TeleTrade Account Types

　　TeleTrade offers several account types to cater to different trading needs and preferences. The primary account types include:

• Standard Account
• Minimum Deposit: $100
• Leverage: Up to 1:500
• Spreads: Competitive floating spreads
• Commission: None on forex and CFDs
• Trading Platforms: MT4 and MT5
• NDD (No Dealing Desk) Account
• Minimum Deposit: $100
• Leverage: Up to 1:200
• Spreads: Extremely low floating spreads
• Commission: Small commission per trade
• Trading Platforms: MT4 and MT5
• Islamic Account
• Minimum Deposit: $100
• Leverage: Up to 1:500
• Spreads: Competitive floating spreads
• Commission: None on forex and CFDs
• Trading Platforms: MT4 and MT5
• Features: Operates on a swap-free basis, meaning no interest is charged or earned on overnight positions.
• Demo Account
• Purpose: For beginners and those looking to test their strategies.
• Features: Allows traders to practice with virtual funds in a risk-free environment.

　　

TeleTrade Broker Account Opening Process

　　The process to open a broker account with TeleTrade is straightforward and user-friendly:

• Visit the Website:
• Start by visiting TeleTrade‘s official website and click on the “Open Account” button.
• Registration:
• Fill out the registration form with your personal details (name, email, phone number, etc.).
• Email Verification:
• Confirm your email address by clicking on the link sent to your inbox.
• Complete Profile:
• Provide detailed information such as your address, date of birth, and other personal data.
• Document Upload:
• For identity verification, submit:
• Proof of Identity: Passport, national ID, or driver’s license.
• Proof of Address: Utility bill, bank statement, or another official document with your name and address.
• Account Selection:
• Once your broker account is verified, choose your preferred trading account type (e.g., NDD account).
• Platform Choice:
• Select the trading platform you want to use (MT4 or MT5).
• Fund Your Account:
• Deposit funds using available options such as bank transfer, credit card, or e-wallets.
• Begin Trading:
• After funding, you can start trading in various instruments (forex, CFDs, etc.).