TeleTrade does not provide new traders with a Sign Up Bonus also known as a Welcome bonus. When traders make their first deposit, or routine deposits, they are not given a deposit bonus which provides them a percentage back as trading credit.
TeleTrade At a Glance
| Broker's Name | TeleTrade |
| 🏛️ Headquarters | Limassol, Cyprus |
| 📅 Year Founded | 1994 |
| ⚖️ Regulating Authorities | CySEC |
| 🌐 Countries not accepted for trade | United States |
| 📌 Accounts | Standard account NDD Account Sharp ECN account |
| ☪️ Islamic account (swap-free) | Yes |
| 📒 Demo Account | Yes |
| ✴️ Institutional Accounts | Yes |
| 👨🏼💼 Managed Accounts | Yes |
| ⬆️ Maximum Leverage | 1: 500 |
| 👉 Sign Up Bonus | No |
| 💰 Minimum Deposit | $ 100 USD / R 1600 ZAR |
| 💳 Spread | Spread / Variable (From 0.2 Pips) |
| 💳Fees | No Deposit or withdrawal fees |
| 💳 Deposit Options | Credit cards Debit Cards Skrill Neteller UnionPay FasaPay Bank Wire Transfer International Transfer |
| 💳 Withdrawal Options | Credit cards Debit Cards Skrill Neteller UnionPay FasaPay Bank Wire Transfer International Transfer |
| 📊 Platform Types | MetaTrader 4 and MetaTrader 5 |
| 📶 OS Compatibility | PC, Mac, Web, Android, iOS |
| 📈 Tradable assets offered | Forex Metals Indexes Energies Stocks Crypto Commodities |
| 💬 Languages supported on Website | English, Czech, Chinese, Latvian, Lithuanian, Polish and Portuguese |
| 💬 Customer Support Languages | English, Czech, Chinese, Latvian, Lithuanian, Polish and Portuguese |
| ⏲️ Customer Service Hours | 24/5 |
| 🔎 Open an Account | 👉 Click Here |
Min Deposit USD 100 Regulators CySEC Trading Platform MT4, MT5 Crypto Yes Total Pairs 60+ Islamic Account Yes Trading Fees Low Account Activation 24 Hours
Choose your quick section of our TeleTrade below.
TeleTrade Sign Up Bonus – 8 key point quick overview:
TeleTrade At a Glance- TeleTrade Overview
- TeleTrade Referral Bonus
- TeleTrade Additional bonuses, promotions, and rewards
- TeleTrade Customer Reviews
- TeleTrade Pros and Cons
- TeleTrade Conclusion
- Frequently Asked Questions
TeleTrade Overview
TeleTrade does not offer a sign-up bonus.
No welcome bonus, sign-up bonus, or deposit bonus is offered to traders who register a real account with TeleTrade.
These bonus offers are usually an attempt by brokers to draw the new customer to partake in trading activities. When offering a welcome bonus, the traders will receive some money back which will depend on the initial deposit made by the trader.
Even though TeleTrade does not offer bonuses, rewards, or any other promotions, traders should not be discouraged by this. The broker still offers attractive trading conditions.
TeleTrade Referral Bonus
TeleTrade does not currently offer referral bonuses to new or existing traders who make use of the products and services offered by the broker.
This is just another way to attract traders to register with a specific broker. This kind of bonus is usually offered by brokers to traders to draw in new clients and expand their customer base.
A referral bonus comes with strict criteria that will have to be fulfilled before the trader can benefit from referring a friend or family member.
Some of the criteria might include the following:
- The referral bonus is only applicable should referrals register a real account as these bonuses are not available when using a demo account.
- The referral must register a real account with the broker using a referral link so that the registration can be traced back to the trader.
- A minimum deposit amount must be made determined by the broker by the referral and a certain number of trades needs to be executed on the new account.
There might also be a limited time in which referral bonuses may be utilized by traders. This could be due to the broker seeing a decrease in activity in a given month and attempts to counter it by providing such bonuses.
TeleTrade Additional bonuses, promotions, and rewards
There is no indication on the TeleTrade website that it offers any additional bonuses, or promotions or a rewards program offered to its loyal customers.
These bonuses usually serve the purpose of boosting traders to increase their trading activity in addition to trading higher volumes to gain access to bonuses that offer some cashback.
TeleTrade Customer Reviews
TeleTrade offers many trading assets.
I have never been interested in finance or, to put it correctly, working in this area. I loved money though! and my love grew along with my 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.
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, and 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.
It’s not a scam for sure
I always critically approach any broker no matter what reviews tell about it online. I just don’t want to be victimized by a scam. I know that it may happen at any time. So, I prefer to be on the safe side. I would be better overcautious than careless.
Fortunately, the broker didn’t turn out to be another scam. After two months of trading with this broker, it was obvious to me that it was a genuine company. I didn’t see any signs of a cheater here. It makes me want to continue trading with this company. Reliability is the main thing for me. I don’t care about its features. I think they are mostly similar to all brokers.
TeleTrade Pros and Cons
| ✔️ Pros | ❌ Cons |
| Well-regulated | High minimum initial deposit |
| Award-winning broker | Mediocre leverage levels |
| Both MT4 and MT5 offered | No micro trade-able lots |
| Advanced copy trading options | Overall pricing not competitive |
| Part of international group | No referral bonus offered |
| Wide range of financial instruments | No trading bonus for loyal customers |
| NDD environment available | No welcome bonus, deposit bonus, and no other broker bonuses are offered with first time sign up |
| Offers competitive and attractive trading conditions | Clients from the United States not accepted |
| Demo account sign-up fully digital | Fixed spread accounts not offered |
| MetaTrader 4 and MetaTrader 5 offered | |
| The demo account does not expire | |
| Unlimited virtual deposit | |
| Commission-free trading offered on variable spreads | |
| Demo account offered | |
| Islamic Account offered | |
| MetaTrader 4 | |
| MetaTrader 5 | |
| Regulated through CySEC | |
| Segregated client funds used |
TeleTrade Conclusion
Overall, TeleTrade does not provide new traders with a Sign Up Bonus also known as a Welcome bonus. When traders make their first deposit or routine deposits, they are not given a deposit bonus which provides them a percentage back as trading credit.
Bonuses are a way to ensure that a broker attracts new traders by signing up and registering a real account.
TeleTrade does, however, not offer any of these bonuses to either new or loyal customers. Still, the broker is regulated through CySEC and is a reputable broker that offers its services and solutions to traders despite their trading needs, objectives, experience, or trading styles.
Traders still have access to a wide range of markets, competitive trading conditions, and powerful trading platforms.
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Frequently Asked Questions
Does TeleTrade reward customers who sign-up with them?
No. TeleTrade does not reward new customers with a sign-up bonus.
No. TeleTrade does not reward new customers with a sign-up bonus.
Our TeleTrade review reveals that the broker does not currently (2025) provide a referral bonus.
What are the advantages of trading with TeleTrade?
Some of the advantages of trading with Teletrade include their informative educational section and detailed analytical section.
What are the disadvantages of trading with TeleTrade?
Disadvantages include limited withdrawal options, delayed withdrawals, no PAMM accounts, limited tradable instruments, slow technical support response, customer support only available 24/5
Is Teletrade a good option for novice traders?
Yes, Teletrade is considered a good option for first-time traders.
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