About Teleport Brokers Ltd
Who Is Teleport Brokers?
Teleport Brokers Ltd is a brokerage firm registered in Seychelles with its official address at CT House, Room 9A, Providence, Mahe. It operates under a Securities Dealer license (No SD153) granted by the Seychelles Financial Services Authority (FSA) in accordance with the Securities Act 2007. The company was incorporated on 14 September 2022 and assigned registration number 8433643-1.
The broker also references regulation by the Hong Kong Securities and Futures Commission (SFC) and the Cyprus Securities and Exchange Commission (CySEC) on certain pages of its website. However, these claims are not independently verifiable from the Seychelles registry. The firm appears to target institutional and professional clients, offering a broad range of multi-asset trading services.
Regulation and Licensing
The primary known regulator for Teleport Brokers is the Seychelles FSA, which issues a license for securities dealing. According to public records, the license status is listed as "Licensed." The Seychelles regulatory framework is based on the Securities Act 2007. It is important for traders to note that Seychelles is not generally considered a top-tier regulatory jurisdiction, and oversight may be less stringent than in major financial hubs.
The broker's website claims additional licensing from the SFC in Hong Kong and CySEC in Cyprus. We have not been able to confirm these licences through independent verification; they are presented as part of the broker's marketing. Traders should exercise caution and verify any regulatory claims directly with the respective authorities.
Products and Markets
Teleport Brokers offers direct market access to a wide array of asset classes, including equities, ETFs, bonds, futures, options, currencies, and hedge funds. The broker claims connectivity to over 50 global exchanges and more than 1 million tradable instruments. Specific exchange listings include US venues like NYSE, NASDAQ, and CBOE, as well as international exchanges in Europe, Asia, and the Middle East.
Currency pairs, futures, and options are prominent in the broker's product mix. The options offering includes over 25,000 strikes with real-time Greeks and implied volatility. Fixed income products are also available, with the broker mentioning high-yield private placements. The hedge fund marketplace allows clients to invest in a selection of funds directly from the trading account.
Account Options and Client Base
The broker promotes a single, multi-currency account that can hold all asset types. It does not list specific account tiers or minimum deposit requirements on its website. Instead, it emphasises a tailored approach, particularly for wealth managers, banks, and family offices. Private investors are also welcomed, with support from a dedicated account manager.
Features such as cross-margining, multi-account management via MAM, and direct market access are highlighted. The broker claims to serve over 50 global exchanges from one account, with no requoting or slippage. However, specific details on account opening procedures, leverage, and fees are not prominently displayed; traders would likely need to contact sales for a full account schedule.
Platform and Technology
Teleport Brokers states that it uses an advanced proprietary trading platform, though no specific commercially-available platform (such as MetaTrader 4 or 5) is named. The platform is described as supporting all instrument types, providing real-time pricing and ultra-fast execution with latency as low as 10 ms. Algorithmic traders can connect via the FIX 4.4 protocol for automated trading.
The broker also mentions a Multi-Account Manager (MAM) feature, which is popular among money managers and signal providers. The platform's options trading interface includes Greeks and implied volatility calculations. No information is provided about mobile trading apps or web-based trading.
Costs and Fees
On its website, Teleport Brokers displays indicative fees for certain exchange products. For US stock and ETF trades, it shows a fee of $0.02 USD per share with a minimum of $1 USD. For options contracts, fees start from $10 USD per contract on major US exchanges, with different minimums on other global exchanges. Currency pairs are listed with no explicit commission structure, suggesting a spread-based costing model.
The broker does not publish a full fee schedule covering all instruments or account types. Costs such as custody fees, account maintenance, and withdrawal charges are not detailed. Institutional clients are likely to negotiate custom pricing. Traders should request a complete fee breakdown before opening an account.
User Experience and Reputation
As a relatively new entrant (registered in 2022), Teleport Brokers currently has no independent user reviews available on major forums or review platforms. The broker's Scam Risk Score from FXCanary is 40 out of 100, indicating a guarded risk level. This score reflects the limited track record, the medium-tier regulatory oversight, and the absence of verified user feedback.
The lack of user reviews makes it difficult to assess the broker's performance in areas such as withdrawal processing, customer support quality, and trading execution. Traders considering this broker should proceed with caution and conduct their own due diligence, including verifying regulatory claims and testing the platform with a small deposit.
Overview compiled by FXCanary from regulatory records and public data. full Teleport Brokers Ltd review