TeleTrade Review 2021

TeleTrade offers ECN accounts with tight spreads & powerful trading platforms.

TeleTrade is a multiple award-winning broker that offers traders Forex, CFDs, indices, shares, commodities, cryptocurrencies. Traders that like the MetaTrader platforms can choose between both the MetaTrader4 and MetaTrader5 platforms at TeleTrade.

Cryptocurrency traders will have lots of options at TeleTrade, with 19 different coins to trade: ADA, BCH, BSV, BTC, BTG, DSH, EOS, ETC, ETH, IOT, LTC, NEO, OMG, TRX, XLM, XMR, XRP, ZEC and ZRX.

TeleTrade is regulated, but not by the FCA here in the UK. While this is not necessarily an issue, very careful traders might want the extra safety of using an FCA-regulated broker.

TeleTrade Summary

TeleTrade offers ECN accounts with tight spreads & powerful trading platforms.

Ratings

50%
Trust
66%
Instruments
100%
Features
BonusNone
InstrumentsForex, CFDs, indices, shares, commodities, cryptocurrencies
Demo Account
Min. Deposit100 EUR/USD
Min. Trade0.01 lots
Regulated ByCySEC
MetaTrader 4
MetaTrader 5
cTrader
DMA Account
ECN Account
Mobile Apps
Auto Trading
Trade Signals
Social Trading
Copy Trading
Islamic Account

CFD Trading

Diversify your portfolio by trading in multiple financial markets.

Leverage1:30 Retail, 1:500 Professional
FTSE Spread1.9
GBPUSD Spread1.3
Oil Spread0.09
Stocks SpreadVariable

Forex Trading

Participate in the global currency market with leveraged trading.

GBPUSD Spread1.3
EURUSD Spread0.9
EURGBP Spread1
Assets60+

Cryptocurrency Trading

TeleTrade offers a range of popular and emerging crypocurrencies.

SpreadFloating
CoinsADA, BCH, BSV, BTC, BTG, DSH, EOS, ETC, ETH, IOT, LTC, NEO, OMG, TRX, XLM, XMR, XRP, ZEC, ZRX

Payment Methods

TeleTrade accepts the following payment methods:

  • Skrill
  • Visa
  • Neteller
  • Yandex Money
  • QIWI
  • FasaPay
  • Perfect Money

Awards

TeleTrade is a multiple award-winning broker, with 6 awards received so far.

  • Best Forex Broker Europe 2017 - Capital Finance International
  • Best CFD Broker Europe 2015 - Global Banking & Finance Review
  • Best Forex Customer Service Broker Europe 2015 - Global Banking & Finance Review
  • Best Trading Education Provider Europe 2014 - International Finance Magazine
  • Best Forex Broker in Europe 2014 - Global Financial Market Review
  • Best Trading Platform Southern Europe 2014 - Global Banking & Finance Review
Risk Warning – Your capital is at risk

FAQ

Is TeleTrade Safe?

Yes, most likely, as we gave TeleTrade a trust score of 50% in our review. The main negative factor in this score is that TeleTrade is not FCA regulated. However, very careful traders might want to find an alternative in our top list of UK brokers.

Does TeleTrade Accept PayPal?

No, TeleTrade does not accept PayPal payments.

Is TeleTrade Halal?

Yes, TeleTrade does offer an Islamic trading account and should thus be Halal to trade with.

What trading platforms does TeleTrade support?

With TeleTrade you can trade on 2 different platforms: MetaTrader 4 and MetaTrader 5.

Is TeleTrade Regulated?

Yes, TeleTrade is regulated by CySEC.

The fact that TeleTrade is not regulated by our own FCA will be a concern to the most careful traders. See our list of FCA regulated brokers for options.

TeleTrade vs Other Brokers

If you want to compare TeleTrade with other brokers, use the detailed comparisons below.

TeleTrade vs
TeleTrade offers ECN accounts with tight spreads & powerful trading platforms.