill. The reason for this is that the companies of online brokerages are scaled much better. That is, an internet broker is not necessarily influenced by the number of clients they have.

But this doesn't mean that online brokers do not charge any fees. They charge prices of varying rates for various services to earn money. There are primarily 3 types of penalties for this purpose.

The first kind of charges to look out for are trading charges. When you make an actual trade, like buying a stock or an ETF, you are charged trading charges. In these instances, you're spending a spread, funding speed, or a commission. The kinds of trading fees and the rates vary from broker to broker.

Commissions can be fixed or determined by the traded quantity. On the flip side, a spread denotes the difference between the buying and selling cost. Financing or overnight rates are people who are charged when you maintain a leveraged position for more than a day.

Apart from trading fees, online agents also bill non-trading fees. These are dependent on the actions you undertake in your account. They're charged for operations like depositing cash, not investing for long periods, or withdrawals.

Generally, Teletrade does not charge high fees compared to other online agents. For operations other brokers fee for, they either do not charge a broker fee, or they charge a lesser sum. This is beneficial for people who often trade, such as daily or weekly trading.

However, non-trading fees billed by Teletrade are comparatively lower. As a result, you are charged more for non-trading activities in your trading account, like deposits and withdrawal. These aren't related to the sale and purchase of resources.

This Teletrade review breaks down every one of the applicable non-trading charges for you in detail.

Compare Broker Fees Of Teletrade

Teletrade
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Colmex
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ForexTB
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ads securities
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Minimum Deposit $100 $100 $250 $250
Withdrawal Fees No No No No
Inactivity Fees No No No No
Deposit Fees No No No No
CFD Fees Yes No No No


Your capital is at risk


Your capital is at risk


CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.80% of retail investor


Your capital is at risk

Teletrade Review - Withdrawal Fees Explained

Teletrade doesn't charge withdrawal fees

Withdrawal of money is possible at any moment from the Teletrade account. You can draw up sums to the amount of your account balance, keeping aside the perimeter used. 1 thing to keep in mind is that you don't always need to have any money in your account.

In addition, the withdrawn money will be moved directly to the accounts you use to make deposits. Thus, in the event that you used a credit card for deposits, the withdrawn money will be sent into the card. Teletrade will ask you to provide other withdrawal methods in case your details have changed since your deposit.

There is a minimum withdrawal amount. In the event you are withdrawing money in different currencies from USD, a conversion fee is also applicable. The conversion fee will depend on the money you are opting to withdraw in.

Teletrade Review - Inactivity Fees Explained

Understanding whether you will be charged inactivity fees is one of the buzzing questions that run through your mind when open an account with Teletrade. An inactivity fee is an amount charged to registered dealers who haven't participated in purchasing or selling for a while. The period regarded as inactive is decided by the broker.

The inactivity fee differs from one broker to another and is not generalized. If a dealers account does not have a buying or selling transaction, it's maintained by the broker as an inactivity fee. The traders have to pay this fee under terms and conditions that they had agreed while registering.

Teletrade doesn't charge inactivity fees so you are free to use your account as needed

Even if no charges have been indicated by Teletrade, it's best that you close the account if you are inactive. Inactivity fees aren't just charged by broker firms but also many financial services.

For additional trading platforms, the inactivity fee depends on the sort of account you've chosen. The inactivity fee is subjected to many circumstances and needs to be disclosed clearly by the broker beforehand.

Teletrade Review - Deposit Fees Explained

When you transfer money into your trading account by your bank account, a deposit fee can be billed by the broker. Most brokers don't charge an excessive amount of money for this operation.

Teletrade doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed

Depositing cash on the Teletrade trading platform is simple. You simply need to finish a single-user profile questionnaire to start depositing money into your trading account. You will need to give an identity evidence and proof of residency to deposit large sums.

Teletrade Review - Compare Broker Deposit Methods

Teletrade
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Colmex
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ForexTB
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ads securities
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Minimum Deposit $100 $100 $250 $250
Credit Card No Yes Yes Yes
PayPal No No No Yes
Neteller Yes No No Yes
Skrill Yes No No Yes
Payoneer No Yes Yes Yes


Your capital is at risk


Your capital is at risk


CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.80% of retail investor


Your capital is at risk

What Can You Trade With Teletrade in 2022?

Note: Teletrade provides many different trading instruments due to regulatory restrictions in some countries. Trading instruments offered will be different depending on the country of residence of the client.

Teletrade has a wide variety of over 221 instruments available for you to trade with.

If trading forex pairs is of interest to you then Teletrade offer over 60 forex pairs.

Compare Teletrade, Colmex, ForexTB & ads securities below.

Teletrade
learn more about Teletrade
Colmex
learn more about Colmex
ForexTB
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ads securities
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Platforms MT4, MT5, Mac, Web Trader, Tablet & Mobile apps (Ios & Android) Desktop, Android, iPhone, Mac MT4, Web Trader, Tablet & Mobile apps MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps
Instruments Available 221 78 100 102
Forex & Crypto
Forex Pairs Available 60 50 72
Offers Major Forex Pairs? Yes Yes Yes Yes
Offers Minor Forex Pairs? Yes No Yes Yes
Offers Exotic Forex Pairs? Yes NO Yes Yes
Offers Cryptocurrencies? Yes NO Yes Yes
Commodity CFD's
Commodities Offered 10 0 0 18
Trade Metals? Yes No No Yes
Trade Energies? Yes No No Yes
Trade Agricultural? No No No No
Indiced & Stock CFDs
Stocks Offered 200 0 0 18
Trade UK Shares? Yes Yes No No
Trade US Shares? Yes NO No No
Trade German Shares? No No No Yes
Trade Japanese Shares? No No No No


Your capital is at risk


Your capital is at risk


CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.80% of retail investor


Your capital is at risk

Reviewing The Teletrade Mobile App

Note: Teletrade's mobile app has many functions and is being developed all the time. The table below was accurate at the time of compiling this Teletrade review.

Understand the capabilities of the mobile apps of Teletrade, Colmex, ForexTB & ads securities below.

Teletrade
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Colmex
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ForexTB
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ads securities
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Basic Alerts / Push Notifications Yes Yes Yes Yes
Watchlists
Has A Watchlist Yes Yes No Yes
Watchlist Syncs Across Platforms Yes No Yes No
Indicators And Charts
App Indicators Yes Yes No Yes
Can Draw Trendlines Yes No Yes No
Can Move Trendlines Yes Yes No Yes
Has Multiple Timeframes Yes No Yes No
Saves Charts Yes Yes No Yes
Other Broker Mobile App Functions
Has Economic Calendars Yes Yes No Yes


Your capital is at risk


Your capital is at risk


CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.80% of retail investor


Your capital is at risk

Trading Education Available At Teletrade

Understand the trading resources available with Teletrade, Colmex, ForexTB & ads securities below.

Teletrade
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Colmex
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ForexTB
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ads securities
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Forex Education Yes Yes No Yes
CFD Education Yes No Yes No
Regular Client Webinars Yes Yes No Yes
Archived Webinars Yes No Yes No
Beginner Trading Videos Yes Yes No Yes
Advanced Trading Videos Yes No Yes No
Investor Dictionary (Glossary) Yes Yes No Yes
PDF Trading Guides Yes No Yes No


Your capital is at risk


Your capital is at risk


CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.80% of retail investor


Your capital is at risk

Teletrade Customer Support

As part of our Teletrade review we looked at the options for customer service including response times, and the Teletrade trading platform issue resolution effectiveness. Teletrade provides support in many languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian.

Teletrade Live Chat Support

We tested the livechat experience with Teletrade and it worked flawlessly. We sent messages to Teletrade livechat via their website and app and got a reply within 20 seconds. Sometimes there was no response.

We tried communicating through Teletrade support in multiple languages across multiple countries. Teletrade were able to resolve our customer concerns.

Teletrade Phone Support

We called Teletrade and the call was answered very quickly. We were able to have the call answered in less than 5-10 minutes.

Teletrade phone support team was able to successfuly answer our questions and concerns on the phone. We tried the multilingual Teletrade team by making calls in various languages. Teletrade made an effort to ensure all of our questions were answered.

The overall support via phone from Teletrade was good.

Teletrade Email Support

We sent several emails to Teletrade and responses were generally very good. The fastest email response from Teletrade was 3 hours while the most slow response was 8 days! There were times when there wasn't a response. Support response times may vary for you at Teletrade, however we have had this experience sending out 10 emails at various times.

The team was able to resolve and answer our questions. Average email support from Teletrade was acceptable.

Alternatives To Teletrade

If, after reading this Teletrade review, they don't quite meet your needs check out these Teletrade alternatives.

We've scoured the internet to find the best alternatives to Teletrade. Click on the hyperlinks below to learn more.

Frequently Asked Questions about Teletrade

Can I try Teletrade before I buy?

Yes, you can most definitely try Teletrade before you buy. Teletrade offers demo accounts for the ease of beginner traders. You can use this feature to build your faith in the system as well as yourself and your trading strategies.

If you sign up for a demo account on Teletrade, you will set out with a decent amount of virtual money. It is to establish a feeling of security and confidence in you before you choose to spend your own money.

With this virtual Teletrade demo account, you are able to experiment at all, to whatever period you desire. You might even open positions, test different trading approaches, and more.

Teletrade specifies on its official website that you are able to exchange real time stocks with your demo account.

Is Teletrade safe?

You can drop all your worries because we believe that Teletrade is totally safe to use. It is in compliance with all the rules of Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID).

Nevertheless, Teletrade does not provide assured stop-loss protection.

Why does Teletrade ask for my passport?

The reason that Teletrade asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, Teletrade has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, Teletrade must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.

How can I start trading with Teletrade?

The process to start trading withTeletrade is perhaps simple enough to be a cakewalk. You need to begin by signing up on the Teletrade website. It will require you to fill in details pertaining to the credibility and security of your account.

Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live account with Teletrade is $100. You should have a good understanding of the nuances of online trading before you set out and trade with real money.

If you are confident of your knowledge and understanding, you can open an account with Teletrade.

The best way to kickstart your trading career with Teletrade is to open a demo account facility before risking any real money

What funding methods do Teletrade accept?

There are a number of methods to finance your account with Teletrade. The process is effortless and quick, with various payment methods in your fingertips.

You can use credit or debit cards Which range from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal can be at your disposal for depositing money. You must bear in mind that PayPal isn't available in all country. The monies Teletrade

Is my money safe with Teletrade?

Yes, your cash is safe and protected with Teletrade. As you know, Teletrade operates with proper conformation to. It's established plenty of measures to guard all of its own investors.

Teletrade safeguards its customers' personal and sensitive data under SSL encryption. Your funds will be kept highly secure in top-tier banks.

If you wish to further safeguard your account, it is possible to empower Two-Step Verification also. It requires an SMS confirmation for you to get your accounts.

Is Teletrade trading good?

Yes, trading through Teletrade is a nice and good experience indeed. It's an excellent and intuitive platform with helpful features for your ease. In addition, you can even obtain access to a huge selection of educational resources and assistive material to kickstart your trading expertise.

If you are still skeptical, you can open a eToro demo account and assess the credibility of the platform for yourself.

Which Countries do Teletrade support?

Teletrade operates across the world. However, due to regulations Teletrade does not accept clients resident in Brazil, Republic of Korea, Islamic Republic of Iran, Iraq, Syrian Arab Republic, Japan, and United States.

Is Teletrade legit?

Teletrade is a legit company headquarted in Cyprus since 2008. They are regulated by Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID). Teletrade is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.

Is Teletrade a good broker?

Teletrade is an excellent agent, and its own users can vouch for this. The highlight of the platform is its quick order execution on trades.

You will find the clean design of this platform along with the commendable features a pleasure to work with.

Is Teletrade a trustworthy broker?

Yes, Teletrade is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 50,000+ users registered with them can reaffirm their trustable nature.

What is the minimum deposit for Teletrade?

The minimum deposit to open a live account with Teletrade is $100

How long do Teletrade withdrawals take?

Normally, withdrawal of money from Teletrade is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for the withdrawal from Teletrade to show in your bank account.

Are Teletrade regulated?

Teletrade are regulated by Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID)

Is Teletrade a market leading broker?

Teletrade is currently one of the business leaders. It supports over 50,000+ registered users and over 14 years of experience on its own record. They are among the world's leading trading platforms and also a dominant figure in the Fintech revolution.

It simplifies this standing to its incredible platform and wide selection of tools plus resources so you may invest in capital markets.

Is Teletrade a con?

No, Teletrade is not a con. They are regulated by Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID) and must adhere to their rules. Thus, it is safe to say that Teletrade is not a scam.

Can you make money with Teletrade?

Through Teletrade, many traders make a great deal of money. But on average, through consistent trading, you can create between 2% - 10% profit a month.

This may seem like a small number, but within the entire year, this adds to a significant number of gains. Even though Teletrade supply you all the tools to earn money, they can't guarantee you will profit.

Does Teletrade have fees?

Yes. To start trading using Teletrade, you need to deposit $100. Particular commissions while trading additionally applies. Any processing fees from your bank will have to be incurred by you.

When was Teletrade founded?

Teletrade was founded in 2008 in Cyprus. Teletrade is regulated by Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID).

How many people use Teletrade?

Teletrade is a globally recognised agent with 50,000+ customers.

Where is the Teletrade head office?

Teletrade has its head office in Cyprus

Does Teletrade offer negative balance protection?

No. Teletrade doesn't offer negative balance protection. If your balance is negative, Teletrade suggests you contact client services. With this, you are able to correct any imbalances within your own account.

Does Teletrade offer guaranteed stop loss?

Teletrade unfortunately, doesn't offer guaranteed stop loss. Teletrade provides an opportunity for its traders to close their trades at their given price. Aside from this, Teletrade doesn't offer guaranteed stop loss.

Does Teletrade allow scalping?

Yes, Teletrade do permit scalping. Many traders across the world choose Teletrade for their scalping services. They offer trading on MT4, MT5, Mac, Web Trader, Tablet & Mobile apps (Ios & Android) which let this.

Does Teletrade allow hedging?

Yes, Teletrade does allow hedging.

Can you trade energies with Teletrade?

Yes, you can trade energy stocks with Teletrade

Can you trade agricultural shares with Teletrade?

No, unfortunately you cannot trade agricultural stock with Teletrade

Can you trade cryptocurrency with Teletrade?

Yes, you can trade cryptocurrency with Teletrade

Can you trade metals with Teletrade?

Yes, you can trade metals with Teletrade

Can you trade UK Shares with Teletrade?

Yes, you can trade UK shares with Teletrade

Can you trade US Shares with Teletrade?

Yes, you can trade US shares with Teletrade

Can you trade Japanese Shares with Teletrade?

No, unfortunately you cannot trade Japanese shares with Teletrade

Can you trade German Shares with Teletrade?

No, unfortunately you cannot trade German shares with Teletrade

Does Teletrade accept bank transfers?

No, Teletrade does not accept bank transfers.

Does Teletrade accept credit cards?

No, Teletrade does not accept credit cards.

Does Teletrade accept PayPal?

No, Teletrade does not accept PayPal.

Does Teletrade accept Skrill?

Yes, Teletrade accepts Skrill for depositing money.

Does Teletrade accept Payoneer?

No, Teletrade does not accept Payoneer.

Does Teletrade accept Neteller?

Yes, Teletrade accepts Neteller for depositing money.

Does Teletrade offer Live Chat customer support?

Yes, Teletrade offers customer support through live chat.

Does Teletrade offer phone customer support?

Yes, Teletrade offers customer support over the telephone.

Does Teletrade offer email customer support?

Yes, Teletrade offers customer support through email.

What languages can Teletrade communicate in?

Teletrade has the ability to communicate and support customers who speak: English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian

Does Teletrade have a wikipedia page?

No, Teletrade does not have an official wikipedia page.

Does Teletrade offer demo accounts?

Yes, Teletrade offers demo accounts so you can learn their systems before risking any real money. New traders can open a demo account in order to become better acquainted with the areas of Forex trading and test out some of Teletrade's features before risking a live account.