✔️ Information reviewed and updated in December 2023 by Eduardo López
Opinions and information about the TeleTrade broker
¿It is the truly reliable TeleTrade (aka teletrade.org) broker? Is it safe for you to invest your money with this company? In this section we will analyze the company and its reputation as such on the internet.
Do you want to give us a hand and help inform about this company? We invite anyone who has experience with this company, to leave a comment with their experience and to rate the company according to their experience with it.
The TeleTrade broker is a broker of: Forex, Cryptocurrencies and CFDs.
The broker mentions to be part of: Teletrade DJ Ltd.
TeleTrade is based in: Saint Vincent and the Grenadines.
If we talk about regulation, TeleTrade is: they mention absolutely nothing about being regulated, TeleTrade is an unregulated broker.
We will continue to analyze the different account types that TeleTrade offers. In the case of TeleTrade, we note that they have 3 different plans or types of accounts on the MT4 and MT5 platforms: the ECN Account (MT5), the NDD Account (No Dealing Desk) (MT4) and the Cent Account (MT4 and MT5).
ECN account: Maximum leverage of 1: 500, variable spreads from 0.2 pip, commission for trading 0.008%.
NDD account: Leverage of 1: 500, variable spreads from 0.8 pip, commission for trading operations of 0.007%.
Cent account- It is suitable for both beginners and professionals in financial markets, to develop their trading strategies and ideas under real conditions.
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The platforms used to trade are: the MT4 and MT5 platform.
Now, yes, we will go on to analyze the different resources and help that the company provides to traders on its website: some explanations of the products that TeleTrade offers, an explanation of basic concepts of the investment world, some live charts, economic calendar , financial event news, pip calculator, really not much else.
Additional information about the company
Phone number: +556140426944
E-mail: [email protected]
Clarification: The investment company TeleTrade works in different countries, so the information provided may not apply to your country, this review is directed to Latin America and / or Spain.
* Bonuses or promotions: None by the moment
With the information we have so far, the comments and reviews of users and traders, our opinion is that it looks like a company we should be careful with.
Why? It is an unregulated broker, based in very unsafe countries (Saint Vincent and the Grenadines), when looking for information and other reviews about TeleTrade we found a lot of negative reviews.
Do you know this company? Do you think our opinion is not correct? Have you operated with this broker? Share a comment with your experience.
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