Independent rating of Forex broker TeleTRADE D.J.

There were many re-quotes that led my trades into risk. Moreover, Their Customer Support was not active to support me. And they did not offer regularly support and inform their updated server. When you're in a trade the spreads can get extremely wide. Save your money, find a better broker. This is the worst broker I have ever dealt with, and I have dealt with a lot of brokers. They are just plain scammers. No wonder they change their name every year, to avoid lawsuits. A big fraud company and the moment you earn big profits it will some how block your account when making a withdrawal request.

My trading experience wasn't good and I had closed my account due to the big losses. I don't feel comfortable in my order execution on quick platform. I had noticed their price chart are different from current market and SL didn't work.The broker is manipulating the prices during news feed and volatility times, you can't make a big profit. I had made a deposit of $1500 lost from my deposit till now almost $800. I requested to withdraw my money and for the past week I still wait the approval, because they don't answer to emails or calls. I am currently thinking to quit soonest possible and looking for a better forex broker.

I had no problem opening an account at TeleTRADE and depositing my money. This went smoothly and quickly. However, when I tried to withdraw the profits, the broker required a lot of documents and even tried to stop me from withdrawing the money.

They are unprofessional broker that have very bad trading platform system. I didn't get my money back through some big news release. The trading platform is really bad, I was unable to set stop loss and limits because the trading platform that error and just kept saying "busy server". They also disable the execution during those high volatility. Everything is slow in processing the transaction, execution, and their support also slow in respond my email. Trading platform is not stable to use which hard to handle it.

It will be for the best if you just stay away from TeleTrade. This broker may look like they offer amazing trading conditions but once you are with them, you will see that they have high fees, unstable platform, and delayed charts.

It will be better to stay away from TeleTrade. This company is not regulated and this should not be ignored. It is important that the company we invest in is regulated for the security of our funds. Also, I inquired to them and they were very rude when I was simply asking questions about their services.

Spreads seems to be tight but they are not. Trading platform tends to freeze all the time and there are constant requotes. I hate with this broker. I had to close my account and lost all the money that I gave. I think this broker it's only for professional, not newbies. Their systems were not professional with very high spread and delayed server in placing order time and traffic time. I don't see reasons to trading with them.

Honestly, I do not think that TeleTRADE DJ is a worthy broker to invest in. I appreciate that their customer support representatives are really responsive and nice but what I need is a stable platform to make my trades. Unfortunately, they could not deliver that. I have made a few reports on technical issues already but they are never fully resolved.

So far I’ve seen requotes, slow execution and very high spreads around important news. I wouldn’t recommend them. Not suitable for beginners or professionals. Or in short, don't ever join this broker. Performance is very slow and irregular. I faced many technical problem on the platform. Another issue is that the maintain floating spreads and sometimes I found the more than 15-20 pips spreads. Joined for 1 month, but already lost thousands of dollars. I left this broker.