B

Evans and Partners

6/10

Teletrade

6.7/10
5/10RegulationTied5/10
0/10FeesWinner8/10
9/10PlatformsTied9/10
10/10Education & ResearchTied10/10
4/10WinnerDeposits & Withdrawals3.5/10
10/10SupportTied10/10

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Overview

Evans and Partners was founded in 2012 and is headquartered in USA, while Teletrade was established in 2008 and is based in Cyprus. Evans and Partners holds licences including Unregulated, while Teletrade is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Evans and Partners serves 10,000+ clients worldwide; Teletrade has 50,000+. The minimum deposit is $500 at Evans and Partners and $100 at Teletrade.

Teletrade wins this category
FeatureEvans and PartnersTeletrade
Min. Deposit$500$100
RegulationUnregulatedCyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID)
Founded20122008
CountryUSACyprus
Clients10,000+50,000+

Fees

Fees are a critical factor when choosing between Evans and Partners and Teletrade, directly affecting your bottom line as a trader. Teletrade has a lower barrier to entry with a minimum deposit of $100 (vs $500 at Evans and Partners). Neither broker charges withdrawal fees. Evans and Partners applies inactivity fees on dormant accounts; Teletrade does not. Overall, Teletrade scores higher on fees in our assessment.

Teletrade wins this category
FeatureEvans and PartnersTeletrade
Min. Deposit$500$100
Withdrawal FeesNoNo
Inactivity FeesYesNo
Deposit FeesNoNo
CFD FeesYesYes

Platforms

Evans and Partners offers MT4, MT5, cTrader, while Teletrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.

Tied
FeatureEvans and PartnersTeletrade
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4,MetaTrader 5MT4, MT5, Mac, Web Trader, Tablet & Mobile apps (Ios & Android)

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Evans and Partners and Teletrade compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. The two brokers are evenly matched on educational content.

Tied
FeatureEvans and PartnersTeletrade
Forex EducationYesYes
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistYesYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Evans and Partners accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Teletrade supports 2 (Skrill, Neteller). Evans and Partners uniquely supports bank transfer and credit/debit card among the two brokers. Teletrade uniquely supports Skrill and Neteller among the two brokers. Evans and Partners scores higher on deposit and withdrawal flexibility.

Evans and Partners wins this category
FeatureEvans and PartnersTeletrade
Bank TransferYesNo
Credit CardYesNo
PayPalNoNo
SkrillNoYes
NetellerNoYes

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Evans and Partners and Teletrade offer live chat support. Both provide phone support. Email support is available at both brokers. Evans and Partners supports 2 languages and Teletrade supports 15, giving Teletrade broader global reach. Both brokers are comparable on support quality.

Tied
FeatureEvans and PartnersTeletrade
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian