Broker Details
Minimum Trade Size: | 0.01 |
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Maximum Leverage: | 500:1 |
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Minimum to Open Live: | $100 |
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Established: | 1994 |
Address: | 88 Archiepiskopou Markariou III, 1077 Nicosia, Cyprus |
Contact: | support@teletrade.eu, (+357) 22314160 |
Regional offices: | |
Regulators: | CySEC #158/11 |
Prohibited countries: |
Trading platforms: | MT4, MT5, WebTrader |
Web Trading: | Yes |
Mobile Trading: | Yes |
ECN: | Yes |
Currencies: | (65+) |
Cryptocurrencies: | (20+) Bitcoin, Litecoin, Ethereum |
CFD: | (140+) Gold, Other Precious Metals, Stocks, Stock Indexes, Oil, Other Commodities |
EAs/Robots: | Yes |
News Spike Trading: | Yes |
Scalping: | Yes |
Deposit Methods: | Bank Wire, VISA, MasterCard, FasaPay, Neteller, Skrill |
Withdrawal Methods: | Bank Wire, VISA, MasterCard, FasaPay, Neteller, Skrill |
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Traders Reviews
Service use: Live
Length of use: 6-12 Months
In general, I have not noticed anything outstanding. The broker is reliable but without exceptional trading solutions.
A reliable and versatile broker
Service use: Live
Length of use: 0-3 Months
I opened a Metatrader 5 ECN account and started trading. For two months of trading, I can say that it’s a really reputable broker and I base my words on the quality of execution and other crucial nuances, such as the speed of withdrawals. As for the latter, it takes me even less than an hour to withdraw my earnings to my e-wallet with this broker.
the best company in sync-trading
Service use: Live
Length of use: 6-12 Months
It took me 3 days to find a master whose trades I would copy. Is it much or little I think everyone decides for himself. However, I think this is normal time, considering that I considered so many different offers. So TeleTrade is good in this respect, for sure. I don't think it would be a problem for anyone to find a master to invest their money and make profit. By the way, I recommend splitting your deposit between several master traders, TeleTrade allows this.
I trade manually with Teletrade
Service use: Live
Length of use: 0-3 Months
Although I heard a lot about its sync trading, I decided to trade this stuff later. I’m a conservative trader and prefer to trade on my own without relying on robots or other traders. Fortunately, the broker offers good opportunities for manual trading. I chose a Metatrader 5 ECN account. When choosing this account, I was mostly motivated by low spreads, starting from 0,2 pips and an advanced trading terminal that comes with a great number of timeframes as well as other useful features.
Passive format
Service use: Live
Length of use: 3-6 Months
But I wanted to invest in smth apart from regualr stocks. And then I found a copy trading here. The manager told me how to set everything up, I chose two people behind whom my positions are copied. So far everything is on the plus side. Let's see what happens next.
Crypto trading with Teletrade
Service use: Live
Length of use: 0-3 Months
I should stress that I mostly trade energies such as Brent and Henry Gas and digital coins. The latter is especially for me because I’m a cryptocurrency enthusiast. I purchased bitcoins at the dawn of the crypto era when they cost nothing. At that time I already believed in their enormous potential.
The list of supported digital coins is quite big. Teletrade allows to trade either major cryptos or popular altcoins such as Cardano. I trade this stuff on my MT5 ECN account and i’m satisfied how my market orders are executed.
Perhaps, the absence of cTrader is the only downside of this brokerage company. I find this platform better than Metatrader.
Classic company
Service use: Live
Length of use: 6-12 Months
Service use: Live
Length of use: 6-12 Months
Totally normal brokerage
Service use: Live
Length of use: 3-6 Months
I opened an account with a broker about half a year ago. Many Forex forums have written about it and written a lot of nice stuff about the brokerage and its work. So, I also decided to try to trade with it, and to check if everything that is written about the broker is true.
And honestly, I was pleasantly surprised when I opened an account with a broker. It has quite low spreads, an excellent beginner training program, and of course a great variety of trading accounts.
So far I've enjoyed trading with it, no problems occured. So I will keep working with it like 100%. For now I haven't found anything in its work that I wouldn't like, or the broker would do badly.
Service use: Live
Length of use: 3-6 Months
To be honest, I'm still not so profitable (around 2% a month, that's extremely low), but I see perspectives and, the most importantly, I really like trading. Looking to try TeleTrade sync-trading as well, but that's just a plans.