TeleTrade Journal

Journal status: live
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TeleTrade Profile
Year
1994
Country
Cyprus
Branches
8
Regulation
CySEC Cyprus
Registration
FSA SVG
Investor protection
Fund protection
Cyprus Investor Compensation Fund (ICF)
Publicly traded
no
Restricted countries
Not serving
х Belgium, US
Broker type
MM, STP, ECN marketing
Dealing book
A+B hybrid book, A-book
Tier
3
Execution speed
...
LPs total
...
LPs quality
not disclosed
LPs names
not disclosed

TeleTrade Accounts
MM
STP
ECN
Minimum Deposit
100 $
100 $
100 $
Leverage
500 : 1
500 : 1
500 : 1
Minimum Lot
0.01 lots
0.01 lots
0.01 lots
EURUSD spread
1.1 pips
0.8 pips
0.2 pips
Commission
0 $/lotRT
7 $/lotRT
8 $/lotRT
Volume
40 lots
40 lots
40 lots
Margin Call
70 %
70 %
70 %
Stop Out
50 %
50 %
50 %
Execution
Variable
Market
Market
Spread
floating
floating
floating
Scalping
no
no
no
Update broker

Is TeleTrade safe?

  • Investor protection: Cyprus Investor Compensation Fund (ICF)
  • Regulation: CySEC Cyprus
  • Registration: FSA SVG
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: yes

Is TeleTrade trusted?

  • Information transparency: high ★★★★★
  • Customer service: prompt, helpful ★★★★★
  • TeleTrade website: highly detailed, updated ★★★★★
  • TeleTrade popularity (by visitor count): low visits ★★

How TeleTrade works

9. Execution Venues: Execution Venues are the entities with which the orders are placed. For the purposes of orders for the financial instrument of Forex instruments or CFDs, the Company may act either as a principal (therefore, the Company is the sole Execution Venue for the execution of the Client’s orders). or as an agent (therefore some third financial institution will be the Execution Venue).

https://my.teletrade.eu/storage/media/O16_4229501

The use of trading strategies aimed at exploiting errors in prices and/or concluding trades at off-market prices and/or by taking advantage of internet delays and/or by generating high volumes of transactions targeting tick fluctuations (rather than price movements) where trades are opened and closed very quickly, altogether commonly known as "latency arbitrage”, "sniping” or "scalping” hereinafter, collectively, referred to as "arbitrage not related to market inefficiencies” or “prohibited trading techniques”, is explicitly prohibited by the Company.

https://my.teletrade.eu/storage/media/O16_5656129

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