TeleTrade Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-06-18 14:46

Abstract：　　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 Review Summary
Founded	1994
Registered Country/Region	Saint Vincent and the Grenadines
Regulation	No regulation
Market Instruments	Forex, Metals, Indexes, Energies, CFD US Stocks, CFD EU Stocks, Cryptocurrencies, Commodities, Bonds
Demo Account	✅
Leverage	Up to 1:500
Spread	From 0 pips
Trading Platform	MT4, MT5
Minimum Deposit	$10
Customer Support	Online robot
	Phone: 442080895636
	Email: support@teletrade.org
	Address: Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines
Regional Restrictions	US, 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.

Pros and Cons

Pros	Cons
Long history	No regulation
Up-to-date analytics 24/7	Regional restrictions
Various trading products	Commission 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!

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	❌

Account Type

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

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

Leverage

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

Fees

Account Type	Spread	Commission	Stop Out
MetaTrader 5- ECN	From 0.2 pips	0.008%	20%
MetaTrader 5- Invest	From 0 pips	0.3%	10%
MetaTrader 4- NDD	From 0.8 pips	0.007%	20%
MetaTrader- CENT	/	/	20%

Trading Platform

　　TeleTrade offers both MetaTrader 4 and MetaTrader 5 platforms.

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔	PC, web, mobile	Beginners
MT5	✔	PC, web, mobile	Experienced traders

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.