easyMarkets vs Teletrade, for 2022
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easyMarkets Rating
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Teletrade Rating
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73% of retail CFD accounts lose money with this provider. |
Your capital is at risk |
easyMarkets vs Teletrade Guide |
Read our In-Depth easyMarkets vs Teletrade Review - for 2022
This easyMarkets vs 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 for each broker, the content in this easyMarkets vs Teletrade review does not apply to all countries as follows:
easyMarkets Excluded Countries
United States of America, Israel, Afghanistan, Anguilla, Burundi, Cambodia, Cayman Islands, Chad, Congo, Cuba, Democratic Republic of the Congo, Dominica, Equatorial Guinea, Fiji, Guinea Bissau, Haiti, Honduras, Iran, Iraq, Lao, Libya, Mozambique, Myanmar, Nicaragua, Democratic Peoples Republic of Korea, Palau, Panama, Somalia, Sudan, Syrian Arab Republic, Trinidad and Tobago, Turkmenistan, Vanuatu, Venezuela, and Yemen.
Teletrade Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare easyMarkets vs Teletrade
Every online trading system has a few pros and cons, and no easyMarkets and Teletrade review would be complete without showing both sides. Compare easyMarkets and Teletrade to understand how they stack up against each other before you create an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
So you are looking for a broker and are choosing between easyMarkets or Teletrade. Who is better in 2022?
This easyMarkets vs Teletrade comparison contains the most recent information so you can easily compare Teletrade against easyMarkets.
If you are a new entrant in the world of trading and brokerages, so many facts will be confusing for you. Getting into the area of trading requires expert assessing skills and thorough understanding. You'll acquire proficient at all the concepts of broker as you keep trading. For starters, you have to choose the right broker who'll be clear with you constantly.
Within this fast-paced universe of stock markets and trading, you will need advice to make correct decisions. A professionally direct investment program has the potential to generate hefty returns. easyMarkets and Teletrade are two such platforms which will take you along with your investment to great heights. It's important that you compare easyMarkets vs Teletrade before you trust them with your cash.
Our easyMarkets vs Teletrade comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust easyMarkets and Teletrade side by side.
Our entire easyMarkets vs Teletrade Review covers everything you need to learn about trading using either easyMarkets or Teletrade. A fantastic broker can multiply your first investments and provide you favorable profits. If you would like to earn profits, you should trade with a brokerage service that aligns with your investment goals.
There's absolutely no sure-fire method to guarantee profits; thus, you must carefully analyze your broker before you choose them. It's a frequent misconception that all agents are the same, but that is not correct. Wrong judgment, initially, can put your investments at risk.
easyMarkets and Teletrade are both brokers that have found their way successfully into the brokerage world. Within this review, we've tried to collate a number of the important aspects of both easyMarkets and Teletrade. This review can help you to understand whether either Teletrade or easyMarkets is a fantastic fit for your own investments or not. We've tried to breakdown all the features and charges for your convenience.
Benefits of easyMarkets and Teletrade Compared
easyMarkets offers a minimum deposit of $100 while Teletrade has a $100 minimum deposit.
Why smaller minimum deposits are good and how easyMarkets 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.
easyMarkets has around 200 financial instruments while Teletrade allows you to trade around 200 financial instruments available.
The more instruments you can trade on the easyMarkets 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 easyMarkets or Teletrade.
easyMarkets and Teletrade Contact Details
Being able to contact an online trading platform simply is important. easyMarkets and Teletrade have the following contact details and social medias that you can use.
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Broker | easyMarkets | Teletrade |
Telephone Number | +357 25 828 899 | |
support@easymarkets.com | ||
Address | 1 Griva Digheni, Limassol, Limassol 3035, CY | |
easyMarkets Twitter Account | Teletrade Twitter Account | |
easyMarkets Facebook Page | Teletrade Facebook Page | |
easyMarkets Instagram Account | Teletrade Instagram Account | |
easyMarkets LinkedIn Page | Teletrade LinkedIn Page | |
YouTube | easyMarkets YouTube Channel | Teletrade YouTube Channel |
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Teletrade and easyMarkets Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
This part of comparing easyMarkets and Teletrade will examine whether their mobile app meets all our requirements.
Overall, we rate the user-friendliness of the apps as Better than the average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
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 have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?
easyMarkets vs Teletrade - Awards
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Broker | easyMarkets | Teletrade |
Awards |
easyMarkets have won many industry awards over the years they have been running as a financial broker. We detail the most notable awards for easyMarkets below.
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At the time of writing this Teletrade review, and despite Teletrade’s impressive offering, the company has surprisingly not garnered any awards to date. |
Find Out More |
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easyMarkets vs Teletrade - Frequently Asked Questions
easyMarkets vs Teletrade - Headquarters And Year Of Founding
easyMarkets was founded in 2003 and has its headquaters in Cyprus, Australia.
Teletrade was founded in 2008 and has its headquaters in Cyprus.
What is the minimum deposit for Teletrade or easyMarkets
The minimum deposit for easyMarkets is $100.
The minimum deposit for Teletrade 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 easyMarkets and Teletrade are a good choice.
easyMarkets vs Teletrade - Regulation And Licencing In More Detail
easyMarkets is regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC).
Teletrade is regulated by Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID).
Both easyMarkets and Teletrade have a strong collection of rules for ensuring fair trading on their own platforms. For information encryption functions, they provide 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 easyMarkets vs Teletrade Commission And Fees
easyMarkets and Teletrade are online brokerage platforms, and most online brokerages charge lower prices than traditional brokerages tend to bill. The cause of this is that the businesses of online trading platforms are scaled much better. That is, an internet broker is not necessarily affected by the number of customers they have.
However, this doesn't necessarily mean that online brokers do not charge any fees. They charge fees of varying rates for a variety of services to make money. There are primarily 3 types of fees for this objective.
The first sort of fees to keep an eye 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're spending a spread, financing rate, or a commission. The sorts of trading fees and the prices differ from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the other hand, a spread refers to the difference between the buying and selling cost. Financing or overnight rates are those that are charged when you maintain a leveraged position for longer than a day.
Apart from trading charges, online agents also charge non-trading fees. These are determined by the activities you undertake in your accounts. They are billed for surgeries like depositing cash, not trading for lengthy periods, or withdrawals.
Generally, neither easyMarkets or Teletrade charge high fees in comparison to other online agents. For operations other brokers charge for, they either do not charge a brokerage fee, or they charge a smaller amount. This is beneficial for those who often exchange, for example weekly or daily trading.
However, non-trading fees charged by easyMarkets and Teletrade are relatively greater. Consequently, you're billed more for non-trading actions on your trading accounts, such as withdrawal and deposits. These are not related to the sale and purchase of assets.
This easyMarkets vs Teletrade review for 2022 breaks down each of the applicable non-trading charges for you in detail.
Compare Broker Fees For easyMarkets And Teletrade
What Languages Do easyMarkets And Teletrade Support?
Being able to talk completely with your trading platform is a key element when comparing trading platforms to find your perfect trading partner. Not only for support but to ensure you completely understand everything on their website and inside their application as it is a key part of success when trading online.
Here you can find the languages that both easyMarkets and Teletrade support.
How Many Clients Do easyMarkets and Teletrade Have?
Both easyMarkets and Teletrade are well known and trusted. It is really important to work with a broker that is professional and one of the most simple ways of understanding this is by knowing how many customers are using their services.
Below you will find details of how many customers easyMarkets and Teletrade have
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Broker | easyMarkets | Teletrade |
Clients / Users | 142,500+ | 50,000+ |
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What Payment Methods Do easyMarkets and Teletrade Accept?
easyMarkets 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 easyMarkets and Teletrade
What Can You Trade With easyMarkets and Teletrade?
easyMarkets offers 200 trading instruments and Teletrade offers 221.
Below you will find a full breakdown of what both easyMarkets and Teletrade offer.
Compare easyMarkets To All Other Brokers
Compare Teletrade To All Other Brokers
easyMarkets Review
easyMarkets vs Teletrade:
Table Of Contents
- Compare easyMarkets vs Teletrade
- Benefits of easyMarkets and Teletrade Compared
- Teletrade and easyMarkets Mobile App Comparison
- easyMarkets vs Teletrade - Awards
- easyMarkets vs Teletrade - Frequently Asked Questions
- What is the minimum deposit for Teletrade or easyMarkets
- easyMarkets vs Teletrade - Regulation And Licencing In More Detail
- Compare Broker Fees For easyMarkets And Teletrade
- What Languages Do easyMarkets And Teletrade Support?
- How Many Clients Do easyMarkets and Teletrade Have?
- What Payment Methods Do easyMarkets and Teletrade Accept?
- What Can You Trade With easyMarkets and Teletrade?