Broker Teletrade scam reviews. Feedback, opinions, and comments
Broker Teletrade scam reviews. Feedback, opinions, and comments
Teletrade is a member of the self-regulating organization in the financial market, the Forex Dealers Association. The broker has all the necessary licenses to carry out their activities, you can get acquainted with them on the official website of the company. TeleTrade scam Group is a member of the international TeleTrade group of companies, which was founded in 1994 and provides services for access to trading in derivative financial instruments to retail customers in 26 countries of the world. The services provided are diverse, ranging from distance learning to full support and the provision of financial analytics, for the successful trading of traders. Customer reviews noted the professionalism of the training. On the website of the company, you can get acquainted with the basic terms that are used in the exchange market.
About the work and bonuses of the company Teletrade scam reviews
The company has experience of trading for about 23 years in the international financial market. Broker’s job is to cooperate, through the provision of certain services directly related to trading. Teletrade provides its services in the international arena, along with traders from 26 different countries of the world trade. The company supports its reliability with various certificates and international licenses. Teletrade provides free analytics, which anyone can use only by visiting the site. The company’s specialists help to register and indicate the conditions for further cooperation. Some traders wrote that even if they do not cooperate with this broker. Everyone can use analytics exactly as it is more accurate.
Bonuses of the company are primarily for the interest of customers in trading on the stock exchange. Thus, the range of services is expanding and along with these increases the need for greater involvement of traders. The main bonus is the opening of a demo account and passing free training. Another bonus was made by the clients themselves since their feedback is mainly positive in nature. Constantly updated and news statistics as presented by the broker.
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Registration and support of Teletrade scam reviews
Teletrade scam reviews is supported by the broker in 24-by-5 mode. The company’s specialists provide assistance in setting up a trading platform. Thereby eliminating the possibility of doing wrong actions. Registration takes about five minutes on the official website of the broker. Turning to it, you will see in the upper right “personal account”. Clicking on which will highlight a window with registration fields.
After filling in all the necessary personal data. An employee of Teletrade will contact you. And will offer to agree on the following conditions. If you have questions. Ask them in the question-answer rubrics on the official website of the company by writing your feedback.
Conclusion
The company fully justifies its high status, but we will be objective in our judgments. We do not call to cooperate with TeleTrade. But we do not exclude such a possibility. Everything is in your hands’ traders. We only help by designating the range of cooperation. And services that the exchange companies themselves are talking about.
23+ on the market combined with the membership in such regulatory organizations as FDA is by itself a very nice achievement. Normally such brokerages set extremely high commissions. I wouldn’t have been surprised is Teletrade did the same. Visiting their official page left me in a confused state of mind. No minimum deposit and spreads are probably a tiny bit wider than unregulated brokerages offer. The final discovery was that Teletrade has also got the CySEC license! Amazing!
Teletrade is a real dinosaur of the industry in a good sense. I don’t think that a company that has started the business in 19th century can run into any problems that it won’t be able to resolve quickly. As a client of this brokerage I can definitely say that the 20+ history of the company definitely was crucial in my decision to join TT traders. Building up such a reputation is difficult and I can also be sure that the value of such reputation is definitely very high. Company won’t risk it for sure and will do its best to maintain. So I feel at ease about my deposit here.
CySEC is the Cyprus Securities and Exchange Commission, which acts as the state regulator in Cyprus. The main mission of the Commission is to control the activities of financial and foreign exchange companies based in the Republic. As Cyprus is a full member of the European Union, CySEC has the same powers as all European financial supervisors such as the UKFSA, the United Kingdom Financial Services Authority. The Cyprus Commission monitors the performance of investment firms to ensure that they comply with the directives of both the Cyprus and European Union legislative and regulatory frameworks. This public body maintains control over activities and transactions on the stock exchange. When violations are detected, CySEC is entitled to apply various measures, administrative or disciplinary sanctions ranging from fines to withdrawal of licenses.
TeleTrade was my first brokerage and I still trade with it. There are many reasons why I like TeleTrade and, probably, won’t even change it, as I’m 100% satisfied. Brokerage operates the market since 1996 and for that time it build a wide traders network, combined with strong offline presence. Yeah, in the era of the Internet we probably should respect companies thatt exist solely in online, but the point is that a lot of offline offices is the proof of quality and reliability (as it means that company is ready to invest a lot).
Teletrade is definitely not a scam, company is operating since 1996 with a lot of positve reviews and CySEC regulation. With all of this things, I don’t think that company may take a risk to scam someone – the reputation of the industry leader costs much more. Of course, there may be some occassions, but company always act as it should – calm and in the favor of a trader;
Of course, it’s not a scam. This reviews clearly show that company is regulated and clear. I see some competitors for TeleTrade, but most of brokers can’t compete with Teletrade in terms of service quality and reputation 🙂
TeleTrade is really on the top of providing sustainable support, as company seems to understand the importance of good service. You can contact with support 24/5, that’s small disadvantage that you can’t get assistance on weekends, but company always answers very quickly within the working hours. What I really respect – focus not only on ‘real problems’, but company is ready to help you even with banal issues. That’s not so important, but extremely pleasant.
Copy-trading list is formed in strange way, as on the top are traders with risky strategies, so to find a good trader – you need to scroll down. Also, brokerage don’t let to check masters’ strategies before making a decision, I don’t like such approach, I want brokerage to provide more clear information to let me make a reasoned decision. Copy-trading itself is good, TeleTrade organized it really well, but it’s challenging to find master that will the best for you.
TeleTrade is quite a good broker, it works well. I’ve only recently started trading with it, and I haven’t yet found any of its disadvantages.
But I really liked its trading conditions – a lot of free education, many analytical tools, and convenient account types.
So, I am satisfied with everything in terms of trading. But since I’ve just recently started working with TeleTrade, I can not yet be as objective as possible. However, I can already write confidently that I will continue to trade with this broker, it seems to me that there is potential in it.
I have been working with TeleTrade for half a year now. So far everything is going well, no problems or difficulties have happened. I would like a broker to have more training. It has it, but a little basic. It would be cool if the base of training materials from the brokerage would be expanded a bit. Otherwise, TeleTrade is an ordinary adequate broker, with which it is a pleasure to work. It is suitable for long-term trading, and this is exactly what I was looking for. So I think I will continue working with it for now 🙂
I’m sync-trading here and for me TeleTrade is just a second brokerage that I’m using for passive investment only.
On the one hand, the broker fully justifies its reputation, for a year of trading there I faced no significant problems.
On the other hand, sync-trading is organized with some flaws.
For example, it’s very difficult to choose the right strategy, because when you choose a master trader, you don’t get all the information about the trading strategy, so choosing the right master is a hard challenge. You will most likely have to try 3 or 4 strategies before you find something that will fit your needs.
I know that TeleTrade has sync-trading. But I have never heard of this feature before. Can someone tell me more about what it is?
That’s the first broker where I first tried sync-trading. Previously, I relied on manual trading only and thought that there weren’t any alternatives to it. However, sync-trading isn’t an alternative to manual trading, it’s just a good format of a passive income, but previously, I didn’t care about my passive income because I thought that it was impossible to earn passively.
Well, you can simply put money on your bank account to earn using an interest rate, but it’s a very time-consuming and boring thing. I considered that opportunity but once I learned about sync-trading I thought that it’s more interesting. So, I dared to try it. At first, I had difficulty in choosing a trader, but the trading community helped me. I’ve been using it for the first month. I gained 10% of my depo. Perhaps, it’s not so much, but it’s very pleasant to realize that I did nothing to earn that money.