Abdul Faiad , Morocco

18 Feb, 16:38

This is the first broker that does not impose restrictions on the minimum deposit size in my memory. And it is a bit strange. After all, as I see it, the brokerage business should be profitable. As for me, every company earns when its clients trade a lot and do it with large volumes. For example, if a TeleTrade client trades 100 lots per month, the company will receive a generous commission in the spread. If he trades 1 or 0.5 lots per month, the broker does not benefit at all. IMHO. I could be wrong, of course. But while I don't understand why the company has no restrictions on the minimum possible deposit. Perfectly, TeleTrade has both demo and Cent accounts to start working in the financial markets. It makes it much easier for a trader who is just beginning to trade. A large amount of technical analysis, education materials, and trading signals also positively affect the trading results. But I don't understand the point about the deposit. Maybe it's just a marketing ploy? Perhaps, the client can deposit any amount but really start trading with a certain amount? I don't know. And I'm interested in it. I have been trading on a demo account in TeleTrade for now. And I'm looking to answer my question.

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