Markets.com vs TeleTrade Comparison
Comparing forex brokers side by side is no easy task. For our 2023 annual forex broker review, we spent hundreds of hours assessing 62 forex and CFD brokerages to find the best forex broker. Let's compare Markets.com vs TeleTrade.
Does Markets.com or TeleTrade offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, TeleTrade
offers better pricing overall for traders.
Is Markets.com or TeleTrade safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. Markets.com holds 2 global Tier-1 licenses, while TeleTrade holds 0. Markets.com holds 2 global Tier-2 licenses, while TeleTrade holds 1. In our analysis of 23 international regulators across 50 brokers, Markets.com earned a higher Trust Score than TeleTrade.
Which trading platform is better: Markets.com or TeleTrade?
To compare the trading platforms of both Markets.com and TeleTrade, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Markets.com offers a better experience. With research, Markets.com offers superior market research. Finally, we found TeleTrade to provide better mobile trading apps.
What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Both Markets.com and TeleTrade offer MetaTrader 4 (MT4).Markets.com and TeleTrade both offer copy trading.
How many forex pairs and CFDs are available to trade?
TeleTrade provides traders 61 currency pairs (e.g., EUR/USD) compared to Markets.com's 57 available pairs. Forex pairs aside, Markets.com offers traders access to 2179 CFDs while TeleTrade has 500 available CFDs, a difference of 1679.
Can I trust Markets.com?
Markets.com is publicly traded, does not operate a bank, and is authorised by two tier-1 regulators (high trust), two tier-2 regulators (average trust), and one tier-3 regulator (low trust). Markets.com is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC) and the Financial Conduct Authority (FCA).
Can I trust TeleTrade?
TeleTrade is not publicly traded and does not operate a bank. TeleTrade is authorised by zero tier-1 regulator (high trust), one tier-2 regulator (average trust), and zero tier-3 regulator (low trust).
Is Markets.com good?
Thanks to its web-based MarketsX platform, Markets.com is easy to use and new trader friendly. However, Markets.com is pricey and lacks the feature-rich trading tools required to compete with the best trading platforms.
Is TeleTrade good?
TeleTrade was an early pioneer of mobile apps for finance, then became a forex and CFD broker, now offering the MetaTrader platform. With just one regulatory license, Teletrade has a lower Trust Score than more established forex brokers.
Overall winner: Markets.com
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We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.