⭐ TeleTrade Journal
| Journal status: live TeleTrade joined in | not yet |
TeleTrade Profile
Website
Year
1994
Country
SVG
Branches
8
Regulation
not regulated
Registration
FSA SVG
Investor protection
Fund protection
Cyprus Investor Compensation Fund (ICF)
Publicly traded
no
Restricted in
Not serving
х Canada, Iran, Myanmar, North Korea, US, Yemen
Broker type
MM, STP, ECN marketing
Dealing book
A+B Hybrid book, A-book
Execution model
DD + NDD
Licensed as
Unlicensed
Operating as
Principal, Matched Principal, Agent
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
0.2 pips
0.8 pips
0.2 pips
Commission
3 $/lotRT
7 $/lotRT
8 $/lotRT
Volume
40 lots
40 lots
40 lots
Margin Call
70 %
70 %
70 %
Stop Out
10 %
20 %
20 %
Execution
Market
Market
Market
Spread
floating
floating
floating
Scalping
no
no
no
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, Skrill, Neteller
Base currency
USD, EUR
Segregated accounts
yes
Interest on margin
no
Inactivity fee
after 3 months
| Update broker |
- Full listing profile: TeleTrade broker profile
Is TeleTrade safe?
- Investor protection: Cyprus Investor Compensation Fund (ICF)
- Regulation: not regulated
- 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: not so helpful
★★ - TeleTrade website: highly detailed, updated
★★★★★ - TeleTrade popularity (by visitor count): average
★★★
How TeleTrade works
MetaTrader 5 - ECN
Make transactions even faster on the modern MetaTrader 5 trading platform By choosing an ECN account, you choose unlimited trading possibilities of MetaTrader 5!
Not only will you get direct access to interbank liquidity, but also advanced algorithms for processing customer transactions, as well as high speed and maximum convenience of transactions.
https://www.teletrade.org/trading/account-types/mt5-ecn
MetaTrader 4 - NDD
Make transactions at the best market prices and at the highest possible speed.
MetaTrader 4 - NDD is a No Dealing Desk account that is designed specifically for advanced traders. By opening this type of account with TeleTrade, you will gain access to interbank aggregated liquidity.
https://www.teletrade.org/trading/account-types/mt4-ndd
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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