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TELA -

Score

2.11 /10
Danger

TELA

Hong Kong

2-5 years

Questionable Regulatory License

MT4 Full License

Regional Brokers

High Potential Risk

http://www.telaforex.vip/index.html

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Time Machine
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Score

Regulatory Index0.00

Business Index6.76

Risk Management Index0.00

Software Index8.22

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

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Company Name

Tela Group Limited

Company Abbreviation

TELA

Platform registered country and region

Hong Kong

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2026-05-19
  • This broker lacks valid forex regulation. Please be aware of the risk!
  • This broker has accumulated 1 negative field survey reviews on WikiFX. Please be aware of the risk and guard against potential fraud.

A Visit to TELA in Canada – No Office Found

The survey team went to Canada to visit forex broker TELA as scheduled, but did not find the company at the regulatory address. It indicates that the broker may just register at the address without a physical business office. Accordingly, investors are advised to make a sensible decision following much deliberation.

Danger Canada

WikiFX Verification

TELA · Company summary
TELA Review Summary
Founded1994
Registered Country/RegionHong Kong
RegulationNo regulation
Market InstrumentsForex, commodities, CFDs
Demo Account/
Leverage/
Spread/
Trading PlatformMT4
Minimum Deposit100 USD
Customer SupportPhone: +86 0512-57660006E
Email: tlsales@telaforex.viptlsales@telaforex.vipDisclaimer
Business Address: SHOP 1 ON THE LOWER GROUND FLOOR GOLDEN LEAGUE BUILDING NOS.76-82 CASTLE PEAK ROAD KOWLOON HONG KONG CHINA
Regional restrictionsThe United States, Singapore, Hong Kong, North Korea and Iran

TELA Information

Tela Group Limited, short for TELA, founded in 1994, is an unregulated brokerage registered in Hong Kong. The trading instruments it provides cover foreign exchange, commodities, and CFDs.

TELA's homepage

Pros and Cons

Pros Cons
Multiple trading instrumentsLack of regulation
MT4 trading platform supportedNo payment methods information
One-to-one butler serviceNo fee information
No account information

Is TELA Legit?

TELA is unregulated, which means traders need to be more careful when trading through TELA.

No license

What Can I Trade on TELA?

TELA offers traders the opportunity to trade foreign exchange, commodities, and CFDs.

Tradable Instruments Supported
Forex✔
Commodities✔
CFDs✔
Bonds❌
Options❌
ETFs❌
Trading products

Trading Platform

TELA's trading platform is MT4, which supports traders on PC, Mac, iPhone and Android.

Trading PlatformSupported Available Devices Suitable for
MT4✔PC, MobileBeginners
MT5❌/Experienced traders
MT4 on PC
MT4 Mobile

User Reviews

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User comment

4

Comments

Write a review

Tan Wei Jie
more than one year
Forex and metals trading is pretty smooth, no complaints there
Forex and metals trading is pretty smooth, no complaints there
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2024-07-22 12:17
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Ed Miller
more than one year
MT4 rarely crashes, and the charting tools are good too. However, I wish the spreads were more stable, quite frustrating when volatility impacts trade costs.
MT4 rarely crashes, and the charting tools are good too. However, I wish the spreads were more stable, quite frustrating when volatility impacts trade costs.
Translate to English
2024-06-28 17:02
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