I heard some negative comments about it. Other forums like FX peace army have many disappointing info regarding teletrade. From another point of view, I trade paper account and it seems like no big difference. I know that live account is more important than demo but as a newbie trader, I see no signs of scammers. Who knows how this company works? Any personal trading experience is welcome.
Forex spreads are the tightest I've ever seen. Execution has been good since my first trade. The only problem is with stop orders. Almost in all cases, there is a delay between the time of triggering any order and its execution. It might cost me money and time but I still love to trade with them.
No way. Don't even tell me it's a good broker... good conditions etc. No matter if you get vip services or something like that. There are no fair prices and adequate support. The only thing is some kind of tutorials and video materials for beginners. That's it. Teletrade is not worth paying any attention if you aim to trade profitably.
They contacted me a while ago about a game where you were supposed to answer economics related questions and you could win real $4000. I scored fourth so I didn't get any prize, however, they seem very professional. I opened a demo account to have a try and see how everything goes and have nothing wrong to say whatsover. They offered me tutorials both on the internet and in their office. I am very pleased with the service provided by them. After spending some time on the demo acc I moved to the real one because they offer some highly competetive spreads and their support is priceless.
Definitely would recommend this brokers because I've had some pretty shitty experience with other brokers and eventually found a good one.
At times forex newbies get lost facing myriads of offers from various brokers, with only prime and positive information and prognoses bunched up on their sites. How to choose a broker that won't snatch all your hope away? Communicating with more experienced currency traders and reading reviews about forex brokers will help you gain insight into the subject and to understand how much trust this or that broker deserves.
TeleTrade section is dedicated to the comments and reviews of the traders who either currently trade with this broker, or have had such an experience in the past, or are about to open a trading account with the broker soon.
Positive estimates about the broker do not give an absolute guarantee of successful trading with them; at the same time, negative statements do not necessarily mean that you are to remain in discontent after you become their client.
Each trader eventually has to make an individual decision, whereas other clients' reviews just help to get an overall picture. Judgments on TeleTrade can be favorable or opposed to the company, they comprise various issues related to trading operations or customer services; only the authors of these reviews are responsible for what they write about and in which manner they do it.
It has to be clearly understood that comments and reviews reflect only the subjective opinions of their authors. However, in any case forex beginners should pay proper attention to the views and evaluations of their 'cunning fellows' and to be very careful in choosing a broker.
TeleTRADE D.J. is one of the leading financial companies in Eastern Europe and CIS countries.TeleTRADE has more than 80 offices located in more than 13 countries of the world modernly equipped for trading and education. Since 1994, Teletrade D.J. offers its clients an extensive range of...
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