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TeleTrade -

Score

2.15 /10
Danger

TeleTrade

Saint Vincent and the Grenadines

5-10 years

Suspicious Regulatory License

White label MT4

High potential risk

https://teletrade.org

Influence

B

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Comparison

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Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index7.04

Risk Management Index0.00

Software Index8.24

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

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Company Name

Teletrade D.J. LLC

Company Abbreviation

TeleTrade

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2025-06-30
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Data Source WikiFX Data provide
Updated: 2025-06-30
TeleTrade · Company summary
TeleTrade Review Summary
Founded1994
Registered Country/RegionSaint Vincent and the Grenadines
RegulationNo regulation
Market InstrumentsForex, Metals, Indexes, Energies, CFD US Stocks, CFD EU Stocks, Cryptocurrencies, Commodities, Bonds
Demo Account✅
LeverageUp to 1:500
SpreadFrom 0 pips
Trading PlatformMT4, MT5
Minimum Deposit$10
Customer SupportOnline robot
Phone: 442080895636
Email: support@teletrade.org
Address: Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines
Regional RestrictionsUS, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries
Bonus✅

TeleTrade Information

TeleTrade is a well-known and long-history broker founded in 1994 that offers a variety of trading products including Forex, Metals, Indexes, Energies, CFD US Stocks, CFD EU Stocks, Cryptocurrencies, Commodities, and Bonds. It provides MetaTrader 4 and MetaTrader 5 and does not provide services to residents in certain areas.

TeleTrade Information

Pros and Cons

Pros Cons
Long historyNo regulation
Up-to-date analytics 24/7Regional restrictions
Various trading productsCommission fees charged
MT4 and MT5 available
Demo accounts offered
Low minimum deposit of $10
Popular payment options

Is TeleTrade Legit?

No. TeleTrade has no regulations currently. Please be aware of the risk!

license
domain

What Can I Trade on TeleTrade?

TeleTrade offers trading services on Forex, Metals, Indexes, Energies, CFD US Stocks, CFD EU Stocks, Cryptocurrencies, Commodities, and Bonds.

Tradable Instruments Supported
Forex✔
Indexes✔
Commodities✔
Energies✔
CFD US Stocks✔
CFD EU Stocks✔
Bonds✔
Cryptos✔
Metals✔
Options❌
ETFs❌
products

Account Type

There are four account types on the TeleTrade's website.

Account TypeMinimum Deposit
MetaTrader 5- ECN/
MetaTrader 5- Invest/
MetaTrader 4- NDD/
MetaTrader- CENT$10
Account Type

Leverage

The leverage can be up to 1:500. Investors need to consider carefully before trading, since high leverage can bring high potential risks.

Leverage

Fees

Account TypeSpreadCommissionStop Out
MetaTrader 5- ECNFrom 0.2 pips0.008%20%
MetaTrader 5- InvestFrom 0 pips0.3%10%
MetaTrader 4- NDDFrom 0.8 pips0.007%20%
MetaTrader- CENT//

Trading Platform

TeleTrade offers both MetaTrader 4 and MetaTrader 5 platforms.

Trading PlatformSupported Available Devices Suitable for
MT4✔PC, web, mobileBeginners
MT5✔PC, web, mobileExperienced traders
Trading Platform

Deposit and Withdrawal

Now there are some popularfunding methods including VISA, Mastercard, Bank transfer, P2P, Owner Wallet, Bitcoin, Tether, Webmoney and perfect Money on the TeleTrade's website.

Deposit and Withdrawal

Bonus and Promotions

TeleTrade provides various types of promoting activites. Customers can participate in them and earn a certain amount of bonus.

Promotions

User Reviews

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User comment

1

Comments

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林弘
more than one year
A Good platform and the best new experience with TeleTrade. Have been in the trading field for some time now and I've tried multiple brokers. I must say I am quite satisfied with the platform. With an easy interface and deposits & withdrawals, it pretty much meets the needs of any trader, if you know how to trade that is.
A Good platform and the best new experience with TeleTrade. Have been in the trading field for some time now and I've tried multiple brokers. I must say I am quite satisfied with the platform. With an easy interface and deposits & withdrawals, it pretty much meets the needs of any trader, if you know how to trade that is.
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2023-03-14 14:35
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