Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Basic information from TeleTrade.eu review
About the broker
| Web: | teletrade.eu |
| License: | CySec |
| Supported languages: | English, Polish, Italian, Hungarian and Portuguese |
| Year of foundation: | 2008 |
| Holder: | TeleTrade-DJ International Consulting Ltd |
| Headquarters: | 88 Archiepiskopou Markariou III, 1077 Nicosia, Cyprus |
| Methods of contacting customer support: | E-mail, phone, online chat |
| Contact: | support@teletrade.eu, (+357) 22314160 |
| Deposit methods: | Bank transfer, VISA, MasterCard, FasaPay, Neteller, Skrill |
| Withdrawal methods: | Bank transfer, VISA, MasterCard, FasaPay, Neteller, Skrill |
About trading with TeleTrade.eu
| Minimum deposit: | 100 USD |
| Min. trade: | 0.01 |
Maximum leverage: The maximum available leverage can be limited by local financial regulators or by international regulations, in such case, the displayed maximum leverage may not match the leverage you can actually trade with. For instance, in the European Union, the financial regulator ESMA restricts the maximum available leverage to 1:30 when trading major currency pairs, 1:20 when trading minor pairs and commodities and 1:2 when trading cryptocurrencies. Similar restrictions apply in Australia and possibly in other jurisdictions. | 1:500 |
| Spreads: | Look at the spread table - spread on the currency pair EUR/USD is 1.8 pips * on a standard account type |
Underlying assets: Might be a CFD. | Forex (65), cryptocurrencies (20) |
| Base currencies: | USD, EUR |
| Mobile app: |  |
| MetaTrader 4: |  |
| Other trading platforms: | WebTrader |
| Social trading: | |
Spreads & fees
Fees of most brokers change relatively often and unfortunately it is not in our possibilities to keep up-to-date information about fees at TeleTrade.eu, of course you can find current info on their website teletrade.eu.
Spreads at TeleTrade.eu on standard account*
| EUR/USD | GBP/USD | USD/JPY | EUR/GBP | USD/CHF | EUR/JPY |
|---|---|---|---|---|---|
| 1.8 | 2.0 | 2.6 |
* Spread was taken 17.01.2020 at 21:27 from the web or trading platform of TeleTrade.eu.
Random reviews of competing CFD brokers: Monfex, AMPFutures, GulfTrader and LKPSec
Frequently Asked Questions
🧐 Is TeleTrade.eu a scam?
We highly recommend you to read the user reviews on our website before you start trading with this brokerage company. It will help you to determine if TeleTrade.eu is a scam or not.
🆓 How to open a free demo account?
Opening a demo account with TeleTrade.eu is very simple, just register on their website.
📱 Does TeleTrade.eu offer the best mobile app for trading?
TeleTrade.eu offers a mobile trading app and you can definitely start trading with it. It is very difficult and subjective to determine if they feature the best mobile platform. However, you are welcome to test it yourself.
We compared some reputable brokers and their mobile trading apps, check out the comparison and be saved from the hassle of testing the TeleTrade.eu mobile app.
⚖️ Would you recommend me TeleTrade.eu?
TeleTrade.eu is one of tens (possibly hundreds) of brokers operating in the European Union, and that's why it makes no sense to choose TeleTrade.eu as a broker where you trade before you compare it with competitors.
We operate our website in full transparency, we recommend reliable brokers with an excellent reputation and we honestly admit to you that we receive commissions for that from these brokers. You can find the mentioned brokers in the table below with a clickable link to their site. You don't pay anything extra, you get a reliable business partner and you help us keep the website up and running. Thank you.
| Broker | English | Min. deposit | Spread EUR/USD* | Platforms | License | |
|---|---|---|---|---|---|---|
 | | 100 USD | 1.0 pips Spread was taken 19.04.2024 at 11:12 from the web or trading platform of Etoro. | In-house built platform | FCAASICCySec | etoro.comreview EUR/USD*: 1.0 pips Spread was taken 19.04.2024 at 11:12 from the web or trading platform of Etoro. |
 | | 0 | 0.9 pips Spread was taken 19.04.2024 at 11:12 from the web or trading platform of XTB. | In-house built platform | FCA CySec | xtb.comreview EUR/USD*: 0.9 pips Spread was taken 19.04.2024 at 11:12 from the web or trading platform of XTB. |
 | | 100 USD | 0.8 pips Spread was taken 19.04.2024 at 11:12 from the web or trading platform of Plus500. | In-house built CFD platform | FCAASICCySec | plus500.comreview EUR/USD*: 0.8 pips Spread was taken 19.04.2024 at 11:12 from the web or trading platform of Plus500. |
* The spread is variable for most brokers and changes depending on market volatility.
Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Comparing spreads, fees, trading platforms, regulations and reading dozens of user reviews of all popular FX and CFD brokers is very time-consuming for every trader. That is why we have done all this hard work for you so you could already only start trading with a company that features a quick modern trading platform, a large variety of assets and a quick customer service. From our comparisons, all these criteria are met by Etoro 76% of retail investor accounts lose money when trading CFDs with this provider - advertising partner.
That is why it is important to choose the right one. Choosing the right broker often stands between profit and loss. Don't you know how to choose? We have prepared an independent article for you, which will help you with your broker selection. You will get to know, what factors are important to watch out for when you are choosing a forex/CFD broker.
If you have any experience with TeleTrade.eu, please share it in the comments to help others to choose the suitable broker.
TeleTrade is not a bad broker and I decided to use the services of this company. Spreads are not high, but I know that they depend on the type of account. Someone can tell me what types of accounts are still there?
I’ve been trading Forex for six years now. And only the last two years in Teletrade. I had heard a lot before, but I didn’t like the conditions, that I had to put at least $ 2,000 on my account and the spreads seemed unacceptable. Then I tried a demo account. I liked the execution of the orders very much. Then, nevertheless, I opened a real account with the expectation that if I didn’t like it, I would withdraw the money. But the performance did not disappoint in real life either. On the contrary, it felt like I hadn’t traded before. Everything worked so clearly and quickly compared to previous brokers, so I realized that although it is expensive, it is worth it. As a result, I only began to earn more.
I’m studying at Teletrade. I would like to note that rather complex information is presented here in an accessible and understandable way. I chose this broker, since I am just a beginner trader and unnecessary knowledge is not superfluous.
Does TeleTrade have bonuses or something like that?
There are different types of brokers. For example, I divide all companies into several categories. They are newcomers who try to implement some new technologies, the old-timers who hold their clients by reputation, and the brokers with specific conditions. They can be, for example, the companies with the minimal level of hedged margin that is important for those who lock trades.
So TeleTrade is a broker with a reputation. But it’s also constantly implementing new technologies. I think it wants to attract more traders who appreciate these ones. The broker itself is not bad. The trading conditions are available and profitable. So it’s a good idea to try trading here.
It is the task of any broker to create good trading conditions for traders. The trader’s task is to find a good broker. I have completed my task. I became a TELETrade client after being trained by them. There are really a lot of useful materials and you can learn to trade. After the demo account, I opened a real one. There are many trading instruments here, but I only trade currency pairs .. I prefer scalping. I tried different trading strategies, but this one I like the most. As for the withdrawal of funds .. To be honest, I was afraid that something would go wrong .. I was very afraid. But .. for not reason as it turned out .. I withdrawn my first 1000 dollars in less than 24 hours)
What do you think of TeleTrade trading platforms? Are they okay – good for serious work?
Dunno, we only recommend brokers in the listing, they are verified to be good.
TeleTrade is a reliable broker that has been working on Forex for over 20 years .. Many professional traders whom I know use this particular trading platform and like everything in their work .. I also have no problems with this ….
I came to TeleTrade because of the wide range of services available to traders. This includes trading signals, copying trades, and many other things that relate to market analysis.
Well, over the years I have found some pros and some cons here.
To start with, they’ve opted for MT here – it seems nice, but they’ll definitely have to add something else over time – it’s losing popularity.
But the bonus points and cashback are well thought out. I really like the fact that I can add a certain profit to myself purely for my own activity.
The money is withdrawn with minimal commissions, which is good news.
You can become a master trader at TeleTrade. This is a popular service for extra income. Many investors are interested in it. And the profit in the service is the commission of up to 50% of the project’s investors. This is a substantial reward.
If you want to become a master trader, you need to fill out a Trader’s profile and an account profile. That is to describe your experience, trading strategy, and tactics, what methods of analysis you use, etc. You will need at least $300 to start trading. The maximum leverage, in my opinion, is only 1:100. All assets are available, as I recall, but you need to double-check.
The more successfully and stably you trade, the more investors you will attract.
By the way, you also need to consider the limitations of this type of account. For example, it’s impossible to close open positions partially and to close by the opposite order. Trades should be opened for more than 60 seconds.
I started trading at TeleTrade on my friend’s recommendation. He advised me to use the company’s Synchronous Trading service. So I tried it and really started to profit from it. At first, I set a low ratio to not take many risks when trades of a selected trader would be copied into my account. But after a month, I increased the ratio, and I’m happy with the result.
After all, basically, it took me about 15 minutes to choose a Trader. And the same amount of time to connect my Investor Account. I don’t devote any time to trading at TeleTrade. But the money still comes into my account. Yes, some of it goes back to the account of the trader who makes these trades. But I consider it a decent reward for the work.
Hi guys. What can you say about leverages ?
I have recently joined your platform and appreciate it so much. I trade manually on an ECN account using Metatrader 5. The quality of the trading process satisfies me.
However, I have a question. I heard that you reward clients for activity by giving them special points that can be exchanged for real cash. What should I do to get these points?
In TeleTrade, the Loyalty Program you are talking about is similar to a cashback. That is, you get back to your account some of the money which you spend here. For example, when you make a deposit, you get 20 or 25% back in the form of points. You can redeem them for cash.
Oh, and you also get points for opening trades. You get 10% of the spread, which is according to the trading conditions at TeleTrade.
Of course, most of the information about this brokerage company can be found on the company website.
And there’s not much to be surprised about – everything is organized and accurate.
But I would like to tell you about a couple of things that I have noticed already in the process of work and which I liked of course.
I want to start with the fact that all services are available at all times and work smoothly.
Even slippage is rare here.
And the second point I would call the human factor.
Namely, the help of the company’s employees.
No matter if you want to clarify something about the trading platform or you have a question about the withdrawal of funds, you can always contact the managers of the company and get full advice.
This is very useful and it has helped out many times.
Personally I really liked the bonus system here. You can easily strengthen your capital even by 100% of the deposit amount in order to work to the fullest from day one and allow yourself a little more orders, in fact, it’s important for most traders. And of course it’s good that there is a good demo, which allows you to analyze the market as good as in the main terminal and this helps you to get used to accurate and competent work in the market. So I definitely like it.
What is sred ?
I opened an ECN MT5 account with this broker. I did it because I found the trading conditions of this account the most optimal for me. Here I can count on quite low spreads,starting at 0.2 pips, an optimal size of leverage (1:500), and a relatively low commission for transactions (0.008).
The speed of execution on this account is quite good. The broker doesn’t bother me with sudden requotes and slippage. It doesn’t make me nervous and I can focus on my trading.
I also worried about withdrawals, but the broker sent me all the money I requested. It makes me consider further collaboration with the broker.