Teletrade vs Directshares, Who's Better?
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Teletrade vs Directshares Guide |
Read our In-Depth Teletrade vs Directshares Review - 2024 Update
Our Teletrade vs Directshares review has been updated to reflect any changes for 2024 by seasoned professionals with significant expertise in Social Trading, Forex, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of Teletrade vs Directshares does not apply to all countries as follows:
Teletrade Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Directshares Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare Teletrade vs Directshares
Every platforms for online trading feature some ups and downs, so a complete Teletrade and Directshares review should not be complete without adopting an objective perspective.
Examine Directshares and Teletrade to get a better understanding of just how they stack up against each other before you choose to make an account. A comparative analysis will bring aspects into perspective to ensure that you remain aware of what you should anticipate.
So you are looking for a professional broker and are choosing between Teletrade or Directshares. Who is better in 2024?
Our Teletrade vs Directshares comparison contains the latest information so you can easily compare Directshares against Teletrade.
If you are a new entrant in the world of trading and brokers, so many details will be perplexing for you. Getting into the world of trading requires expert assessing skills and comprehensive understanding. You'll acquire adept at all of the concepts of brokerage since you continue trading. For starters, you need to select the right broker who will be clear with you constantly.
In this fast-paced universe of stock markets and trading, you will need guidance to make proper decisions. A professionally direct investment plan has the potential to generate hefty returns. Teletrade and Directshares are two such companies that will take you and your investment into great heights. It's important to compare Teletrade vs Directshares before you trust them with your money.
Our Teletrade vs Directshares comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Teletrade and Directshares side by side.
Our full Teletrade vs Directshares Review covers everything you need to know about trading with either Teletrade or Directshares. A good broker can multiply your initial investments and provide you favorable profits. If you want to earn profits, you should trade with a broker service that aligns with your investing goals.
There's absolutely no sure-fire way to ensure profits; therefore, you must carefully assess your agent before you choose them. It's a common misconception that all agents are exactly the same, but that is not correct. Wrong judgment, in the beginning, can set your investments at risk.
Teletrade and Directshares are both brokers that have found their way successfully to the broker world. Within this review, we have tried to collate some of the vital facets of both Teletrade and Directshares. This review will allow you to understand whether either Directshares or Teletrade is a good match for your investments or not. We've attempted to breakdown all the features and charges for your convenience.
Benefits of Teletrade and Directshares Compared
Teletrade has a minimum deposit of $100 while Directshares offers a $100 minimum deposit.
Why smaller minimum deposits are good and how Teletrade and Directshares 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.
Teletrade has around 221 financial instruments whilst Directshares has around 221 financial instruments available.
The more financial instruments you can trade on the Teletrade and Directshares 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 Teletrade or Directshares.
Teletrade and Directshares Contact Details
Being able to contact an online trading platform through many ways is vital. Teletrade and Directshares have the following contact details and social medias that you can use.
Broker | Teletrade | Directshares |
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Teletrade Twitter Account | Directshares Twitter Account | |
Teletrade Facebook Page | Directshares Facebook Page | |
Teletrade Instagram Account | Directshares Instagram Account | |
Teletrade LinkedIn Page | Directshares LinkedIn Page | |
YouTube | Teletrade YouTube Channel | Directshares YouTube Channel |
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Directshares and Teletrade 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.
In this part of our comparison of Teletrade and Directshares we'll check whether either of their mobile apps tick all the boxes.
We rate overall the user-friendliness of both apps as better than average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
While most brokers are good at this, there are some poor ones. 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?
Teletrade vs Directshares - Awards
Teletrade vs Directshares - Frequently Asked Questions
Teletrade vs Directshares - Headquarters And Year Of Founding
Teletrade was founded in 2008 and has its headquaters in Cyprus.
Directshares was founded in 2007 and has its head office in Australia.
What is the minimum deposit for Directshares or Teletrade
The minimum deposit for Teletrade is $100.
The minimum deposit for Directshares is $100.
Depending on your current situation, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both Teletrade and Directshares are a good option.
Teletrade vs Directshares - Regulation And Licencing In More Detail
Teletrade is regulated by Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID).
Directshares is regulated by The Portuguese Securities Market Commission (CMVM).
Both Teletrade and Directshares have a strong set of rules for ensuring honest trading on their platforms. For information encryption purposes, they provide industry-standard secure socket layers (SSL).
As per their own privacy regulations, client information is to not be shared with any other institutions or individuals. Including credit history and other financial information.
Compare Teletrade vs Directshares Commission And Fees
Teletrade and Directshares are online brokerage platforms, and many online brokerages charge lower prices than traditional brokerages tend to bill. The reason for this is that the companies of online trading platforms are scaled much better. That is, an online broker isn't necessarily affected by the amount 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 objective.
The first kind of fees to look out for are trading fees. When you make an actual trade, like buying a stock or an ETF, you are charged trading charges. In such cases, you are paying a spread, financing rate, or even a commission. The sorts of trading fees 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 cost. Financing or overnight prices are those who are charged when you hold a leveraged position for more than a day.
Aside from trading fees, online brokers also bill non-trading fees. These are dependent on the actions you undertake in your account. They're billed for surgeries like depositing cash, not investing for lengthy periods, or withdrawals.
In general, neither Teletrade or Directshares charge high fees in comparison to other online brokers. For operations other brokers fee for, they do not charge a brokerage fee, or they charge a smaller amount. This can be beneficial for people who often exchange, such as weekly or daily trading.
However, non-trading fees charged by Teletrade and Directshares are comparatively greater. Consequently, you are billed more for non-trading actions in your trading accounts, such as withdrawal and deposits. These aren't related to the sale and purchase of resources.
This Teletrade vs Directshares review for 2024 breaks down each of the relevant non-trading charges for you in detail.
Compare Broker Fees For Teletrade And Directshares
Broker | Teletrade | Directshares |
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Minimum Deposit | $100 | $100 |
Withdrawal Fees | No | Yes |
Inactivity Fees | No | No |
Deposit Fees | No | Yes |
CFD Fees | Yes | No |
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What Languages Do Teletrade And Directshares Support?
Being able to communicate completely with your online broker is a key element when comparing trading platforms to find your perfect 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 factor to success when trading forex.
Below you will find all the languages that both Teletrade and Directshares offer communication in.
How Many Clients Do Teletrade and Directshares Have?
Both Teletrade and Directshares are well established with their client base. It is really important to work with an online broker that is professional and one of the most simple ways of establishing this is by knowing how many clients they already work with.
Below you will find details of how many customers Teletrade and Directshares have
Broker | Teletrade | Directshares |
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Clients / Users | 50,000+ | 10,000+ |
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What Payment Methods Do Teletrade and Directshares Accept?
Teletrade and Directshares 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 Teletrade and Directshares
Broker | Teletrade | Directshares |
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Bank Transfers | No | Yes |
Credit Cards | No | Yes |
PayPal | No | No |
Skrill | Yes | No |
Payoneer | No | Yes |
Neteller | Yes | No |
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What Can You Trade With Teletrade and Directshares?
Teletrade offers 221 trading instruments while Directshares offers 86.
Below you will find a full breakdown of what both Teletrade and Directshares offer.
Teletrade Review
Teletrade vs Directshares:
Table Of Contents
- Compare Teletrade vs Directshares
- Benefits of Teletrade and Directshares Compared
- Directshares and Teletrade Mobile App Comparison
- Teletrade vs Directshares - Awards
- Teletrade vs Directshares - Frequently Asked Questions
- What is the minimum deposit for Directshares or Teletrade
- Teletrade vs Directshares - Regulation And Licencing In More Detail
- Compare Broker Fees For Teletrade And Directshares
- What Languages Do Teletrade And Directshares Support?
- How Many Clients Do Teletrade and Directshares Have?
- What Payment Methods Do Teletrade and Directshares Accept?
- What Can You Trade With Teletrade and Directshares?