ITRADER reviews Withdrawing money Broker Review
Traders can also take seven courses, each of which has several sections. While at first this all seems legit, what’s offered is not good content. There are a total of four eBooks, two of which are very in-depth – around 80 pages on average each.
- Meanwhile, iTrader is also an official online trading Partner of Manchester City Football Club in EMEA.
- ITRADER is a leading international broker licensed to provide financial trading services by the Cyprus Securities Exchange Commission.
- Realised after the fact but my deposit was returned within a few days in full .
- How honest brokers / crypto exchanges should work and how they work, we found out.
- Trading with iTrade is cool and fun but if you came here to make money make sure you ask about how to make money trading crypto.
independent company reviews ITRADER
CFDs on Commodities, Indices with leading indices from Europe, the US and Far East markets. CFDs on Stocks with popular and attractive shares from a range of local and international markets. The ITRADER.com Academy Center is designed to make traders familiar with the basic tenants of financial trading. The company claims it is a comprehensive online academy center, but we did not manage to find anything that stands out. If you need to learn the basics of trading, eBooks, V.O.D., courses, tutorials, articles, glossary, and some FAQ are currently available. We get a lot of threats from fraudulent brokers who don’t want us to tell the truth.
What is the benefit of a broker / crypto exchange?
Join thousands of traders getting instant alerts, expert market moves, and proven strategies – before the crowd reacts. As of 2025, iTrader.com is no longer considered a legitimate or active broker, and any clone websites or rebranded versions using the name should be treated as high risk or scams. On fact, most brokerage companies are registered offshore, and we are talking not only about small offices, but also about world leaders. Saint Vincent and the Grenadines, Belize, Marshall Islands, Mauritius are popular offshore zones among companies. Registering there, companies pay significantly less taxes than in the place of actual location, which is sometimes carefully hidden. Therefore, the company is interested in attracting as many clients as possible and that they conduct active trading.
Traders MBA
There’s also a glossary available that explains some important trading terms. All of the educational material has a dedicated section, (unlike the research) and appears to have been given more care. There is back-testing which will help create a solid strategy, but this will fall on the user. When it comes to this platform, iTrader gives the bare minimum to improve things for its clients. In other words, the other two accounts are, for lack of a better word, worthless.
Experienced a very smooth transition
At the same time, ITRADER divides customers into retail and professionals, due to the latest European regulation. At first glance, traders have a few options in terms of accounts, but they can’t understand clearly what and how they will receive access to particular features. It would have been great if the company had specified and that is taking place.
At the same time, 82.8% of the clients lose money, which is quite a high figure. It is very likely a market-making broker and that creates a huge conflict of interests. Based on the information we’ve managed to find about the company, we can’t recommend the broker to any forex or CFD trader. Stick to the end of this article, if you want to find more in-depth information. I opened an account recently with £250 and then found I had to live in France for some time without good internet access so wanted to close my account.
itrader scam5
With access to useful charts, market alerts, calculators and market summaries. If you want to know more about the world of trading, you can visit Wallet Adviser. ITrader offers traders research, or it tries to anyway; traders are invited to the academy center to learn if they can access it. Given that this broker has contradicted themselves a few times at this stage, who has access to the learning center is unclear.
Straight-Through-Processing trading and Electronic Communication Network trading do not hold any trade orders of the investor. There is no provision of re-quotes hence, traders get the best out of the ask prices and the bid prices. ECN trading gives the best profitable results with forex and stocks. The low spreads and enhanced liquidity itrader review are the additional benefits of dealing with the direct operational models of trading. The broker also offers a mobile app for iOS and Android devices. ITrader.com is an offshore CFD and forex broker that previously operated under the domain iTrader.com.
The fund can pay a maximum amount of EUR 20,000 to one trader as compensation in the event the broker becomes insolvent. 🔍 Are you searching for a broker with an excellent educational and research offering? In our review of the top forex trading apps, eToro has taken the top spot, while IG’s app comes in at a close second. There are Swap discount rates offered of 25% with the Gold accounts, and 50% in the Platinum accounts. It seems that something is off with this and iTrader isn’t being transparent about it.
The Trustpilot Experience
- If you need to learn the basics of trading, eBooks, V.O.D., courses, tutorials, articles, glossary, and some FAQ are currently available.
- ITRADER’s mobile appoffers a user-friendly interface that fully supports and contains all the multiple features offered by the Webtrader and Metatrader 4 platforms.
- ITRADER.COM Review explained by professional Forex trading experts the “ForexSQ” FX trading team.
- In addition, the platinum account holders also can enjoy Free VPS, Dedicated Account Manager, News Alerts and discount on Swap or rollover rates, see example below.
Once you sign up they immediately start hassling you on the phone- pretty aggressive too. I lost 6k and would like to know whether I can report iTrader as scammers.
I will have to get advice and hope that if they read their reviews/feedback, someone within their company will email me/please sort this out and give me my money back, like others i’m on minimal wage too. ITRADER is a company whose task is to provide intermediary services to traders. Brokers / Crypto exchanges provide access to currency / cryptocurrency trading, first of all. Also, many of them, if we are talking about brokers, give the opportunity to make transactions with company shares, bonds, commodities, precious metals, indices, cryptocurrency and other assets. A private person can make transactions with all these instruments only on a trading platform, access to which is provided by a broker or a crypto exchange.
God saved me but please please trust these words and dont go ahead on this portal. ITRADER is an online trading brand that provides average trading services. In terms of competitiveness, the company had proven to lag behind other popular brands.
The variety of trading accounts brings possibilities to choose the most convenient conditions to you needs and strategy you use which is a good plus. ITRADER strongly believes that financial trading is not meant only for expert brokers. With proper guidance and adequate tools, almost anyone can become a successful investor.
As a rule, traders are more trusted by companies either from their own country or from an economically developed country, for example, a member of the European Union. Of course, compliance with UK law is reassuring, and compliance with the laws of an unknown island in the Indian Ocean does not mean anything to most at all. A demo account is available for new traders or any other trader who wants to practice new trading strategies before moving on to a live account.
This broker highlights the need for beginners to understand the ABCs of forex trading. To start, iTrader has an unusually distressing past in the forex industry, and it’s CySEC license was temporarily suspended due to false advertising. The benefit of the MT4 platform is the support offered by the automated trading solutions, but there is a nice price attached to the most effective ones.