I think that the most attractive thing about this company is the variety of services, because no matter what trading format you prefer and what experience you have - here you can start trading with quality and understand the market opportunities quite quickly. For example, there is an excellent basic training course for beginners, I used to study the market with its help too, and I can say that it helped me to learn how to distribute my capital. And of course the good news for many will be low spreads, so in general, you can not limit yourself...
NihadMunif posted: In fact, extrahigh leverage is something that traders use quite rarely. I think the more important thing is that there are basic courses and master classes, and this is more relevant.
I can't agree, for me high leverage was one of the most important things why I've choose this brokerage among many others. Yes, for beginners high-leverage is too risky and that's better to use lower lavarage but if you're advanced trader that have a good understanding of the market and risks, then high-leverage can be your best friend, as you will use it to boost your trading up.
Brokerage has stable and long lasting reputation and for me that's the most important thing. Really, there are nothing special to offer, except sync-trading but process is well organized and you're very unlikely to face any difficulties. Overall, if you're looking just for a place to keep on trading, than TeleTrade is a good place to be trading there.
Brokerage is regulated and 100% stands in one lane with top brokers. However, there are some disadvatages in trading. First of all, spreads there are high enough, so you should keep this in mind. Also, for the EU clients leverage is restricted. That's because brokerage is CySEC regulated but I prefer higher leverage.
Kalestont posted: I like this brokerage, it's my first one I don't see any flaws. Even more, I'm 100% satisfied with this brokerage, as all I need is just to trade and earn money. The only thing I can note as a little flaw is spreads around 1.5 pips, but I understand that's just because brokerage is regulated. However, now I have not enough time to trade full-day (I've launched my bussiness), so I think about sync-trading. Can someone explain what is it and how that works?
This is a form of a passive trading, which is that the positions of other traders are copied on your trading account. The order size, stop-loss and other settings you choose your own - depending on your capital size and preferences... You can stop such trading at any time convenient for you.
I like this brokerage, it's my first one I don't see any flaws. Even more, I'm 100% satisfied with this brokerage, as all I need is just to trade and earn money. The only thing I can note as a little flaw is spreads around 1.5 pips, but I understand that's just because brokerage is regulated. However, now I have not enough time to trade full-day (I've launched my bussiness), so I think about sync-trading. Can someone explain what is it and how that works?
Yozuru posted: TeleTrade is definitely one of the best brokers in the whole world, but still it has drawbacks. If you want to trade with a reliable and respectable company, you have to be prepared to pay high enough spreads for trading.
I can't say that spreads are too high, they're just moderate. Yeah, if we compare TeleTrade with unregulated brokers, spreads will seem to be high for real. However, c'mon, we should compare TeleTrade with other regulated brokers and TeleTrade is good in this regard.
TeleTrade is definitely one of the best brokers in the whole world, but still it has drawbacks. If you want to trade with a reliable and respectable company, you have to be prepared to pay high enough spreads for trading.
Malohuginn posted: I think that there is a great situation with spreads - from 0.2 points on currency pairs, and you can qualitatively study at group and individual rates, and here is available the leverage up to 1:500!
To be honest, I never saw 0.2 pips spreads there, usually around 0.6-1.1, but maybe that's only for assets that I trade. However, I agree that education there is good, especially individual 1-to-1, it can really boost your understanding of trading, but only if you have a desire to become a good trader.
i'm for than 5 years with TT. I had a pause for half a year in trading, but when decided to comeback - TT was obvious place to trade. It's just a reliable company, I was in their office, spoke to their managers, so I'm 100% sure that company works really hard on providing good service. I think there are some problems sometimes, but the main thing is that company fix problems and doesn't ignore traders' complaints.
Ishndwyn posted: Last year I've started trading here. After 3 month of losses on my account switched to copytrading and lived happily ever after. Really, if you can't trade yourself, let professionals do that. This is a nice platform for copytrading.
Agree, trading is not an easy but extremely interesting business. Well, if we're talking about passive formats here, I can point out... 1. synchronous trading service, in which your account duplicates the trades of profitable traders of the company; 2. percentage of the spread for attracted clients, it is also an unusual format, you can bring clients to the company and get up to 25% of their spread from closed positions. Each option has its own features, but in general, if you count it, it is quite profitable. And if you still work independently with large capital, note that you can get up to 15% cashback for the fact that your money is in the company account.
I can't say anything special about this brokerage company, because it has the features of an ordinary classic broker, which means quite standard conditions for service and maintenance. But there is one positive trait that can interest those who know very little about the market and do not feel very confident. I am talking about the emphasis on training of traders. Because everyone should immediately understand for themselves that it will not be easy and simple, and you will definitely have to make certain efforts to understand everything. I think that traders should not ignore the tools that the brokerage company provides to them. These are training courses, master classes, textbooks that are freely available. And you can use them for free, just because you are a client of a broker. It's up to you whether you use it or not. But why not? I don't see any objective reason why not. But understanding that you have it can be a good help on your way to becoming a real trader, who feels and understands the market.
Last year I've started trading here. After 3 month of losses on my account switched to copytrading and lived happily ever after. Really, if you can't trade yourself, let professionals do that. This is a nice platform for copytrading.
Duzragore posted: The company indeed offers numerous analytical tools, many of which are available not just for free, but even to unregistered users. The minimum deposit is only $100, and the broker has a CySEC license. Among top brokers, TeleTrade isn't bad.
Even more than 'isn't bad'. Teletrade offers trading on the level of Brokers tops, but for traders with even deposits that starts at $100. It's great opportunity to trade with top brokerage even if you aren't pro-trader.
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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