Update... unprocessed withdrawal requested on 9th August, MT5 acc 9036788. Teletrade account TTR-28094311. I will assume if not received this week that the firm has finally stopped all payments to al... See more
Company replied
Companies on Trustpilot aren't allowed to offer incentives or pay to hide reviews.
Update... unprocessed withdrawal requested on 9th August, MT5 acc 9036788. Teletrade account TTR-28094311. I will assume if not received this week that the firm has finally stopped all payments to al... See more
Company replied
I've started with TeleTrade as the second brokerage for sync-trading purpose. And, honestly, I'm satisfied, sync-trading is really the best way to diversify your risks. BUT. One important point, if yo... See more
Company replied
Although this broker doesn’t offer sleek custom-made platforms or the whole range of altcoins, but it pleasantly surprised me with its warm attitude to clients. What really shocked me is that they giv... See more
Company replied
Avoid this broker is a big scam!!!! They are rippers. Thankfully “ 𝐒𝐚𝐟𝐞𝐫𝐞 𝐜𝐥𝐚 𝐢𝐦” was able to retrieve my £47,000 without any problems and delay
Since its inception in 1994, the Teletrade Group has developed a truly global brand. We are a leading provider of Forex-related services in Asia and Europe which are backed by an international network of over 200 affiliates.Thanks to our unique affiliate network, we are always close at hand. We give our clients the opportunity to trade Forex, CFDs, Metals and Futures with services meeting the highest standards - MetaTrader 4 or the MetaTrader 5 platform. To make the first steps in the world of Forex trading as easy as possible, our customers can practice trading with a fully featured demo trading account. We provide training seminars, educational support, market news and expert forecasts. Our customer service is ready to help around the clock (24 hours) 5 days a week.
First Floor, First St. Vincent Bank Ltd Building James Street, -, Kingstown, St. Vincent & Grenadines
Replied to 46% of negative reviews
Typically takes over 1 month to reply
Avoid this broker is a big scam!!!! They are rippers.
Thankfully “ 𝐒𝐚𝐟𝐞𝐫𝐞 𝐜𝐥𝐚 𝐢𝐦” was able to retrieve my £47,000 without any problems and delay
With the help of AMPLE ~ EDGES $168k became accessible, when it once felt impossible to reach.
Cornered with $51,200 and no help, 𝗿𝗲𝘁𝗿 𝗶𝗲𝘃𝗶 𝘀𝘁𝗮 responded, unraveled the mess, and succeeded.
Update... unprocessed withdrawal requested on 9th August, MT5 acc 9036788. Teletrade account TTR-28094311. I will assume if not received this week that the firm has finally stopped all payments to all clients but let's see

Reply from TeleTrade
They are not serious. They refuse to process withdrawals pretending some financial security clauses.

Reply from TeleTrade
I waited almost a month before I got my money back.
Customer service helped me a lot and they respond quickly.

Reply from TeleTrade
I’ve been working with the Broker for 5+ years. I started out as a regular trader, but over time I launched my own supporting services, including a small trading community, a channel, and an educational bot. We often use TeleTrade as a source of analytics because they offer a solid analytical feed. I also recommend TeleTrade to my traders as a starting point. First, because I believe their conditions are great for understanding financial markets. And second, I’ve built direct contacts with the team behind the brokerage, which makes collaboration smoother. Over the years, I’ve had my share of disputes — both related to my personal trading and with members of our community. But every situation was resolved successfully, which is why I continue working with them to this day.
Edit: 2 months and still no money received. I see over the internet that withdrawal problems are counting, they seriously went rogue and want to steal clients money. First they claimed that there must be an error somewhere (as per their reply to this review), now they claim that a 3rd party partner is holding the money or what. Total bullshit. Guys, if you have money with them, contact police authority. They will not send your funds without a legal preasure.
I would like to warn the entire trading community about this broker – they’ve stopped paying out withdrawals.
I've been trading with them for years and they always processed my withdrawals within the specified timeframe. But recently, they started adding delays, so I was mostly waiting several weeks.
Now, my last withdrawal of $3,600 has been pending for almost 3 months. Their copy-pasted, robotic replies to my tickets are always the same: "withdrawal is still under review" or "your withdrawal is still being considered." Obviously, they’re just trying to delay it further, so I lost my patience and let them confiscate my whole balance.
I welcome anyone from Teletrade here to explain why they’re unable to honor withdrawal requests.

Reply from TeleTrade
I recently made a small deposit to my TeleTrade account using a verified Neteller account. However, my deposit was rejected on the grounds that the Neteller email did not match the one on my TeleTrade account.
After reviewing TeleTrade's own published AML policy, I found no mention or requirement that deposits must be made from a payment account using the same email address as the trading account. AML compliance focuses on identifying users, verifying documents, monitoring suspicious activity — not email matching across systems.
Even worse, TeleTrade accepted and deducted the amount from my Neteller account instead of rejecting the transaction at the gateway level. Since they did not return the full amount, I am now out $1 for no valid reason. This is unacceptable.
Their handling of the case shows a lack of transparency, poor customer service, and inconsistent application of their own policies.
If TeleTrade wants to enforce a policy requiring matching emails for deposits, they should clearly state this in advance, preferably at the deposit screen, not invent rules after accepting funds.
Teletrade deposit Transaction details
-------------------------------------------
Request № 20909397 for deposit
Status
Refused
Application number
20909397
Account number
3397160
Date / Time
01.07.2025 / 18:56:11
Operation
Deposit
Payment Method
NETELLER
Amount
3.75 USD
Additional information
Email address in the application does not match the one specified in your client login page.
Neteller Transaction
--------------------------
Paid at Teletrade
- 3.75 USD
Yesterday at 9:56 PM
Status
Processed
Transaction ID
6346735818
Amount paid
3.75 USD
Fee
0.00 USD
Total
3.75 USD
Recipient country
Saint Vincent and the Grenadines
Teletrade refund Transaction details
-------------------------------------------
Request № 20914635 for withdrawal
Status
Executed
Application number
20914635
Account number
3397160
Date / Time
02.07.2025 / 08:28:18
Operation
Withdrawal
Payment Method
Refund
Amount
3.75 USD
Additional information
Refund by application 20909397
Neteller refunded amount
------------------------------
Paid from Teletrade
+ 2.75 USD
Today at 12:57 PM
Status
Processed
Transaction ID
6347966942
Amount received
2.75 USD
Fee
0.00 USD
Total
2.75 USD
Recipient country
Saint Vincent and the Grenadines

Reply from TeleTrade
It became Earn, has doubled the commissions, they are so high that you cannot do any scalping without feeling their commissions in your throat.

Reply from TeleTrade
As someone who frequently trades, having low transaction costs is essential. TeleTrade's partnership with Trades Union provides a partial spread rebate, which significantly reduces my trading experiences. Their educational materials have also been very helpful in improving my trading skills.
TeleTrade has a robust platform that suits my trading perfectly I learned about them through Traders Union and took advantage of their offer to get a part of the spread back. The arrangement has made my trading activities much more profitable, and the platform's reliability is top-notch.
TeleTrade has become my favorite broker thanks to excellent analytics and a lot of tolls for technical analysis. The trading platform is convenient and I quickly mastered it. Everything is simple and clear and I can easily manage my traders, use indicators, and test strategies.
I can gladly report that I received my withdrawal from Teletrade. Waiting time was 7 working days almost (almost 10 days), which is longer than any of the other brokers I have... but I like to spread the risks over different brokers, and good thing is that they offer a lot of instruments (including crypto/stocks) that other brokers with cent accounts normally don't offer! So I will continue using them!
I started trading a while ago. When I was looking for a broker, I found TeleTrade and was pleasantly surprised by their customer service. They have excellent training and a strong analytical department. I constantly visit the website, read news and articles. This helps me to familiarize myself with the marketing and feel confident.
I have never been interested in finance or, to put it correct, to work in this area. I loved money though! and my love grew along with the growing needs of mine. Then I realized that I needed to change something. I wanted my own business, but there were circumstances that got in the way. I decided to try forex. I knew there were brokers with small minimum deposits and I had a chance to try it.
It so happened that I started to study forex on the website of the broker TeleTrade. Everything is very well done there and I decided to open a demo account there. I liked everything. I was very excited!
When I started trading real money .... honestly .... I was terribly afraid :(
I thought that I could not cope with emotions and could lose everything. But everything was fine. TeleTrade offers many trading assets and on a demo account I chose several currency pairs that I felt well .. and of course I learned how to use indicators.
I want to tell all traders that technical analysis is cool!
At first I was afraid of forex. I always understood that this business could be very profitable, but for a long time I did not dare to trade even on a demo account, because I read reviews of how people lost their money. Therefore, I thought that everything was complicated and dangerous there. That is why I am grateful to the Teletrade consultant for convincing me to just come to the courses, and then decide for myself whether Forex is right for me or not. It was three years ago. Forex came up. And everything turned out to be not scary. In Teletrade, it is exactly so. On the contrary, it was fun to study. Even in practice, although the first days did not work out very well. It's good that the teacher was sensitive and attentive. With everyone he analyzed all the situations, showed mistakes, explained how to fix them and prevent them in the future. So at the end of the course, I was ready to face forex trading.
Trading currencies and commodities is not my primary income. But I’m interested in the global financial markets, and this activity helps me hold the hand on the market pulse. TeleTrade is present in the European market, which is important for me to trust the company.
I have learned a lot about trading thanks to the support from the broker:
technical analysis, support and resistance levels, reversal points, interactions of different indicators with variable assets;
fundamental analysis, understanding of the influence from the news and important events;
risk management;
emotional impact of trading.
TeleTrade allows its clients to follow profitable traders automatically. The platform is simple to use for selecting a trading strategy based on the previous performance with many indicators of effectiveness, and in-depth statistics.
Not long ago, I didn't know how to start trading but spend as little as possible. I was interested in trying trading, but I didn't want to lose my money. And then I heard about the Cent account at TeleTrade. I didn't know that the broker had something like that.
So you can start trading here with a small deposit. This is relevant if you are tired of practicing on a demo account and getting nothing in return.
P.S. For those who don't know, the Cent account is a trading account where the balance is displayed in cents, not dollars. And trades are also made in cents. For example, if you deposit $20 into your TeleTrade account, the terminal will display a balance of 2,000 cents.

Reply from TeleTrade
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