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TeleTrade Forex Broker keeps up-to-date with the latest trading account information, including MetaTrader - CENT, TeleTrade Invest, MetaTrader 4 - NDD, MetaTrader 5 - ECN maximum leverage of --, trading varieties, and more
Rating Index
Pros
Robust educational resources and market analytics to support novice and experienced traders.
Diverse trading instruments including forex, indices, stocks, cryptocurrencies, and commodities.
Competitive trading conditions with low minimum deposit requirements and flexible leverage options.
Cons
Limited withdrawal options and potential delays in processing withdrawals.
No PAMM accounts or advanced money management options available for investors.
Customer support is available only 24/5, which may not meet the needs of all traders.
TeleTrade broker Accounts
MetaTrader - CENT
Environment
--
Currency
--
Maximum Leverage
--
SupportedEA
Minimum Deposit
--
Minimum Spread
--
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
--
Products
FOREX,Cryptocurrencies,Metals,Energies,Indexes,Stocks
TeleTrade Invest
Environment
--
Currency
--
Maximum Leverage
--
SupportedEA
Minimum Deposit
--
Minimum Spread
from 0
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
0,3% of total comission
Products
500+ CFDs
MetaTrader 4 - NDD
Environment
--
Currency
--
Maximum Leverage
1:500
SupportedEA
Minimum Deposit
--
Minimum Spread
from 0.8
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
0.007 %
Products
--
MetaTrader 5 - ECN
Environment
--
Currency
--
Maximum Leverage
1:500
SupportedEA
Minimum Deposit
--
Minimum Spread
from 0.2
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
0.008 %
Products
--
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.
- 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.).
TeleTrade Broker Account Opening Process
The process to open a broker account with TeleTrade is straightforward and user-friendly:
TeleTrade Similar Broker Accounts
Explore broker markets account types: forex/trading accounts with demo access.
TeleTrade accounts can be viewed for products that can be traded FOREX,Cryptocurrencies,Metals,Energies,Indexes,Stocks accounts with a minimum deposit of -- by (2+) --.