TeleTrade Account Type

　　TeleTrade offers three main types of trading accounts designed to cater to different trading needs and strategies:

• Standard Account
• Minimum Deposit: $100
• Spread: From 1.1 pips
• Leverage: Up to 1:500
• Execution: Instant execution with re-quote
• Available Markets: More than 200 financial instruments
• NDD Account (No Dealing Desk)
• Minimum Deposit: $100
• Spread: From 0.8 pips (with commission)
• Leverage: Up to 1:500
• Execution: Market execution with no re-quote
• Available Markets: More than 200 financial instruments
• Sharp ECN Account
• Minimum Deposit: $100
• Spread: From 0.2 pips (with commission)
• Leverage: Up to 1:500
• Execution: Market execution with no re-quote
• Available Markets: More than 100 financial instruments

　　In addition, TeleTrade provides an Islamic account option for Muslim traders, which is swap-free, and a demo account for practice purposes.

　　

TeleTrade Broker Account Opening Process

　　Opening an account with TeleTrade is a straightforward process that can be completed in a few steps:

• 　　Visit the Website: Go to TeleTrades official website and click on the “Open Account” button.

• 　　Registration: Fill out the registration form with your personal details, including your name, email, and phone number.

• 　　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, you will need to submit:

• Proof of Identity: Passport, national ID, or drivers license.
• Proof of Address: Utility bill, bank statement, or another official document with your name and address.

• 　　Account Selection: Choose your preferred trading account type (Standard, NDD, or Sharp ECN).

• 　　Platform Choice: Select the trading platform you want to use (MetaTrader 4 or 5).

• 　　Fund Your Account: Deposit funds using available options like bank transfer, credit card, or e-wallets.

• 　　Begin Trading: After funding, you can start trading various instruments such as Forex, CFDs, and more.

　　This process allows you to quickly set up your trading account and begin your trading journey with TeleTrade.