Score
TELA
http://www.telaforex.vip/index.html
Website
Rating Index
Environment
Environment
AA
Average transaction speed (ms)
MT4/5
White Label
TelaGroupLimited-Live
Environment
Speed:AAA
Slippage:AA
Cost:A
Disconnected:C
Rollover:C
MT4/5 Identification
MT4/5 Identification
White Label
Contact
No valid regulatory information, please be aware of the risk!
- It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
A Visit to TELA in Canada – No Office Found
The survey team went to Canada to visit forex broker TELA as scheduled, but did not find the company at the regulatory address. It indicates that the broker may just register at the address without a physical business office. Accordingly, investors are advised to make a sensible decision following much deliberation.
A Visit to TELA in Canada – No Office Found
The survey team went to Canada to visit forex broker TELA as scheduled, but did not find the company at the regulatory address. It indicates that the broker may just register at the address without a physical business office. Accordingly, investors are advised to make a sensible decision following much deliberation.
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
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Environment
Website
telafx.com
54.157.61.45telaforex.vip
47.243.83.113
Genealogy
Relevant Enterprises
Company Summary
| TELA Review Summary | |
| Founded | 1994 |
| Registered Country/Region | Hong Kong |
| Regulation | No regulation |
| Market Instruments | Forex, commodities, CFDs |
| Demo Account | / |
| Leverage | / |
| Spread | / |
| Trading Platform | MT4 |
| Minimum Deposit | 100 USD |
| Customer Support | Phone: +86 0512-57660006E |
| Email: tlsales@telaforex.viptlsales@telaforex.vipDisclaimer | |
| Business Address: SHOP 1 ON THE LOWER GROUND FLOOR GOLDEN LEAGUE BUILDING NOS.76-82 CASTLE PEAK ROAD KOWLOON HONG KONG CHINA | |
| Regional restrictions | The United States, Singapore, Hong Kong, North Korea and Iran |
TELA Information
Tela Group Limited, short for TELA, founded in 1994, is an unregulated brokerage registered in Hong Kong. The trading instruments it provides cover foreign exchange, commodities, and CFDs.

Pros and Cons
| Pros | Cons |
| Multiple trading instruments | Lack of regulation |
| MT4 trading platform supported | No payment methods information |
| One-to-one butler service | No fee information |
| No account information |
Is TELA Legit?
TELA is unregulated, which means traders need to be more careful when trading through TELA.

What Can I Trade on TELA?
TELA offers traders the opportunity to trade foreign exchange, commodities, and CFDs.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| CFDs | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |

Trading Platform
TELA's trading platform is MT4, which supports traders on PC, Mac, iPhone and Android.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | PC, Mobile | Beginners |
| MT5 | ❌ | / | Experienced traders |


Keywords
- 2-5 years
- Suspicious Regulatory License
- White label MT4
- Regional Brokers
- High potential risk
User Reviews 15
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Comment 15

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688时尚
Hong Kong
Scam platform, manipulating funds through various channels, withholding withdrawals, MT4 account was deleted. Contacted the agent, Chengxi, through certain channels but they denied responsibility and keep stalling! There are numerous difficulties in withdrawing funds.
Exposure
688时尚
Hong Kong
It's a private platform with withdrawals controlled privately. Withdraw as soon as possible, as they are likely to stop allowing withdrawals soon. The so-called boss "Cheng Xi" is now ignoring concerns.
Exposure
柳锁凤
Hong Kong
I met the owner of this platform named Chengxi online. She was live streaming and claimed that her platform guarantees capital preservation. I invested 100,000 US dollars, but she lost the money shortly after. Worried, I wanted to withdraw early, but she said I would have to bear a 30% loss if I did. I agreed, but she still didn't allow me to withdraw. She also owes me around 570,000 yuan. This is a private scheme, not a real foreign exchange platform. She has pocketed all the money.
Exposure
FX1128183986
Hong Kong
They promised safety and capital preservation during investment, but once I invested, they refused to let me withdraw money. They keep delaying on WeChat without any resolution, and I still need the 100,000 RMB. Boss Cheng should compensate me quickly.
Exposure
耿远红
Hong Kong
I invested $10,000, about 73,000 RMB, under a capital-preservation partnership. It was agreed that profits would be shared monthly. I gradually retrieved 57,193.26 RMB, but there's still about 16,000 RMB outstanding. Then they changed my account details and denied me access to log in. The boss, Cheng Xi, with whom I have chat records, said he would pay gradually but now ignores me entirely.
Exposure
688时尚
Hong Kong
Withdrawals have not been made since April, and TM4 data has been forcibly deleted.
Exposure
688时尚
Hong Kong
I initiated a withdrawal of over 50,000 in April, but the platform has been transferring only 5,000 at a time, often excusing itself by claiming lack of platform capacity! I am currently still owed over 30,000. They are unresponsive to messages and ignoring my communications! The platform has evidently absconded; everyone should be cautious. I can no longer log into my MT4 account, and all trading records have disappeared! Attempts to negotiate with customer service have been fruitless, and the operational agents just keep delaying and now do not respond at all. Please steer clear of this platform and seek help immediately. I request WikiFX's intervention to help recover the funds.
Exposure
Tan Wei Jie
Singapore
Forex and metals trading is pretty smooth, no complaints there
Positive
Ed Miller
United Kingdom
MT4 rarely crashes, and the charting tools are good too. However, I wish the spreads were more stable, quite frustrating when volatility impacts trade costs.
Neutral
11158
Hong Kong
The position has been closed, but the funds cannot be withdrawn. It keeps showing pending review. Is it a scam?
Exposure
SUN2995
Hong Kong
The variety of trading options kept things exciting and their client support was impressive. Also, the separation of client and operational funds really stood out to me.
Positive
688时尚
Hong Kong
The withdrawal failed to arrive for more than a month. No customer service communication, nothing useful. The amount has been deducted from mt4, but it has not been received yet.
Exposure
688时尚
Hong Kong
The money withdrawn on April 11th was rejected the next day. The contact person said that my bank information was not filled in and asked me to resubmit for withdrawal review. It has been delayed until now, and there is no explanation.
Exposure
messi139
Hong Kong
Delayed withdrawal, too slow to withdraw ...... It has been submitted for a long time.
Exposure
乘914
Hong Kong
Unable to withdraw profits; balance deducted for no reason; unable to contact brokerage
Exposure