Exness vs TeleTrade - Fees Review included
Which broker is better Exness or TeleTrade? Our expert assessment conducted according to TU’s own methodology showed that Exness is one of the top brokers in the financial market with the TU Overall Score of 8.7 out of 10. TeleTrade is one of the top brokers in the financial market with the TU Overall Score of 8.6 out of 10. Find out more about TU Overall Score.
| Feature | Exness | TeleTrade |
|---|---|---|
Overall |
4.7 |
4.3 |
4.8 |
4.4 |
|
4.8 |
4.6 |
|
3.9 |
4.0 |
|
Investment Instruments |
4.1 |
4.5 |
Platforms and Charting Tools |
4.2 |
4.5 |
Deposit and Withdrawal |
4.6 |
4.2 |
Research |
4.7 |
4.5 |
Education |
4.8 |
4.0 |
Support |
4.5 |
4.6 |
Bonuses |
3.1 |
44655 |
|
|
|
Exness vs TeleTrade: Pros and Cons
Exness Trading Company has been working in the Forex market since 2008. The broker’s activity is managed by Nymstar Limited, a company registered in the Republic of Seychelles. The service is regulated by licenses of CySEC (Cyprus Securities Commission), FCA (Office of Financial Regulation and Supervision of Great Britain) and FSA (Office of Financial Regulation and Supervision of the Republic of Seychelles). The broker holds the leading position in Forex ratings. The company’s monthly trading turnover totals $325.8 billion USD. The broker currently has CFDs available for cryptocurrency, stocks, more than 120 currency pairs, energy and metals. Exness’s service provides favorable working conditions for traders: low commission, instant execution of orders and withdrawal of funds. An infinite leverage makes it possible to earn on small deposits up to $999. There are several options for opening an account depending on the traders’ needs. A demo account is available - a training account that is useful for both beginner level traders and professional traders.
“TeleTrade” broker was established in 1994. Today, this company provides its customers with a possibility to trade on the financial market. Traders are able to work with currency pairs, futures and contracts for difference. “TeleTrade” broker is a member and one of the initiators of the self-regulatory organization called NAFD.
| Exness | TeleTrade | |
|---|---|---|
| Overall Pros | Trading With Leverage up to 1:2000 | Reliable regulation |
| Big choice of ECN/STP accounts | Low fees | |
| Low trading and non trading fees | Passive investment tools available | |
| Free VPS hosting | Good selection of analytics tools | |
| Quotes history | ||
| Overall Cons | Not a big choice of trading assets | Limited choice of assets for trading |
| No forex bonuses | Low probability of replenishment of the savings | |
| No bonuses for traders |
Exness vs TeleTrade: Safety and Regulation
| Exness | TeleTrade | |
|---|---|---|
Max. Regulation Level |
Tier-1 |
Tier-1 |
Investor protection |
€20,000 £85,000 |
No |
FCA UK Regulation |
Yes |
No |
FINRA (U.S) |
No |
No |
BaFin (Germany) |
No |
No |
ASIC (Australia) |
No |
No |
CFTC (U.S) |
No |
No |
MAS |
No |
No |
FSCA SA |
Yes |
No |
BVI FSC |
Yes |
No |
VFSC |
No |
No |
FSA (Seychelles) |
Yes |
No |
Exness vs TeleTrade: Trading Conditions
| Trading Conditions | Exness | TeleTrade |
|---|---|---|
Minimum Deposit |
$1 |
$1 |
Trading Platforms |
MT4, MT5, MultiTerminal |
MT4, MT5 |
Max Leverage (Futures) |
1-2000 |
1-500 |
Supported Markets |
Currencies, assets of stock and commodity markets, cryptocurrencies |
Forex, CFD on metals, energies, indices, stocks, crypto |
Trading assets |
100+ |
200+ |
Trading Accounts |
Standard, Standard Cent, Standart Plus, Raw Spread, Zero, Pro |
MetaTrader 5 - ECN, MetaTrader 4 - NDD, MetaTrader - CENT, Demo Account |
Base Account Currencies |
USD |
USD, EUR |
Exness vs TeleTrade: Fees
| Exness | TeleTrade | |
|---|---|---|
Standard acc. spread EUR/USD, min pips |
0,6 |
0,8 |
Standard acc. spread EUR/USD, max pips |
1,5 |
1,4 |
ECN Commission |
3 |
3,5 |
ECN Spread EUR/USD |
0,1 |
0,2 |
Deposit fee, % |
No |
No |
Withdrawal fee, % |
No |
No |
Withdrawal fee, USD |
No |
No |
Inactivity fee, $ |
No |
No |
A conversion fee may be applied as withdrawals and deposits are conducted in USD. Any other currency will have to be converted.
Exness vs TeleTrade: Trading Assets
| Asset Name | Exness | TeleTrade |
|---|---|---|
Overall |
100+ trading assets |
200+ |
Forex |
Yes |
Yes |
Stocks |
Yes (CFD) |
Yes (CFD) |
Metals |
Yes (CFD) |
Yes (CFD) |
Cryptocurrencies |
Yes (CFD) |
Yes (CFD) |
Energy |
Yes (CFD) |
Yes (CFD) |
Indices |
Yes (CFD) |
Yes (CFD) |
ETFs |
No |
No |
Bonds |
No |
No |
Mutual funds |
No |
No |
Stock options |
No |
No |
Futures Trading |
No |
No |
Binary Options |
No |
No |
Exness or TeleTrade: Investment Programs
| Asset Name | Exness | TeleTrade |
|---|---|---|
Copy Trading |
Yes |
Yes |
MAM/PAMM |
No |
No |
Managed Accounts |
No |
Yes |
Other |
No |
No |
Trading Platforms: TeleTrade or Exness
| Exness | TeleTrade | |
|---|---|---|
MT4 |
Yes |
Yes |
MT5 |
Yes |
Yes |
cTrader |
No |
No |
Appropriate platform |
Exness terminal |
No |
Others |
No |
No |
|
|
|
Exness vs TeleTrade: Deposit and Withdrawal Methods
| Exness | TeleTrade | |
|---|---|---|
Bank Wire |
Yes |
Yes |
Bank Card |
Yes |
Yes |
Neteller |
Yes |
Yes |
BTC |
Yes |
Yes |
Wise |
No |
No |
Payoneer |
No |
No |
USDT |
Yes |
Yes |
Exness vs TeleTrade: Research
| Research Type | Exness | TeleTrade |
|---|---|---|
News Feed |
Yes |
Yes |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
No |
E-Mail Reports |
Yes |
No |
Exness vs TeleTrade: Education
| Education Type | Exness | TeleTrade |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Webinars |
Yes |
No |
Articles |
Yes |
Yes |
Videos |
Yes |
No |
Cent account |
Yes |
Yes |
TeleTrade vs Exness: Support
| Support Features | Exness | TeleTrade |
|---|---|---|
Working Days |
24/5 |
24/5 |
Yes |
Yes |
|
Phone |
Yes |
Yes |
Online chat |
Yes |
Yes |
Other |
No |
No |
Exness vs TeleTrade: Forex Bonuses and Promo
| Promo | Exness | TeleTrade |
|---|---|---|
Forex Bonus |
Not offered |
100% welcome bonus |
Affiliate Program |
40% of trading commissions |
For each invited client, a trader can receive $20 if the trader is active (fulfills the broker's requirements for the largest amount) - $500. |
Other Promos |
No |
|
|
|
|
Top 5 Reviews on TeleTrade
-
Comment
TeleTrade is a broker well-suited for both beginners and experienced traders. The minimum deposit is $10, and lot sizes start from 0.01, so you can start trading with small amounts. I’ve never had any delays with withdrawals — I withdrew $150 via Skrill, and the money arrived within a few hours. The spread on major currencies is around 0.2 pips, and commissions are minimal. Support is truly available 24/7 and provides professional guidance. For market analysis, I use technical tools and news updates, all accessible directly on the broker’s website. The variety of account types — CENT, ECN, NDD, and Demo — makes it easy to choose the best fit for your trading style.
-
Comment
I’ve been trading with TeleTrade for over six months and appreciate the wide selection of trading instruments: more than 100 CFDs on stocks, indices, metals, energy assets, and cryptocurrencies. Unlike some competitors, TeleTrade offers tight spreads — for popular instruments, they really start from 0.2 pips. Deposits and withdrawals are available via Visa/MasterCard, Neteller, Skrill, and bank transfer. I also like that TeleTrade supports mobile trading and works with both MT4 and MT5 platforms, so I can monitor my trades on the go. I’ve had no security issues — the broker is regulated by the SVG FSA and provides negative balance protection. Weekly webinars and an economic calendar are also available.
-
Comment
What attracted me to TeleTrade is that the company has been operating since 1994 — that’s over 31 years in the market. The broker has served nearly 10,000 clients in just the last three months, which inspires confidence. They offer both ECN and NDD accounts, market execution, and a minimum lot size of 0.01. For those seeking passive income, TeleTrade supports social trading and provides quality analytics, including an event calendar and trading signals. A nice bonus is the affiliate program and loyalty program for regular traders. A major advantage for me is their partnership with a well-known liquidity provider — Thomas Reuters.
-
Comment
I chose TeleTrade because of the low $10 minimum deposit and immediately appreciated the wide selection of trading instruments — you can trade currency pairs, metals, indices, stocks, and cryptocurrencies. The spread on EUR/USD starts from 0.2 pips, which is favorable for scalping. Leverage up to 1:500 allows for flexible risk management. Within three months, my trading volume exceeded $5,000, and the withdrawal to a MasterCard took about a day, with no hidden fees from the broker. The MetaTrader 4 and 5 platforms run smoothly, and the analytics section with news and forecasts is genuinely helpful for decision-making. For beginners, there’s a demo account and an educational section. Throughout my time with TeleTrade, tech support has been responsive — even at night, which is crucial for a 24/7 market.
-
Comment
I chose TeleTrade because of the low minimum deposit of just $10 and was immediately impressed by the variety of trading instruments — you can trade currency pairs, metals, indices, stocks, and cryptocurrencies. The EUR/USD spread starts from 0.2 pips, which is great for scalping. Leverage up to 1:500 offers flexibility in managing risk. Over three months, my trading volume exceeded $5,000, and withdrawing funds to my MasterCard took about a day, with no hidden fees from the broker. Both MetaTrader 4 and 5 platforms run smoothly, and the analytics section with news and forecasts genuinely supports decision-making. For beginners, there’s a demo account and educational content. Throughout my time with TeleTrade, technical support has been responsive — even at night, which is essential in a 24-hour market.
Top 5 Reviews on Exness
-
Comment
Exness offers a user-friendly account dashboard and fast registration. It supports cards, transfers, Tether, WebMoney, Skrill, and more. Account currencies include USD, EUR, INR, ZAR, and others. I liked that you can open accounts and test the terminal in demo mode before switching to live trading. However, it's worth noting that the educational materials are available only in English, which may not be convenient for everyone.
-
Comment
Among brokers, Exness stands out for its wide selection of account types: Standard, Cent, Pro, Zero, and Raw Spread. The spread on Standard Plus starts from 1 pip, while on Pro it starts from 0.1. The client area includes a built-in calculator for commissions and margin, making it easy to estimate trade size. Negative balance protection is available, though PAMM accounts are not supported. VPS hosting is offered only with a minimum deposit of $500 and 14 days of trading activity.
-
Comment
The broker Exness offers leverage up to 1:2000, but in actual trading it's limited to 1:500 for volumes up to 5 lots, or 1:200 for 500+ lots. This system is more tailored for professionals. Withdrawals are indeed fast — funds reach your card or wallet within 1–2 minutes.
-
Comment
I tested copy trading through the Exness Social Trading platform. The setup was quick, and you can use it via browser or mobile app. A minimum deposit of $500 gives access to strategies with a subscription. Returns can reach 30–35% per month, but this depends on the specific trader. I liked that you can choose the time period and risk level. The subscription can be canceled at any time without penalties.
-
Comment
best trading platform and it has the best technical team
FAQs
What should I start Forex trading with?
It is desirable for novice traders to explore trading using a demo account to learn the market and how to work on the trading platform without the risk of suffering losses. At the same time, it is advisable to review the educational materials of the broker, learn trading basics. Then you can deposit the minimum required amount to perform a small number of transactions. If you manage to close several months in a row in the black, without substantial drawdowns on the account, then you can try increasing your deposit. Also trying to copy trades automatically is a good option for a start.
What amount should I start trading with?
The minimum deposit of $10 may be enough to trade on the cent account. However, for trading on Standard/ECT accounts, experts recommend starting with at least $200-500. With this amount, you can use not a very big leverage. Remember, getting carried away with the margin is the main cause of losses among beginners.
What should I take into consideration when choosing a broker?
Experts recommend looking at the broker’s reliability first and foremost. The other important features include basic trading conditions, commissions and fees, customer reviews. If brokers are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One broker may be good for professionals and another – for novice traders.
Is it possible to be scammed by a broker with a license from a reputable regulator?
In theory, yes. But in practice, it takes so much time and money to comply with the requirements of reputable regulators that it is not worth it for scammers to bother obtaining a legitimate license.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.