At first glance, this company seemed quite familiar to me. And mt and demo and social trading are all found in many brokerage services. But once you've spent some time here, you realise that it's not so simple and primitive. After all, TeleTrade provides educational trading opportunities in the first place. And in doing so, in formats that are aimed at both newcomers and experienced traders. The only drawback for some traders here is the lack of fixed spreads. But in general, even if you're occasionally wrong with the calculations - here it will have less consequences, because the regular spreads here start at just 0.2 pips - more than affordable.
KhoiDam posted: What's the deal with these bonus points? Has everyone figured out how this can be applied to work here or what?
In fact, it's not as complicated as it seems at first sight. When you get bonus points - you can add them to your deposit and use them for direct trading accordingly. And then you can withdraw it as part of your profit and use it freely in any way you like. This is generally an interesting move. We are all used to standard bonuses, but bonus points are something extremely special.
I agree with you that TeleTrade in many ways attracts traders precisely because the service is so well organised here and it really offers different formats and even full training if you haven't had normal experience yet. I also like synchronous trading and although I haven't tried it out yet, I'm sure it has some potential. But what interested me most was the low variable spreads and the normal leverage range. Agree that 1:500 gives much more potential than 1:100 or 1:200.
I, like many other traders, found out about this broker from TeleTrade reviews that were published on the forums. I can say that it did not interest me immediately because I thought there were not many assets - but then I studied it in more detail and realised it had everything I needed. So I can definitely build up a permanent investment portfolio that I can use for a long time. I was particularly attracted to the commodities and stocks segment. Another thing that I definitely liked is definitely low spreads, which start here on currency pairs from 1 pip or even lower - it is of course very profitable, especially if you are working with small capital. So you can stick with high dynamics and still provide a steady increase in profits, but don't increase your risks without a pressing reason. This provides stability and confidence in TeleTrade.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
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Past performance is not indicative of future results.