TeleTrade-Some important Details about This Broker

WikiFX | 2022-08-22 18:41

Abstract：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.

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.

Forex trading Forex Broker

Related broker

No Regulation

TeleTrade

Company name：Teletrade Group LLC

Score

1.55

Website：https://www.teletrade.ru

5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Score

1.55

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