Rating Index
Pros
Over 50 forex currency pairs available for trading.
Fast execution speeds with an average of 0.20 seconds, appealing to active traders.
Offers a multi-client manager (MAM) for professional traders to manage multiple accounts efficiently.
Cons
No regulatory oversight, raising concerns about the security of client funds.
High minimum deposit requirement of $50,000, which may deter smaller investors.
Limited transparency regarding non-trading fees and deposit/withdrawal processes, potentially leading to unexpected costs.
Teyler broker Accounts
Teyler Account Type
Teyler Limited offers a single type of trading account known as the Master Account. To initiate trading, clients must deposit a minimum of $50,000. This account is designed for executing large volume orders and requires at least two investor accounts to achieve a combined equity of no less than $50,000. The account provides leverage of up to 1:100 and offers spreads starting as low as 0.0 points.
Teyler Broker Account Opening Process
The process to open an account with Teyler involves the following steps:
- Registration and Financial Commitment:
- Register and fund your live account with a minimum deposit of $50,000.
- Account Configuration:
- After funding, integrate live trading accounts into the Master Account, ensuring that at least two investor accounts together hold a minimum equity of $50,000.
- Operational Start:
- Once the Master Account is operational, you can manage and execute bulk orders efficiently.
This structured approach ensures that traders are well-prepared to engage in the trading activities offered by Teyler.
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