Earn (formerly TeleTrade Europe) at a glance
Originally established in Europe as TeleTrade Europe under CIF licence holder TeleTrade-DJ International Consulting Ltd (licensed in 2011), the European brokerage underwent a strategic restructuring and corporate rebrand to become Earn (operated by Top Markets Solutions Ltd). Regulated by the Cyprus Securities and Exchange Commission (CySEC Licence No. 158/11) and operating in full compliance with MiFID II, Earn transitions beyond retail FX/CFD trading into a comprehensive wealth and multi-asset investment broker providing direct market access to over 1 million instruments—including real physical shares, exchange-traded funds (ETFs), bonds, options, and futures—via proprietary web, mobile, and institutional execution terminals.
Earn (formerly TeleTrade Europe) reports a founding year of 2011 and a head office in 1070 Agios Antonios, Nicosia - Cyprus. It lists 3 regulators and 7 trading platforms.
BrokerBazaar verdict
Earn (Top Markets Solutions Ltd, formerly TeleTrade-DJ International Consulting Ltd) represents the modern European evolution of legacy broker TeleTrade Europe. Holding CySEC authorization (Licence No. 158/11) since 2011, the firm has transformed from a conventional retail forex broker into a multi-asset securities powerhouse offering over 1 million physical shares, bonds, and derivatives. With segregated European/Swiss banking custody and ICF coverage up to €20,000, counterparty default risk is low.
Legal entities, regulation and licences
Earn (formerly TeleTrade Europe) operates through 1 legal entity, each supervised separately. Your account is with one specific entity, so the protections you receive depend on which one onboards you, not on the group's strongest licence. Overall, the group is supervised by no regulator we could map to a public register.
Licence check: Not independently checked. This broker has submitted its details. BrokerBazaar has not yet independently checked them. A company registration or general business licence is not permission to offer regulated brokerage services; only the register entries linked in the table count.
Countries accepted and restricted
Earn (formerly TeleTrade Europe) states that it accepts clients from European Union / EEA member states (Passported across Germany, France, Italy, Spain, Poland, etc., excluding Belgium and sanctioned countries; non-EU clients restricted subject to onboarding verification). Availability is decided per entity and can change without notice; residents of jurisdictions such as the USA, and often the EU and UK, are frequently excluded from offshore entities.
Known restrictions flagged in our review: Retail leverage on derivative instruments is strictly restricted to 1:30 in compliance with ESMA regulations.
Trading products, platforms and account types
Instruments: Real Physical Equities (US, European, Asian Exchanges), Sovereign & Corporate Bonds (80, 000+ bonds), ETFs (2, 000+ funds & UCITS), US Stock Options (900, 000+ contracts), Futures Contracts, Forex Pairs, Precious Metals, Commodities. Platforms: Earn Web Platform, Earn Broker Mobile App (iOS / Android), MetaTrader 4 (Legacy), MetaTrader 5 (Legacy), Institutional Web Trader, MT5, Earn.Broker. Account types: Individual Investment Account, Margin Lending Account, Professional Account, Corporate Account, Demo Account.
Best-for tags assigned by our team: Multi-Asset Investing, Real Physical Equities, Global Bonds, Options Trading, CySEC Regulated, European Investors, High-Net-Worth Individuals, Portfolio Management.
Minimum deposit, spreads, commissions and other charges
The minimum deposit is $100 (€100 / $100 baseline deposit for standard retail accounts; specialized wealth and margin lending tiers scale higher depending on asset class). Spreads start from From 0.0 pips and commission is Variable per asset class: comp…. Maximum leverage is 1:30 (fixed), subject to the cap of the entity that holds your account.
Swap-free / Islamic account: available (yes). Swap type: not specified. Headline spreads are usually quoted for the most expensive account tier's cheapest instrument; compare total cost for your typical trade.
Deposits and withdrawals
Deposit methods: SEPA Bank Wire Transfer, SWIFT Wire Transfer, Credit / Debit Card (Visa / Mastercard), European Electronic Payment Gateways. Withdrawal methods: Bank Wire Transfer (SEPA / SWIFT), Credit / Debit Card.
Withdrawal speed and fees are set by the entity and payment provider. Withdrawal delays are the most common complaint category on BrokerBazaar across all brokers; keep identity documents current and withdraw to the same method you deposited with where required by anti-money-laundering rules.
Execution model, negative balance protection and client money
Negative balance protection: Yes. Scalping allowed: Yes. Algorithmic trading allowed: Not specified. News trading allowed: Yes. Hedging: netting. These conditions were compiled from public information and have not yet been confirmed by the broker.
Client-money rules follow the regulator of the entity that holds your account. Check that regulator's rules on its register.
Complaints and dispute process
Formal complaints: complaints@earn.eu. Phone: +357 22 514 442. Client complaints are processed by the Legal and Compliance Department of Top Markets Solutions Ltd at 11 Olympias Street, Nicosia, Cyprus. For European retail clients, disputes that cannot be settled internally within statutory timeframes can be escalated directly to the Financial Ombudsman of the Republic of Cyprus or submitted via CySEC alternative dispute resolution mechanisms. Client funds are strictly safeguarded in segregated trust accounts with established European and Swiss banking partners, completely ring-fenced from operational capital. Retail accounts are protected by the Cyprus Investor Compensation Fund (ICF), providing statutory compensation up to €20,000 per person in the event of broker default or insolvency.
If the broker does not resolve a complaint, escalate to the ombudsman or regulator of the entity that holds your account. BrokerBazaar's Dispute Support Desk can help you document and escalate a case.
Strengths and limitations
- Strength: Over a decade of continuous European regulatory standing under CySEC (Licence 150/11 / 158/11) with MiFID II passporting
- Strength: Vast instrument catalogue exceeding 1,000,000 global assets, including real physical shares, bonds, and options
- Strength: Securities recorded in the client's legal name via global custodians with full corporate action participation
- Strength: Client funds segregated in Tier-1 European and Swiss banking institutions backed by the Cyprus ICF (€20,000)
- Strength: Provides advanced portfolio management services and institutional margin lending up to 1:4 on securities
- Limitation: Rebranding from legacy brand TeleTrade Europe creates potential identity confusion with offshore TeleTrade entities
- Limitation: Platform ecosystem has shifted toward proprietary investment terminals away from primary MetaTrader focus
- Limitation: Retail leverage on derivative instruments is strictly restricted to 1:30 in compliance with ESMA regulations
- Limitation: Advanced algorithmic tools and high-level execution features are primarily geared toward HNWI and professional accounts
- Limitation: Service is unavailable to residents of the United States, Canada, Japan, and Belgium
Who this broker suits, and who it does not
Earn (formerly TeleTrade Europe) is most relevant to traders looking for: Multi-Asset Investing, Real Physical Equities, Global Bonds, Options Trading, CySEC Regulated, European Investors, High-Net-Worth Individuals, Portfolio Management.
It is less suitable for anyone who needs a strict-tier regulator in their own country of residence, for residents of restricted jurisdictions, and for beginners who have not yet understood leverage and margin. Nothing on this page is personal financial advice.
Earn (formerly TeleTrade Europe) change history
Every published fact change, with the previous value and the date it took effect. Each entry says whether the broker made the change itself or our editors checked it against an official source. Regulation and licence claims are always checked by an editor.
No fact changes recorded for Earn (formerly TeleTrade Europe) yet. Changes appear here as soon as the broker updates its profile or our editors confirm a change.
Frequently asked questions about Earn (formerly TeleTrade Europe)
Data sources. Broker submission, the regulator registers linked above, CySEC register entity page 37588; FSMA party record, web-archive and domain records, and third-party traffic data. Last register check 2026-10-10. External ratings: Apple App Stor 4.6/5; Google Play Store 4.4/5; Trustpilot 3.5/5; Forex Peace Army 3.12/5; ForexBrokers.com (2025 Trust Score 71/99; Verify.Trading (Risk Assessment) 82/100.
Commercial disclosure. BrokerBazaar is independent and not owned by any broker. We may receive a referral fee if you open an account with Earn (formerly TeleTrade Europe) through our links; this never affects scores or verification. How we make money. Trading leveraged products carries a high risk of loss.