ITRADER is a CySEC licensed Forex & CFD broker owned by Hoch Capital Ltd. iTrader is located at: Griva Digeni & Kolonakiou, 125 Grosvenor Tower, Ground Floor, 3107 Limassol, Cyprus.
Our review of the Forex / CFD broker ITRADER shows that they offer investors the classic MetaTrader4 trading platform. There is available both the desktop standalone version, along with the web based and mobile versions. They offer in total more than 170 assets to trading including all popular Forex pairs, Mini Bitcoin, Market Indexes, Individuals Shares, and Commodities like Brent, Crude Oil, Platinum, Coffee, Sugar etc..
Maximum leverage on all Forex pairs is up to 30:1, and spreads on the Euro Dollar pair are as high as 3 pips. Trading on leverage is very risky, and new traders should make sure they fully understand the risks associated with using margin.
Their website and customer support is available in: English, Italian, Spanish, German and Russian. Minimum deposit requirement for a new trading account at ITRADER is $250. Account funding is possible via Credit Card, iDeal, Skrill, Trustly, PostePay, Entercash and Klarna. There are three levels of account types which offer various benefits, see here.
Robot Trading Scams
If your trading account was opened for you, via a trading software, Do Not Use that account, see why.
First test drive a licensed software at: Duplitrade.eu.
When the Scam Broker Investigator reviews a CFD or Forex broker to see if they are a scam or legit, the first thing we look for is a valid brokers license. The main reason investors always use a licensed and regulated broker is to be sure that your funds are safe and kept in segregated accounts.
ITRADER is licensed and regulated by CySEC in Cyprus, a member of the European Union, their licensed number is: 198/13. Outside of Europe, this broker is owned by Bayline Trading Limited, which is licensed in Belize, and located at 5 Cork Street, Belize City, Belize.
Smart traders always verify that the broker they are going to invest with, is also licensed in their local country.
Smart investors always review a few different brokers before making a final decision, See the best brokers list.
Go register for a Free Demo Account at: ForTrade.com.
What was your experience trading with ITRADER? Please write your review in the comment section below.