TELA foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website http://www.telaforex.vip/index.html, about the company's legal and temporary regulatory information, the company's address FLAT/RM 917A,BLK A 9/F NEW MANDARIN PLAZA,NO.14 SCIENCE MUSEUM ROAD TSIMSHASUI,KL,HONG KONG.
TELA Forex Broker
Basic information
Hong Kong
2-5 years Suspicious Regulatory License White label MT4 Regional Brokers High potential riskCompany profile
Tela Group Limited was registered in 2021 in Hong Kong. It uses MT4 as its trading platform, and offers trading services on the forex, commodities, and CFDs markets. However, it is not regulated currently. Therefore, please be aware of the potential risks.
Pros and Cons
| Pros | Cons |
| Account segregation | Lack of regulation |
| Demo accounts | No physical office found |
| MT4 provided | Lack of transparency |
Is TELA Legit?
No, TELA is not regulated by the financial services regulatory authority in China, which means that the company lacks regulation from its registration site.
WikiFX Field Survey
WikiFX field survey team visited TELA's regulatory address: 610 Constellation Drive in Mississauga, Canada. However, no physical business office can be found.
What Can I Trade on TELA?
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| CFDs | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Leverage
TELA offers leverage up to 1:400. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Web, desktop, mobile | Beginners |
| MT5 | ❌ | / | Experienced traders |
Rating Index
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Latest Reviews
柳锁凤
Hong Kong
I met the owner of this platform named Chengxi online. She was live streaming and claimed that her platform guarantees capital preservation. I invested 100,000 US dollars, but she lost the money shortly after. Worried, I wanted to withdraw early, but she said I would have to bear a 30% loss if I did. I agreed, but she still didn't allow me to withdraw. She also owes me around 570,000 yuan. This is a private scheme, not a real foreign exchange platform. She has pocketed all the money.
Exposure
2024-11-18
FX1128183986
Hong Kong
They promised safety and capital preservation during investment, but once I invested, they refused to let me withdraw money. They keep delaying on WeChat without any resolution, and I still need the 100,000 RMB. Boss Cheng should compensate me quickly.
Exposure
2024-11-18
688时尚
Hong Kong
It's a private platform with withdrawals controlled privately. Withdraw as soon as possible, as they are likely to stop allowing withdrawals soon. The so-called boss "Cheng Xi" is now ignoring concerns.
Exposure
2024-11-25