Forex4you vs TeleTrade Comparison

Last updated Mar 28, 2025
Forex4you LogoForex4you
3.8/5
RegisterTrading CFDs carries high risks. You may lose all invested funds
VS
TeleTrade LogoTeleTrade
3.6/5
RegisterTrading CFDs carries high risks. You may lose all invested funds

We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.

Comparison Table of Forex4you and TeleTrade

BrokerForex4youTeleTrade
Rating
3.8/5
3.6/5
Foundation Year20062000
Regulated in CountriesBritish Virgin Islands, Saint Vincent and the Grenadines, BelarusSaint Vincent and the Grenadines
Minimum Deposit
  • 1 USD
  • 1 EUR
  • 1 USD
Spreadfrom 0.1 pointsfrom 0 points
Max Leverage1:10001:500
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Indices
  • Stocks
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • Bonds
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • Forex4you
  • MetaTrader 4
  • MetaTrader 5
ReviewForex4you Review TeleTrade Review

Forex4you is suitable for experienced traders who appreciate the variety of platforms and analytical tools and beginners due to extensive training materials.

This broker is ideally suited for experienced traders who value narrow spreads and a variety of financial instruments. Beginners may find it difficult due to the lack of extensive educational materials.

Forex4you Review

Forex4you Logo
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Trading Assets
Forex Precious Metals Indices Stocks
Trading Platforms
MetaTrader 4MetaTrader 5Forex4you
compare Forex4you trading accounts

Forex4you is a broker with years of experience in the market, offering its clients a variety of trading instruments and platforms. On one hand, the broker provides exciting opportunities such as the Cashback program and various analytical tools. On the other hand, certain aspects, such as commissions and limited deposit methods, may pose particular difficulties for traders.

Forex4you is probably most suitable for intermediate and experienced traders looking for flexibility in choosing trading platforms and value analytical tools.

Pros and Cons of Forex4you

Pros

  1. Variety of trading accounts.
  2. Cashback program.
  3. Variety of trading platforms.
  4. Many analytical tools.
  5. Fast and professional response of the support service.

Cons

  1. Swaps are above the market average.
  2. Limited deposit methods.
  3. Limited product selection.

Forex4you is in the top 10 of the following ratings:

TeleTrade Review

TeleTrade Logo
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks Bonds Cryptocurrency
Trading Platforms
MetaTrader 4MetaTrader 5
compare TeleTrade trading accounts

TeleTrade represents a comprehensive solution for traders looking for tight spreads, a variety of financial instruments, and quality customer support. It benefits experienced traders who can fully utilize the extensive analytical tools. However, beginners may find it challenging to get started without a wide range of educational materials.

If you are ready to undertake an intensive self-learning journey or possess ample experience, this broker can offer you all the necessary conditions for successful trading.

Pros and Cons of TeleTrade

Pros

  1. Tight spreads.
  2. A wide range of deposit and withdrawal methods.
  3. Diversity of financial assets.
  4. An extensive set of analytical tools.
  5. Quality customer support.

Cons

  1. High commission on ECN and NDD accounts.
  2. High swaps.
  3. Long withdrawal request processing time.
  4. Lack of educational materials other than articles.

Reliability

BrokerForex4youTeleTrade
Reliability
4/5
3/5
Foundation Year20062000
Regulated in CountriesBritish Virgin Islands, Saint Vincent and the Grenadines, BelarusSaint Vincent and the Grenadines
Regulators

Forex4you

Forex4you broker is registered in the British Virgin Islands, St. Vincent and the Grenadines, and Belarus.

Pros

  1. International regulation (BVIFSC and SVGFSA).
  2. Regulation by the National Bank of the Republic of Belarus.

Cons

  1. Lack of regulation in major financial centers (e.g., EU or USA).

TeleTrade

TeleTrade is a relatively reliable broker, especially considering its long-standing market experience.

Pros

  1. Long-term market history.
  2. A large client base worldwide.

Cons

  1. No regulation by stricter authorities (FCA, ASIC, BaFin).

Account Opening

BrokerForex4youTeleTrade
Account Opening
5/5
5/5
Minimum Deposit
  • 1 USD
  • 1 EUR
  • 1 USD

Forex4you

Opening an account with the broker is simple and convenient. Intuitive website navigation and quick access to the personal account area make the process extremely user-friendly.

Pros

  1. Simple registration form.
  2. Intuitive website navigation.
  3. Quick login to the personal account from the homepage.

TeleTrade

The registration process with TeleTrade broker is extremely convenient and fast. Minimal field input and the ability to log in from the main page simplify the start in trading.

Account Types

BrokerForex4youTeleTrade
Account Types
5/5
3.5/5
Trading Accounts
  • Classic Standard
  • Classic Fixed
  • Classic Pro
  • Cent Fixed
  • Cent Pro
  • Standard
  • ECN
  • NDD
  • TeleTrade Invest
Minimum Deposit
  • 1 USD
  • 1 EUR
  • 1 USD
Spreadfrom 0.1 pointsfrom 0 points
Max Leverage1:10001:500
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Indices
  • Stocks
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • Bonds
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • Forex4you
  • MetaTrader 4
  • MetaTrader 5
Demo Account
Swap-free Account

Forex4you

Forex4you offers a variety of accounts, meeting the needs from beginners to professionals.

Pros

  1. Cent accounts for beginners.
  2. Trading accounts for experienced and professional traders.
  3. Own copy trading service Share4you

TeleTrade

The broker offers standard trading accounts with additional options such as "24% Bonus" and "Copy Trading". However, the absence of cent, fixed, and Islamic accounts narrows the choices for specialized traders.

Pros

  1. Additional income through "24% Bonus".
  2. The "Copy Trading" service for diversification.
  3. Loyalty program with bonus points.

Cons

  1. No accounts with fixed spreads.
  2. No cent accounts.
  3. No Islamic accounts.

Commissions

BrokerForex4youTeleTrade
Commissions
2.2/5
2.5/5
Spreadfrom 0.1 pointsfrom 0 points
Average Spread (EURUSD)0.21.8
Commission per Lot$4$0.86

Forex4you

Forex4you's commissions are above average.

Pros

  1. Cashback program available

Cons

  1. High commission per lot on Classic Pro account.
  2. Swaps higher than most competitors.
  3. Inactivity fee.

TeleTrade

The level of commissions can be considered average, making the broker's services suitable for various types of traders, but not ideal for all.

Pros

  1. Competitive spreads on the standard account.
  2. No withdrawal fees in certain cases.

Cons

  1. High transaction commission on ECN and NDD accounts.
  2. Above-average swaps on the standard account.
  3. Additional commission for account inactivity.

Deposit and Withdrawal

BrokerForex4youTeleTrade
Rating
3/5
4/5
Account Funding Methods
  • Neteller
  • Skrill
  • Visa
  • Mastercard
  • Skrill
  • FasaPay
  • Perfect Money
  • WebMoney
  • Swift
  • SEPA
  • Mastercard

Forex4you

Forex4you offers convenient conditions for depositing and withdrawing funds via bank cards, but the choice of methods is limited.

Pros

  1. 0% commission for deposits and withdrawals.
  2. Instant credit on deposits.

Cons

  1. Lack of cryptocurrencies.
  2. No bank transfer option.
  3. Withdrawal time up to 6 business days.

TeleTrade

The broker offers a variety of transaction methods, most of which are commission-free and with fast processing times.

Pros

  1. Wide selection of deposit and withdrawal methods.
  2. Most operations are commission-free.
  3. Instant fund crediting for most methods.

Cons

  1. Withdrawal requests can be processed for up to 7 business days.
  2. In some cases, a commission is charged for deposits and withdrawals.

Markets and Products

BrokerForex4youTeleTrade
Markets and Products
3.2/5
4.5/5
Forex4076
Precious Metals217
Indices1326
Stocks89146
Energy Carriers-4
Soft Commodities-7
Bonds-3
Cryptocurrency-79

Forex4you

Forex4you offers a variety of markets, but the product range is limited compared to competitors.

Pros

  1. Wide selection of currency pairs.
  2. Diverse markets.

Cons

  1. Lack of energy carriers and soft commodities.
  2. Overall number of CFDs below market standards.

TeleTrade

TeleTrade offers a wide range of financial instruments, making it attractive for various categories of investors.

Pros

  1. A large number of currency pairs.
  2. Wide selection of CFDs on metals and cryptocurrencies.

Cons

  1. Some brokers offer more CFDs.

Trading Platforms

BrokerForex4youTeleTrade
Rating
5/5
4/5
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • Forex4you
  • MetaTrader 4
  • MetaTrader 5

Forex4you

Forex4you offers high-quality and functional trading platforms, ensuring comfortable trading.

Pros

  1. Availability of popular platforms MT4 and MT5.
  2. Proprietary development - the Forex4you platform.
  3. Mobile versions for trading on the go.

TeleTrade

TeleTrade provides excellent trading opportunities, offering two versions of the popular MetaTrader platforms.

Pros

  1. Support for MetaTrader 4 and 5, popular and reliable platforms.
  2. Availability on various operating systems and devices.
  3. Ability to use automated trading robots.

Cons

  1. Lack of proprietary platform or alternative to MetaTrader.

Analytics

BrokerForex4youTeleTrade
Rating
4/5
4/5

Forex4you

Forex4you offers a wide range of analytical tools, providing traders with quality data for decision making.

Pros

  1. Extensive set of tools: news, technical analysis, economic calendar.
  2. Access to professional services such as Autochartist.

Cons

  1. Lack of in-depth fundamental analysis.

TeleTrade

TeleTrade provides a good range of analytical tools, such as an economic calendar and technical analysis.

Pros

  1. Includes an economic calendar and updates news.
  2. Professional market reviews.
  3. Video analytics available.

Cons

  1. Lack of trading signals.
  2. Absence of calculators and technical analysis services.

Education

BrokerForex4youTeleTrade
Rating
5/5
2/5

Forex4you

Forex4you training materials offer a comprehensive approach to learning with a wide range of topics and formats suitable for beginners and experienced traders.

TeleTrade

The educational materials at TeleTrade are limited to articles only, which is not ideal for those seeking comprehensive education. The variety and depth of materials are severely limited.

Customer Support

BrokerForex4youTeleTrade
Rating
3.5/5
5/5
Email Support
  • info@forex4you.com
  • support@teletrade.org
Hotline Phones
  • +44 330 027 1824
  • +442080895636
Social Media

Forex4you

Forex4you's customer support provides a mixed experience, with quick response but also issues in some cases.

Pros

  1. Variety of communication channels.
  2. Quick response in chat and via email.
  3. Professionalism of the staff.

Cons

  1. Negative reviews about account freezing.
  2. Issues with fund withdrawal for some clients.

TeleTrade

TeleTrade's technical support offers a wide range of communication channels and receives positive feedback from clients. Prompt response and quality consultation make this service one of the broker's strong points.

Alternatives to Forex4you and TeleTrade

Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader. He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017.

He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018.