ROMSO Cyprus Knowledge Base

TeleTrade

TeleTrade Group

Overview

TeleTrade Group is a Cyprus-based online broker that provides access to the international exchange market. The company offers financial instruments including Forex and CFDs in shares, metals, and futures.

History

The company was founded in 1994 in Russia as TeleTRADE Group of companies. In 2012, TeleTRADE Europe (TeleTRADE-DJ International Consulting Ltd) was established in Cyprus as an investment company (CIF). The company is authorized and regulated by the Cyprus Exchange and Securities Commission (CySEC) and operates in compliance with the Financial Instruments Markets (MiFID) Directive.

Services

In addition to providing trading services, TeleTrade Group offers various resources for traders, including:

* Trading opportunities using MetaTrader 4, MetaTrader 4 MultiTerminal, and MetaTrader 5 online trading platforms
* Training actions for traders with market research tools
* Daily perspectives and analysis of financial markets
* Webinars and Masterclasses

Operations

TeleTrade Group has a significant presence globally, with over 200 offices in 30 countries. However, its main focus is on Russia and Europe.

Sponsorships

The company has sponsored various events and teams, including:

* IBSF World Snooker Championship 2013
* Sail2Victory yachting team on Samsung Romania Yachting Cup 2014
* Lithuanian rally driver Renaldas Seinauskas (note: the text is incomplete in this section)

Regulation

TeleTRADE-DJ International Consulting Ltd, the Cyprus-based entity of TeleTrade Group, is licensed and regulated by CySEC. The company operates in accordance with the Financial Instruments Markets Directive (MiFID). Additionally, it is a member of the Warsaw Stock Exchange.

Note: I've kept the incomplete sponsorship section as it was in the original text, but please note that it may not be comprehensive or up-to-date.