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The WikiFX Score of this broker is reduced because of too many complaints!

TeleTrade

Russia|5-10 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://www.teletrade.ru

Website

Rating Index

Influence

Influence

C

Influence index NO.1

Belarus 2.91

Surpassed 84.41% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

8-495-419-00-15
info@teletrade-group.ru
https://www.teletrade.ru
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

Russian

8-495-419-00-15

Broker Information

More

Company Name

Teletrade Group LLC

Company Abbreviation

TeleTrade

Platform registered country and region

Russia

Company website

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 2
Previous Detection : 2024-03-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 15 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

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    TeleTrade · Company Summary

    Due to the temporary inaccessibility of TeleTrades website (https://www.teletrade.ru/), we could only piece together a rudimentary picture of it as a forex broker by obtaining pertinent information from other websites.

    General Information

    Registered in Russia, TeleTrade presents itself as a forex broker offering its clients a series of trading instruments, such as Forex, Commodities, Stocks and more. Having been in business for barely 2 to 5 years, TeleTrade could hardly be called an old and venerable brokerage. Since we were unable to access the official TeleTrade website, we were only able to get limited information.

    TeleTrade

    As far as we can tell, TeleTrade is not governed by any regulatory authorities, thus that bit of data is settled. As a result, its regulatory status on WikiFX is classified as “No License” and it only manages a score of 1.42 out of 10 overall. Don't be oblivious to the potential danger.

    For more detailed customer reviews, please visit the WikiFX website.

    WikiFX

    Negative Reviews

    There are many complaints online about TeleTrade, therefore potential clients would be wise to stay away from this forex broker. Many investors have complained about this broker, most of them having trouble making withdrawals.

    As is typical of forex scammers, TeleTrade denied their withdrawal and closed their trading account.

    Negative

    Customer Support

    With TeleTrade, phone and email support are available. If you have any inquiries or trading-related issues, you can get in touch with this brokerage firm through the following details:

    Telephone: info@teletrade-group.ru

    Email: info@teletrade-group.ru

    Risk Warning

    There is a considerable degree of risk involved with online trading of leveraged Forex and CFD instruments, and as a result, it may not be appropriate for all investors.

    Please keep in mind that the data presented in this article is meant to serve as a guideline only.

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