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Comments on TeleTrade

In this section we will analyze TeleTrade, for an forex and CFD broker.

The broker mentioned is owned by: TELETRADE-DJ INTERNATIONAL CONSULTING LTD, and as for your location, the broker mentions having based in different parts of Europe such as: Portugal, Italy, Germany, Hungary, among other countries. Even if TELETRADE-DJ INTERNATIONAL CONSULTING LTD mentions being based in Cyprus.

If we analyze the regulation of the broker, the broker is registered and licensed (not regulated) by CySEC, the regulatory body of Cyprus. It also has authorization from different authorities such as the CNMV (Spain) and the FCA (United Kingdom).

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If now we go on to analyze account types that TeleTrade offers, we note that it offers 3 different account types: the MT4 Standard Account, the MT4 NDD Account, and the MT5 Standard Account.

MT4 Standard Account: wide range of financial instruments, leverage up to 1:50, floating spreads, stop-out level of 20%, possibility of re-listing.

It is followed by MT4 NDD Account: wide range of financial instruments available, leverage up to 1:50, stop-out level of 20%, floating spreads, no requotes, immediate execution (regardless of market conditions), commissions of 0,007% or 7 USD, per 100.000 USD traded.

The last type of account is the MT5 Standard Account: minimum initial deposit of $ 50.000, processing time to withdraw capital: immediate, 24/7 support, free e-book, unlimited market updates, full list of assets, live signals, session with analyst available (weekly), one-to-one trading session, access to account manager services.

The platforms to operate that the broker offers are: MT4 and MT5.

We will now analyze the different resources and aids for traders that the TeleTrade broker provides to its clients on its website.

TeleTrade website
TeleTrade website

TeleTrade provides the following aids or resources to traders or interested parties: economic calendar, calendar of holidays (affecting the markets) or special dates, market news, technical analysis, news from central banks, interest rates, currency chart , market overview, and different videos and explanations of basic concepts in the world of investments with forex and CFDs. It should be noted that everything is in English.

ProfitWay.mx

Profit Way website
Profit Way website

According to numerous comments from TeleTrade clients, the website profitway.mx refers clients to the TeleTrade broker (mostly in Mexico).

 

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Other information about the TeleTrade broker

 

We will leave you some more information in case you want to contact the broker, or see their website for yourself.

Website: teletrade.eu

Phone number: (+357) 22314160, +357 (22) 51-44-42

Email: [email protected], [email protected]

 

Ending with this section, in our opinion TeleTrade's reputation is unclear, but we suggest caution Why? It is a broker from which we have found both positive and negative comments, its reputation is not very clear. Although it is a regulated broker.

 

What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, you can also leave a comment on our website with your experience if you are a client of the broker.

 

We leave a vote open so that traders, clients and users of the broker can vote.

 

What do you think of TeleTrade? What has been your experience?

 

 

 


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11 comments on «TeleTrade: Rating and Comments»

  1. arturo Reply

    Hello, it is my first approach with teletrade, and from the beginning the deal was very bad, I asked many questions of profit and commissions that they ask or some payment for the platform but they did not explain me well, they told me that nothing additional is invested, just my investment, but my friend who recommended me there tells me that the courses are charged and expensive, that gave me full distrust because with deception they are uncertain, I do not recommend them

    • Recommended Brokers Reply

      Hello Arturo, thank you very much for sharing your experience with TeleTrade… Can you tell us more about your experience with this company? Do you remember how you came to find them? Do you have names of advisers, emails?

      Greetings.

  2. Miguel Angel Reply

    Hello friends, some time ago I started taking courses with Teletrade and I want to tell you that now I can operate without any problem in the financial markets thanks to the fact that the advisors gave me a very complete and personalized attention, I recommend 100% this company has facilities in CDMX and all the staff are highly trained to carry out the corresponding work!

    • Recommended Brokers Reply

      Hi Miguel, thank you for sharing your TeleTrade experience with us.

      Greetings.

  3. andrea martinez Reply

    There is complete and brief information about the company.
    In my experience, I met them through an event they held in CDMX, they teach interesting topics that allow us to learn more about the financial markets, they provide the appropriate information with professionalism and without so many technicalities. They give you the option to train and make your money work at the same time without going undercapitalized.
    With them, I am using a synchronized service with a moderate risk portfolio.

    • Recommended Brokers Reply

      Hi Andrea, thank you very much for sharing your experience with TeleTrade. Can you tell us more about your experience with this company? Do you remember how you came to find them? For an advertisement on the internet perhaps? Do you have names of people with whom you had contact? Email addresses?

      Greetings.

  4. Saray cabrera Reply

    What is described in the broker's review catches my attention, much of it coincides because the way I arrived with them was through ProfitWay, I am a graduate of an administrative economic career and the forex market caught my attention. I took the 4 courses they teach and I have had a good training experience, I know that not everything is the courses and the experience in trading influences too much. Right now I have a real standard account and I feel like operating it effectively.

    • Recommended Brokers Reply

      Hello Saray, thank you very much for sharing your experience with TeleTrade, can you tell us more about your experience with this company? Do you remember how you came to find them? For an advertisement on the internet perhaps?

      Greetings.

      • SARAY CABRERA Reply

        I came to them looking for companies that could teach face-to-face forex trading courses, they gave me a basic course in their office and then I took the following levels. The trainers are people who know about the topic and helped me understand the topic. Overall, good teaching methodology.

  5. Rocio Mejia Reply

    Personally, I have been fortunate to be with them, and like many clients I know of them, I am satisfied with the work they do.
    The advisors are experts and professionals.
    I believe that the experience is made by us, since when accessing the Forex market there is always a risk, but the most important thing is that there are very good benefits.
    It all depends on how we see the situations.
    In my opinion it is a good broker.

    • Recommended Brokers Reply

      Hi Rocio, thanks for the information on TeleTrade, do you remember how you found them in the first place?

      Greetings.

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