iTrader Review 2024: Lack of Regulations and Many Red Flags

iTrader Review 2024: Lack of Regulations and Many Red Flags

Shortly after this saga, Sweden’s financial regulator FI issued a statement admitting that it had received a high number of complaints against the broker.

Itrader Deposit Fees and Deposit Methods

• Security is very important when it comes to trading with Itrader.
• Trading videos on Itrader help new and even more experienced investors gain insights into Itrader technical analysis tools and how the different financial markets work when trading on Itrader.
• Was told my account manager would call me to show me how to trade.
• Our review of the Forex / CFD broker ITRADER shows that they offer investors the classic MetaTrader4 trading platform.
• All told, the User Area is very straightforward and accessible, with every function, including customer support outreach, all maintained within a single dashboard.
• To be fair, ITARDER did mention it had plenty of sales experience, and it shows to a fractional degree in their presentation.

Forex trading has become incredibly popular, and choosing the right broker is crucial for success. In this review, we delve into the specifics of a forex broker that has garnered attention for its comprehensive offerings. We will explore the types of accounts it provides, aiming to give traders a clear understanding of what’s available to them.

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This is a tad higher than the requirements of most forex brokers today but this minor disadvantage is covered by the benefits that they offer. For this reason I am giving this broker a Minimum Deposit score of 3/5. Apart from this fee, iTRADER will not cover the costs of transactions by third parties. The most beneficial feature of MT4 remains the intensive support of automated trading solutions, but the superior ones come at a price. The library is expanded with free EA’s and other tools, but traders should be extremely cautious. Back-testing is equally available which can help traders forge their strategy, but this all falls on the trader.

• Although Itrader has a lot of good points Itrader does not offer the below.
• This website is independent of of all forex, crypto and binary brokers featured on it.
• CFDs on Commodities, Indices with leading indices from Europe, the US and Far East markets.
• This is one type of manipulation method and a cover-up under offshore companies and regulations.
• Traders often seek out brokers which provide a decent research offering, as proper analytical tools can play a key role in executing profitable trades on the often volatile Forex market.
• They then contacted me and they have offered me all kinds of help and advise to make my future trading as sucessfull as possible.They did this with no prompting and as a total suprise to me.
• This app has a 3.4 rating but only good reviews can be seen as the bad ones were deleted.

Recommended Brokers:

ITRADER boasts about the availability of multiple platforms, a great range of assets, and quick withdrawals. Reading what the company has to offer, it does not go far from the usual, overused phrases most traders just skip. Be warned, from the start, until you make a profile, you will be redirected.

Minimum Deposit

Their agents/brokers make false promises that you can earn lots of money within a short period of time. I had invested a fairly big amount of money in this company four years ago and am still waiting to get my money back, not to mention the profit. Oil types are not excluded, with the addition of Natural Gas and Gasoline. The above values come from the MT4 platform feed, but the swap list on the iTRADER’s web site is completely different.

Itrader Withdrawals Times

It’s a good indication that they abide by the regulatory conditions set by these trusted financial authorities. There are over 160 tradable assets and this includes the most commonly traded currencies, commodities, indices and stocks. These are diverse enough and for this reason I am giving them a Tradable assets score of 4/5. Also, I am sorry for hearing the news how others have been scammed and lost hard earned money to these.Interestingly, I got a pop up and started reading about it. It looked so facinating that I signed up and was about to pay them.

Experienced a very smooth transition

This broker offers a range of accounts to suit various trader needs, including Standard, Pro, and VIP accounts. Each account type is designed to cater to different trading strategies and levels of experience, from beginners to seasoned professionals. The Standard account is ideal for those new to forex trading, offering access to all the basic features with lower minimum deposit requirements. The Pro account is designed for more experienced traders, providing itrader review tighter spreads and a higher level of service.

They have no regard for situation, they take no notice of what you are saying. They are very good marketing the idea they you can make lots of money in trading quickly with their “help”. One should ask them why they are not billionaires then by trading themselves? After opening a account with them you get called by your manager who’s sole purpose is to make you to trade as much as possible and as big as possible. The broker get their money from the spread in the price, but this broker also takes the opposite site of your trade. Maybe because I used credit card and I could challenge them via credit card company if they declined.