Written by ForexBrokers.com
In this head to head comparison of Exness vs TeleTrade, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Exness and TeleTrade are two well-known online brokers, with Exness having been founded in 2008 and TeleTrade in 1994. Neither company is publicly traded or operates as a bank. Exness holds a solid reputation in the industry with a Trust Score of 81 from ForexBrokers.com, categorizing it as trusted. This status is backed by its possession of two Tier-1 licenses, which are highly trusted, and three Tier-2 licenses, which are considered trusted.
On the other hand, TeleTrade has built its own standing with a Trust Score of 71, placing it under average risk according to ForexBrokers.com. TeleTrade holds one Tier-1 license, adding an element of trust, though it doesn't have any Tier-2 licenses. Both brokers have a long history in the financial markets, providing various services to their clients while adhering to industry regulations, albeit at slightly different levels of regulatory backing.
| Feature |
Exness
|
TeleTrade
|
|---|---|---|
| Year Founded | 2008 | 1994 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 3 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 3 | 0 |
When comparing commissions and fees between online brokers Exness and TeleTrade, Exness offers a variety of account types to cater to different trading preferences. With five primary accounts, including two standard and three professional options, Exness also provides two specific social copy trading accounts for strategy sharing. The costs associated with trading on Exness depend on the chosen account type, where commission-based accounts boast lower spreads. The Standard Cent account, ideal for more controlled risk management, has the highest spreads. Meanwhile, the Standard account offers better spreads with relaxed margin stop-out levels. The Pro account takes it a step further with even lower spreads and the added flexibility of instant and market execution methods.
Exness also features specialized accounts like Zero Spread and Raw. The Zero Spread account charges a commission of $0.05 per trade and ensures no restrictions on leverage, offering favorable conditions with market execution. Similarly, the Raw account, charging up to $7 per round turn lot, ensures lower spreads paired with a generous approach to leverage and margin calls, which trigger at 30%. On the other hand, TeleTrade's average spread data is not available, offering little insight into their specific costs and fee structures.
In terms of user ratings, both Exness and TeleTrade hold a 4-star ranking out of five for commissions and fees. As per ForexBrokers.com, Exness is ranked #38 out of 62 brokers, while TeleTrade is slightly lower at #46 in the Commissions and Fees category. This information positions Exness as a more versatile choice for traders prioritizing lower costs, varied account types, and flexible trade executions.
| Feature |
Exness
|
TeleTrade
|
|---|---|---|
| Minimum Deposit | $10 | $100 |
| Average Spread EUR/USD - Standard | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Exness and TeleTrade both provide opportunities for forex trading as either a CFD or spot contract, catering to various trading preferences. While Exness offers 227 tradeable symbols, including 96 forex pairs, TeleTrade stands out with a broader selection of 500 tradeable symbols, albeit fewer forex pairs at 61. Neither broker allows trading of U.S. or international exchange-traded stocks, so clients looking for opportunities in equities may need to consider other options. For those interested in cryptocurrency, both brokers support trading cryptocurrency derivatives but not the actual coins.
Copy trading is available with both Exness and TeleTrade, allowing investors to replicate the trades of more experienced traders. In terms of their investment offerings, both brokers receive a similar rating of 3.5 stars. However, when ranked among 62 brokers by ForexBrokers.com, Exness comes in at #56, whereas TeleTrade is slightly ahead at #45, indicating a marginally higher recognition for the variety of investments they offer.
| Feature |
Exness
|
TeleTrade
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 227 | 500 |
| Forex Pairs (Total) | 96 | 61 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
When comparing Exness and TeleTrade for their trading platforms and tools, both brokers offer several features appealing to traders. Exness provides a proprietary platform developed in-house, along with a Windows-based desktop platform and a convenient web-based platform. Traders can benefit from simulated paper trading through a free virtual demo account. Like Exness, TeleTrade also offers access to MetaTrader 4 (MT4) and MetaTrader 5 (MT5), along with a desktop download and a web-based platform. However, TeleTrade does not have a proprietary platform, but it does offer ZuluTrade for copy trading—an option not available with Exness.
Exness and TeleTrade both support copy trading and offer the ability to trade directly from stock charts. However, Exness stands out with 87 drawing tools for charting compared to TeleTrade's 15. Despite similarities, Exness is ranked higher by ForexBrokers.com at #31 for Trading Platforms and Tools, compared to TeleTrade's #51 ranking. Both brokers are rated 4 stars, indicating strong but slightly different offerings in platform features and customer usability. Their watch lists each provide seven customizable fields, ensuring users can tailor their trading experience.
| Feature |
Exness
|
TeleTrade
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | Yes |
| Charting - Indicators / Studies (Total) | 107 | 35 |
| Charting - Drawing Tools (Total) | 87 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing Exness and TeleTrade's mobile trading apps, both offer comprehensive support for iPhone and Android devices, allowing access to stock and forex price alerts. Users of both platforms can enjoy the convenience of creating watchlists with real-time quotes. However, neither app offers watchlist symbol syncing with their online accounts. Notably, both apps provide an equal number of 35 technical studies for mobile charting, alongside the ability to draw trendlines and view different time frames such as daily, weekly, or intraday. In terms of chart interaction, a key distinction is that TeleTrade's app auto-saves chart drawings, while Exness's app does not.
In examining user feedback and rankings, Exness is rated four stars for its mobile trading app, with a ForexBrokers.com rank of 32 out of 62 brokers in the Mobile Trading Apps category. TeleTrade matches Exness in star rating, also receiving four stars, but is ranked slightly higher by ForexBrokers.com at 25 out of 62 brokers. These insights can guide traders in selecting an app that aligns with their trading needs and preferences.
| Feature |
Exness
|
TeleTrade
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 35 | 35 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing the market research offerings of Exness and TeleTrade, both brokers provide daily market commentary and forex news from top-tier sources like Bloomberg and Reuters. Interestingly, neither broker offers tools from Autochartist or market research from TipRanks and Acuity Trading. However, Exness stands out by offering Trading Central tools for conducting technical analysis, which TeleTrade does not. Additionally, Exness provides a sentiment-based trading tool that gives insights into market positions, whereas TeleTrade lacks this feature. Both brokers include an economic calendar that covers global news events, helping traders stay informed.
Despite their differences, Exness and TeleTrade each receive a rating of 3.5 stars for research quality. According to ForexBrokers.com, Exness is ranked 41st out of 62 brokers in the research category, while TeleTrade ranks slightly higher at 38th. This suggests that while both brokers offer valuable resources for market analysis, TeleTrade might have a slight edge in overall market research capabilities as evaluated by industry analysts.
| Feature |
Exness
|
TeleTrade
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, Exness stands out by offering a variety of materials. They provide a minimum of ten educational pieces focusing on forex or CFD topics, a searchable archive of past webinars, and an investor dictionary with definitions for over 50 terms. Exness also features at least ten beginner-friendly videos that cover various trading topics. Despite not offering live webinars or advanced videos, these resources make Exness a strong option for those just starting in trading. It holds a 3.5-star rating for education, ranking 47th out of 62 brokers by ForexBrokers.com.
In contrast, TeleTrade falls short in several areas. While it maintains the same 3.5-star rating for education as Exness, TeleTrade does not meet the minimum for forex or CFD educational pieces and lacks a searchable archive of webinars. It also doesn't offer ten educational videos tailored for beginners or an investor dictionary covering 50 terms. Interestingly, despite offering similar resources in other areas, TeleTrade is ranked 61st out of 62 brokers for education by ForexBrokers.com. For beginners looking for a more comprehensive educational experience, Exness appears to be the better choice.
| Feature |
Exness
|
TeleTrade
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | No | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that Exness is better than TeleTrade. Exness finished with an overall rank of #43, while TeleTrade finished with an overall rank of #50.
Exness is a MetaTrader-only broker regulated in the EU offering multiple account types and forex pairs, but its offering lacks the range of CFDs forex brokers typically offer.
| Feature |
Exness
|
TeleTrade
|
|---|---|---|
| Overall Rating |
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| Trust Score | 81 | 71 |
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While both Exness and TeleTrade provide options for trading cryptocurrency derivatives, neither platform allows for the purchase of actual, delivered cryptocurrency.
Both Exness and TeleTrade provide options for depositing or withdrawing account funds via Skrill, Visa, Mastercard, and bank wires, but neither offers ACH, SEPA, or PayPal as payment methods.
Please note:
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.
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0 of 5| Overall Rating | Exness | TeleTrade | |
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| Trust Score | 81 | 71 | |
| Winner | check_circle | ||
| Review | Exness Review |
| Broker Screenshots | Exness | TeleTrade | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) | |||
| Mobile Trading Gallery (click to expand) | |||
| Research Gallery (click to expand) | |||
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| Regulation | Exness | TeleTrade | |
|---|---|---|---|
| Trust Score | 81 | 71 | |
| Year Founded | 2008 | 1994 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 3 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 3 | 0 |
| Tier-1 Licenses (Highly Trusted) | Exness | TeleTrade | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | Exness | TeleTrade | |
|---|---|---|---|
| Kenya (CMA Authorised) | Yes | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | Yes | No |
| Investments | Exness | TeleTrade | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 227 | 500 | |
| Forex Pairs (Total) | 96 | 61 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | Exness | TeleTrade | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Exness | TeleTrade | |
|---|---|---|---|
| Minimum Deposit | $10 | $100 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | Exness | TeleTrade | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | Yes |
| Trading Tools | Exness | TeleTrade | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 107 | 35 | |
| Charting - Drawing Tools (Total) | 87 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Exness | TeleTrade | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 35 | 35 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Exness | TeleTrade | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Exness | TeleTrade | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | Exness | TeleTrade | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | Exness Review |
| Overall | Exness | TeleTrade | |
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| Trust Score | 81 | 71 | |
| Winner | check_circle | ||
| Review | Exness Review |
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