Telmax Investment has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I experienced a security concern with my Telmax Investment account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: Regular updates|Competitive fees|Fast support response|Good analytical tools
Cons: Limited demo account features|Wait times can be long during peak hours
I closed a profitable position at Telmax Investment and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Dividend tracking|Economic calendar|API access
Cons: Could offer more webinars|Live chat only during business hours
The onboarding at Telmax Investment was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Market news feed|Multi-currency support|Demo account available
Cons: Limited ETF selection|Minimum deposit could be lower
I wanted to transfer my portfolio from another broker to Telmax Investment. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Multiple order types|Customizable dashboard|Personal attention
Cons: Limited social trading features|Nothing significant
The platform at Telmax Investment is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for just over a year of dealing with this, I have had enough.
Pros: Professional team|Quick verification|Helpful community forum
Cons: Could offer more webinars
The so-called education at Telmax Investment is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted since mid-2025 thinking they would help me learn.
Pros: Responsive team|Competitive fees|Personal attention|Real-time alerts
Cons: Help articles are sometimes vague|Search feature is basic
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Telmax Investment has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.
Pros: Website looks legitimate on the surface
Cons: Flagged by Financial Conduct Authority|Cannot verify credentials
After doing some research AFTER the fact (I know, I should have done this first), I discovered that Telmax Investment is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Cons: Withdrawal fees demanded|Communication cut off|Not authorized