TELAReview SummaryFounded2021Registered Country/RegionChina (Hong Kong)RegulationNo regulationMarket InstrumentsForex, commodities, CFDsDemo Account✅LeverageUp to 1:400Spread/Trading PlatformMT4Min Deposit$100Customer Support24/5 supportTel: +86 020 84884652Email: tlsales@telaforex.vip 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 ConsPros Cons Account segregationLack of regulationDemo accountsNo physical office foundMT4 providedLack of transparencyIs 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 PlatformTrading PlatformSupported Available Devices Suitable forMT4✔Web, desktop, mobileBeginnersMT5❌/Experienced traders