TeleTrade Review 2024

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 MetaTrader 4 and MetaTrader 5 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.

TeleTrade is #97 in our rankings of CFD brokers.

Ratings

50%
Trust
66%
Instruments
100%
Features
BonusNone
InstrumentsForex, CFDs, indices, shares, commodities, cryptocurrencies
Demo Account ✓ Yes
Min. Deposit $100
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
Commodities
  • Gold
  • Silver

CFD Trading

Diversify your portfolio by trading in multiple financial markets.

Leverage1:30 (Retail), 1:500 (Pro)
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:

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 this 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. See our list of brokers that accept PayPal for alternatives.

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 in the UK?

No, TeleTrade is unfortunately not regulated by the FCA here in the UK. See our list of FCA regulated brokers for alternatives

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 safer options.

Compare TeleTrade with Other Brokers

These brokers are the most similar to TeleTrade:

  1. FP Markets - FP Markets is an ASIC- and CySEC-regulated broker that offers forex and CFD trading on a broad range of assets through the MT4, MT5 and IRESS platforms. With trading available through standard and raw spread accounts on thousands of international stocks, forex, indices, commodities, cryptocurrencies, bonds and ETFs, this broker has some of the most comprehensive market coverage available. FP Markets also offers a full range of additional features, including educational resources and access to powerful software such as Autochartist.
  2. Admiral Markets - Admirals is an FCA- and ASIC-regulated broker with an excellent range of leveraged instruments, including forex, stocks, indices, ETFs, commodities, cryptos and more. The broker supports the MetaTrader 4, MetaTrader 5 and TradingCentral platforms. With both spread betting and CFDs available and thousands of instruments, this broker provides more flexibility than most rivals.
  3. GO Markets - GO Markets is an established forex and CFD broker with multiple industry awards and accolades. The ECN/STP broker is popular with budding traders, offering competitive accounts in multiple base currencies and a range of flexible payment methods. With top-tier regulation from CySEC and ASIC, GO Markets is a trusted broker.

TeleTrade Feature Comparison

TeleTrade Compared With Similar Brokers
TeleTrade FP Markets Admiral Markets GO Markets
Rating - 4 3.5 3.9
Markets Forex, Stocks, Commodities, Crypto Forex, Stocks, Commodities, Crypto Forex, Stocks, Commodities, Crypto Forex, Stocks, Commodities, Crypto
Minimum Deposit $100 $100 $100 $200
Minimum Trade 0.01 Lots 0.01 Lots 0.01 Lots 0.01 Lots
Demo Account Yes Yes Yes Yes
Regulators CySEC ASIC, CySEC, ESMA FCA, CySEC, ASIC, JSC ASIC, CySEC, FSC of Mauritius
Bonus - - - -
Education No Yes Yes Yes
Platforms MT4, MT5 MT4, MT5, cTrader MT4, MT5 MT4, MT5
Leverage 1:30 (Retail), 1:500 (Pro) 1:30 (UK), 1:500 (Global) 1:30 (EU), 1:500 (Global) 1:500
Visit
Review TeleTrade
Review
FP Markets
Review
Admiral Markets
Review
GO Markets
Review

Trading Instruments Comparison

Comparison of TeleTrade Trading Instruments
TeleTrade FP Markets Admiral Markets GO Markets
CFD Yes Yes Yes Yes
Forex Yes Yes Yes Yes
Stocks Yes Yes Yes Yes
Crypto Yes Yes Yes Yes
Commodities Yes Yes Yes Yes
Oil No Yes No Yes
Gold Yes Yes Yes Yes
Copper No Yes Yes No
Silver Yes Yes Yes Yes
Corn No Yes No No
Futures No Yes No Yes
Options No No No No
ETFs No Yes Yes Yes
Bonds No Yes Yes No
Warrants No No No No
Spreadbetting No No Yes No
Volatility Index No Yes Yes No

TeleTrade vs Other Brokers

Compare TeleTrade with any other broker by selecting the other broker below.

 

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