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TeleTrade.eu
TeleTrade.eu is a reputable forex broker that has been in operation since 1994. They offer a variety of trading platforms including MT4, MT5, and WebTrader, providing their clients with flexibility and convenience. With over 65 forex currency pairs, gold, silver, cryptocurrencies, and more, TeleTrade.eu offers a wide range of investment and trading options. One of the standout features of TeleTrade.eu is their competitive trading conditions. They allow trading with a minimum trade size of 0.01, providing accessibility to traders of all levels. Additionally, their maximum leverage of 500:1 allows for potential higher returns on investment. TeleTrade.eu is regulated by CySEC, ensuring that they adhere to strict financial standards and providing peace of mind for their clients. They have regional offices in various locations, and their headquarters are located in Nicosia, Cyprus. With a user-friendly interface and a range of trading instruments, TeleTrade.eu caters to both experienced traders and beginners. They offer trading platforms such as MT4, MT5, and WebTrader, allowing traders to access their accounts from anywhere, anytime. The platform also supports EAs/Robots, news trading, and scalping strategies. Deposits and withdrawals are made easy with TeleTrade.eu, as they accept various payment methods including bank wire, VISA, MasterCard, FasaPay, Neteller, and Skrill. In conclusion, TeleTrade.eu is a reliable forex broker that provides traders with a comprehensive range of trading options and competitive trading conditions. With their user-friendly platforms and excellent customer support, they are a trusted choice for both beginner and experienced traders.
Broker Details
- Minimum Trade Size: 0.01
- Maximum Leverage: 500:1
- Minimum to Open Live: $100
- Established: 1994
- Address: 88 Archiepiskopou Markariou III, 1077 Nicosia, Cyprus
- Contact: support@teletrade.eu, ( 357) 22314160
- Regional offices:
- Regulators: CySEC #158/11
- Prohibited countries:
Trading Platforms
TeleTrade offers multiple trading platforms, including MT4, MT5, and WebTrader. These platforms provide traders with a user-friendly interface and a wide range of tools and features to enhance their trading experience. The Web Trading platform allows traders to access their accounts from any web browser, making it convenient for those who prefer to trade on the go.Trading Conditions
TeleTrade allows the use of EAs/Robots, news trading, and scalping strategies. This flexibility enables traders to implement their preferred trading strategies and take advantage of market opportunities. Additionally, TeleTrade provides managed accounts and social trading options for those who prefer a more hands-off approach to trading.Deposit and Withdrawal Methods
TeleTrade offers a variety of deposit and withdrawal methods, including bank wire (Bank Transfer/SWIFT), VISA, MasterCard, FasaPay, Neteller, and Skrill. These options provide traders with flexibility and convenience when it comes to managing their funds.Pros and Cons
While TeleTrade offers a range of trading platforms and a diverse selection of trading instruments, it is important to consider the following pros and cons:- Pros:
- Wide range of trading instruments
- Multiple trading platforms
- Flexible trading conditions
- Convenient deposit and withdrawal methods
- Cons:
- Limited information on regional offices and prohibited countries
Safety Check
TeleTrade is regulated by CySEC, which ensures that the broker operates in compliance with financial regulations. However, it is always recommended to conduct thorough research and due diligence before engaging with any forex broker. If you have had experience working with TeleTrade, we encourage you to leave your feedback on the forexroboteasy.com website. Your insights can help other traders make informed decisions about their choice of broker.forexroboteasy.com
1 review
Careful tread is advisable when navigating the world of forex trading courses and competitive winnings, such as those offered by TeleTrade.eu. Despite not having directly deposited any funds into this investment company, my first-hand experiences with their free forex courses and a significant $3000 bonus prize from their 'Millionaire School' competition has provided me with some sharing points. Regrettably, the company seems to circumvent important aspects of forex trading in their free courses - risk and money management are oddly missing from the curriculum. Moreover, be prepared to resist their aggressive marketing tactics urging you to deposit a minimum of $2000 to trade with a steep minimum contract size of 1 LOT. An aspect that struck me as particularly problematic was the performance of their trading platform – it was plagued with constant re-quotes and frustratingly frequent freezes, especially on currency pairs having open positions. It seems perplexing that these technical glitches were strangely absent while dealing with currency pairs on which I had no open positions. Furthermore, their trading terms can easily come across as significantly customer-unfriendly. Not being allowed to exit a position when the price is within a 10 pip range from the set take profit or stop loss levels feels unfriendly and restrictive. A noteworthy mention is the closure of their Russian offices due to alleged illegal activities and accusations of scamming investors. This development compounds the need for traders to exercise caution with their investment decisions. An experience that particularly left me perturbed was a witnessed exchange where an investor lost his entire investment copying trades of a 'Master Trader' heavily promoted by TeleTrade. Subsequently, information about this 'Master Trader’s' account performance strangely became unavailable. Encouragingly, I bagged a hefty bonus in their competition and enjoyed their free courses. However, it's vital to balance the promising aspects with the potential risk factors and shortcomings attached. A company offering numerous lucrative schemes should not fail to provide accurate and transparent information to its clients. Investing in 'TeleTrade.eu's Master Invest program is a decision that should be approached with eyes wide open, given the aforementioned findings. Forewarned is forearmed.
1 review
Exercise extreme caution before considering the services offered by TeleTrade.eu. While I am not able to provide a rating based on personal investment, I can share an in-depth review based on my direct experiences. First, let's talk about the free forex trading courses. I was fortunate enough to walk away with a $3000 prize from their "Millifer School" competition. However, what bothered me was the noticeable omission of any discussion about risk management or money management as part of the free Courses. These are crucial elements in forex trading, the absence of which, especially in a training course, is somewhat worrisome. Secondly, the company’s aggressive marketing tactics put me on high alert. They didn't just encourage me, but rather pressured me to deposit real money, with a hefty minimum deposit of $2000 and a minimal contract of 1 LOT. This could be quite intimidating for newcomers or individuals working with a smaller investment budget. In addition, I found the trading platform functionality to be subpar. Excessive requotes and freezes on active currency pair trades were frequent. Interestingly, these freezes were not experienced on currency pairs with no open positions. This irregularity raises serious concerns about the integrity of the platform. Furthermore, the trading conditions were far from advantageous, not allowing positions to be closed if the price was within 10 pips range before the T/P or S/L levels. What raises a red flag is the closure of their offices in Russia due to allegations of scam and illegal activities. This, coupled with their questionable platform and aggressive marketing strategy, would make anyone think twice. And finally, let's discuss their 'Master Invest' programme. I had a first-hand experience of witnessing a distressing conversation between a customer and a TeleTrade manager. The customer lost all his investment just by copying the trades of a 'Master Trader'. This so-called Master Trader, who was heavily promoted by TeleTrade, miraculously vanished with his account statistics after the incident, leaving a bitter taste in the mouth of the invested public. In conclusion, based on my experiences and observations, I would strongly advise anyone considering TeleTrade.eu for forex trading or participation in their 'Millionaire School' to proceed with extreme caution. This review is not to condemn but to enlighten potential investors about potential risks and uncertainties associated with this platform.
Proceed with caution, dear reader. This isn't a ranking exercise. Quite honestly, I haven't invested real monetary capital into the upshots of this venture. However, I do have a different kind of investment to share: my experience. Excitement was my first reaction when I ventured into TeleTrade.eu's free forex trading tutorials, and surprisingly, snagged a whopping $3000 bonus in their so-called 'Millionaire School' contest. However, after initial thrill haze faded, I soon noticed the glaring absence of risk management and money management discussions in their free courses. Let's face it: without a central focus on financial management, how can one thrive in the unpredictable arena of Forex trading? Adding to my skepticism, their aggressive marketing tactics aimed to coax me into depositing real money. The minimum deposit? A hefty sum of $2000, not to mention the eye-watering minimum contract of 1 LOT! A gentle nudge towards financial commitment? I think not. The low performance of their trading platform further punctuates my concerns over TeleTrade.eu. Requotes seemed to be a regular occurrence, and frequent freezes on currency pairs with open positions was, to put it mildly, unnerving. Interestingly, currency pairs where I had no active positions experienced no such issues. Let's not skip over their barely-friendly customer trading conditions. Constraint from closing a position if the price is in a 10 pips range before T/P or S/L levels? Not what I would call user friendly. On a more troubling note, TeleTrade's Russian offices were suspended due to allegations of fraudulent activities conspicuous scamming of innocent people. This raises serious questions about their overall business ethos. Speak of questionable practices, I strongly advise against diving into their enticing 'Master Invest' program. As an eyewitness to a distressing episode where a client lost his entire investment by copying trades of a 'Master Trader', heavily promoted by TeleTrade, I can attest to the lethality of deceptive marketing. The availability of the 'Master Trader’s' account statistics suspiciously vanished post this incident. In summary, judicious discernment is the name of the game with TeleTrade.eu.
As a cautious observer, I'm withholding my final rating for TeleTrade.eu because I have not yet had the opportunity to deposit any real money with the company. However, I delved into their free forex trading courses and secured a rewarding $3000 free bonus on the "Millionaire School" competition. While their courses were quite informative, I spotted a major gap - risk and money management crucial to any Forex trading, was glaringly absent. Noticing this lack gave an impression of incomplete curriculum and lack of responsible teaching methods. TeleTrade's aggression in its marketing strategy was concerning. Pressure was cast on depositing real money, with a high minimum deposit of $2000 and a steep minimum contract of 1 LOT. Aggressive selling can be off-putting, lending to caution and resistance to investing. Their trading platform's performance left much to be desired, with continuous requotes, and annoying platform freezes specifically on currency pairs when open positions were on play. Simultaneously, currency pairs not in play seemed suspiciously unaffected by such freezes. Undeniably, an even bigger detractor was their unfriendly trading conditions. Crippling restrictions put in place like forbidding closing positions if the price is within a 10 pips range of the T/P or S/L levels seemed to undermine the trader's potential and autonomy. Thought-provokingly, their offices in Russia were caught up in legal turmoil, closed due to accusations of scamming people. This disturbing news is certainly a red flag for any prospecting traders. Finally, I would strongly advise against investing in their "Master Invest" program. I happened to overhear a shocking conversation between a client and a TeleTrade manager. The client had disastrously lost his entire investment, having followed the promoted trades of their touted "Master trader". Ominously, the "Master trader's" account statistics became unavailable soon after this incident... To sum up, this partly educational exploration with TeleTrade.eu serves a cautionary tale. It underscores the need for due diligence, maintaining a healthy skepticism, and constantly navigating the Forex trading arena with wits about you."
1 review
In exploring the universe of online forex education, I found myself venturing into the platform offered by TeleTrade.eu. Touted for its potential of receiving a $3000 bonus through their 'Millionaire School' competition, it stirred my interest. However, I'd like to clarify upfront that while I've taken their free forex trading courses, I refrained from investing real money with this firm, so my review will not encompass the trading experience. TeleTrade's free courses certainly provided valuable insights into forex trading, but I must confess, the glaring absence of risk/money management lessons was a letdown. While I understood the potential of forex trading, learning about managing financial woes is equally crucial. This omission left me question the holistic aspect of their curriculum. Another concern was their aggressive marketing that almost harangued me into depositing real money. The huge minimum deposit of $2000, paired with a minimum contract of 1 LOT, only cemented my suspicion. As a novice, such exorbitant terms can be off-putting. Moving onto their trading platform's performance, its inconsistency was jarringly evident. There were constant requotes and recurring freezes on the currency pair with active positions. Surprisingly, the currency pairs without any open positions experienced no such freezes. This inconsistency raises questions about the platform's reliability. Moreover, the platform's customer-unfriendly conditions highlight its restrictive environment. The restriction on closing positions if the price is within a 10 pips range before T/P or S/L levels can pose significant hurdles for the traders. Adding to that, the recent closure of their Russian offices due to alleged scamming incidents casts doubt on the platform's overall reputation and credibility. Their 'Master Invest' program also invited scrutiny. I was privy to a conversation where a client, having invested in the program, lost his entire investment by copying trades of a so-called 'Master Trader', handpicked and promoted by TeleTrade. Shortly after, strangely, the “Master Trader's” account statistics became inaccessible, creating further suspicions. In conclusion, while TeleTrade.eu boasts of robust free forex education and a tempting $3000 bonus possibility, certain aspects raise eyebrows. Their aggressive marketing, inconsistent platform performance, and dubious 'Master Traders' program merit caution. It is essential to thoroughly research and trust your instincts when parting ways with your hard-earned money.
1 review
Proceed with extreme caution when it comes to dealing with TeleTrade.eu. While I've abstained from leaving a rating, I've engaged their services by attending their free Forex trading courses and even winning a $3000 bonus from their 'Millionaire School' competition. However, despite these short-termed vouchers, my experience has left me with a wary eye. These free courses, while enticing, barely touch upon the critical aspects of risk and money management; quite the contrary to what's necessary to develop a competent trader. This absence of comprehensive education, along with the aggressive marketing they employ to persuade enrollment in real trading involving genuine money, raised the first flag. The initial deposit amount itself is a whopping $2000 with a minimum contract of 1 LOT, suggesting their approach is more opportunistic rather than education-focused. Their trading platform didn't exactly leave a lasting impression either. The performance was significantly glitch-prone with regular quotational discrepancies, and I noted that the platform froze constantly while monitoring currency pairs under my portfolio. Interestingly, currency pairs without open positions functioned smoothly - an observation worth noting. Further, their trading conditions weren't particularly user-friendly. The inability to close positions if the price falls within the range of 10 pips before Take Profit (T/P) or Stop-Loss (S/L) levels, prompts a level of risk that seems disproportionate and unappealing. Another point of concern is the closure of their Russian offices following allegations of illicit activities. Words of caution ring louder for those contemplating investment into their 'Master Invest' programme - I've personally witnessed a client-TeleTrade manager conversation, wherein the client lost all investments by replicating trades of a 'Master trader' overly endorsed by TeleTrade. Consequently, the statistics of this 'Master trader's' account conveniently became unavailable. With these observations in mind, I'd urge those considering TeleTrade.eu to weigh up the potential risks before investing their hard-earned cash. It's crucial to understand that all that glitters is not gold, and sometimes, the lure of a potentially lucrative outcome masks the harsh realities of malevolent intentions. Make sure your trading journey is always marked by educated decisions, supported by reliable and ethical partners.
1 review
Stepping into the colossal field of Forex Trading can be daunting, and it’s always judicious to proceed with meticulous caution. During my exploration of TeleTrade.eu, I was neither investing real money nor was I aiming to give it a rating; I was simply partaking in their free Forex trading courses. My experience was rather intriguing. On a positive note, I garnered a $3,000 free bonus as part of their "Millionaire School" competition. This made for a rather impressive and satisfying win for a beginner like me, proving that their competitions carry real monetary potential. However, as I navigated through the course, I noted some concerning elements. One of the integral facets of trading, the aspect of risk/money management, was notably missing from the course curriculum. This is a crucial subject that holds great gravity in the world of trading, and the absence of it was disappointing. Moreover, I found TeleTrade.eu's marketing strategies overly aggressive. As I pursued through the course, there was a constant push to deposit a minimum of $2,000 of real money and a demand for a minimum trading contract of 1 LOT. This pressure was unsettling and may feel overwhelming for beginners. The performance of their trading platform was another significant drawback. There were continual requotes and platforms freezing on the currency pair where I held open positions. This did not only disrupt my trading but also raised some suspections, as the currency pairs where I did not hold any open position did not experience such issues. In view of the trading conditions, they were rather customer-unfriendly. It was a let-down being unable to close positions if the price was within 10 pips range before the Take Profit (T/P) or Stop Loss (S/L) levels. Please be informed, that their offices in Russia faced closure due to accusations of illegal activities. This is an eye-opening aspect one should carefully consider before deciding to conduct business with TeleTrade. Lastly, their 'Master Invest' program. As an audience to a distressing conversation between a client and a TeleTrade manager, I saw the aftermath of a client who lost his entire investment by replicating trades of a 'Master trader'. After the loss, the Master trader's account statistics were unaccessible, raising multiple red flags. In conclusion, while there might be promising aspects such as the 'Millionaire School' competition, one should also weigh the concerning factors before making an informed decision. Paddle through the waves of Forex Trading with wisdom and always remember to invest time in studying a platform thoroughly before taking any action.