TeleTRADE Review Scores
TeleTRADE
Good brokerage, 100% regulated and I like its sync-trading feature, so I can just copy other trader deals and get my profit :)
Also, I know what I'm paying for and that's great, as I see company has offices, a lot of support team stuff and other good features :)
Also, I know what I'm paying for and that's great, as I see company has offices, a lot of support team stuff and other good features :)
Feb 04 2020 at 20:27
FXFatProfit posted:
They deceive people. They promise to work and then lure money and specially drained them.
I'm 3 years with them, no luring was noticed :) Maybe, you just have made wrong decision and blown up your deposit. If so, don't give up and just know that there are minor fails in life, but you should aim to becoming better. Otherwise, if you claim that it's broker fault, I think everyone are interested why you don't give a claim to CySEC, TeleTrade is 100$ regulated, so common.
Grole posted:
I think the company's policy is rather strange on the min deposit. I haven't seen any clear instruction on the necessary minimum anywhere. Why is it not stated in any Teletrade reviews? If stated, the number varies from $1 to $2000 depending on the source.
I think this can depend on the country of you residence. When I opened the account, they had not limit on the necessary minimum deposit. It was in 2018 if I'm not mistaken. But why don't you contact online support? They normally answer in seconds and you'll have all your doubts resolved.
davistrader posted:
it is a bit expensive: fee on trades and fee for withdrawals...
Isn't this a normal practice though? I though all regulated brokerages have both types of charges...
Dumuro posted:davistrader posted:
it is a bit expensive: fee on trades and fee for withdrawals...
Isn't this a normal practice though? I though all regulated brokerages have both types of charges...
This is a normal practice for sure. The problem often arise with between broker and its client when they claim they have no withdrawal fees, but customers get less money on their account than they've originaly requested for withdrawal. This is because the bank or payment system is charging the fee anyway. To avoid these misunderstandings, brokers say there is a withdrawal fee, but they don't say who is charging it in fact: a bank or a brokerage.
There is nothing wrong with this broker, I have been trading here for a long time and there were no major problems during this time. Sometimes the withdrawal comes quickly, sometimes it comes later, but always goes without problems and with commissions everything is fine.
Teletrade is a well-known company and I’m glad I’ve chosen it to be my broker. They do a good job having all the licenses, I was completely satisfied with executions, quality of service, etc. But now I need to make a break in daytrading. So now I need to decide whether I want to withdraw all the funds or leave them there for synchronized trading with some master account. I’m afraid though that choosing the rating leaders is not the best strategy to find the master account.
Dorofeev posted:
Teletrade is a well-known company and I’m glad I’ve chosen it to be my broker. They do a good job having all the licenses, I was completely satisfied with executions, quality of service, etc. But now I need to make a break in daytrading. So now I need to decide whether I want to withdraw all the funds or leave them there for synchronized trading with some master account. I’m afraid though that choosing the rating leaders is not the best strategy to find the master account.
It seems to me that fixed spreads are something that can help save time on calculations, as well as allow for faster adaptation in the market. It is a great solution for those who are just beginning their journey, on the other hand I have acquaintances who have long been in the market and also use this service, it allows them to test risky strategies with security for money.
shakagrel015@
I could say that this is a classic broker, and not only because it has a long history, but also because it provides a standard, but really high-quality package of services that are applicable to different strategies. The broker provides its own analytics, which saves time. Withdrawal of funds comes about a day on average, delays are very rare and they are insignificant.
I trade with Teletrade as second brokerage. I wanted to make passive investments in addtion to my active trading. I tested many brokerages that offer sync-trading, but TeleTrade seems the best one - providing a lot of info about masters, chance to fast withdraw money and a variety of assets, so I stopped my searches on TeleTrade. I don't regret I choose this brokerage - it's good, fast and reliable and I don't need nothing more. In case you aren't satisfied with your master, you can easy change it and move to another one.
Compare forex broker spreads in real time:
Forex Broker Spreads
