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A scanned colour copy of your passport, driving license or national ID A utility bill or bank statement from the past three months showing your address You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 5 minutes or so to complete the account opening process.

While you might be able to explore TeleTrade's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation. To start the process of opening an account with TeleTrade you can visit the TeleTrade trading platform here.

CFDs are leveraged products and can result in significant losses, excess of your invested capital. All trading involves risk. Only risk capital you're prepared to lose.

Past performance does not guarantee future results. This post is for educational purposes and should not be considered as investment advice. All information collected from on October 11, We spent over 3 months examining TeleTrade in depth.

Although we found some very useful aspects of the TeleTrade platform that would be useful to some traders, our overall our feeling is that you would be better served with an alternative to TeleTrade. TeleTrade has a history of over 14 years. TeleTrade has a reasonable sized customer support of at least This means TeleTrade fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.

TeleTrade have regulation from reputable regulators. TeleTrade has the ability to get deposits and withdrawals processed within 2 to 3 days.

This is important when withdrawing funds. TeleTrade have an international presence in multiple countries. This includes local TeleTrade seminars and training. TeleTrade are able to hire people from various locations in the world who can better communicate in your local language. TeleTrade Risk Disclosure Your capital is at risk Trading Risk Disclaimer Trading financial instruments including crpytocurrency and foreign currency markets come with a very high level of risk.

In regards to leverage and margin based trading you will be exposed to a high risk of loss. Some financial instruments and derivatives that are off exchange may offer varying leverage and may have limited regulatory protection and high market volatility.

It should never be presumed that any investment products, techniques, indicators or any other presented resources will result in profits. You should be aware that investing may result in financial loss. Click here to view the best TeleTrade Alternatives We have spent years researching the best alternatives to TeleTrade. Click the links below to learn more. If you feel some of the above TeleTrade are not quiet what you are looking for or perhaps you would just like to see some alternatives.

See our highly rated list of TeleTrade alternatives below. If you would like to see how TeleTrade stands up against other brokers you can read some of our TeleTrade comparisons below. We compare side by side some of our top rated TeleTrade versus comparisons. Read our indepth TeleTrade VS pages below.

Can I try TeleTrade? TeleTrade offer a demo account so you can try the TeleTrade platform with virtual trading before you put down a payment.

Virtual trading with TeleTrade is zero risk. What funding methods do TeleTrade accept? Please note that the list of payment methods below depend on the TeleTrade Entity and the Clients Country of Residence. Your capital is at risk Is TeleTrade safe? Your capital is at risk Is TeleTrade trading good? TeleTrade is considered good and reputable to trade with TeleTrade. TeleTrade is used by over 50, traders and TeleTrade users. Minimum deposit with TeleTrade is Is TeleTrade trading Legit? TeleTrade was founded in Cyprus in TeleTrade has been facilitating trade on the financial markets for over 14 years.

All funds deposited to TeleTrade are held in segregated bank accounts for security. Is TeleTrade a good broker? Is TeleTrade trustworthy broker? TeleTrade can be considered trustworthy. All money funded to TeleTrade is placed into a segregated bank account. The broker has no direct access to your funds so cannot misappropriate your money. What is the minimum deposit for TeleTrade? The minimum deposit to trade with TeleTrade is How long do TeleTrade withdrawals take?

Withdrawing money from TeleTrade processing time varies depending on the method but averages days. Is TeleTrade regulated? Regulatory bodies conduct regular reviews and audits as part of TeleTrade maintaining their regulatory status.

You can learn more about these reviews on the regulator websites. Is TeleTrade a market maker? TeleTrade is a not a market maker. A market maker speeds up trading as a market maker will purchase your stocks and commodities even is a buyer is not lined up.

Is my money safe with TeleTrade? One of the most important criteria for traders when choosing a broker like TeleTrade is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

If they violate any regulatory rules their regulated status can be stripped. Is TeleTrade a con? TeleTrade is regulated and well established having been in business for over 14 years. TeleTrade is not a con. Can you make money with TeleTrade? Although traders have had great success with TeleTrade. Trading on the financial markets with TeleTrade is not a get rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading your chance of success will greatly increase.

Never trade with money you cannot afford to lose. Your capital is at risk. Does TeleTrade have fees? TeleTrade withdrawal fees varies on payment method. TeleTrade does charge a fee for inactive accounts. When was TeleTrade founded? TeleTrade was founded in How many people use TeleTrade? TeleTrade is used by over 50, registered TeleTrade users.

What is TeleTrade Headquarters country? TeleTrade has its head quarters office in Cyprus. Does TeleTrade offer negative balance protection? TeleTrade offers negative balance protection.

With Negative balance protection means traders cannot lose more money than they have deposited. Does TeleTrade offer guaranteed stop loss? TeleTrade offers guaranteed stop loss protection.

With guaranteed stop loss protection risk is managed. Traders are guarenteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.

Does TeleTrade allow scalping? TeleTrade offers scalping. Does TeleTrade allow hedging? TeleTrade offers hedging. TeleTrade offers CFD trading. TeleTrade offers STP trading. TeleTrade is used by over TeleTrade users and traders. TeleTrade offers ECN trading. Does TeleTrade offer a demo account?

TeleTrade offers a demo account. Does TeleTrade offer an Islamic account? TeleTrade does not offer Islamic accounts. What are the funding methods for TeleTrade? Please check your specific available payment methods on the TeleTrade website.

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