NordFX vs TeleTrade Comparison

Last updated Mar 28, 2025
NordFX LogoNordFX
3.5/5
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 NordFX and TeleTrade

BrokerNordFXTeleTrade
Rating
3.5/5
3.6/5
Foundation Year20082000
Regulated in CountriesSaint Vincent and the Grenadines
Minimum Deposit
  • 10 USD
  • 1 USD
Spreadfrom 0 pointsfrom 0 points
Max Leverage1:10001:500
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • Bonds
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 4
  • MetaTrader 5
ReviewNordFX Review TeleTrade Review

NordFX suits traders who prefer MetaTrader 4 and value various analytical tools. It is perfect for those who prioritize individual support and tight spreads.

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.

NordFX Review

NordFX 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 Cryptocurrency
Trading Platforms
MetaTrader 4
compare NordFX trading accounts

NordFX is a broker with various trading accounts and conditions, making it attractive for different categories of traders — from beginners to professionals. Tight spreads and analytical tools are backed by good technical support, which is a significant plus.

NordFX is suitable for traders who prefer to use MetaTrader 4 and who do not require a wide range of CFDs or alternative trading platforms. This broker is perfect for those seeking diverse market analysis options and personalized support.

Pros and Cons of NordFX

Pros

  1. Diversity of trading accounts and services.
  2. Tight spreads.
  3. Wide range of deposit and withdrawal methods.
  4. Extensive set of analytical tools.
  5. Good customer support.

Cons

  1. Lack of regulation.
  2. High commission on Zero account.
  3. Long withdrawal request processing time.
  4. Lack of soft commodities and limited overall number of CFDs.
  5. There are no alternatives to MT4.

NordFX 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

BrokerNordFXTeleTrade
Reliability
2/5
3/5
Foundation Year20082000
Regulated in CountriesSaint Vincent and the Grenadines
Regulators
-

NordFX

NordFX holds legal registration, but the lack of regulation diminishes its reliability, which is crucial for protecting client interests.

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

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

NordFX

Registration is simple and intuitive, with minimal requirements to start trading. Verification, while mandatory, complies with international standards.

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

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

NordFX

NordFX offers a wide range of account types and services.

Pros

  1. Flexible options for different traders.
  2. PAMM accounts and copy trading available.
  3. VPS available.

Cons

  1. Lack of cent accounts.

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

BrokerNordFXTeleTrade
Commissions
2.5/5
2.5/5
Spreadfrom 0 pointsfrom 0 points
Average Spread (EURUSD)1.21.8
Commission per Lot$3.5$0.86

NordFX

NordFX's commission policy is quite flexible and offers various options for different types of traders.

Pros

  1. Flexible commission system suitable for different strategies.
  2. Tight spreads on the Pro account.

Cons

  1. Above-average transaction commission on the Zero account.
  2. Inactivity fee.
  3. High swaps.

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

BrokerNordFXTeleTrade
Rating
4/5
4/5
Account Funding Methods
  • WebMoney
  • Skrill
  • Neteller
  • Perfect Money
  • Dragonpay
  • AstroPay
  • TC Pay
  • FasaPay
  • Boleto
  • DOKU Wallet
  • Binance Pay
  • Swift
  • Visa
  • Mastercard
  • Ngan Luong
  • Help2pay
  • PayTrust88
  • Skrill
  • FasaPay
  • Perfect Money
  • WebMoney
  • Swift
  • SEPA
  • Mastercard

NordFX

NordFX offers a wide range of methods for depositing and withdrawing funds, including cryptocurrencies. Most transactions are processed quickly, but withdrawal times can take up to 5 business days.

Pros

  1. Numerous available deposit methods.
  2. Competitive commissions.
  3. Instant account funding.

Cons

  1. Withdrawal time up to 5 business days.
  2. Withdrawal only by the same method as deposit.
  3. Verification required for fund withdrawal.

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

BrokerNordFXTeleTrade
Markets and Products
4/5
4.5/5
Forex3376
Precious Metals217
Energy Carriers34
Indices426
Stocks68146
Cryptocurrency1579
Soft Commodities-7
Bonds-3

NordFX

NordFX offers a variety of markets, including currencies, metals, and cryptocurrencies. However, the selection is limited compared to competitors, especially in terms of CFDs and the lack of soft commodities.

Pros

  1. Diversity of asset classes.
  2. Access to 15 cryptocurrencies.

Cons

  1. Lack of soft commodities.
  2. Limited 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

BrokerNordFXTeleTrade
Rating
3/5
4/5
Trading Platforms
  • MetaTrader 4
  • MetaTrader 4
  • MetaTrader 5

NordFX

NordFX provides the MetaTrader 4 platform, which is reliable and feature-rich. The platform is available on various devices, including MultiTerminal for managing multiple accounts.

Pros

  1. Reliable and proven MT4 platform.
  2. Desktop and mobile versions available.
  3. MultiTerminal for managing multiple accounts.

Cons

  1. Lack of a web-based platform.
  2. Limited choice of trading platforms.

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

BrokerNordFXTeleTrade
Rating
4/5
4/5

NordFX

NordFX boasts strong analytics. A variety of tools are offered: weekly forecasts, economic calendar, trader's calculator.

Pros

  1. Weekly forecasts for Forex and cryptocurrencies.
  2. Economic calendar.
  3. Convenient calculator for estimating potential profits.

Cons

  1. Lack of trading signals.
  2. Insufficient analytics from company experts.
  3. Limited selection of analytical materials.

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

BrokerNordFXTeleTrade
Rating
4/5
2/5

NordFX

The broker offers a variety of video and audio courses, as well as useful articles in the blog, which is a plus for self-directed trader education.

Pros

  1. Variety of formats: video, audio, articles.
  2. Materials for different skill levels.
  3. Regular blog publications.

Cons

  1. Lack of webinars.
  2. No seminars or master classes.
  3. No personalized training.

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

BrokerNordFXTeleTrade
Rating
5/5
5/5
Email Support
  • support@nordfx.com
  • support@teletrade.org
Hotline Phones
  • +35725030262
  • +442080895636
Social Media

NordFX

NordFX technical support deserves high praise for the variety of communication channels and the effectiveness of the solutions provided. Client reviews highlight the high level of service.

Pros

  1. 24/7 availability.
  2. Multiple communication channels: live chat, email, phone.
  3. High level of staff professionalism.

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 NordFX 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.