TeleTrade Invest is a service that provides proportional copying of trading transactions from a Trader Account to linked Investor Accounts. If during the accounting period the accumulated result of transactions copied to an Investor Account is positive, then the Trader gets a commission reward set on the profit.
Trading transactions are copied to an Investor Account, starting with a new trading transaction executed by a Trader Account.
Pending orders are not copied to an Investor Account. Copying of trading transactions executed in the Trader Account via pending orders is carried out at the moment the respective orders are activated.
The volume of a trading transaction copied by a Trader is calculated based on the ratio of the Investor's funds to the Trader's funds:
Volume of Investor's transaction = Ratio х Investor's fundsTrader's funds x Volume of Trader's transaction
The funds include the account balance, unrealized result on open positions, and credits if these are provided by the company.
Yes, s/he can. If an Investor has changed any parameter (StopLoss, TakeProfit) of an open trade or has partly closed an open position, this trade is now to be managed by the Investor.
A trade that is now to be managed by the Investor means that closing of this trade will not be carried out when a respective trading transaction is executed on the Trader Account, and the Investor is now required to monitor this trade and close it by himself.
For every profitable transaction copied to the Investor Account, a commission fee is charged in the amount set by a respective Trader, carrying a comment as follows: "cmsn lock." This commission fee is charged from the Investor Account and is reserved on a special retention account. The funds accrued in the retention account are distributed between the Investor and Trader during the settlement procedure.
Retention Account is a special account in which commission is accrued on profitable trades copied to an Investor Account. The accumulated commission is distributed between an Investor and Trader while carrying out the settlement procedure. A retention account is meant to protect the Investor's and Trader's interests as the Investor is not able to withdraw the funds payable to the Trader, and the Trader is not able to receive a bigger commission reward than the reward the Trader is entitled to based on the total performance results over an accounting period.
Settlement between an Investor and Trader is carried out in the set period provided that there are no open replicated positions on the Investor Account.
The Trader's reward is a part of the profit accrued from the copied trades on the Investor's Account. It is charged from the retention account and credited to the Trader's trading account, carrying a comment as follows: "cmsn from." The rest of the funds in the retention account are returned to the Investor Account, carrying a comment as follows: "cmsn return."
A trading account from which trading transactions are replicated (copied) to other trading accounts connected to this trading account via the TeleTrade Invest service.
It means copying of trading transactions from the Trader Account to a respective trading account of an Investor.
Means partial refund of the commission accrued by the Trader during the settlement procedure via transfer to the Investor Account. Returns of commission to an Investor are executed via a balance transaction to the Investor Account with a comment as follows: "cmsn return from Trader Account Number".
Investor Account is a trading account opened with TeleTrade, which is registered as an Investor Account under the TeleTrade Invest project.
To open an Investor Account, you are required to:
To link an Investor Account to a Trader Account, you are required to:
To disconnect an Investor Account from a Trader Account, you are required to:
To achieve the maximum financial transparency in interaction between an Investor and Trader under the TeleTrade Invest project, one Investor Account can only be linked to one Trader Account. To create a portfolio of Traders, it is recommended to open multiple Investor Accounts and link them to respective Traders.
A Client of the Company, who has registered a trading account as an Investor Account under the TeleTrade Invest service in order to be able to copy trading transactions from a Trader Account chosen by the Investor, to his/her Investor Account.
Trader Account is a special account registered with TeleTrade as a trading signal provider under the TeleTrade Invest project.
To ensure the interests of Investors, the volume of equity in the Trader Account must be at least 2,000 USD.
To open a Trader Account, you need to:
A Client of the Company who has registered a trading account as a Trader Account under the TeleTrade Invest service, or a provider of trading signals acting via a trading account connected to the TeleTrade Invest service. A Trader doesn't have access to Investor's funds and is never involved in the management of Investors' funds, but rather operates solely as a provider of trading signals that are copied to the linked Investor Accounts.
This is a unique personalized code that identifies a Trader within the TeleTrade Invest service, which includes the Trader's Offer. By using a Trader's Contract, an Investor can select a respective Trader for linking to his Trader Account.
The Trader Account's yield is calculated based on the daily change in the account balance. No balance operation is included in the calculation of yield. This means that the yield data only reflect the results of the trading transactions on the Trader Account.
The volatility of daily yield means a measure that reflects the extent of yield fluctuations in regard to its average value. Yield fluctuations are a risk. High fluctuations mean a high risk.
Risk is a normalized measure for fluctuations of daily yield over the last 14 trading days. If this value is high (5), it means that the Trader allows for high yield fluctuations, i.e. he uses aggressive trading strategies. A low value (1) indicates that the Trader's strategy is conservative.
The current drawdown is the measure characterizing the current trading account balance (yield) in regard to its historical peak yield value.
The maximum drawdown is the measure characterizing the maximum decline in yield in relation to the previous local peak, which has ever been attained in the Trader Account's historical performance.
The recovery factor is a characteristic of the Trader Account's results, which is calculated as the ratio of the current yield to the maximum drawdown. The recovery factor illustrates to which extent the yield exceeds the maximum drawdown depth. When comparing two Traders that have the same yield, the best one would be the one whose recovery factor is higher, because his yield has been achieved with a lesser drawdown.
The Sharpe ratio is a measure of the Trader's performance, which is calculated as the ratio of yield to yield volatility (fluctuations in yield). Yield fluctuations are a risk. High fluctuations sre a high risk, and these should bring a high profit. When comparing two Traders that have the same yield, the best among the two is the one who has a higher Sharpe ratio, because his yield has been achieved with lower risks.
Trader Account which is not listed on the Company's websites.
Trader Account, which is listed in the publich Traders' Rankings and available for viewing by all clients of the Company in the Company's websites.
The offer to potential investors to link their trading accounts to the Trader Account under the commercial terms set by the Trader:
Means the ratio of copying trading transactions from a Trader Account to an Investor Account, which is set by the Investor while connecting his Investor Account to a Trader Account.
The commission fee for a trading transaction is calculated based on the financial performance of respective transactions, regardless of whose control the transaction was under. The commission fee is charged against the Investor Account via a balance transaction carrying a memo: "cmsn lock for re. #Investor order ticket", and is reserved on a special retention account until the settlement procedure is carried out between the Investor and the Trader.
Means the procedure of distributing the commission accrued in the retention account between the Investor Account and Trader Account.
Risk Warning: Trading Forex and CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work both to your advantage and disadvantage. There is a possibility that you may lose all of your initial investments, so you should not risk more than you are prepared to lose. Prior to trading you should make sure you fully understand all the risks involved and take into consideration your level of experience and financial situation. TeleTrade strives to provide you with all the necessary information and protective measures, but if the risks seem still unclear to you, please seek independent advice.
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Participation of TeleTrade in the self-regulating organizations: TeleTrade Group of Companies commits to the development of the regulations of financial markets. We are interested in having a qualitative legal framework that will ensure the most comfortable conditions for all Forex market participants operating in the country.
TeleTrade is one of initiators of creation of the self-regulating organization for non-profit partnership «Centre for Regulation of Off-exchange Financial Instruments and Technologies», and one of the members of the Financial regulation Agency of the Russian participants of the international financial markets.