B

Teletrade

6.7/10

Vanguard Investments

6.9/10
5/10RegulationTied5/10
8/10FeesWinner10/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research6/10
3.5/10Deposits & WithdrawalsWinner4/10
10/10SupportTied10/10

BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.

Overview

Teletrade was founded in 2008 and is headquartered in Cyprus, while Vanguard Investments was established in 2008 and is based in United States. Teletrade holds licences including Cyprus Securities and Exchange Commission (CySEC), while Vanguard Investments is regulated by Office of the Comptroller of the Currency among others. Teletrade serves 50,000+ clients worldwide; Vanguard Investments has 10,000+. The minimum deposit is $100 at Teletrade and $0 at Vanguard Investments.

Vanguard Investments wins this category
FeatureTeletradeVanguard Investments
Min. Deposit$100$0
RegulationCyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID)Office of the Comptroller of the Currency
Founded20082008
CountryCyprusUnited States
Clients50,000+10,000+

Fees

Fees are a critical factor when choosing between Teletrade and Vanguard Investments, directly affecting your bottom line as a trader. Vanguard Investments has a lower barrier to entry with a minimum deposit of $0 (vs $100 at Teletrade). Vanguard Investments charges withdrawal fees while Teletrade does not, giving Teletrade an edge for frequent withdrawers. Vanguard Investments applies inactivity fees on dormant accounts; Teletrade does not. Overall, Vanguard Investments scores higher on fees in our assessment.

Vanguard Investments wins this category
FeatureTeletradeVanguard Investments
Min. Deposit$100$0
Withdrawal FeesNoYes
Inactivity FeesNoYes
Deposit FeesNoNo
CFD FeesYesNo

Platforms

Teletrade offers MT4, MT5, cTrader, while Vanguard Investments supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Vanguard Investments supports social and copy trading features, which Teletrade does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureTeletradeVanguard Investments
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, MT5, Mac, Web Trader, Tablet & Mobile apps (Ios & Android)MT4,Desktop,Android,iPhone,Mac

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Teletrade and Vanguard Investments 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. Teletrade scores higher overall in education and research.

Teletrade wins this category
FeatureTeletradeVanguard Investments
Forex EducationYesNo
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistYesNo

Deposits & Withdrawals

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

Vanguard Investments wins this category
FeatureTeletradeVanguard Investments
Bank TransferNoYes
Credit CardNoYes
PayPalNoNo
SkrillYesNo
NetellerYesNo

Support

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

Tied
FeatureTeletradeVanguard Investments
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, RussianEnglish, and Chinese