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TeleTrade-dj Forex Broker Review
About TeleTrade-dj Forex Broker
TeleTrade-dj is an unregulated forex broker that is based in Russia. Their minimum account opening requirement is $2,000, a big amount for most starters. They have been online since 2001, although the company itself was established in 1994, and have particularly high spreads of 5 pips.
The management of TeleTrade-dj is not very active, and it really shows on their website. As an online forex brokerage, it might have been better if they paid a little more attention to how their webpage presents their company.
Also, TeleTrade-dj.com does not have instant online support, although they do have an email form, something that really makes customers wary. The company boasts of having international offices in Germany, Czech Republic, Romania, Bulgaria, Latvia, Lithuania, Serbia, China, Turkey, Kazakhstan, Belarus, Moldova, Azerbaijan, Uzbekistan and Kyrgyzstan.
Basic Broker Details
| Site | http://teletrade-dj.com |
| Country of Origin | Russia |
| Accepted Deposit Modes | Bank transfer |
| Withdrawal Method | Bank transfer |
| Leverage | 1:100 and 1:200 |
| Regulation Body | Not regulated |
| Spread | 5 pips (EUR or USD) |
| Minimum Account Requirement | $2,000 |
Pros of Teletrade-dj Forex Broker
* MetaTrader 4 support
* Training materials are available
Cons of Teletrade-dj Forex Broker
* High minimum account requirement
* High spreads (5 pips)
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