September 26, 2021

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teletrade screenshot

Latest updated information about TeleTrade

Note: The Cyprus Securities and Exchange (CySEC) has settled with Teletrade-DJ International Consulting Ltd, which is a provider of forex and CFDs trading services, for ‘any violation or possible violation’ for €120,000.

The regulator did not specify the particular violation on the part of the brokerage firm, but detailed there were ‘possible violations’ of the Investment Services and Activities and Regulated Markets Law of 2017. It identified the compliance-related ‘possible violations’ during an on-site inspection in 2018.

Reviewed broker: Teletrade

Operated under DJ International Consulting Ltd.

Established in 1994

Location: Cyprus

Regulation: Cyprus Securities and Exchange Commission (CySEC), under license number 158/11.

Trading instruments: forex, CFDs, commodities, stocks, futures, Cryptocurrencies including Bitcoin

US traders: not accepted

Your Benefits with TeleTrade

  • Whether you are a retail or corporate client, we have tailored solutions for you
  • Multi-lingual support teams that are always ready to help you in your language
  • We offer trading in CFDs on over 60 currency pairs, Indices, Energies, Stocks, ETFs, Metals and 18 Cryptocurrencies
  • Trading platforms that utilise up-to-date technology for every device
  • Our copy trading programme, TT Invest, is suitable for beginner to experienced traders

Account types and Trading conditions

Segregated accounts for client funds: yes

Negative balance protection: yes

Spread types: fixed, variable

Typical fixed spreads start from 3 pips

Variable spreads start from 0.1 pips plus $7 commissions per standard lot traded

Social trading: available with Synctrading, where you can maximize your profits by copying experienced traders and their transactions

Maximum leverage is up to 1:500

Minimum trade size: 0.1 lot

Account types: Sharp ECN, Standard, NDD

Sharp ECN Account

  • Variable spreads from 0.2 pips
  • Leverage from 1:2 to 1:500*
  • No re-quotes
  • Hedging allowed
  • 85 instruments*
  • Deposits start as low as $/€100
  • Take advantage of competitive bids and ask quotes
  • Low-level slippage
  • Optimised precision for execution at your requested prices

NDD Account

  • Trade 18 cryptocurrencies
  • 207 instruments (18 cryptos)*
  • Variable spreads from 0.8 pips
  • Leverage from 1:2 to 1:500*
  • No re-quotes
  • Hedging allowed
  • Deposits start as low as $/€100
  • Take advantage of competitive bids and ask quotes
  • Low-level slippage

Standard Account

  • Trade 18 cryptocurrencies
  • 208 instruments (18 cryptos)*
  • Variable spreads from 1.1 pips
  • Leverage from 1:2 to 1:500*
  • Instant execution
  • Hedging allowed
  • Deposits start as low as $/€100
  • No slippage

TeleTrade Review : Platforms

METATRADER  Download MT4/5 for free and start trading today

Сomparison of trading platforms

Metatrader 4

  • 4 Pending Order Types
  • Depth of Market is not Visible
  • 30 Technical Indicators
  • 31 Graphical Objects
  • 9 Timeframes
  • Economic Calendar is absent
  • No Embedded MQL5.community chat
  • Headging available
  • Single thread Strategy Tester

Metatrader 5

  • 6 Pending Order Types
  • Depth of Market is Visible
  • 38 Technical Indicators
  • 44 Graphical Objects
  • 21 Timeframes
  • Economic Calendar is available
  • Embedded MQL5.community chat  
  • Headging available
  • Strategy Tester is Multi-threaded and Multi-currency with Real ticks

WebTrader

  • 4/6 Pending Order Types
  • Depth of Market is not Visible
  • 30 Technical Indicators
  • 31 Graphical Objects
  • 9 Timeframes
  • Economic Calendar is absent
  • Embedded MQL5.community chat 
  • Headging available
  • Strategy Tester Is Absent

Copy Trade

Use intuitive trading platform to automatically copy a top trader’s entire portfolio to your trading account.

Educational materials: daily forecasts and market research, real-time technical and fundamental reports and insights, one-on-one training, live seminars and webinars

TeleTrade Review : Payment Methods

Payment options: credit cards, wire transfer, neteller, skrill

Minimum deposit requirement: 100

Bonuses and promotions: 24% on your deposit

Customer support: email, phone, live chat

How was the rating of Teletrade performed compared to other brokers? 

This 2021 Forex Broker Review  has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on Teletrade FX broker performance and features. 

Overall our online Teletrade review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online Teletrade or you find inaccurate details Teletrade broker review please get in touch with us and the changes will be applied.