TeleTrade to delist REN/USD, XEM/USD trading pairs on MT4 and MT5
TeleTrade, an international brokerage firm, has announced the delisting of two cryptocurrency trading pairs—REN/USD and XEM/USD—on its MetaTrader 4 and MetaTrader 5 platforms.
- Chosen by 0+ local traders in the last 3 months.
- Traders earn on average 12% more per month vs other brokers.
The decision follows an update from the company’s liquidity provider, which will cease support for these assets, according to the broker’s official website.
Trading restrictions take effect on February 12
Starting February 12, 2025, TeleTrade will switch the REN/USD and XEM/USD trading pairs to “Close Only” mode. This means traders will no longer be able to open new positions for these assets, although existing positions can still be closed before the final delisting.
The broker strongly advises all clients with active positions in these trading pairs to manage their trades accordingly. Traders should close their open positions and delete any pending orders before the end of the trading session on February 14, 2025.
Final delisting on February 15
After the trading session closes on February 14, 2025, all remaining open positions for REN/USD and XEM/USD will be automatically liquidated at market prices. Additionally, all pending orders related to these assets will be deleted.
From February 15, 2025, both trading pairs will be completely removed from the MT4 and MT5 trading servers and will no longer be available for trading on the platform.
Impact on traders
The removal of REN/USD and XEM/USD is part of broader liquidity management adjustments as cryptocurrency markets continue to evolve. TeleTrade encourages traders to reassess their portfolios and adjust their strategies accordingly.
For traders holding positions in REN or XEM, this delisting means they may need to consider alternative platforms to continue trading these assets. Additionally, traders should be aware of potential liquidity risks and volatility as the deadline approaches.
Commitment to market adjustments
TeleTrade remains committed to providing a seamless trading experience and adapting to market changes. The company advises traders to stay informed about liquidity provider adjustments and any potential impacts on trading instruments.
Previously, TeleTrade announced changes to margin trading rules on MT5 CENT accounts.
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