TeleTrade to delist EOS/USD pair following liquidity provider decision
TeleTrade adjusts crypto lineup
International brokerage firm TeleTrade has announced the termination of trading for the cryptocurrency pair EOS/USD across all its platforms starting May 20, 2025.
The decision follows a delisting initiated by a liquidity provider and affects all trading activity related to this digital asset.
In preparation for the removal, TeleTrade set the "Close Only" mode for the EOS/USD symbol on May 19, allowing traders to close existing positions but not open new ones. The company strongly advises all clients to manually close active positions and delete any pending orders by the end of the May 20 trading session. After that time, all open positions will be automatically closed and pending orders deleted. The delisting applies to both MetaTrader 4 and MetaTrader 5 servers.
Reasons behind the delisting and its impact on trading
This action is part of broader changes in asset availability determined by third-party liquidity providers, who are responsible for pricing and executing trades in leveraged markets. While TeleTrade has not disclosed the name of the provider that initiated the removal, the company notes that such adjustments are standard practice in cases of low liquidity, heightened volatility, or declining interest in a specific asset.
TeleTrade urges traders to factor in this change when developing their trading strategies to avoid forced position closures under unfavorable market conditions. Proactive position management is crucial for minimizing potential losses.
TeleTrade products and client advisory
Despite the removal of EOS/USD from its trading instruments, TeleTrade continues to offer a wide range of products, including cryptocurrencies, forex pairs, and CFDs across global markets. To support new clients, the company highlights its ongoing 100% deposit bonus promotion, which aims to help traders maximize their starting capital.
The broker strongly recommends that all clients regularly monitor platform updates and official announcements to stay informed about evolving market conditions and to ensure smooth and uninterrupted trading operations.
