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Score

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/10
The WikiFX Score of this broker is reduced because of too many complaints!

TELA

Hong Kong | 2-5 years | Environment AAA |
Suspicious Regulatory License | White label MT4 | Regional Brokers | High potential risk

http://www.telaforex.vip/index.html

Website

Rating Index

Environment

Environment

AAA

Average transaction speed (ms)

166.8 Perfect

MT4/5

White Label

TelaGroupLimited-Live

Hong Kong
MT4
5
The WikiFX Score of this broker is reduced because of too many complaints!

Environment

Speed:AAA

Slippage:A

Cost:A

Disconnected:B

Rollover:AA

MT4/5 Identification

MT4/5 Identification

White Label

5
Server Name
TelaGroupLimited-Live MT4
Server Location Hong Kong

Contact

tlsales@telaforex.vip
http://www.telaforex.vip/index.html
FLAT/RM B 5/F GAYLORD COMMERCIAL BUILDING114-118 LOCKHART ROAD HONGKONG CHINA

Licenses

No valid regulatory information, please be aware of the risk!

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

688时尚

Unverified

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

04-17

688时尚

Unverified

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

2024-11-25

柳锁凤

Unverified

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

2024-11-18

FX1128183986

Unverified

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

2024-11-18

耿远红

Unverified

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

2024-11-13

688时尚

Unverified

Hong Kong

Withdrawals have not been made since April, and TM4 data has been forcibly deleted.

Exposure

2024-11-04

688时尚

Unverified

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

2024-08-29

Tan Wei Jie

Unverified

Singapore

Forex and metals trading is pretty smooth, no complaints there

Positive

2024-07-22

Ed Miller

Unverified

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

2024-06-28

11158

Unverified

Hong Kong

The position has been closed, but the funds cannot be withdrawn. It keeps showing pending review. Is it a scam?

Exposure

2024-06-20

SUN2995

Unverified

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

2024-05-15

688时尚

Unverified

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

2024-05-13

688时尚

Unverified

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

2024-04-18

messi139

Unverified

Hong Kong

Delayed withdrawal, too slow to withdraw ...... It has been submitted for a long time.

Exposure

2024-02-09

乘914

Unverified

Hong Kong

Unable to withdraw profits; balance deducted for no reason; unable to contact brokerage

Exposure

2023-06-05

15
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velocityIcon
Average execution speed/ms

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

Meta Trader 4
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Environment

Average transaction speed(ms)
166.8 Perfect
The highest transaction speed(ms)
78 Great
The highest speed of opening positions(ms)
94 Great
The highest speed of closing position(ms)
78 Great
The lowest speed of opening positions(ms)
313 Perfect
The lowest speed of closing position(ms)
234 Perfect
0USD/Lot
23.5USD/Lot Perfect
Long: -13.72USD/Lot    Short: 2.56USD/Lot Poor
Long: -33.28USD/Lot    Short: 22.38USD/Lot
Average slippage
-0.9 Good
Maximum transaction slippage
0 Perfect
Maximum positive slippage
0
Maximum negative slippage
0 Perfect
Average disconnection frequency (times/day)
0 Perfect
Average reconnection time (millisecond/per request)
0
Ranking: 20 / 130
Test user 274
Orders 1,748
Ocuppied margin $515,258 USD
Data Source
WikiFX Data provide
Updated: 2025-06-13 01:00:00

Website

telafx.com
54.157.61.45
telaforex.vip
47.243.83.113

Genealogy

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Relevant Enterprises

TELA GROUP LIMITED(Hong Kong)
Active
Hong Kong
Registration No. 1904779
Established 2013-05-09
Related sources Website Announcement

Company Summary

TELA Review Summary
Founded1994
Registered Country/RegionHong Kong
RegulationNo regulation
Market InstrumentsForex, commodities, CFDs
Demo Account/
Leverage/
Spread/
Trading PlatformMT4
Minimum Deposit100 USD
Customer SupportPhone: +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 restrictionsThe 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.

TELA's homepage

Pros and Cons

Pros Cons
Multiple trading instrumentsLack of regulation
MT4 trading platform supportedNo payment methods information
One-to-one butler serviceNo fee information
No account information

Is TELA Legit?

TELA is unregulated, which means traders need to be more careful when trading through TELA.

No license

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 products

Trading Platform

TELA's trading platform is MT4, which supports traders on PC, Mac, iPhone and Android.

Trading PlatformSupported Available Devices Suitable for
MT4PC, MobileBeginners
MT5/Experienced traders
MT4 on PC
MT4 Mobile

Keywords

  • 2-5 years
  • Suspicious Regulatory License
  • White label MT4
  • Regional Brokers
  • High potential risk

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