BrokerNotes.co is committed to the highest ethical standards and reviews services independently. Learn How We Make Money

TeleTrade vs TopFX 2022

April 26, 2022
Last modified June 23, 2022

TeleTrade is better than TopFX.

Trying to decide between TeleTrade and TopFX? We’ve taken the guesswork out of the equation with our Comparison Tool. Use our tool to compare hundreds of data points, side-by-side, to see how these two brokers stack up against each other.

Select Brokersexpand_moreclose
Overall Rating expand_moreexpand_less TeleTrade TopFX AvaTrade
Overall Rating star star 7 / 10 star star 6.5 / 10 star star 8.2 / 10
Account Type expand_moreexpand_less TeleTrade TopFX AvaTrade
Standard Account Yes Yes Yes
Mini Account Yes Yes Yes
Micro Account Yes Yes Yes
Islamic Account No Yes Yes
Copy Trading expand_moreexpand_less TeleTrade TopFX AvaTrade
Social Trading / Copy Trading Yes Yes Yes
DupliTrade No No Yes
ZuluTrade Yes No Yes
Cryptocurrency expand_moreexpand_less TeleTrade TopFX AvaTrade
Cryptocurrency (Physical) No No No
Cryptocurrency (CFD) Yes Yes Yes
Bitcoin Yes Yes Yes
ethereum Yes Yes Yes
Forex Trading expand_moreexpand_less TeleTrade TopFX AvaTrade
Forex Trading Yes Yes Yes
Trading - Forex or CFDs Yes Yes Yes
Indices (Index CFDs) expand_moreexpand_less TeleTrade TopFX AvaTrade
DAX Yes Yes Yes
Dow Jones Yes Yes Yes
FTSE Yes Yes Yes
NASDAQ 100 Yes Yes Yes
Nikkei Yes Yes Yes
SP 500 Yes Yes Yes
Investments expand_moreexpand_less TeleTrade TopFX AvaTrade
Forex Trading Yes Yes Yes
Trading - Forex or CFDs Yes Yes Yes
Spread Betting No No Yes
Social Trading / Copy Trading Yes Yes Yes
Metals Yes Yes Yes
Energies Yes Yes Yes
Agriculturals No No Yes
ETF No Yes No
U.S. Stocks (CFD) Yes Yes Yes
Trading Platforms expand_moreexpand_less TeleTrade TopFX AvaTrade
Apple iOS App Yes Yes Yes
Android App Yes Yes Yes
Proprietary Platform No No Yes
Desktop Platform (Windows) Yes Yes Yes
Web Platform Yes Yes Yes
MetaTrader 4 (MT4) Yes Yes Yes
MetaTrader 5 (MT5) Yes No Yes
Regulatory Licenses expand_moreexpand_less TeleTrade TopFX AvaTrade
Tier-1 Licenses 0 0 4
ASIC Authorised (Australia) No No Yes
IIROC Authorised (Canada) No No Yes
FCA Authorised (U.K.) No No No
SFC Authorised (Hong Kong) No No No
MAS Authorised (Singapore) No No No
FINMA Authorised (Switzerland) No No No
CFTC Registered (USA) No No No
Tier-2 Licenses 1 1 3
Tier-3 Licenses 0 0 1
Research, Education expand_moreexpand_less TeleTrade TopFX AvaTrade
Trading Central (Recognia) No Yes Yes
Forex News (Top-Tier Sources) Yes Yes Yes
Daily Market Commentary Yes No Yes
Autochartist No Yes No
Investor Dictionary (Glossary) No No Yes
Videos - Beginner Trading Videos No No Yes
Client Webinars (Archived) No No Yes
Trading Costs expand_moreexpand_less TeleTrade TopFX AvaTrade
Minimum Initial Deposit $100 Depends on payment method $100
Average Spread EUR/USD - Standard -1 N/A 0.91 (Aug 2020)
All-in Cost EUR/USD - Active -1 N/A 0.61 (Aug 2020)
Active Trader or VIP Discounts Yes No Yes
Bank Wire (Deposit/Withdraw) Yes Yes Yes
Visa/Mastercard (Credit/Debit) Yes Yes Yes
PayPal (Deposit/Withdraw) No Yes Yes
Trading Tools expand_moreexpand_less TeleTrade TopFX AvaTrade
Watchlists - Total Fields 7 7 6
Mobile Watchlist Yes Yes Yes
Charting - Indicators / Studies (Total) 35 30 90
Mobile Charting - Indicators / Studies 35 30 73
Trust Factors expand_moreexpand_less TeleTrade TopFX AvaTrade
Year Founded 1994 2010 2006
Publicly Traded (Listed) No No No
Bank No No No
Authorised in European Union Yes No Yes
Trust Score 67 67 93
  • check_box_outline_blankcheck_boxACY Securities
  • check_box_outline_blankcheck_boxAdmiral Markets
  • check_box_outline_blankcheck_boxAlpari
  • check_box_outline_blankcheck_boxATFX
  • check_box_outline_blankcheck_boxAvaTrade
  • check_box_outline_blankcheck_boxAxiTrader
  • check_box_outline_blankcheck_boxBDSwiss
  • check_box_outline_blankcheck_boxBlackBull Markets
  • check_box_outline_blankcheck_boxCapital.com
  • check_box_outline_blankcheck_boxCity Index
  • check_box_outline_blankcheck_boxCMC Markets
  • check_box_outline_blankcheck_boxDooPrime
  • check_box_outline_blankcheck_boxeasyMarkets
  • check_box_outline_blankcheck_boxEightcap
  • check_box_outline_blankcheck_boxeToro
  • check_box_outline_blankcheck_boxExness
  • check_box_outline_blankcheck_boxFineco Bank
  • check_box_outline_blankcheck_boxFOREX.com
  • check_box_outline_blankcheck_boxForex4you
  • check_box_outline_blankcheck_boxFP Markets
  • check_box_outline_blankcheck_boxFXCM
  • check_box_outline_blankcheck_boxFXOpen
  • check_box_outline_blankcheck_boxFXPrimus
  • check_box_outline_blankcheck_boxFxPro
  • check_box_outline_blankcheck_boxGBE brokers
  • check_box_outline_blankcheck_boxGKFX
  • check_box_outline_blankcheck_boxHFM
  • check_box_outline_blankcheck_boxHYCM (Henyep)
  • check_box_outline_blankcheck_boxIC Markets
  • check_box_outline_blankcheck_boxIG
  • check_box_outline_blankcheck_boxInteractive Brokers
  • check_box_outline_blankcheck_boxIronFX
  • check_box_outline_blankcheck_boxLegacyFX
  • check_box_outline_blankcheck_boxLibertex (Forex Club)
  • check_box_outline_blankcheck_boxMarkets.com
  • check_box_outline_blankcheck_boxMoneta Markets
  • check_box_outline_blankcheck_boxOANDA
  • check_box_outline_blankcheck_boxOctaFX
  • check_box_outline_blankcheck_boxPepperstone
  • check_box_outline_blankcheck_boxPlus500
  • check_box_outline_blankcheck_boxRoboForex (RoboMarkets)
  • check_box_outline_blankcheck_boxSaxo Bank
  • check_box_outline_blankcheck_boxSpreadex
  • check_box_outline_blankcheck_boxSwissquote
  • check_box_outline_blankcheck_boxTD Ameritrade
  • check_box_outline_blankcheck_boxTeleTrade
  • check_box_outline_blankcheck_boxThinkMarkets
  • check_box_outline_blankcheck_boxTickmill
  • check_box_outline_blankcheck_boxTMGM
  • check_box_outline_blankcheck_boxTopFX
  • check_box_outline_blankcheck_boxTrade Nation
  • check_box_outline_blankcheck_boxTrade360
  • check_box_outline_blankcheck_boxTradeo
  • check_box_outline_blankcheck_boxTrading 212
  • check_box_outline_blankcheck_boxUFX
  • check_box_outline_blankcheck_boxVantage
  • check_box_outline_blankcheck_boxVestle
  • check_box_outline_blankcheck_boxVT Markets
  • check_box_outline_blankcheck_boxXM Group
  • check_box_outline_blankcheck_boxXTB
  • check_box_outline_blankcheck_boxXtrade
Compare 0 of 5
arrow_upward
close