ITRADER is a CySEC licensed Forex & CFD broker owned by Hoch Capital Ltd. iTrader is located at: 28th October, 365 Vashiotis Seafront, 3107 Limassol, Cyprus.
Phone number in United Kingdom is: +44 186 434 0023 and in Netherlands: +31 85 888 4136. Their contact email is: email@example.com.
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 the popular trading signals at: FXMasterBot.com.
Our review of the Forex / CFD broker ITRADER shows that they offer investors the 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, Market Indexes, Individuals Shares, and Commodities like Brent, Crude Oil, Platinum, Coffee, Sugar etc..
Their leverage on all forex pairs is up to 200:1, and spreads on the Euro Dollar pair are as high as 2.2 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, Russian, Arabic and French. Minimum deposit for a new trading account at ITRADER is $250. There are 3 levels of account types which offer various benefits, see here.
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.