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Score
Russia
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Influence
Add brokers
Comparison
Quantity 15
Exposure
Score
Regulatory Index0.00
Business Index7.15
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
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Company Name
Teletrade Group LLC
Company Abbreviation
TeleTrade
Platform registered country and region
Russia
Company website
Company summary
Pyramid scheme complaint
Expose
Scams. Unable to withdraw. Forbid login. Please help.
This platform was totally a scammer. Please help. I could provide more evidence.
Unable to withdraw. It leads you to deposit endlessly and finally blocks your account. Beware.
The platform scammed and did money laundering. I’m unable to withdraw and threatened by it. Beware and don’t be cheated anymore. Help!
Beware of this scammer. The company even threatened me. Help.
Scams. Money laundering. Unable to withdraw. It even threatens users. Please help.
Unable to withdraw for several reasons. Finally the platform will block you. Stay away from it. Help.
Unable to withdraw. It led you to pay many fees after making profits. Money laundering. Finally the platform blocked your account and threatened you. Help.
Stay away from this platform which has a lot of copies. Beware of them.
I was scammed and unable to withdraw. They threatened me as the following showed. Help.
Beware of this platform which led you to scams. They will block you if you say some exposure about it.
The reason I chose to quit is because the withdrawal of this exchange is very complicated, sometimes it takes a few days to a few weeks or even a month. I had to re-apply a total of 8 times and all of this 8 times were rejected, and could not withdraw. USDT withdrawal not supported. Many things wrong with their withdrawal, they have withdrawal issues. I had to quit.
Due to the temporary inaccessibility of TeleTrades website (https://www.teletrade.ru/), we could only piece together a rudimentary picture of it as a forex broker by obtaining pertinent information from other websites.
General Information
Registered in Russia, TeleTrade presents itself as a forex broker offering its clients a series of trading instruments, such as Forex, Commodities, Stocks and more. Having been in business for barely 2 to 5 years, TeleTrade could hardly be called an old and venerable brokerage. Since we were unable to access the official TeleTrade website, we were only able to get limited information.
As far as we can tell, TeleTrade is not governed by any regulatory authorities, thus that bit of data is settled. As a result, its regulatory status on WikiFX is classified as “No License” and it only manages a score of 1.42 out of 10 overall. Don't be oblivious to the potential danger.
For more detailed customer reviews, please visit the WikiFX website.
Negative Reviews
There are many complaints online about TeleTrade, therefore potential clients would be wise to stay away from this forex broker. Many investors have complained about this broker, most of them having trouble making withdrawals.
As is typical of forex scammers, TeleTrade denied their withdrawal and closed their trading account.
Customer Support
With TeleTrade, phone and email support are available. If you have any inquiries or trading-related issues, you can get in touch with this brokerage firm through the following details:
Telephone: info@teletrade-group.ru
Email: info@teletrade-group.ru
Risk Warning
There is a considerable degree of risk involved with online trading of leveraged Forex and CFD instruments, and as a result, it may not be appropriate for all investors.
Please keep in mind that the data presented in this article is meant to serve as a guideline only.
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