Tele Trade Forex Broker
| Name of the Company | Tele Trade D.J |
|---|---|
| Established in | 1994 |
| Online since | 2001 |
| International Offices in | Armenia, Azerbaijan, Belarus, Bulgaria, Czech Republic, Hong Kong, Hungary, Italy, Kazakhstan, Latvia, Lithuania, Moldova, Republic of Poland, Romania, Russian Federation, Serbia, Turkey, Ukraine, United Kingdom, Uzbekistan |
| Payment Methods | ChronoPay, Credit/debit cards, Moneybookers, WebMoney, Wire transfer |
| Demo Accounts and Platforms | Meta Trader 4 and Meta Trader 5 |
| Account currencies | United States Dollar |
| Different Currency pairs | AUD/CAD AUD/CHF AUD/DKK
AUD/JPY AUD/NOK AUD/NZD AUD/SEK AUD/SGD AUD/USD CAD/CHF CAD/JPY CHF/JPY CHF/SGD EUR/AUD EUR/CAD EUR/CHF EUR/GBP EUR/JPY EUR/NOK EUR/NZD EUR/PLN EUR/SEK EUR/SGD EUR/USD GBP/CHF GBP/DKK GBP/JPY GBP/NOK GBP/SEK GBP/SGD GBP/USD NZD/JPY NZD/SGD NZD/USD SGD/JPY USD/CAD USD/CHF USD/DKK USD/JPY USD/NOK USD/PLN USD/SEK USD/SGD USD/ZAR |
| Regulated and Registered by | CRFIN (Russia), KROUFR |
| Are US Traders Allowed? | No |
| Bonus? (detailed) | |
| Languages in which website is available? | Armenian, Azerbaijani, Bulgarian, Byelorussian, Chinese, Czech, English, German, Greek, Hungarian, Italian, Latvian/Lettish, Lithuanian, Polish, Portuguese, Romanian, Russian, Serbian, Spanish, Turkish, Ukrainian |
| Languages in which Support is available? | Armenian, Azerbaijani, Bulgarian, Byelorussian, Chinese, Czech, English, German, Greek, Hungarian, Italian, Latvian/Lettish, Lithuanian, Polish, Portuguese, Romanian, Russian, Serbian, Spanish, Turkish, Ukrainian |
| Different Support methods | Email, Office, Phone, Web Form |
| Types of Account (micro standard executive islamic) | Standard |
| Minimum account size | $2,000 |
| Minimum position size | 0.1 lot |
| Type of Spread | Fixed |
| Minimum spread on EUR/USD, pips | 3 |
| Is use of Expert advisors allowed? | Allowed |
| Types of Trading instruments (GOLD; CFD, etc. and the leverage) | Forex – 1:200, Gold & silver- 1:100, CFD – 1:100, Oil- 1:100, Stocks- 1:100, Indexes – 1:100 |
| Real Trading platforms | Meta Trader 4 |
| Digits after the dot in quotes | 4 |
| Total Number of currency pairs | 41 |
| · Interest rate on funds | Yes |
| Any Bonus offers? | Yes |
| Any Trading contests? | Yes |
| Is Free education available? | Yes |
| Is Trading by telephone allowed? | Yes |
| Do they haveManaged accounts | Yes |
| · Is Hedging allowed? | Yes |
| Facility of Overnight interest rates (swaps) | Yes |
| Do they have Trailing stop? | Yes |
| Do they have Pending orders? | Yes |
| Mobile trading allowed? | Yes |
| Automated trading present? | Yes |
Tele Trade D.J is a forex broker which is a veteran in the forex market and was established in the year 1994 but started their online trading service only in the year 2001. Being old company in the forex market they have offices in several countries and are well regulated by CRFIN and KROUFR in Russia, financial regulating authorities in the country. They offer a host of services to their client which includes bonus offers, trading contests, free education, trading by telephone, managed accounts, trailing stops and pending orders. The payment options include ChronoPay, credit or debit cards, MoneyBookers, WebMoney and wire transfers which makes the process of deposit and withdrawal of money an easy affair. They allow only United States Dollar as account currencies. Their website and the customer support service are multilingual and are available in 21 languages. This is a very important feature which is loved by many traders who do not know English. The customer support service is excellent and can be reached using email, office, phone and web form. They are very friendly and quick in their response.
The trading platform is the most commonly used trading platform in the forex market that is Meta Trader. For demo account both Meta Trader 4 and Meta Trader 5 is used while for real trading only Meta Trader 4 is used. They allow trading in 41 currency pairs which includes almost all the major pairs. They do not allow traders from United States to trade from their account. They only have standard type of account for their clients and the minimum deposit required to open an account with them is $2000 with minimum trade size of 0.1 lots. The use of Expert Advisor is allowed and they allow trading in CFD, OIL, Stocks, Indexes, Gold and Silver along with forex and at a leverage of 1:100.
If you looking out for some companies and zeroed out any of them, then do not forget to read their reviews posted online by its users. The reviews for Tele Trade Forex are quite good and most of them are positive. The most interesting feature of the company is that its website and customer care service is available in 21 languages and is loved by many traders. Their customer care service is very good and is known for its quick response and friendly behavior and can be reached via email, phone, office and web form. It being regulated by two regulating authorities in Russia is also liked by many clients as it increases their reliability. Most of them have mentioned that 41 currency pairs to trade in which includes all the major pairs as the most liked feature. A few cons is the absence of live chat as one of the means to reach customer care and that the minimum deposit required to open an account with them is as high as $2000. However, most of the reviews are good and the average rating given to the company by its users is 6.1 out of 10.