Score

1.50 /10
Danger

Teletrade

Saint Vincent and the Grenadines

5-10 years

Suspicious Regulatory License

High potential risk

B

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Comparison

Quantity 1

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.94

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
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

Teletrade D.J. Limited

Company Abbreviation

Teletrade

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-12-25
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
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Teletrade · Company summary

General Information and Regulation

Teletrade is an online broker, offering a range of products to their clients including a wide variety of tools, investment products and financial instruments, excellent trading education, expert market analysis and dedicated client support. There is no clear license or registration on the website. They also have an affiliate program to gather more clients and get paid for them.

Their partners will benefit from a completely new commission structure. Each partner gets paid daily for customer registration and verification, trading account replenishment, and trading activity. They were able to incorporate all of the benefits of currently available affiliate programs on the market in this way. It allows their partners to get compensated for each new client they bring in.

They offer you a percentage of the money your clients earn for the firm if you know how to find the best traders and generate fresh ideas. Depending on the market you're targeting and your activities, they'll offer you customized terms.

Market Instruments

This broker offers instruments trading on Forex, CFD on stocks, futures and metals

Spread's and commissions

Traders are charged spreads of 30%.

Trading Platform

Deposit and withdrawal

Deposits ares set at two different rates. For verified clients its 20$ and fro active clients its 500$. Payouts happen daily 24/7.

Customer Services

There is no clear customer care line, only an email and messaging board.

News

NewsTeleTrade Review 2021 - Pros and Cons Uncovered

TeleTrade review, all you should know before trading. Updated for 2021. Analytics from forex traders and the Most relevant customer reviews about TeleTrade. Full detailed analysis of TeleTrade services: trading conditions, licenses, types of accounts, minimum deposit.

WikiFX
2021-12-14 10:53
TeleTrade Review 2021 - Pros and Cons Uncovered

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