Teletrade is NOT a scam
This broker is regulated by CYSEC and FCA.
You are located in United States. Which is covered by the regulatory body above.
Trade With A Regulated Broker
Trading Forex and CFDs on margin carries a high level of risk and may not be suitable for all investors. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.55% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Prior to trading, you should take into consideration your level of experience and financial situation.
Teletrade, is a Electronic Communication Network (ECN) broker.
The broker has Multi Language Phone Support, Multi Language Live Chat and Multi Language Email Support customer support. If you think you have been treated unfairly please use one of these customer services methods to reach Teletrade and explain your issue fully.
Please note, Teletrade also have a number of additional charges that apply to different trades or activity on the platform Please check their website carefully before trading with this broker to make sure you fully understand the charges that may be levied on your account. Some brokers will charge overnight holding amounts and inactivity charges which can reduce your investment.
Return to Scam CheckTrade With A Regulated Broker
Trading Forex and CFDs on margin carries a high level of risk and may not be suitable for all investors. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.55% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Prior to trading, you should take into consideration your level of experience and financial situation.