teletrade broker review

TeleTrade broker review

On this page, we review the TeleTrade broker. Teletrade is the name of one of the old brokers in the market, which has been serving traders and financial market enthusiasts for many years. To get more information about Teletrade broker, stay with us.

TeleTrade points

TeleTrade 60%

Broker name	TeleTrade
Established year	1994
Spread rate	Low
Central office	Cyprus
Regulation	cysec and NBRB
Minimum deposit	100 $
The easiest way to deposit and withdraw	Visa and MasterCard, Skrill

Cent Account

Copy Trading

Spread Reduction Trick

Islamic Account

Permission To Trade Scalping

What you will read on the TeleTrade broker page:

What is TeleTrade?

Teletrade is the name of one of the active brokers in the market, which has a long history in this field. Over the years, this broker has won numerous and various awards with different titles. You can find all the related details by entering the main website of this broker. Check out these awards; this broker also helps novice traders by providing services such as free webinars and numerous trainings.

teletrade broker credit

Usually, most reliable brokers with security and credit have two distinct characteristics: one is having a regulation, and the other is having a long history of activity, and the teletrade broker has both of these characteristics and features, and this makes traders feel more secure when working with this broker.

teletrade broker rules

Teletrade broker has cysec and NBRB regulations.

Where is the head office of TeleTrade broker?

Teletrade broker has an active head office in Cyprus.

How many years of experience does teletrade broker have?

Teletrade broker is one of the experienced and long-standing brokers that started its activity in 1994. Having this experience for a broker indicates the quality of providing teletrade services.

Table of introduction and comparison of account types in teletrade broker

Profile / account name	Sharp ecn	NDD	Standard
Minimum deposit for opening	100 $	100 $	100 $
Spreads	Starting from 0.2	Starting from 0.2	Starting from 0.2
Commission	0.008٪	0.007٪	0
Maximum leverage	1:500	1:500	1:500
Ability to trade currency pairs	Yes	Yes	Yes
Ability to trade stocks and indices	Yes	Yes	Yes
Possibility of digital currency trading	Yes	Yes	Yes
Scalp permission	Yes	Yes	Yes
Permission to use Expert	Yes	Yes	Yes

According to the above table, the teletrade broker offers traders three types of multiple trading accounts, which we will examine in detail below.

Opening a standard account in the teletrade broker

You can open a standard account in teletrade broker with a minimum deposit of $100 and enjoy commission-free transactions; the spread of this account starts from 0.2 pips, and the maximum leverage ratio that can be used in it is 1:500.

Opening an NDD account in the teletrade broker

In order to open an NDD account, you must deposit $100. This account has features such as: 0.007% commission, starting spread from 0.2 pips and maximum leverage of 1:500.

Opening sharp ecn account in teletrade broker

It is possible to open a sharp ecn account in the teletrade broker with a minimum deposit of $100. Also, by opening this account, traders can benefit from maximum leverage of 1:500 in their transactions. This account has a floating spread that starts from 0.2 pips and commission. It is also 0.008%.

teletrade broker spread

All three trading accounts available in the teletrade broker have a floating spread; the starting spread in all these accounts is equal to each other and starts from 0.2 pips.

teletrade broker Islamic account

The teletrade broker makes it possible for traders to make the most of transactions without swaps and overnight interest by having an Islamic account.

How much deposit can you open a real account in teletrade broker?

The minimum deposit amount in all teletrade broker accounts is the same, and users can open any teletrade broker account they want with a minimum deposit of $100.

Deposit and withdrawal in teletrade broker

You can use several methods for depositing and withdrawing at the teletrade broker, such as wire transfer, Visa and MasterCard, Skrill and Neteller, and the leading site of the teletrade broker has provided traders with more information about depositing and withdrawing matters, which you can take advantage of.

teletrade broker bonus

Brokers usually encourage users to invest in their brokerage by offering bonuses or incentive plans; these plans are lovely, sometimes, they can be withdrawn, and sometimes they cannot be withdrawn, but currently, there are no incentive plans in the teletrade broker. It is not provided to users.

What documents are required to verify identity in teletrade broker?

Identity verification in the teletrade broker requires documents to verify personal information and address, for which you can use documents such as ID cards, passports, etc., as well as sending documents such as water and electricity bills and bank statements to confirm your residence. And… it is necessary.

Tradable assets and trading in teletrade broker

Tradable and trading assets in the teletrade broker include symbols such as digital currencies, currency pairs, indices and stocks, energy, etc.

teletrade broker trading platforms

You can use MetaTrader 4 and 5 trading platforms to trade in teletrade broker; you can click on the links below to download and receive these platforms.

MetaTrader 5

MetaTrader 4

teletrade broker Copy trading

As the name of copy trading suggests, users can use this method, which the teletrade broker also supports, to copy the transactions of other traders, of course, paying attention to points such as: choosing the best strategy for copying transactions, considering The profit and loss limit of transactions, the amount of commission paid to the trader and other points is significant so that you can ask your questions to our website consultants through the communication channels of the site regarding the copy trading system.

teletrade broker scam

Teletrade broker has more than 20 years of experience, and until now, our audience and users who have used this broker have not given us any reports about the fraud of this broker.

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