500,000 clients, 1,000 employees, 10 years of experience, $13 billion in capital, and an office in the UAE — these are the figures and statements presented by the broker Tellltd.com. However, the number of online reviews does not match such statistics at all, and outwardly, the company looks more like a typical scam than a legitimate and secure trading organization. So, where is the catch?
The broker’s official website appears to follow a template that has been used by many other pseudo-brokerage firms. For example, AdvantageXIN with the domain advantagexin.com. Take note — the overall structure is similar, with the same top navigation layout, just different section names. Even the platform logos are identical. There are tens, if not hundreds of thousands, of such templated projects. Judging by this, Tellltd.com appears to be one of them.
The images seem to be taken from the front pages of free stock photo websites — the typical businessman in glasses against a chart background. It feels as though they are competing with other fake brokers for who can be more generic. There is not a single real photo of the team or the office. Everything is copy-pasted.
The Tellltd.com website features only three legal documents: Terms of Use, Rules for the Provision of Services, and Refund and Cancellation Policy. Where is the order execution policy? Where is the public offer agreement with the company’s full legal details? Where are the documents on privacy policy, KYC, AML, risk disclosure, or the platform’s licensing terms? None of this is available.
It is also worth noting the language availability. The site is only offered in English and Russian, which is quite odd for a company that supposedly operates in “100+ countries”. Where is the Spanish? Chinese? German? French? Even lesser-known brokers usually offer basic multilingual localization.
And most importantly, not a single claim on the website is backed by any evidence. The company boasts “$13 billion in capital” — where are the reports, the audit, and who conducted it? They mention “500,000 clients”, yet there are no verified reviews, case studies, or even names. Just attractive statements that can easily be inserted into a template to create an illusion of credibility.
The company invites clients to contact its managers via telephone or email. To our surprise, these contact details are indeed real. Typically, firms of this kind provide fake contact information.
There are no other communication channels. There is no online chat, nor is there support via messaging apps. The company also has no presence on social media. Tellltd.com offers slow and inconvenient means of communication. Nowadays, few people are willing to make phone calls, and email correspondence is notoriously sluggish. Clients will be left waiting for responses.
What stands out immediately is the company’s total lack of transparency. Tellltd.com either forgot or deliberately chose not to disclose exact commission rates and spreads, which are the most critical trading conditions. How are traders supposed to determine whether it is profitable to trade here or not? Furthermore, the broker does not offer a demo account, meaning users cannot test the platform’s functionality without risking real money.
That is not all. Another red flag is account types — or more precisely, the differences between them. The broker operates under the model “the better the plan, the more privileges and features you get”. However, to access improved account types, clients must deposit more money. There are three tiers in total:
Want better conditions? Pay more. The required deposit amounts are staggering. While the entry-level Start account appears somewhat reasonable, the second and third tiers are borderline absurd. Tellltd.com is quite literally extracting money from traders.
The order execution type is not specified, and the platform is a basic WebTrader with minimal functionality. The broker operates under a 100% B-Book business model, meaning it does not route client orders to liquidity providers but processes them internally. In this setup, a trader’s profit equals a loss for the company. And it is highly unlikely the firm intends to operate at a loss, so it will do everything it can to ensure users lose money. This is a clear conflict of interest.
The website displays an image of a “license” from the Vanuatu Financial Services Commission (VFSC), but there is no direct link to the official registry — just a picture. Moreover, the VFSC is an offshore regulator with zero oversight. Such a license does not grant the right to operate with clients from Europe, the United States, Canada, or any other major jurisdictions. In comparison, legitimate brokers like IC Markets or Admiral Markets hold licenses from ASIC (Australia), CySEC (Cyprus), and the FCA (United Kingdom), with full verification and registry access.
Furthermore, Tellltd.com is lying about being under VFSC supervision. We checked the vfsc.vu registry and found no trace of the company in question. The legal entity Tell LTD is not listed there.
Should the rest of the claims be trusted if the broker has forged a license? Of course not. The alleged 1,000 employees, 100 countries served, $13 billion in capital — all of it is just another collection of fabrications. Incidentally, the claimed founding year of 2015 is also fake. In reality, the company appeared in 2025. The domain Tellltd.com was registered on 13 January 2025 — just four months ago. That is an extremely short operating history.
There are no reviews online, or very few, and they are hard to find. This confirms that the broker is lying about having 100,000 traders. If that figure were even remotely true, there would be far more comments and mentions on the internet. However, since there are none, it’s clear that people are not trading here, because the risk is simply too high.
Tellltd.com is yet another templated project created by fraudsters. Believe us — a legitimate broker does not falsify licenses, lie about its years in operation, or invent fake statistics about its business. This behavior is the hallmark of scammers, and scammers only.
Helen always knew that her passion for journalism was more than just a hobby. It was a potential career. She began her professional journey at a local newspaper in the small town where she was born. Writing on a variety of topics, from local news to financial reviews, her persistence and investigative talent soon caught the attention of editors at larger publications. We are thrilled that Helen accepted our offer and now writes for fincapital-reviews. Her exposés always create a buzz. Sometimes, we think Helen could easily open her own detective agency.
good day! did you somehow manage to get back your funds invested in Tellltd? they deceived me too
SCAM!!! They can show you how you can make money with their analytics. Wait a month, two (as in my case) And then steal everything. They have many methods of stealing elegantly, shifting the blame onto you. For example, change the order volumes, and tell you that it was you who made a mistake that led to you losing money. In general, don’t even think about getting involved with them.
This is outright fraud! I did not even bother to register an account. There is no point, because this company is clearly a scam and will steal your money. I know – I have been through this before. As soon as I make a deposit, the trap will snap shut, and my funds will be gone. These are scammers. I am warning everyone. And I mean it – this is serious!!
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