Wikilix
Contract reading

What TeleTrade legally published, but does not want you to read

Every clause below is published by TeleTrade itself, on its own website, today. The finding is not that the text exists. It is the distance between what a client is shown and what a client agreed to. Read from its own documents on .

Contracting entity: Teletrade D.J. LLC

sole discretionbonus lockmarketing gapwithdrawalsprofit voidingdeemed acceptanceforum waiverhidden feeunilateral amendmentcounterparty risk

Teletrade D.J. LLC is registered in St Vincent and the Grenadines and names no regulator in any of its documents. Its trading rules let it void your trades and profits on suspicion alone, judged by itself. You get three business days to complain about a trade, counted from the day it happened. A promotion sold as risk-free sits above a risk notice saying you can lose more than your balance.

Back to TeleTrade

Contract risk

Money at risk
8.5/10

Where this contract sitsHow far this contract goes, overall. Under 2 is nothing beyond the ordinary; 6 to 9 means several clauses put money you have already earned at risk; 9 and above reads as designed to make payout refusable.

0510
CriticalClauses that can cost you money you have already earned or deposited, or that remove your ability to challenge it.
6
FlaggedEvery clause worth knowing about, at all three severities. Ordinary terms that every broker has are not counted.
17
DocumentsHow many of the broker's own legal files this reading is based on. Each one was downloaded and hashed on the date shown.
16
ContradictionsPlaces where a promise the broker makes in public is not kept by the clause that governs it.
6

How the 17 break downThe same flagged clauses, split by how much each one can cost you. Severity is our reading of the clause, not the broker's label.

Critical6
Warning7
Notice4

section 22 of 27is where the deepest clause sits, 81% of the way into the document it is in

The numbers in this contractFigures taken from this broker's own clauses, so the labels differ from broker to broker. The four in the panel above are the same on every report.

4 of these 4 figures come from a clause we rate critical, which means it can take your money or your profit rather than only delay it.

Critical2Profit at risk. Jump to the clause this comes from.Suspicion alone voids your trades and your profitCritical$50Fee on an unused account. Jump to the clause this comes from.Quiet accounts pay $50 a month, then lose the balanceCritical3 working daysTime to complain. Jump to the clause this comes from.Three business days to complain about any tradeCritical8Bonus requirement. Jump to the clause this comes from.Promotion profit needs 8 lots of turnover per $1,000

What the documents say

17 clauses worth knowing about, worst first, each quoted from TeleTrade's own files

01

TeleTrade can decide your trading was abusive and cancel what you made. Clause 7.2 needs only a suspicion, formed in its own judgement, to make every affected trade and its profit void. Clause 7.4 names one trigger: a trade opened and closed inside two (2) minutes.

In plain words

A manifest error means an obvious mistake by the broker.

Why this matters

A fast trade is a normal trade, and this clause turns it into a reason to take the money back. If TeleTrade uses it, clause 7.3 says TeleTrade itself settles the dispute, so there is nobody else to ask.

Exhibit 1CriticalHarder than usual2

will render all conducted Transactions and/or profits or losses void. The Company reserves the right to suspend, close, or cancel any Transaction resulting from a configuration error, technical issue, or if the Company suspects any fraud, manipulation, or voluntary or involuntary engagement by the Client in arbitrage unrelated to market inefficiencies.
Clause 7.2 in APPENDIX No. 8: Trading operation regulations for MetaTrader 5 - ECN account type
Downloaded from the broker's site on Open the reference
Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA or CySEC must publish how they execute orders, and may cancel an executed trade only under manifest error rules written down in advance. This contract lets TeleTrade void trades on suspicion, on a test it writes and applies itself.

TeleTrade is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

  • Worse together with Exhibit 3TeleTrade can void a profit at any time, and you have three business days from the trade to object.
02

Stop trading for three months and TeleTrade starts taking $50 a month from your balance under clause 6.11. Stop logging in for six months and it becomes $100 a month. Accounts with individual terms pay $250 a month.

In plain words

Dormancy means an account left unused.

Why this matters

The fee runs until your money is gone, because it comes straight out of your balance. Go quiet for three years and the Non-Trading Operation Regulations treat your silence as giving up the account and everything in it.

Exhibit 2CriticalRarely seen$50

USD / EUR 50 per month where the Client has not executed any trading operations during a continuous period of three (3) months; USD / EUR 100 per month for each month that the Client meets these criteria where the Client has not logged into the Trading Platform and/or Personal Area for a continuous period of six (6) months; USD / EUR 250 per month for accounts with individual arrangements
Clause 6.11 in TELETRADE D.J. LLC CLIENT AGREEMENT (INDIVIDUAL AND JOINT ACCOUNTS)
Read from the broker's site on Open the reference

What it costsA $600 balance left untouched for three months loses $50 a month. Twelve months later the account is empty, and you were never charged more than it held.

Our readingA monthly dormancy fee is ordinary. Setting it at $50 to $250 a month is not, and neither is clause 1.9.2, which treats not logging in as an act of giving up your own money. That is a device for abandoned property, pointed at a funded trading account.

What happens, and when

The stages this clause runs through, taken from the broker's own document
TriggerWhat the broker may then doClause
3 months, no tradesA $50 monthly fee starts, taken from your balance.6.11
6 months, no loginThe monthly fee rises to $100.6.11
Accounts with individual arrangementsThe monthly fee is $250.6.11
3 years, no operationsTeleTrade may close the account and treat the money in it as given up.1.9.2
4 years, no activityYour Personal Page may be archived.2.4.8
5 years, no activityThe agreement ends and your Personal Page may be deleted with no way to restore it.3.3
03

You have three business days to complain about a trade under clause 5.2.3. The clock starts the day the problem happened, not the day you noticed it. Miss it, and TeleTrade says that alone is enough to refuse your claim.

Why this matters

Three business days can be shorter than a long weekend plus one working day. A pricing problem you spot at the end of the month is already too old to raise, and clause 5.1 sends anything that survives to the courts of St Vincent and the Grenadines.

Exhibit 3CriticalHarder than usual3 working days

The claim shall be sent by the Client to the Company at least on the 3d (third) Business Day upon occurrence of the event serving as a ground for the relevant claim. The Client acknowledges that the delayed filing of a claim shall be sufficient ground for denial of its consideration.
Clause 5.2.3 in TELETRADE D.J. LLC CLIENT AGREEMENT (INDIVIDUAL AND JOINT ACCOUNTS)
Read from the broker's site on Open the reference
Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA or CySEC must run a written complaints procedure with published time limits, and must tell a retail client they can take an unresolved complaint to an independent ombudsman. This contract gives you three business days and names no outside body.

TeleTrade is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

04

TeleTrade sells its Invest Start promotion with the words zero risk and tells you your investment is secured against loss. The Risk Notification you agree to says the opposite: you can lose everything you put in, and more.

Why this matters

The promotion does cover a loss on its own promotional trade. Nothing covers the trading account you must fund with $1,000 to join, and that account is what the Risk Notification is about.

Exhibit 4CriticalRarely seen

The Client may lose all initial funds and any additional funds deposited to enhance or control the position in the market. In addition, due to market conditions, loss on positions may exceed the balance of funds available on the Client's trading account.
Clause 4 in APPENDIX No. 1: Risk Notification
Read from the broker's site on Open the reference
Set against a regulated standard: FCA (UK), ESMA (EU)

Firms licensed by the FCA or supervised under ESMA rules must keep marketing fair, clear and not misleading, and must show the share of retail clients losing money on CFDs. This page carries no loss figure and calls the product risk-free.

TeleTrade is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

Our readingRetail CFD marketing normally carries a loss warning. Advertising a guaranteed compensation for losses, in two languages, above a signed notice saying losses can exceed your balance, reverses the warning instead of qualifying it.

  • Worse together with Exhibit 6The risk-free wording brings you in, and the turnover condition decides whether any profit is ever paid.
05

Clause 4.2 lets TeleTrade take what it says you owe from your account and from other people's accounts, once its own systems decide those accounts are yours. Clause 6.5 of the trading rules lets it clear a negative balance using your other accounts.

Why this matters

Nobody outside TeleTrade checks the link. Its own technical features decide an account belongs to you, and money can then leave an account that is not in your name.

Exhibit 5CriticalRarely seen

The Company shall be entitled to withdraw the said losses from the Client's Account and/or other persons' accounts upon establishment of the Client's ownership of such accounts with the help of the Company's technical features.
Clause 4.2 in TELETRADE D.J. LLC CLIENT AGREEMENT (INDIVIDUAL AND JOINT ACCOUNTS)
Read from the broker's site on Open the reference

Our readingReaching into a third party's balance is a commercial lending device. In a retail trading contract it means someone who never agreed to your trades can have their money used to settle them, on a connection the firm draws by itself.

  • Worse together with Exhibit 1One clause decides you owe the money, the other decides whose account it comes out of.
06

To be paid anything from Invest Start you must trade 8 lots for every $1,000 you put in. The rules set one lot at $100,000 of nominal value. Fall short, or forget to close the trade, and rule 3.6.3 pays you nothing.

Why this matters

The landing page tells you profit is credited to your account. The rules decide whether it exists at all, and the turnover you must reach is 800 times what you deposited.

Exhibit 6CriticalHarder than usual8

for every USD 1,000 participating in the Promotion, a trading volume of 8 lots must be completed during the Promotion period.
Clause 3.4 in TERMS AND CONDITIONS OF THE "INVEST START" PROMOTION
Read from the broker's site on Open the reference

What it costsA $1,000 deposit needs 8 lots of turnover. At the promotion's own figure of $100,000 a lot, that is $800,000 of trading before any profit is paid.

  • Worse together with Exhibit 9You need heavy turnover to earn the profit, and touching your own money before you get there cancels the trade.

The pages that ask for your deposit do not match the documents you sign

TeleTrade advertises Invest Start as zero risk in English and as protected against losses in Spanish, while its Risk Notification says losses can exceed your whole balance. The same landing page asks for 20 lots of turnover where the promotion rules ask for 8. Three different lists of barred countries run across the contract, the AML page and the footer.

Two stories3 clauses flagged

The Client Agreement bars residents of the USA and the DPRK. The AML page bars the US, Canada and Japan. The footer on every page bars the US, Canada, Iran, the DPRK and Yemen. All three are live today.

Why this matters

If you live in Canada, Japan, Iran or Yemen, the contract you sign does not bar you but the website says TeleTrade will not serve you. Either page can be used later to say you should never have had an account.

Exhibit 12WarningHarder than usual

except persons being residents of the country of the Company registration, as well as residents of such jurisdictions, including but not limited to the USA, DPRK, and other jurisdictions in compliance with the applicable law.
Clause 6.13 in TELETRADE D.J. LLC CLIENT AGREEMENT (INDIVIDUAL AND JOINT ACCOUNTS)
Read from the broker's site on Open the reference
Our own capture of teletrade.dj, taken on Aug 31, 2026The claim, on AML Website Summary, section 5, Restriction on the provision of servicesVisit this page on the broker's siteDownload the full size image file

Buried at section 22 of 27 in the TELETRADE D.J. LLC CLIENT AGREEMENT (INDIVIDUAL AND JOINT ACCOUNTS), 81% of the way through.

The Invest Start page still carries a Join the Promotion Today button and asks you to top up your account. The promotion's own rules say it ran to 31.05.2026 and settled in May.

Why this matters

You can fund an account today for a promotion that closed three months ago. Rule 4.6 also lets TeleTrade change the promotion period at any time by publishing new dates.

Exhibit 16WarningHarder than usual

01.05.2026 – 31.05.2026 – Stage Two: final settlement upon the Client’s request.
Clause 1.6 in TERMS AND CONDITIONS OF THE "INVEST START" PROMOTION
Read from the broker's site on Open the reference
Our own capture of teletrade.dj, taken on Aug 31, 2026The claim, on English Invest Start landing page, closing call to actionVisit this page on the broker's siteDownload the full size image file
Our own capture of teletrade.dj, taken on Aug 31, 2026What the contract says, clause 1.6Visit this page on the broker's siteDownload the full size image file

The VIP page claims 30 years in the CFD industry and, in the next line, says TeleTrade has been an online leader since 2000. The page title on the promotions site says leading in CFDs since 1994.

Why this matters

A firm's age is the first thing many people check before depositing. TeleTrade gives you three answers and its own copyright line runs from 2000.

Exhibit 17NoticeStandard wording

TeleTrade provides 30 years of success in the global CFD industry
Quoted in VIPTrade by TeleTrade Unique conditions for every TeleTrade client!
Read from the broker's site on Archived copyOpen the reference

One fee is published and the rest sit behind the login

TeleTrade charges 2% for withdrawing funds you deposited but never traded, under clause 1.10 of the Non-Trading Operation Regulations. Clause 4.4 puts the withdrawal fee, the minimum, the maximum and the conversion rate on the Personal Page instead of in any published document. Clause 6.12 adds $10 for a certified account statement.

Cost disclosure1 clause flagged

Deposit money, change your mind, and take it back without trading, and clause 1.10 lets TeleTrade charge 2% of what you withdraw. The rest of the pricing is in no published document.

Why this matters

Clause 4.4 keeps the withdrawal fee, the minimum, the maximum and the conversion rate inside the client login. You cannot see what a withdrawal costs until you have opened an account and paid money in.

Exhibit 8WarningHarder than usual2%

the Company shall be entitled to charge from the Client an extra fee for non-trading operations in the amount of 2% of the amount of the funds withdrawn.
Clause 1.10 in APPENDIX No. 4: Non-Trading Operation Regulations
Read from the broker's site on Open the reference

What it costsDeposit $5,000, place no trades, then withdraw it all. The 2% charge takes $100, and $4,900 comes back.

Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA or CySEC must give a retail client the costs and charges of a service before they trade. This contract publishes one fee and leaves the rest to be posted behind a login.

TeleTrade is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

Seven business days to consider a withdrawal, and no limit on the extension

Clause 4.8 gives TeleTrade seven business days to consider any withdrawal, of any size, by any method. The same clause lets TeleTrade extend that period in exceptional cases and sets no outer limit on the extension. Clause 1.7.2 lets it restrict withdrawals by any means it chooses.

Getting paid1 clause flagged

TeleTrade gives itself seven business days to consider any withdrawal, whatever the amount or method, under clause 4.8. It can then extend that period, and the clause sets no end to the extension.

Why this matters

The grounds for extending are wide, and one of them is TeleTrade believing your activity is unusual. Clause 1.7.2 separately lets it restrict your withdrawals by any means it chooses.

Exhibit 7WarningHarder than usual7 working days

All requests for funds withdrawal, regardless of the method and amount of withdrawal, shall be considered within a period of up to seven business days. In exceptional cases, the Company retains the right to increase the said period by notifying the Client in advance
Clause 4.8 in APPENDIX No. 4: Non-Trading Operation Regulations
Read from the broker's site on Open the reference

The profit exists only after 8 lots of trading per $1,000

TeleTrade's Invest Start rules require 8 lots of turnover for every $1,000 deposited, and set one lot at $100,000 of nominal value. Rule 3.6.3 pays nothing if the condition is missed or the trade is left unclosed. Clause 2.7 of the Bonus Regulations separately lets TeleTrade cancel any bonus the moment you withdraw your own money.

Turnover conditions1 clause flagged

Take out any of your own funds and clause 2.7 lets TeleTrade cancel every bonus you were given, with no warning. Clause 2.10 lets it remove a bonus and the profit made with it whenever it suspects abuse.

Why this matters

Sharing a home connection can be enough. The abuse list counts running more than one account through shared devices or IP addresses, so a partner trading from the same address puts both bonuses at risk.

Exhibit 9WarningHarder than usual

While performing a non-trading operation of withdrawing own funds, the Company may cancel any Bonuses granted earlier to the Client's trading account without prior notice.
Clause 2.7 in APPENDIX No. 6: Bonus Application Regulations (Rules)
Read from the broker's site on Open the reference

TeleTrade rewrites the contract and you are told to check weekly

Clause 6.2 lets TeleTrade amend the Client Agreement and every appendix unilaterally. Clause 6.5 places the duty on you to visit the website at least once a week to learn what changed. Clause 6.4 applies every amendment to clients who signed before it took effect.

Changing terms1 clause flagged

Clause 6.2 lets TeleTrade change the agreement and every appendix on its own. Clause 6.5 then puts the duty on you to visit its website at least once a week to find out what changed.

Why this matters

There is no promise to email you. Clause 6.4 applies each change to clients who signed up before it, so terms you never saw still bind you.

Exhibit 10WarningHarder than usual

Any amendments to this Agreement and appendices hereto shall be made by the Company unilaterally.
Clause 6.2 in TELETRADE D.J. LLC CLIENT AGREEMENT (INDIVIDUAL AND JOINT ACCOUNTS)
Read from the broker's site on Open the reference
  • Worse together with Exhibit 3A term can change without notice while your window to object to what it caused is three business days.

TeleTrade calls the test for a doubtful payment subjective, in writing

Clause 2.2 of the Non-Trading Operation Regulations states that identifying a doubtful operation is a subjective valuation by TeleTrade, and that its published warning signs are neither mandatory nor exhaustive. Clause 1.5 lets TeleTrade suspend payments while it investigates, with no deadline. Clause 1.7.8 lets it block the trading account until the circumstances are cleared.

Doubtful payments1 clause flagged

Clause 2.2 says plainly that judging a payment doubtful is a subjective decision by TeleTrade, and that its own list of warning signs is neither compulsory nor complete. Clause 1.7 then lets it block your account and refuse your withdrawals.

Why this matters

You cannot read the rules and stay on the right side of them, because the contract says there are no fixed rules. Clause 1.5 lets TeleTrade suspend your payments while it investigates, with no deadline on the investigation.

Exhibit 11WarningHarder than usual

The principle of identification of the said operations is their subjective valuation by the Company.
Clause 2.2 in APPENDIX No. 4: Non-Trading Operation Regulations
Read from the broker's site on Open the reference

Disputes go to the courts of St Vincent and the Grenadines

Clause 6.1 of the TeleTrade Client Agreement applies the law of the company's country of registration, and clause 5.1 sends disputes to the courts there. Teletrade D.J. LLC is registered in Kingstown, St Vincent and the Grenadines. Clause 6.14 also lets TeleTrade transfer your contract to a third party without asking you.

Where you sue1 clause flagged

Clause 6.1 applies the law of the country where TeleTrade is registered, and clause 5.1 sends disputes to the courts there. That is St Vincent and the Grenadines. Clause 6.14 lets TeleTrade hand your contract to another company.

Why this matters

Suing TeleTrade means suing in the Caribbean, whatever it cost you. You are not asked to agree to the transfer under clause 6.14, so the firm holding your account can change without you.

Exhibit 14NoticeStandard wording

The Parties' relationship hereunder and any disputes arising between the Parties in connection with the performance hereof shall be governed in compliance with the law of the country of the Company's location (registration).
Clause 6.1 in TELETRADE D.J. LLC CLIENT AGREEMENT (INDIVIDUAL AND JOINT ACCOUNTS)
Read from the broker's site on Open the reference

Only TeleTrade's own quotes count as evidence of a price

Clause 3.1 of TeleTrade's trading rules makes any reference to another system's quotes unauthorised. TeleTrade also defines a non-market quote as one it recognises as wrong, deletes it from the quote base, and annuls the trades made at it. No conflict of interest policy appears anywhere in the document set.

Price evidence1 clause flagged

Clause 3.1 of the trading rules says any reference you make to prices from another system is unauthorised. TeleTrade also decides on its own when one of its quotes was wrong, and trades made at that price are cancelled.

Why this matters

If you think you were filled at a bad price, the only accepted evidence is TeleTrade's own record. No conflict of interest policy is published, so nothing tells you whether TeleTrade gains when you lose.

Exhibit 13NoticeStandard wording

Any of the Client's references to the quotes of other trading and information systems shall be unauthorized.
Clause 3.1 in APPENDIX No. 8: Trading operation regulations for MetaTrader 5 - ECN account type
Downloaded from the broker's site on Open the reference

No regulator and no compensation scheme is named in any document

None of the eleven contract documents TeleTrade publishes names a regulator, a licence number, a segregated client account or a compensation scheme. Teletrade D.J. LLC is registered in St Vincent and the Grenadines under number 2351 LLC 2022. Clause 6.9 lets your deposit be received by a payment agent, and names one in the Seychelles.

Who holds the money1 clause flagged

Across the Client Agreement and its ten appendices, TeleTrade names no regulator and no licence number. Nothing says your money is kept separate from the firm's own, and no compensation scheme is mentioned.

Why this matters

If TeleTrade fails, no document tells you where your money sits or who would pay you back. Clause 6.9 also lets your deposit be taken by a payment agent, and names one registered in the Seychelles.

Exhibit 15NoticeStandard wording

The Client's account may be replenished by transferring the funds to the Company's accounts or accounts of the payment agents authorized by the Company, including, but not limited Evalanch Ltd, CT House, Office 9A, Providence, Mahe, Seychelles.
Clause 6.9 in TELETRADE D.J. LLC CLIENT AGREEMENT (INDIVIDUAL AND JOINT ACCOUNTS)
Read from the broker's site on Open the reference
Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA or CySEC must hold retail client money in segregated accounts and belong to an investor compensation scheme that pays out if the firm fails. These documents describe neither.

TeleTrade is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

Where the marketing and the contract disagree

A promise made in public, set against the clause that governs it

01

The Spanish page promises protection against losses while the Risk Notification says losses can exceed the whole balance.

Said in public, in Spanish

Su inversión está protegida contra pérdidas.

Word for word in English: Your investment is protected against losses.

Spanish Invest Start landing page, Total Risk Protection block

In the contract · clause 4

The Client may lose all initial funds and any additional funds deposited to enhance or control the position in the market. In addition, due to market conditions, loss on positions may exceed the balance of funds available on the Client's trading account.

02

The words zero risk appear on the page that asks for the deposit, and the signed risk notice says the opposite.

Said in public, in English

TeleTrade allows you to invest in Bitcoin with high profit potential and zero risk

English Invest Start landing page, product description

In the contract · clause 4

The Client may lose all initial funds and any additional funds deposited to enhance or control the position in the market. In addition, due to market conditions, loss on positions may exceed the balance of funds available on the Client's trading account.

03

The landing page and the promotion rules give two different turnover figures for the same condition.

Said in public, in English

You can close the trade early if you have already completed a trading turnover of 20 lots for every $1,000 you have traded.

English Invest Start landing page, FAQ answer

In the contract · clause 3.4

for every USD 1,000 participating in the Promotion, a trading volume of 8 lots must be completed during the Promotion period.

04

The page invites you to join a promotion that its own rules closed on 31.05.2026.

Said in public, in English

Join the Promotion Today!!

English Invest Start landing page, closing call to action

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of teletrade.dj

In the contract · clause 1.6

01.05.2026 – 31.05.2026 – Stage Two: final settlement upon the Client’s request.

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of teletrade.dj

05

The AML page bars Canada and Japan, and the contract bars neither, while the contract bars the DPRK and the AML page does not.

Said in public, in English

The company does not serve or provide services to customers who are residents of the US, Canada, Japan and FATF blacklisted countries.

AML Website Summary, section 5, Restriction on the provision of services

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of teletrade.dj

In the contract · clause 6.13

except persons being residents of the country of the Company registration, as well as residents of such jurisdictions, including but not limited to the USA, DPRK, and other jurisdictions in compliance with the applicable law.

06

The footer names Iran and Yemen as barred and the contract names neither, and the footer contradicts the AML page directly above it.

Said in public, in English

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

Site-wide footer, shown on every page including the AML page

In the contract · clause 6.13

except persons being residents of the country of the Company registration, as well as residents of such jurisdictions, including but not limited to the USA, DPRK, and other jurisdictions in compliance with the applicable law.

The documents this reading is based on

16 files, all published by TeleTrade. Each shows when we read it and a fingerprint of its wording.

WIKILIX keeps the copy of each file it read, and does not republish it: what is published is the fingerprint of its wording. Download the file yourself and hash its text, lowercased with runs of whitespace collapsed, and a matching fingerprint means the wording quoted above is still the wording TeleTrade publishes.

How this reading was done

Every clause above was read out of a document TeleTrade publishes itself

This reading was published on .

Documents
10 of 16downloaded from the broker's site, and 10 read in full
Pages opened
45pages walked to find those documents, footer links included
Marketing pages
11public pages set against what the contract says
Languages
EN vs ESthe language it advertises in, against the language it contracts in
Position measured
1clauses whose position was counted: which numbered section of the document holds them, out of how many

Who the contract is with

Teletrade D.J. LLC

You contract with Teletrade D.J. LLC, registration number 2351 LLC 2022, at Euro House, Richmond Hill Road, P.O. Box 2897, Kingstown, St Vincent and the Grenadines. The Client Agreement names that company in its opening paragraph and every appendix repeats it in the page header. No regulator, licence number or supervisory body is named anywhere in the sixteen documents we read. Clause 6.9 also lets TeleTrade take your deposit through a payment agent and names Evalanch Ltd of Mahe, Seychelles as one, so the company holding your money when you pay it in may sit in a third country.

Quotations are copied verbatim from the documents named above, with the clause number and the page each one came from. Where a clause is quoted in another language, the original is shown first and the English is a translation.

The plain-language parts, what a clause means for a client, how ordinary it is, and how it reads against a regulated standard, are WIKILIX's analysis and are labelled as such on every card. This is a reading of public documents, not legal advice and not an allegation of wrongdoing.

In fairness, and what we could not check

A reader who knows the edges of the work can trust the middle of it

TeleTrade publishes its whole contract set in one place, free, with the version date in every filename. You can see that the Client Agreement dates from 17.11.2025 and the Non-Trading Operation Regulations from 03.04.2025. Most offshore brokers publish less. The dormancy fee is capped: clause 6.11 says it can never exceed the balance on the account, so it cannot push you into debt. Clause 7.5 refunds the original deposit when TeleTrade closes an account for prohibited trading. Clause 6.5 lets TeleTrade clear a negative balance back to zero after a forced close.

The four pages this reading started from are not the contract. TeleTrade publishes the Client Agreement and ten appendices on a separate site, our.teletrade.org, linked from its Legal Documentation page. We read the Client Agreement, the Risk Notification, the Non-Trading Operation Regulations, the Bonus Application Regulations, the Privacy Policy and the Invest Start promotion rules end to end. We read only parts of the four trading operation regulations, the Loyalty Program rules and the Synchronous Trading rules. Those four trading documents repeat each other almost word for word, and in each we read the definitions, the pricing section and the whole of section 7. No earlier copy of any of these documents exists in the public archive, so we could not compare today's wording against a previous version. The withdrawal fee, the minimum withdrawal and the conversion rate appear in none of the published documents. Clause 4.4 puts them inside the client login, which we did not open. We compared the English and Spanish marketing pages. We did not check the Russian, Vietnamese, Serbian or Ukrainian versions.

How to check any of this yourself

Every quote above links to the TeleTrade file it came from. This is what to do with it.

Open the three stepsFind the words in the source, work out the fingerprint, and read what a difference does and does not prove.

Open the source and search for the words

Every quote has a link under it. Open the file, or the web page, and search it for the words we quote. The clause number next to the quote tells you where to look.

If the words are not there any more, the source may have changed after we read it. That is worth knowing too. We keep the date we read it, and a code worked out from its wording, so the quote stays checkable.

What a fingerprint is

A fingerprint is a code worked out from what a source says. Change one word and the code changes completely. We keep two codes for every file we read, and the panel on each source shows both.

The first is the code of the exact file we downloaded. The second is the code of its wording alone, with capital letters lowered and runs of spaces collapsed. When the same words are saved as a new file, the first code changes and the second one stays the same.

Only the first code can be worked out on your own computer. Save the file, then run one of these, putting the name of the file you saved where the example is. The panel on each source prints the command with that source's real file name already in it.

macOS or Linux:
  shasum -a 256 the-file-you-saved.pdf

Windows:
  certutil -hashfile the-file-you-saved.pdf SHA256

The two codes are different from each other, and they are not meant to match. Comparing one against the other proves nothing.

What a difference means, and what it does not

A different file code on its own proves nothing. A PDF saved again with a new date inside it is a new file saying exactly the same thing.

A different wording code means the words themselves changed. That is the one that matters, and it is why we keep it.

Even then, a change is not proof of bad faith. Companies update their documents. What this report says is what the document said on the day we read it, and every quote carries that date.

A source that is a web page and not a file has no file to save, so only the code of its wording is shown.

How this report is made

Every clause quoted above comes from a document TeleTrade publishes on its own website, downloaded and hashed on the date shown, with the clause number and page recorded so any reader can check it. We do not allege anything the documents do not say, and we do not judge TeleTrade on anything other than its own published terms and its own public marketing. Where a clause has a qualifier that softens it, the report says so. Last read Aug 31, 2026.

If you represent TeleTrade and a clause has changed, been withdrawn, or is being read out of context, tell us and we will re-read the documents and update this page. Corrections from the broker are welcome and are published with the reading they change. Contact us.

This is a reading of a contract, not legal advice and not a ruling on TeleTrade. Whether its licence is real and current is a separate check on the broker profile.

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