Written by ForexBrokers.com
In this head to head comparison of TeleTrade vs GBE brokers, 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.
TeleTrade and GBE brokers are both online brokerage firms with noteworthy regulatory credentials. TeleTrade, established in 1994, and GBE brokers, founded in 2013, each hold one Tier-1 license, indicating a high level of trust according to ForexBrokers.com. Neither firm is publicly traded or operates as a bank, which aligns them on even footing in terms of corporate structure and openness.
Both brokers share a Trust Score of 71 out of 99 on ForexBrokers.com, categorizing them as average risk. They hold no Tier-2 licenses, which reinforces their parity from a regulation perspective. Despite the difference in their years of establishment, both brokers offer equivalent levels of trust and security for potential investors to consider.
| Feature |
TeleTrade
|
GBE brokers
|
|---|---|---|
| Year Founded | 1994 | 2013 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 1 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 1 |
When it comes to comparing the commissions and fees of online brokers TeleTrade and GBE Brokers, both are rated four out of five stars, indicating a favorable view of their pricing structures. However, specific details such as average spread data are not available for either broker, making it challenging to directly contrast their cost structures in terms of spreads. This shared four-star rating suggests both brokers provide competitive pricing in the market.
Despite their similar star ratings, there is a notable difference in their rankings according to ForexBrokers.com. TeleTrade is ranked at number 46 out of 62 brokers in the Commissions and Fees category. This ranking implies that, while its pricing is relatively good, there may be other brokers that offer more attractive fee structures.
On the other hand, GBE Brokers holds a higher position, ranked at number 36 out of 62 in the same category. This suggests that GBE Brokers may offer slightly better conditions or broader options in terms of commissions and fees compared to TeleTrade. Overall, these rankings provide insight into how each broker is positioned within the broader market in terms of cost-effectiveness for their trading services.
| Feature |
TeleTrade
|
GBE brokers
|
|---|---|---|
| Minimum Deposit | $100 | $500 |
| Average Spread EUR/USD - Standard | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | No | Yes |
| PayPal (Deposit/Withdraw) | No | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
TeleTrade and GBE Brokers both provide forex trading through CFDs or spot contracts, catering to the needs of those interested in currency trading. They offer an impressive lineup of tradeable symbols, with 500 available options each, although GBE Brokers goes slightly further with 71 forex pairs compared to TeleTrade’s 61. While neither broker allows investors to buy exchange-traded securities on U.S. or international exchanges, such as Apple or Vodafone shares, they both support copy trading, an attractive feature for those who wish to follow successful trading strategies.
In the realm of cryptocurrency, both brokers focus on derivatives rather than actual digital currencies, providing a pathway for traders interested in this volatile market without owning the underlying assets. Each firm scores 3.5 out of 5 stars for their range of investment offerings. Ranked by ForexBrokers.com, GBE Brokers holds a marginally better position at #44 compared to TeleTrade's #45, reflecting slight differences in their investment offerings. Despite these nuances, both platforms aim to deliver diversely accessible trading experiences.
| Feature |
TeleTrade
|
GBE brokers
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 500 | 500 |
| Forex Pairs (Total) | 61 | 71 |
| 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 it comes to trading platforms and tools, both TeleTrade and GBE brokers offer a range of options designed to cater to the needs of modern traders. Both brokers provide simulated trading with free virtual demo accounts, allowing users to practice without financial risk. Neither broker offers a proprietary platform, but they do offer popular MetaTrader platforms—both MT4 and MT5—on Windows-based desktops and web browsers. Additionally, both companies have features supporting copy trading, though only TeleTrade includes ZuluTrade, granting users more diverse copy trading opportunities.
Charting tools and watch list features are comparable between the two, with both brokers offering 15 drawing tools and seven columns for watch lists. Trading directly from stock charts is supported by both, enhancing convenience for users executing trades. Although they share a four-star rating for trading platforms and tools, TeleTrade is slightly ahead regarding their global ranking by ForexBrokers.com, positioned at #51, whereas GBE brokers are at #57 among 62 brokers. Despite these similarities, individual preferences for interface and available integrations might sway a trader toward one broker over the other.
| Feature |
TeleTrade
|
GBE brokers
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | 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 | Yes | No |
| Charting - Indicators / Studies (Total) | 35 | 30 |
| Charting - Drawing Tools (Total) | 15 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When it comes to mobile trading apps, both TeleTrade and GBE brokers deliver essential features for traders using iPhone and Android devices. They each provide critical tools like stock and forex price alerts and chart trendline drawing capabilities. Both brokers ensure an organized trading experience with the ability to view multiple time frames on stock and forex charts, as well as auto-saving chart drawings. While both apps offer real-time quotes and let you create watchlists, they do not synchronize these watchlists with the client's online account, meaning changes made won't automatically update across platforms.
Despite these similarities, a closer look reveals some differences. TeleTrade slightly surpasses GBE brokers by offering 35 technical studies for charting, compared to 30 provided by GBE. This subtle edge may contribute to TeleTrade's superior ranking of #25 in ForexBrokers.com's Mobile Trading Apps category, far ahead of GBE broker's #57 ranking. Ultimately, both apps receive a solid 4-star rating overall, indicating satisfactory user experiences, though individual preferences for charting tools and rankings might tip the scales in TeleTrade’s favor for some traders.
| Feature |
TeleTrade
|
GBE brokers
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 35 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing the market research offerings of TeleTrade and GBE Brokers, both platforms provide daily market commentary and economic calendars, helping users stay informed about current and forthcoming global events. However, there's a notable difference in their services when it comes to sourcing forex news. TeleTrade has an edge by offering forex updates from top-tier sources like Bloomberg and Reuters, whereas GBE Brokers does not. Though neither broker integrates technical analysis tools from firms such as Autochartist or Trading Central, GBE Brokers makes up some ground with a sentiment-based trading tool that shows the ratio of long and short positions across various instruments—a feature missing from TeleTrade's suite of tools.
In terms of overall research quality and ranking, TeleTrade scores higher with 3.5 out of 5 stars, positioning itself at #38 out of 62 brokers according to ForexBrokers.com. Meanwhile, GBE Brokers holds a lower research rating of 3 stars and ranks significantly lower at #61. These ratings underscore TeleTrade's slight advantage in the research department, despite both brokers lacking resources from companies like TipRanks and Acuity Trading. For traders leaning heavily on top-tier forex news and research rank, TeleTrade offers a more comprehensive package.
| Feature |
TeleTrade
|
GBE brokers
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | No | Yes |
| 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, both TeleTrade and GBE brokers leave much to be desired in the forex and CFD trading world. Neither offers a minimum of ten educational resources focused on forex or CFDs, such as articles, videos, or archived webinars. Moreover, both platforms fall short in providing regular online educational webinars, with neither hosting even one a month. Their archives are also empty of previously recorded webinars, making it difficult for new traders to catch up on lessons they might have missed.
Furthermore, beginner traders looking for instructional video content will find neither TeleTrade nor GBE brokers offer at least ten educational videos focused specifically on beginner trading topics. The same scarcity exists for more advanced educational video content. Additionally, neither broker features an investor dictionary with definitions for at least 50 investing terms. Based on these shortfalls, TeleTrade holds a slightly higher educational rating of 3.5 stars compared to GBE brokers' 3 stars, despite being ranked near the bottom at 61st out of 62 brokers for education by ForexBrokers.com, with GBE brokers following right behind in the last position.
| Feature |
TeleTrade
|
GBE brokers
|
|---|---|---|
| Education (Forex or CFDs) | No | No |
| Client Webinars | No | No |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | No | No |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | No | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that TeleTrade is better than GBE brokers. TeleTrade finished with an overall rank of #50, while GBE brokers finished with an overall rank of #56.
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.
| Feature |
TeleTrade
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GBE brokers
|
|---|---|---|
| Overall Rating |
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| Trust Score | 71 | 71 |
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Both TeleTrade and GBE brokers do not provide the option to buy actual (delivered) cryptocurrency, but they both offer the ability to trade cryptocurrency derivatives.
When comparing online brokers, GBE brokers stands out over TeleTrade by providing ACH and SEPA transfers, as well as PayPal, for deposits and withdrawals, whereas both brokers support Skrill, Visa, Mastercard, and bank wire options.
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 | TeleTrade | GBE brokers | |
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| Trust Score | 71 | 71 | |
| Winner | check_circle | ||
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| Broker Screenshots | TeleTrade | GBE brokers | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) | |||
| Mobile Trading Gallery (click to expand) | |||
| Research Gallery (click to expand) | |||
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| Regulation | TeleTrade | GBE brokers | |
|---|---|---|---|
| Trust Score | 71 | 71 | |
| Year Founded | 1994 | 2013 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 1 | 1 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 1 |
| Tier-1 Licenses (Highly Trusted) | TeleTrade | GBE brokers | |
|---|---|---|---|
| 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) | No | 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) | TeleTrade | GBE brokers | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | TeleTrade | GBE brokers | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 500 | 500 | |
| Forex Pairs (Total) | 61 | 71 | |
| 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 | TeleTrade | GBE brokers | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | TeleTrade | GBE brokers | |
|---|---|---|---|
| Minimum Deposit | $100 | $500 | |
| PayPal (Deposit/Withdraw) | No | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | Yes |
| Trading Platforms | TeleTrade | GBE brokers | |
|---|---|---|---|
| Proprietary Platform | No | 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 | Yes | No |
| Trading Tools | TeleTrade | GBE brokers | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 35 | 30 | |
| Charting - Drawing Tools (Total) | 15 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | TeleTrade | GBE brokers | |
|---|---|---|---|
| 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 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | TeleTrade | GBE brokers | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | TeleTrade | GBE brokers | |
|---|---|---|---|
| Education (Forex or CFDs) | No | No | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | No | No | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | No | No |
| Major Forex Pairs | TeleTrade | GBE brokers | |
|---|---|---|---|
| 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 |
| Overall | TeleTrade | GBE brokers | |
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| Trust Score | 71 | 71 | |
| Winner | check_circle | ||
| Review |
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