FreshForex vs TeleTrade Comparison

Last updated Mar 28, 2025
FreshForex LogoFreshForex
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 FreshForex and TeleTrade

BrokerFreshForexTeleTrade
Rating
3.8/5
3.6/5
Foundation Year20032000
Regulated in CountriesSaint Vincent and the GrenadinesSaint Vincent and the Grenadines
Minimum Deposit
  • 10 USD
  • 1 USD
Spreadfrom 0 pointsfrom 0 points
Max Leverage1:20001:500
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • Bonds
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • MetaTrader 4
  • MetaTrader 5
ReviewFreshForex Review TeleTrade Review

FreshForex is suitable for beginners thanks to educational materials, a wide selection of instruments, and experienced traders looking for various accounts.

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.

FreshForex Review

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

FreshForex is a broker with rich experience in the market since 2004, and it has established itself as a stable and reliable partner. The broker offers a variety of trading accounts that can meet the needs of different categories of traders, including accounts with fixed and floating spreads and with market execution. An additional advantage is an extensive set of educational materials and analytics that can be useful for beginners and experienced traders.

However, there are significant disadvantages to consider. The lack of regulation by major financial institutions such as the FCA or ASIC can be critical for traders looking for maximum security for their funds. Also, the lack of a native mobile app can limit the ability to trade on the go, although this is offset by support for the popular MetaTrader 4 and MetaTrader 5 platforms. High trading commissions on ECN accounts can deter traders from seeking more favorable trading conditions.

Overall, FreshForex is suitable for traders who appreciate the variety of trading accounts and educational resources. The broker is especially ideal for those willing to accept some risk associated with the lack of regulation by reputable authorities.

Pros and Cons of FreshForex

Pros

  1. It has been on the market since 2004 and has established itself as a reliable and stable broker.
  2. Variety of trading accounts.
  3. Quality analytics.
  4. Extensive education program.

Cons

  1. Lack of regulation by major financial authorities.
  2. Absence of a mobile application.
  3. High trading fees.

FreshForex 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

BrokerFreshForexTeleTrade
Reliability
3/5
3/5
Foundation Year20032000
Regulated in CountriesSaint Vincent and the GrenadinesSaint Vincent and the Grenadines
Regulators

FreshForex

FreshForex has an offshore registration. There is also a lack of strict regulation, which raises concerns about reliability

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

BrokerFreshForexTeleTrade
Account Opening
5/5
5/5
Minimum Deposit
  • 10 USD
  • 1 USD

FreshForex

The account opening process at FreshForex is simple and convenient.

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

BrokerFreshForexTeleTrade
Account Types
4.5/5
3.5/5
Trading Accounts
  • Classic
  • Market Pro
  • ECN
  • Classic.Cent
  • Pro.Cent
  • Standard
  • ECN
  • NDD
  • TeleTrade Invest
Minimum Deposit
  • 10 USD
  • 1 USD
Spreadfrom 0 pointsfrom 0 points
Max Leverage1:20001:500
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • Bonds
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • MetaTrader 4
  • MetaTrader 5
Demo Account
Swap-free Account

FreshForex

FreshForex offers a variety of accounts to meet different needs, but lacks options for passive investing.

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

BrokerFreshForexTeleTrade
Commissions
2.2/5
2.5/5
Spreadfrom 0 pointsfrom 0 points
Average Spread (EURUSD)1.81.8
Commission per Lot$3.3$0.86

FreshForex

FreshForex has higher than average market commissions, but does not charge for inactivity or deposits/withdrawals.

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

BrokerFreshForexTeleTrade
Rating
5/5
4/5
Account Funding Methods
  • WebMoney
  • AdvCash
  • Perfect Money
  • Visa
  • Mastercard
  • Мир
  • Skrill
  • FasaPay
  • Perfect Money
  • WebMoney
  • Swift
  • SEPA
  • Mastercard

FreshForex

FreshForex ensures fast and convenient account funding and withdrawals with more than 20 methods without broker commissions.

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

BrokerFreshForexTeleTrade
Markets and Products
4/5
4.5/5
Forex5276
Precious Metals1317
Energy Carriers34
Indices1226
Stocks115146
ETF7-
Cryptocurrency7479
Soft Commodities-7
Bonds-3

FreshForex

FreshForex offers an extensive selection of trading instruments, but with limitations such as the absence of soft commodities and an average number of CFDs.

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

BrokerFreshForexTeleTrade
Rating
4/5
4/5
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • MetaTrader 4
  • MetaTrader 5

FreshForex

FreshForex offers reliable and popular MT4 and MT5 platforms with a variety of tools and versions for different devices.

Pros

  1. Access to MT4 and MT5, proven platforms.
  2. A large arsenal of indicators and tools.
  3. Versions for PC, MacOS, iPhone, Android, and Web.

Cons

  1. Lack of proprietary or alternative platforms.
  2. May be complex for beginner traders.

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

BrokerFreshForexTeleTrade
Rating
5/5
4/5

FreshForex

FreshForex offers comprehensive and timely analytics, including a variety of analysis methods and useful tools for traders.

Pros

  1. Daily forecasts and Forex analytics.
  2. A variety of analysis methods.
  3. Additional tools such as a calculator and economic calendar.

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

BrokerFreshForexTeleTrade
Rating
5/5
2/5

FreshForex

FreshForex offers an extensive educational program, including webinars, consultations, and literature suitable for beginners.

Pros

  1. A variety of educational materials and courses.
  2. Free webinars and consultations with experts.
  3. A comprehensive glossary of Forex terms for beginners.

Cons

  1. Lack of advanced courses for 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

BrokerFreshForexTeleTrade
Rating
3.5/5
5/5
Email Support
  • info@freshforex.com
  • support@teletrade.org
Hotline Phones
  • 8 800 333 88 08
  • +442080895636
Social Media

FreshForex

FreshForex technical support offers a variety of communication channels, but the quality of service is inconsistent.

Pros

  1. Multiple channels of communication.
  2. Quick response in some cases.

Cons

  1. Inconsistency in service quality.
  2. Lack of 24/7 support.

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 FreshForex 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.