One of our primary concerns is the security of our clients’ funds. We are constantly striving to ensure that our clients’ funds are secured, by depositing their money in segregated accounts with leading international banks and providing a risk management system with negative balance protection.
In order to ensure the safety of our clients’ funds, we adhere to the following principles:
All client’s funds deposited at TeleTrade are completely segregated from the company’s own funds and are kept in separate accounts in reputable European banking institutions. We carry out our business operations to the highest achievable standards.
|Institution||Currency||Method of Payment||Country of Registration||Supervisory Authority|
|Hellenic Bank||USD, EUR||Bank Transfer||Cyprus||Central Bank of Cyprus|
|Eurobank Ergasias SA||USD, EUR||Bank Transfer||Greece||The Bank of Greece|
|RPN||USD, EUR||Card payment||Malta||Malta Financial Services Authority|
|АS LPB Bank||USD, EUR||Card payment||Latvia||Central Bank of Latvia: Latvijas Banka|
|NETELLER||USD, EUR||Electronic wallet||UK||FCA|
|Skrill||USD, EUR||Electronic wallet||UK||FCA|
|Safecharge LTD||USD, EUR||Card Payments||Cyprus||Central Bank of Cyprus|
TeleTrade uses advanced monitoring and risk management. This system monitors the client balance, aiming to protect it against losses higher than the initial investment. According to the ESMA regulations we are required to apply negative balance protection on a per-account basis
TeleTrade, in compliance with Law 87(I)/2017, is a member of the Investor Compensation Fund (ICF), which means that our clients may be eligible to receive compensation for any claims made due to the inability or failure of the member of the Fund to fulfill its financial obligations. Securing claims is dependent on several factors. You can check eligibility terms in our Investor Compensation Fund legal document.
TeleTrade is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC) and adheres to all EU regulatory standards. We diligently submit all financial reports to CySEC and operate in accordance with the strictest standards, including maintaining sufficient capital adequacy.
Risk Warning: 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. 75.42% 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 strives to provide you with all the necessary information and protective measures, but, if the risks seem still unclear to you, please seek independent advice.
© 2011-2021 Teletrade-DJ International Consulting Ltd
Teletrade-DJ International Consulting Ltd is registered as a Cyprus Investment Firm (CIF) under registration number HE272810 and is licensed by the Cyprus Securities and Exchange Commission (CySEC) under license number 158/11.
The company operates in accordance with Markets in Financial Instruments Directive (MiFID).
The content on this website is for information purposes only. All the services and information provided have been obtained from sources deemed to be reliable. Telerade-DJ International Consulting Ltd ("TeleTrade") and/or any third-party information providers provide the services and information without warranty of any kind. By using this information and services you agree that under no circumstances shall TeleTrade have any liability to any person or entity for any loss or damage in whole or part caused by reliance on such information and services.
TeleTrade cooperates exclusively with regulated financial institutions for the safekeeping of clients' funds. Please see the entire list of banks and payment service providers entrusted with the handling of clients' funds.
Telerade-DJ International Consulting Ltd currently provides its services on a cross-border basis, within EEA states (except Belgium) under the MiFID passporting regime, and in selected 3rd countries. TeleTrade does not provide its services to residents or nationals of the USA.