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Forex Brokers Rating

ITRADER

ITRADER

ITRADER Broker Information

Rating: 0
0 reviews
  • Jurisdiction:
  • Regulators: IFSC
  • Founded: 2019

ITRADER Quick reference

It belongs to Bayline Trading Limited, registered in Belize. It is licensed by IFSC, the financial regulator of this state. Offshore states often sell such documents, without hindering themselves by further monitoring the quality of brokers. However, IFSC is one of the most decent offshore regulators. To obtain the license, brokers have to invest $ 100 thousand under a long freeze in a local bank and comply with a number of requirements, otherwise permission may be withdrawn.

Some kind of regulation of activity does exist, however, it will not be easy for residents of the post-Soviet space to achieve the protection of their rights in the distant offshore Belize.

What assets does it offer to trade

  • CFD;
  • currency;
  • stocks;
  • futures;
  • indices;
  • commodities.

What ITRADER calls its advantages

1. Round-the-clock support from Monday to Friday in a number of languages, including Russian.
2. A wide range of options, including Islamic accounts.

3. Optimization of services, maximum capabilities at one click of a mouse. For example, you can trade all types of raw materials with minimal effort on the basis of a single window.
4. A set of supporting tools for traders: a selection of major economic news, calculators, analytics.

Platforms

ITRADER does not offer its own development, but this is rather an advantage. You can’t be sure that the own software of any dubious broker performs any tasks other than draining customer funds.

It offers already classic solutions: WebTrader platform, MetaTrader4 and mobile applications.

Account Types

  • silver,
  • golden,
  • platinum.

All of them have different leverage and a range of additional services.The minimum deposit is from 250 dollars, euros or pounds sterling.

Cash withdrawal

No commission, but there are restrictions on the sum: from $ 100. The request is considered 5 working days and another 5-7 for fulfilling. The process can be accelerated by going through the account confirmation procedure in advance. Each withdrawal method has additional conditions and nuances.

Account replenishment - without commission and with a lot more options, including QIWI WebMoney, Yandex.

Summary

The broker ITRADER does not give unrealistic promises and false advertising. On the contrary, on almost every page of the site you can come across a risk warning. There are no signs of obvious fraud, the activity is not brilliant, but it is still regulated.

It is not entitled to provide services to residents of the United States and Canada. For residents of countries formerly part of the USSR, the prospects for protecting their trading rights in which case are very vague.

In the frequently asked questions section, the broker disqualifies himself from companies with similar names. Disguising as a well-known brand is a long-standing fraud trick. As the phrase goes, beware of fakes.



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