iTrader Review

Forex Broker Review: ITRADER

ITRADER

ITRADER REVIEW

ITRADER General Info

Company Name: ITRADER is operated by Hoch Capital LTD

ITRADER Offices: ITRADER maintains headquarters in Cyprus

ITRADER Regulation: Regulated by CySEC (License number: 198/13)

ITRADER Foundation: ITRADER was found in 2012

US Clients: doesn't allow US Traders (NO)

Islamic Accounts: ITRADER offers provides SWAP-Free Accounts (YES)

ITRADER Execution Type:DD Broker

ITRADER Customer Support: 24/5 via phone, email, and live chat

ITRADER 24/5 Customer ServiceITRADER PHONE SUPPORTITRADER LIVE CHAT

ITRADER Trading Info

ITRADER Server Time Zone: GMT+2

ITRADER Spread: Minimum spread is 0.7 pip on EUR/USD (Platinum Account Type)

ITRADER Leverage: 500:1

ITRADER lot: 0.01

ITRADER Scalping: (YES) it is allowed by ITRADER

ITRADER Hedging: (YES) it is allowed by ITRADER

Automated Trading: (YES) it is allowed by ITRADER

ITRADER Minimum Account: Minimum account at ITRADER is 250 USD

ITRADER Account Currencies: USD, EUR, and GBP

ITRADER Deposit Methods: There are 8 methods available: Wire, Cards, Skrill, Neteller, WebMoney, QIWI, Yandex

ITRADER Bank WireITRADER Credit CardsITRADER Offer DEBIT CARDSITRADER Offer MoneyBookersITRADER Offer Web MoneyNetteller

ITRADER Withdrawal Methods:

ITRADER Bank WireITRADER Credit CardsITRADER Offer DEBIT CARDSITRADER Offer MoneyBookersITRADER Offer Web MoneyNetteller

» iTrader Web-Site

 

ITRADER Currency Pairs

ITRADER offers 50+ Forex pairs, plus many assets via CFDs

◘ 50+ Forex Currencies

◘ 34 Cryptocurrency pairs

◘ Hundreds of different shares, and many stock Indices

◘ Precious Metals, Soft Commodities, and Energies

ITRADER Trade Platforms

ITRADER Platforms: offers 2 trade platforms: MetaTrader4, and WebTrader

ITRADER Mobile Trading: iOs and Android

ITRADER Web-Site Languages: English, Arabic, Russian, Spanish, Chinese, French, Indonesian, Malay, Portuguese, and more languages

Customer Support: Live, Chat, Email, Phone on a 24/5 basis

Customer Support Languages: English, Italian, Russian, Spanish, Portuguese, German, and Dutch

ITRADER Pros and Cons

ITRADER PROS

ITRADER PROS

ITRADER CONS

ITRADER CONS

√ 50+ Forex pairs plus 34 cryptocurrency pairs X Dealing-desk
√ Hundreds of different shares from all around the world
X Some withdrawal Fees may apply
√ Tight spreads on Platinum Account  
√ Good variety of Fund Methods  
√ Automated Trading, Scalping, and Hedging all allowed  

 

ITRADER Review -Final Conclusions

iTrader is a Cyprus-based broker founded in 2012 and operated by Hoch Capital LTD. The broker is regulated by CySEC and provides client bank account segregation. Their customer service is available  24/5 and supports email, phone, and live chat.

iTrader offer 3 account types (Silver, Gold, and Platinum) and the minimum deposit to open an account is $250. The account currencies include EUR, USD, and GBP. The fund methods available include cards, bank wire plus some internet wallets such as Skrill, Neteller, and WebMoney. The Platinum account is by far the best choice for any trader as it provides the lowest spreads and the best overnight rates for those keeping their positions after midnight. The maximum leverage is 500:1, but of course, traders from Europe are limited to use 30:1 trade leverage, according to CySEC rules.

The greater advantage of trading with iTrader is the very wide asset index which includes 50 Forex Currency pairs, 34 Cryptocurrency pairs, hundreds of different shares from all around the globe (America, Europe, and Asia), and many stock Indices. There are also Precious Metals, Soft Commodities, and Energies.

iTrader offer MetaTrader4 desktop and a WebTrader, plus mobile apps for Android and iOs.You can use Expert Advisors (EAs) as automated trading is allowed. Hedging and scalping are also allowed.

» iTrader Web-Site

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