Is TeleTrade a Safe Investment? A Complete TeleTrade Review 2024
Choosing a brokerage or trading platform is an important choice, particularly with the rise in fraudulent activity including online and forex scams, cryptocurrency scams, investment scams, and romance scams. Our main objective is to protect your interests by offering you information that enables you to avoid any dangers. This comprehensive TeleTrade review gives you the information you need to make wise decisions in the ever-changing financial market.TeleTrade Broker Overview
Website: https://teletradepartners.com/Website Availability: YesOfficial Address: Saint Vincent and the GrenadinesRegulation Status: UnregulatedBlacklisted By: National Securities and Stock Market Commission (Ukraine)Domain Status:Domain Name: TELETRADEPARTNERS.COM
Registry Domain ID: 2360398152_DOMAIN_COM-VRSN
Registrar WHOIS Server: whois.101domain.com
Registrar URL: http://101domain.com
Updated Date: 2023-12-15T08:05:22Z
Creation Date: 2019-02-13T13:11:49Z
Registry Expiry Date: 2025-02-13T13:11:49Z
Warning from Ukrainian Regulatory Authority
Teletrade, a prominent online broker, has recently been cautioned by the National Securities and Stock Market Commission of Ukraine. Despite its extensive range of offerings, which include diverse investment products and financial instruments, the company faces scrutiny for several key issues.Concerns Raised
The warning stems from various shortcomings identified within Teletrade’s operations. Of particular concern are the high commissions levied on forex trading, potentially disadvantaging clients and impeding fair market participation. Additionally, Teletrade lacks a license for financial activity, raising questions about its regulatory compliance and commitment to client protection. Moreover, the limited options available for deposit and withdrawal methods, coupled with a restricted number of base currencies, may inconvenience clients and limit their flexibility in managing their accounts. These concerns underscore the importance of regulatory oversight in maintaining transparency and integrity within the financial services industry, urging Teletrade to address these issues promptly to uphold trust and confidence among its clientele.Victim of TeleTrade scam? Contact Scams Report Team:
If you suspect encountering a fraudulent broker like TeleTrade, Scams Report is here to assist in fund recovery.- Fund recovery: Our team of experts will work tirelessly to help you recover your lost funds. We have a proven track record of success in this area and will do everything we can to get your money back.
- Free consultation: We understand that every situation is unique, and that’s why we offer a free consultation to all of our clients. Our team will listen to your story and provide personalized advice on the best action.
- Complaints: If you have a complaint about a scam broker, we are here to listen. We will take your complaint seriously and work to get to the bottom of the issue.
