Depending on the size of your deposit, your account may be assigned to one of three VIP statuses. If you have several accounts, the total amount of funds in all these accounts will be taken into consideration.
Please read our VIP Services Terms & Conditions
During the billing month, TeleTrade refunds part of the expenditures for closed transactions to its clients. The refund amount will depend on client’s VIP-status and will be calculated on the basis of the spread amount upon a position closing and the commission, which a client pays for execution of his transactions. The maximum amount of the refund cannot exceed $10 per lot. The refund will be transferred to the client’s account at the beginning of each month prior to the 5th date of the month, following the billing month.
Repayment conditions:
Example of pay-back calculation for a closed position:
So, at the beginning of the next month, the client will get 13% refund from the sum of $140, which will reflect the discount of $18.5 on the Client's transaction fees.
TeleTrade compensates its VIP clients for 20% of accumulated negative rollover for the transactions closed within the previous month. The reimbursement amount is credited to client's trading account at the beginning of every month but not later than on the 5th of the month following after the accounting month.
Reimbursement Payment Conditions:
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. 69.66% 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.
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This website is operated by Teletrade-DJ International Consulting Ltd, which 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. Teletrade-DJ International Consulting Ltd is located at 88, Arch. Makarios Avenue, 2nd floor, Nicosia Cyprus.
The company operates in accordance with the Markets in Financial Instruments Directive (MiFID).
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Teletrade-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.