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Risk Warning: Your capital is at risk. Statistically, only 11-25% of traders gain profit when trading Forex and CFDs. The remaining 74-89% of customers lose their investment. Invest in capital that is willing to expose such risks.

All Customer Reviews & Comments about TeleTrade Forex broker

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Andrew Wood 26 May 2020

Advantages: Focusing on traders with different approaches.

Disadvantages: MT Terminal, it's time to move on to something more modern.

Comment: I don't really see any support or help in a brokerage company. And I don't think it has to be. It's in your hands. You work, you make a profit. You hope for results, you get zero balance.

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Akirnat 23 May 2020

Advantages: sync-trading, regulated, long history

Disadvantages: spreads are higher than offered by competitors

Comment: Good broker that operates since 90's, with strong regulations and sync-trading feature. The only shortcoming I see - spreads are higher that offered by some unregulated brokers. I think that's fair, as we pay not only for trading itself, but also for regulations, good infrastructure and brokerage reputation.

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Sigmund Auer 28 May 2020

There's nothing special for me here. But I can't deny that they're doing everything they said on the site.

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Sigmund Auer 28 May 2020

There's nothing special for me here. But I can't deny that they're doing everything they said on the site.

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Khalil 13 May 2020

Advantages: none

Disadvantages: .

Comment: TeleTrade at first was a good broker. I made consistent profits for about 3 months, and I had no problem withdrawing them. But things got bad when suddenly they blocked my account. It had a $3000 balance! I emailed them multiple times only to be told that "the Client has not reached the age of maturity in the country in which he is resident or citizen." This was messed up. I’m only 36 years old! I was fortunate that I had a responsible account manager.

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Luther Campbell 15 May 2020

Looks like the issue was resolved fine. Do you know that TT is a regulated brokerage and you always can file a complaint to the regulating authority to resolve any issues?

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Patrick Robertson 18 May 2020

Yeah, TeleTrade is regulated, so if sth be not right, it will be resolved in legal way.

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Pasi Kultala 04 May 2020

Advantages: regulated, multi-asset, MT5 support

Disadvantages: withdrawal fee of $25

Comment: Have been trading here for over a year now. The platform and the broker is good for both descrete traders and algorithmic geeks in my opinion. The cysec license adds trustworthiness for sure.

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Binoya Narayanan 09 May 2020

You know, I've looked for companies with minimal or no commissions myself before. And then I got to a broker "without commissions", that just blocked my account and did not allow to withdraw the money. And only after that I started to study the issue in more detail and realized that commissions are the income of a brokerage company, so it's normal and even a security indicator when it is not too small.

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Tankred 25 April 2020

Advantages: Fast withdrawals, a lot of assets

Disadvantages: Spreads are high sometimes

Comment: TeleTrade is 9/10 brokerage, what I like - fast withdrawals that usually takes 1-2 days, a lot of assets available. There is also stock ranking, so you can check a lot of info about assets before starting trade. This saves time for each trader and you can spend this time for sth more usefull. What I don't like - spreads are variable and when the call-bid price gap goes high, the spreads are also high.

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Kelvin Barnett 06 April 2020

Advantages: copytrading, low spreads, polite stuff, free webinars with interesting guest speakers

Disadvantages: the ranking system for copytrading favors daytraders

Comment: I think investing trading strategies could be very interesting for some traders. But if you don't trade avtively, the system will not give you extra points even if you trade well.

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Pressant 16 April 2020

I can't agree, the ranking is very effective, as it ranks traders by the strategy effectiveness. If you want to choose brokerage with long-term trading strategy, just look in the middle of the ranking.

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Luther Campbell 03 April 2020

Advantages: Fast withdrawal, copy-trading opportunity

Disadvantages: Haven't noticed yet.

Comment: I can't say there's any fabulous conditions here, everything's standard. But as I mentioned above, everything works fine, I can freely use the capital and leverage to multiply it myself or difersify the risks by investing a part of the capital in copy-trading.This is my freedom and my ability to achieve my goals.

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Oldvig 20 April 2020

Better brokerage that don't have 'nothing special', but do things well, than brokerage that's clowning with 'new features'. However, I can't agree that TeleTrade has nothing special - sync-trading really deserves attention.

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Osmo Hiesu 20 March 2020

Advantages: Copy trading service, educational materials, live webinars with famous traders, MT4 and MT5 support

Disadvantages: Some of the copy-trading strategies present in ranking are very risky. Not the fault of TT, just the dark side of big potential profits, offered by some of the traders, but still..be carefull

Comment: The company gave me a chance not only to trade in the safe environment, but to participate in traders ranking for attracting investors. This is a great opportunity and I really appreciate the chance.

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Intentis 11 April 2020

What do you mean when say "attracting investors"?

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Osmo Hiesu 02 May 2020

Whoever trades here using own funds can participate in trader's rankings. Traders with good results have a fair chance to become masters for copy-trading. In this case they will get part of the profits that they've generated for subscribers/investors. This is how this works briefly.

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Osmo Hiesu 02 May 2020

Whoever trades here using own funds can participate in trader's rankings. Traders with good results have a fair chance to become masters for copy-trading. In this case they will get part of the profits that they've generated for subscribers/investors. This is how this works briefly.

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Noel Tanguy 09 March 2020

Advantages: Regulated, reliable, good history

Disadvantages: Spreads sometimes are higher compared to competitors

Comment: Teletrade is one of the most famous brokerrs in the world that operates since 90's. It's really long history and such history shapes brokerage's reputation and make it even more reliable. By the way, the brokerage is regulated, so official side is also okay. However, there's some problems - spreads are going high sometimes, but it's rare, so I don't mind this :)

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Shakajora 17 March 2020

I can't say they go high. 1-1.5 pips, little more in volatile time is okay when brokerage is regulated and opperates with many official offices, I think that's fair - if you need lower spreads - trade with unregulated brokerage. There you pay for less risk.

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Shakajora 17 March 2020

I can't say they go high. 1-1.5 pips, little more in volatile time is okay when brokerage is regulated and opperates with many official offices, I think that's fair - if you need lower spreads - trade with unregulated brokerage. There you pay for less risk.

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Roland Henry 23 March 2020

That's good. What about the terminal? Is the graph showing on time?

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Sunset 30 March 2020

The platform is standard - MT4, like everywhere else. In my experience the connection with servers is ok, no much bugs or delays.

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Karan 18 February 2020

Advantages: It's a good terminal, no problem withdrawing money.

Disadvantages: Some analytics are not for everyone

Comment: I have been trading at TeleTrade for a long time and I am satisfied, I never thought about changing a broker. Generally analytics are very nice and I wish I had access to some custome trading analytics. I bet they do that for VIP accounts as Teletrade has got own professional analytics and they must keep them busy with something else but daily reviews (thanks for those anyway!).

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Dagdagas 23 February 2020

VIP acc isn't hard to obtain, so I think its not a problem. Maybe, 50,000 is too much for beginners, but for experienced traders that's okey. Personally I got 100% satisfied of existing trading conditions and analytics provided. If you need trading sygnals, than it's better just to find trader and follow it. You will pay a % from each trade earnings, but sync-trading is good for begginners anyway.

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Gafar 16 February 2020

Advantages: Sync-trading, no slippages, MetaTrader, a lot of offices, EU regulation

Disadvantages: Relatively high spreads

Comment: Good brokerage, I already highlighted main advantages, they're important and if you have skills, you will definitely earn with TeleTrade, it provides good trading environment. However, spreads are higher than within some other brokerages. Yeah, I understand what I'm paying for, but I just highlighted this point to be fair. I'll keep trading with TeleTrade and can suggest it to a lot of traders.

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Swenker 24 February 2020

What are spreads for EURUSD and GBPUSD? Are they extremely higher than with other brokers?

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Shakajora 28 February 2020

It depends on market volatility, but usually for EURUSD around 0.8-1 pips and for GBPUSD around 1.2 pips, however in extremely volatile days it may be around 1.5-2.5 pips. I think its 10-15% higher than with other brokers, but TeleTrade has good regulations and a lot of offices and I'm ready to pay for trading with reliable brokerage more.

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Marino Montanari 27 January 2020

Advantages: sync trading, well-known company, reliable brokerage, long-lasting history, quick order execution

Disadvantages: high spreads sometimes

Comment: I like that this brokerage offers sync-trading opportunities, all my friends confirm that this is beneficial feature. By the way, I'm afraid that Teletrade may become associated with sync-trading only. Despite I think, that sync-trading is beneficial, I chose TeleTrade not cause of sync-trading. That's brokerage with many other addvantages, but company tries to promote sync-trading and many people may think that it's only one feature and that may damage brokers reputation and image in the long-term. Overall, my experience for 3 years of trading is only positive and I recommend this broker to all traders.

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Valtup 30 January 2020

As you have 3 years of experience, why I care about company that can be associated with sync-trade only? I'm tradin 2 years and can say TeleTrade has other outstanding features, not sycn-trading only...

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Noel Tanguy 05 February 2020

I mean, that brokerage is good, actually. However, TeleTrade is trying to highlight from other brokerages and promote sync-trading as its main feature and sometimes forget to provide and share info about even more important things (for majority of traders), like a lot of offices all around the world, good spreads-policy and fast withdrawals. As I said, I find sync-trading beneficial and useful and I'm happy it provides it. I just mean that there are other good points (as well as you said), not sync-trading only and I'm trading with TeleTrade not cause of sync-trading.

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Tom Haggins 05 February 2020

Lost all investments trading with a scam broker. Lost more money to fake recovery services. Please be careful of fake recovery services! They are littered all over the forum. If you truly wish to get your money back then I suggest you reach out to me and I will guide you on steps I took in getting back my money. Write me on tomhaggins3 attGmaiI dotKcom

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Chris Robertson 12 February 2020

He's just trying to make money on a broker's name, no one's gonna pay you back. There are plenty of people like Tom Haggins on various brokerage sites, they are the same scammers that they themselves claim. Yes, it's possible that some of you have lost money with some broker, it happens. In order to prevent this from happening again, you should work with a proven broker on proven sites, starting with small deposits. Personally, the TELETRADE broker has never let me down, as it's regulated. So Just look forward and choose secured things!

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Maverius 22 January 2020

Advantages: Easy start, low entry threshold, regulated by CySEC, real offices, copy-trading possibilities, nice signals and analytics

Disadvantages: average spreads, not all the features available for micro deposits

Comment: I’ve been with Teletrade for over 3 months now. So I’m not that experienced client, but experienced enough to say that broker is diligently fulfilling its duties. Executions work perfectly fine, nothing to complain about regarding this matter. Withdrawals come next day after request in my experience. You also have to think carefully what type of an account you need: regular or pro. With pro spreads are variable, so if you can keep track of volatility on the market whenever you enter a trade, it might be beneficial to choose this type. With regular spreads migvht turn out to be a bit wider, but its easier to deal with, cause executions are instant here.

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Mc abert 29 January 2020

Try and reach out to Mr Barry on Barrysilbert540 @ gmail. com if you need help or guidance on how to withdraw your money from any broker and he can show you how profitable trades is been done and also if you want to recover your lost funds, with his masterclass strategy he has being helping me for the past one month and I'm earning $8,550 weekly. You can also reach him out on whatsapp + 44 750 8298 691.

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Tom Haggins 05 February 2020

I recently recovered my investments trading binary options with a bunch of scam brokers. After loosing more to fake recovery services and lawyers claiming to be able to help. I was finally able to recover my funds with the help of an expert I read about on the deep web. Happy to share my experience. Reach me on tomhaggins3 @ g m a i l , c o m..

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Petr Zelena 12 March 2020

I don't believe you can withdraw money, if they have been already scammes. The only way to protect yourself, as I see it is to choose regulated brokerage, so you can claim a regulation board in case sth bad will occure. Personally I trade with TeleTrade, brokerage that's regulated by CySEC and that operates since 1996. As on my own, that's the best combination - regulation + long history, so brokerage isn't just regulated, but also takes care about own reputation.

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Tom Haggins 05 February 2020

Lost all investments trading with a scam broker. Lost more money to fake recovery services. Please be careful of fake recovery services! They are littered all over the forum. If you truly wish to get your money back then I suggest you reach out to me and I will guide you on steps I took in getting back my money. Write me on tomhaggins3 attGmaiI dotKcom

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Noah Campbell 19 January 2020

Advantages: FULL RECOVERY PROCESS

Disadvantages: NIL

Comment: I am willing to share my experience and enlighten people on how i recovered my funds with the help of an Ethical hacker. WOLFPACKHACKERS provides recovery services in binary options, forex, cryptocurrencies, international financial fraud and more. They recovered $525000 for me recently and i am so grateful for this. Using the most advanced investigative techniques, Wolfpack hackers has recovered millions of dollars for victims of Binary Options fraud. You can check their website if you are also a victim to recover your funds at no upfront cost. Good luck Mail;( admin @ wolfpackhackers . com ) Whatsapp; + 1 2 1 4 9 3 7 5 2 0 9

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Christy Noga 15 January 2020

Advantages: great responds

Disadvantages: none

Comment: Hello everyone feel free to reach out to Mr barry on Barrysilbert540 @ gmail. com  if you need help or guidance on how to recover your lost fund using good strategy and how  profitable trades is been done. And also if you want to recover your lost funds using his masterclass strategy he can help you. I'm earning $10,250 weekly using his masterclass.. you can also reach him out on whatsapp  + 4 4 7 5 0 8 2 9 8 6 9 1.

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Mathew 27 April 2020

Honestly, it all looks somehow doubtful, because this is usually done by companies, not one person, in addition, such a company must have no less permits than the broker, so it all looks unrealistic and unlikely.

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Graham Hall 13 January 2020

Advantages: .

Disadvantages: .

Comment: In the beginning of my trading carreer I was using master accounts to follow trading strategies of other people. It was really profitable, but I understaood that to become a real master I need to learn trading with my own, not other trader's brain. Now I feel that I'm ready to be trader that can be followed and I see this as one of opportunities to maximize my profits from my skills. I'm excited my broker offers such an excellent opportunity. The only thing I don't know (wasn't interested in details yet) is how to become master trader and are there any sanctions in case I fail my trading (and my followers as well), as I'm feared of responsibility...

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Christy Noga 15 January 2020

Hello everyone feel free to reach out to Mr barry on Barrysilbert540 @ gmail. com  if you need help or guidance on how profitable trades is been done. And also if you want to recover your lost funds using his masterclass strategy he can help you. I'm earning $10,250 weekly using his masterclass.. you can also reach him out on whatsapp  + 4 4 7 5 0 8 2 9 8 6 9 1.

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Pat Quinn 20 January 2020

There are some rules that force masters to trade safely (to prevent agressive and too risky trading), but I don't know about any sanctions (the only one that can be - you will be removed from masters programm). I can't agree that the only way to earn money is being a master. Really, that's much more profitable, but that's not only one way to earn money and you can keep on copy-trading and still earn significant money. that's better to start with trading on your own and only than move to being master, as that's additional responsibility not only for your, but also for your clients funds.

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Fernando Chandler 10 January 2020

Advantages: N/A

Disadvantages: N/A

Comment: It was a pleasant surprise to find an authorised brokerage with all the licenses and 25 years of operations history for forex and CFDs trading. All the companies I've learned about either had no regulations or offered strange trading conditions with spreads and commissions that made profiting from trading very doubtful. At Teletrade spreads are reasonable. In addition they keep their tech base up to date and offer MT5 support which is really nice.

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Risk Warning: Your capital is at risk. Statistically, only 11-25% of traders gain profit when trading Forex and CFDs. The remaining 74-89% of customers lose their investment. Invest in capital that is willing to expose such risks.