How To Make Money On Teletrade: Full Guide

Top ideas how to make money on Teletrade

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If you are looking for a broker that does not fixate on one way of earning money, but offers traders several options at once, then Teletrade is exactly what you need. Below are the best ideas on how to make money with Teletrade.

Forex trading

For Forex trading, the company offers three types of real accounts, along with a demo account for testing strategies and exploring the site's functionality.

• Standard. The main advantage of the tariff plan is the absence of any additional payments. Simply put, you do not pay for account opening and maintenance, nor for profit withdrawal, nor for trading operations.

• NDD. This account is intended for more advanced traders. By opening it, you will get direct access to interbank liquidity. The broker guarantees high speed of order execution, leverage up to 1:500, floating spreads from 0.8 pips, no requotes. Commission for trading operations starts from 0.007%.

• ECN. For trading, the holding offers to use MetaTrader 5 terminal with two new types of pending orders, a built-in economic calendar, 21 available timeframes and 38 technical indicators. The maximum leverage is 1:500 and the spread starts from 0.2 pips. The commission for trading operations is 0.008%.

The entry threshold for working is $10.

Risk-Free investments

Teletrade offers traders the opportunity to invest in Amazon with zero risks. For this purpose, the holding has developed the Invest Start program. Its peculiarity is the following: even if the value of the asset starts to fall sharply and you get a loss on your account instead of profit, the broker will reimburse you 100% of the damage to this stock. That is, in any case you remain in the plus and lose nothing.

To join, you need:

• open a trading account;

• replenish the balance in the amount of 100 USD or more;

• open a transaction in myAlpari in the "Shares" → "Invest Start" section.

Affiliate program

Teletrade affiliate program is considered one of the best on the market. The broker offers several cooperation options at once:

• MLM-Network. Under the terms of this program, each Teletrade agent receives remuneration for all clients who are in its network. You can earn up to 80% of the company's income (spread and commissions) for the development of your structure.

• CPA-Hybrid. The structure of the program is divided into three parts: CPL (payment for a verified client - up to $20), CPA (reward for client activity - up to $500), Rebate (payment of part of the spread and commissions - up to 10% of the amount).

The company provides partners with all necessary promotional materials, banners, unique referral links and daily materials for publications on social networks.

Bonuses

You can trade on the Teletrade platform and earn an additional 24% per annum on every $1,000 of your own funds. All you need to do is actively trade and the bonuses will be credited to your account automatically.

Here are a few additional conditions:

• funds must not be withdrawn from the account during the billing month;

• no interest is charged for the month in which the account was opened;

• the turnover of trading operations for every $1,000 that is on the trading account at the beginning of the month must be at least 4 lots.

There is also a loyalty program on the Teletrade website. The company awards bonus points for creating a personal account (10,000 points), for depositing (25-50% of the deposit) and for making transactions (10% of the spread). Then you can exchange these points for additional funds in your account or for real money.

What is the minimum deposit on Teletrade?

There is an excellent choice of several types of plans with Teletrade minimum deposit starting at $10. If you want to participate in the Invest Start program, you will need to fund your account with $100.

Is it possible to earn $1,000 per month on Teletrade?

It is realistic to earn from 1,000 dollars monthly on Teletrade, but the final amount of profit directly depends on the trader's skill set, qualifications, knowledge and the size of the starting capital. Therefore, it is very important at the initial stage to define realistic financial goals that match your strategy and trading skills.

Here are some ways to make money on Teletrade from $1,000:

• Participate in the affiliate program. Teletrade's affiliate program is called one of the best among its competitors for a reason. The company offers to cooperate either on MLM-Network system, earning up to 80% of the company's income, or on CPA-Hybrid system with an opportunity to receive from 20 to 500 dollars for each attracted client.

• Trade Forex. The broker promises traders extremely flexible conditions, namely: entry threshold from 10 dollars, leverage up to 1:500, spreads from 0.2 pips, instant execution of orders in milliseconds, several terminals to choose from and low commissions for transactions (from 0.007%).

• Get bonuses. Firstly, Teletrade has an attractive loyalty program: you can get bonus points for certain actions (for example, depositing) and then exchange them for real money. Secondly, the company's website describes a bonus program, under the terms of which the broker will automatically credit you with 24% annual interest on every $1,000 of your own funds.

How to choose the best way to make money on Teletrade

Choosing the best way to make money on Teletrade depends directly on your skills, financial goals and risk tolerance. For example, if you are afraid of losing money, you can take advantage of the company's special program - Invest Start, which allows you to invest in Amazon shares with high return potential and zero risks.

Also on the site you can trade currency pairs and contracts for the difference in prices of stocks, indices, commodities and cryptocurrencies using leverage, the size of which can be up to 1:500. However, there are a few considerations to bear in mind in this context. Firstly, to be successful, you must be confident in your trading strategy, which you can test on a Teletrade demo account. Secondly, take into account that the use of leverage increases the risk of losses, so be careful, do not make hasty decisions and do not forget that one of the most important components of stable trading is risk management.

Does Teletrade Pay?

Yes, Teletrade pays out profits to investors on a regular basis, as it is a legitimate and safe broker whose activities are under the strict supervision of the Cyprus Securities and Exchange Commission. You will be able to use Skrill and Neteller for transactions, as well as bank cards and wire transfers. The withdrawal time (depending on the chosen payment method) can take from 1 to 2 working days. The amount of commission also varies. For example, Skrill charges 1% commission, Neteller - 2%, and withdrawing funds from a card will cost you 2.35%.