Startrader vs Teletrade, Updated for 2024
Read our In-Depth Startrader vs Teletrade Review - Updated for 2024
This comprehensive analysis of Startrader and Teletrade has been refreshed to reflect any changes for 2024 from seasoned professionals boasting significant expertise across Social Trading, Forex, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of Startrader vs Teletrade does not apply to all countries as follows:
Startrader Excluded Countries
United States of America,
Teletrade Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare Startrader vs Teletrade
Each platforms for online trading will have a few advantages and disadvantages, so any comprehensive Startrader and Teletrade review should not be complete without having a fair assessment.
Compare Startrader and Teletrade to understand how these platforms stack up against each other prior to you choose to make an account. A side-by-side comparison can put things into perspective in order that you remain aware of what you should anticipate.
So you are looking for a broker and are choosing between Startrader or Teletrade. Who is better in 2024?
This Startrader vs Teletrade comparison contains the most recent information so you can easily compare Teletrade against Startrader.
If you are a new entrant in the realm of trading and brokerages, so many details will be perplexing for you. Getting into the area of trading requires expert assessing skills and comprehensive understanding. You'll acquire proficient at all of the concepts of brokerage since you keep trading. For starters, you need to select the right broker who will be clear with you always.
Within this fast-paced world of stock markets and trading, you'll need advice to make correct decisions. A professionally direct investment program has the potential to generate hefty returns. Startrader and Teletrade are just two such stages which will take you and your investment to great heights. It's crucial to compare Startrader vs Teletrade before you trust them with your cash.
Our Startrader vs Teletrade comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Startrader and Teletrade side by side.
Our full Startrader vs Teletrade Review covers everything you need to know about trading using either Startrader or Teletrade. A good broker can multiply your first investments and provide you positive profits. If you want to earn profits, you should trade with a brokerage service that aligns with your investing goals.
There is no sure-fire method to ensure profits; thus, you must carefully assess your agent before you select them. It's a frequent misconception that all agents are exactly the same, but that's not true. Wrong judgment, in the beginning, can put your investments at risk.
Startrader and Teletrade are both brokers which have forged their way successfully to the brokerage world. In this review, we have attempted to collate some of the vital aspects of both Startrader and Teletrade. This review can help you to know whether either Teletrade or Startrader is a good fit for your investments or not. We have attempted to breakdown all of the features and charges for your convenience.
Benefits of Startrader and Teletrade Compared
Startrader offers a minimum deposit of $50 while Teletrade has a $100 minimum deposit.
Why smaller minimum deposits are good and how Startrader and Teletrade compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
Startrader has around 170 financial instruments while Teletrade allows you to trade around 170 on their platform.
The more financial instruments you can trade on the Startrader and Teletrade platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you never want to miss out on a trading opportunity due to the limitations of Startrader or Teletrade.
Startrader and Teletrade Contact Details
Being able to contact your broker easily is a sign of a professional broker. Startrader and Teletrade have the following contact details and social medias that you can use.
|+86 4001 201725
|Flat/Rm A, 12/F, ZJ300, 300 Lockhart Road, Wan Chai, Hong Kong
|Startrader Twitter Account
|Teletrade Twitter Account
|Startrader Facebook Page
|Teletrade Facebook Page
|Startrader Instagram Account
|Teletrade Instagram Account
|Startrader LinkedIn Page
|Teletrade LinkedIn Page
|Startrader YouTube Channel
|Teletrade YouTube Channel
|Find Out More
Teletrade and Startrader Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
This part of comparing Startrader and Teletrade will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of both apps as Better than the average.
It is important that any trading app has user friendly capabilities especially with the
Although most brokers do OK in this area, there are some bad apples out there. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
Startrader vs Teletrade - Awards
Startrader vs Teletrade - Frequently Asked Questions
Startrader vs Teletrade - Headquarters And Year Of Founding
Startrader was founded in 2011 and has its head office in Hong Kong.
Teletrade was founded in 2008 and has its headquaters in Cyprus.
What is the minimum deposit for Teletrade or Startrader
The minimum deposit for Startrader is $50.
The minimum deposit for Teletrade is $100.
Depending on your needs, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both Startrader and Teletrade are a good choice.
Startrader vs Teletrade - Regulation And Licencing In More Detail
Startrader is regulated by Financial Conduct Authority (FCA), Saint Vincent and Grenadines (SVG) and Financial Services Authority Seychelles (FSA).
Teletrade is regulated by Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID).
Both Startrader and Teletrade have a powerful collection of rules for ensuring fair trading on their individual platforms. For data encryption purposes, they supply industry-standard secure socket layers (SSL).
In accordance with their privacy policies, customer data is never to be shared with any other institutions or individuals. Including credit history and other financial information.
Compare Startrader vs Teletrade Commission And Fees
Startrader and Teletrade are online broker platforms, and most online brokerages charge lower fees than traditional brokerages tend to bill. The cause of this is that the businesses of online brokerages are scaled much better. That is, an internet broker isn't necessarily affected by the number of customers they have.
But this does not necessarily mean that online brokers don't charge any fees. They charge prices of varying rates for various services to make money. There are primarily 3 types of fees for this objective.
The first kind of fees to look out for are trading fees. Whenever you make a genuine trade, like buying a stock or an ETF, you're billed trading fees. In such cases, you are spending a spread, financing rate, or a commission. The sorts of trading charges and the prices differ from broker to broker.
Commissions can be fixed or determined by the traded quantity. On the other hand, a spread denotes the difference between the buying and selling price. Funding or overnight rates are those that are billed when you maintain a leveraged position for longer than daily.
Apart from trading charges, online brokers also bill non-trading fees. These are determined by the actions you undertake on your accounts. They are billed for operations like depositing cash, not investing for long periods, or withdrawals.
In general, neither Startrader or Teletrade charge high fees in comparison to other online agents. For operations other brokers fee for, they do not charge a broker fee, or they charge a smaller amount. This can be beneficial for those who regularly exchange, such as weekly or daily trading.
However, non-trading fees billed by Startrader and Teletrade are comparatively lower. Consequently, you are charged more for non-trading actions in your trading accounts, such as deposits and withdrawal. These are not related to the sale and purchase of assets.
This Startrader vs Teletrade review for 2024 breaks down each of the applicable non-trading fees for you in detail.
Compare Broker Fees For Startrader And Teletrade
What Languages Do Startrader And Teletrade Support?
Being able to talk easily with your online broker is a key part of comparing online brokers to find the best trading partner. Not only for support but to be sure you completely understand everything on their website and inside their app as it is a key part of success when trading online.
Here you can find all the languages that both Startrader and Teletrade offer communication in.
How Many Clients Do Startrader and Teletrade Have?
Both Startrader and Teletrade are well established with their client base. It is important to work with a broker you can trust and one of the most simple ways of understanding this is by knowing how many clients they already work with.
Below you will find details of how many customers Startrader and Teletrade are active on their platform
What Payment Methods Do Startrader and Teletrade Accept?
Startrader and Teletrade both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at Startrader and Teletrade
What Can You Trade With Startrader and Teletrade?
Startrader offers 170 trading instruments and Teletrade offers 221.
Below you will find a full breakdown of what both Startrader and Teletrade offer.
Startrader vs Teletrade:
Table Of Contents
- Compare Startrader vs Teletrade
- Benefits of Startrader and Teletrade Compared
- Teletrade and Startrader Mobile App Comparison
- Startrader vs Teletrade - Awards
- Startrader vs Teletrade - Frequently Asked Questions
- What is the minimum deposit for Teletrade or Startrader
- Startrader vs Teletrade - Regulation And Licencing In More Detail
- Compare Broker Fees For Startrader And Teletrade
- What Languages Do Startrader And Teletrade Support?
- How Many Clients Do Startrader and Teletrade Have?
- What Payment Methods Do Startrader and Teletrade Accept?
- What Can You Trade With Startrader and Teletrade?