I like the TeleTrade synchronous trading. This is what helps me to diversify my risks. I also trade and trust signals from experienced traders. I think that this is a revolution in trading and I have been looking for a long time a broker who would provide such a thing. In fact, I started here just watching tutorial videos .. read a lot of useful information and .. of course I opened a demo account and started. Three weeks later, I already made a deposit of $ 300 and started trading. When I earned the first hundred dollars, I realized that really what makes money. After I checked the withdrawal of funds to the card, I added another 1000 dollars to the deposit and then serious trading had already begun __))))
I really don’t see anything unique in this brokerage company. Some folks point out to their rewarding system that enables traders to earn $10k by exchanging points given for activity. Perhaps, it’s possible, but it’s clear to me that it requires reaching a relatively high turnover - that’s what high rollers can do. On the other hand, if a broker is not unique it doesn’t mean that it’s bad. Teletrade has proven itself as a reliable broker with more than 20 years of experience in the industry. That would be enough for any conservative trader to join the broker.
I had to try several brokers until I found the right conditions to trade. In TeleTrade, I like that there are no restrictions on the minimum deposit size. So here, I have complete freedom.
How should I start to copy trades?
Find the appropriate section on the platform, select the appropriate traders from the rankings and it will start working. Be aware of the risks. Remember that you are using real money. By the way, the company allows you to set a suitable level of stop loss in this case...
I'm glad that my first broker was TeleTrade. I started trading here very cautiously, and the great merit in not losing money is the company's trading conditions. For example, having a Cent account and no minimum deposit. Thanks to these opportunities, I'm learning trading step by step. And I do it without the crunchy losses that someone occasionally writes about on forums. That was my biggest fear of making a mistake and losing a large sum of money on trading. Now I know this will not happen as long as I carefully pursue my goal in TeleTrade.
I’ve been trading for six years and most of this period I trade with Teletrade. I was lucky to find such a reputable partner but it could be an opposite outcome. For example, a friend of mine has been a victim of scam brokers several times. Fortunately, I have never victimized by scams. After two years of trading with another broker I joined Teletrade. As a rule, I hesitate a lot when choosing a new broker but this one somehow gained my trust from the very beginning. So, I was acting on my gut feeling - I just stuck with the first broker in search results and it was Teletrade. My spontaneous acquaintance with the broker didn’t result in a bitter disappointment. When signing up with the company, I didn’t know a lot about the company. I learned many things about it later. Fortunately, nothing bad happened and the broker met my expectations. I trade on an ECN account using MT5. I don’t copy trades although this broker’s service is very popular. I like to trade manually because it gives me a thrill and further professional growth.
It’s a very interesting brokerage service. At first sight, that’s a typical broker that comes up with a standard combination of fixed and ecn accounts and Metatrader 4 and Metatrader 5 as major trading platforms. As for its actively promoted sync trading feature, it’s not unique because today many brokers offer their clients to copy the trades of the most successful traders. What makes this broker special is its rewarding system. The broker strives to encourage traders to stay with the company as soon as possible. Anybody who joins the broker gets so-called points that can be exchanged for real money. The broker gives points even for such routine things as registration and depositing funds. The maximum amount that can be gained by exchanging points accounts for $10,000. Of course, one needs to demonstrate tremendous activity and stay with the broker for a long time to count on that jack-pot. Nevertheless, it’s a good motivation to stay with this broker.
Are there any innovations that have recently appeared in TeleTrade for clients?
New bonus conditions. Cashback. Educational courses. This broker surprises every year with something unusual.
I cannot assess the quality of the trading conditions at TeleTrade. I practically do not use anything other than Synchronous Trading. I once selected a Trader from the list, connected my Investor account to him, and now his trades are simply copied into my account. It happens automatically, without my engagement. I like this approach. Especially the moment that in the list, Traders mostly use automatic systems for trading. This also has a positive effect on income from trading. As for the rest, I haven't even looked at the site. I don't have time to trade. That is why I'm writing this review for those who want a passive income from the market.
I guess I should try this too. The very idea of getting a passive income attracts me. By the way, I also trade with Teletrade, but I do this manually. In this regard, the broker absolutely suits me.
I've known the company for a long time, it's quite famous. But I started trading with TeleTrade 6 months ago. I've connected Synchro-trading, and I'm satisfied. The trades are copying automatically.