How to start copying trades of successful traders?
FIRST OF ALL, YOU NEED TO OPEN A TRADING ACCOUNT WITH TELETRADE
You can do this in your Client Login. You can deposit your account via a bank transfer or by using one of the payment systems (the list of payment systems TeleTrade cooperates with is provided in your Client Login).
In your Client Login, please enter the contract number of the Trader of your choice, and press the 'Connect' button. The system will automatically start copying trades from the trading account of the selected Trader to the Investor's trading account
WITH TELETRADE INVEST, YOU CAN COPY TRADES OF MULTIPLE TRADERS
This lowers the risk of loss incurred due to individual failure and allows the Investors to enhance the total returns on investments. The Investor can combine the trading results of various Traders using different strategies and having different yields, which will ensure more stable financial performance. Apart from that, copying trades from multiple Traders will decrease losses from a potential failure of one of those Traders.
To copy trades from multiple Traders' accounts, you need to open multiple trading accounts (on a “one account per one Trader” basis). Such approach allows you to maintain the transparency when assessing the effectiveness of every Trader's investment strategy.
You can open a new trading account in your Client Login – it doesn't take much time. You can deposit your accounts via the trading platform or in your Client Login by transferring money from one account to another at any moment. If the Investor notices any shortcomings in how the Trader works, the Investor can always transfer their funds from the account where trades are currently being copied to another account where trades of a more efficient Trader are being copied to, or to the account where the Investor can trade on his own.
HOW THIS WORKS
For Investors. You need to use two areas: the Client Login and our website.
1. Client Login
- Open an account
- Download a trading platform
- Select an account type (Standard/Professional)
- Decide on the amount you will deposit your account with.
TeleTrade's VIP clients are eligible to change the copying rate (please refer to 'Why is it beneficial to be a VIP client?').
- Deposit your account
- Select 'TeleTrade Invest'
- Enable trade copying from the selected Trader's account (Contract)
2. Website www.teletrade.co.uk
- Select a Trader from the Rankings