Regrettably, there are no outstanding features offered by this broker. On the contrary, as this review dug deeper into ITRADER, the number of red flags, discrepancies, and shortfalls become evident. The way services are tailored is backward; what should be geared towards retail traders is unavailable to them, while services offered to professionals should be provided to retail traders.
- So take the time to research Itrader thoroughly and make the most of your online investing experience.
- While at first this all seems legit, what’s offered is not good content.
- ITRADER has alternative domains such as global.itrader.com that is used to redirect once you type in your residence.
- Customer service reps are responsive, and you can avail yourself of a multitude of eBooks, videos on demand, training courses, tutorials, and informative articles, as well.
- There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.
This broker has a well-designed web site that shows the regulation and education as their prime attraction points. ITRADER boasts about the availability of multiple platforms, a great range of assets, and quick itrader review 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.
Global ITRADER also offers many educational resources, several e-books and VOD (video on demand). The Company was incorporated in 2012 and offers CFDs trading on a multitude of assets, including currencies, indices, stocks, commodities, and cryptocurrencies. The platform of choice is Meta Trader 4, which I can safely say that it’s the most popular trading platform out there.
Trading Platform
Clients will be able to watch webinars a few times a week which is a high amount of webinars, though it’s not clear who exactly will have access to these. There is no library to watch previous webinars, so assessing the value these will bring is difficult. Check out Interactive Broker’s massive investment selection.
The MT4 trading platform is available as a downloadable version, a web version, and a mobile version; this is the standard package of a license to offer the platform. Overall, the iTrader broker offers powerful technical options to trade, along with automatic trading solutions that can be considered by many traders, as well the beginner traders. 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. There is a pungent smell of iTrader’s lack of experience through its account types. When we take a closer look, it’s easy to see that the accounts have different spreads, as we mentioned. There is a minimum deposit of $250 listed, but this isn’t mentioned in the overview of the account types.
iTrader Fees Explained 💰
The ITrader system is designed to cope with this and even present you with options that you would not receive with other systems. Put simply, ITrader is a web based application which will give any trader the opportunity to trade on the global stage. It is completely internet based; ensuring there is no time wasting downloads or updates. The ITrader system is incredibly easy to navigate and provides a wide array of information via a selection of charts. You can even monitor what other users are doing; in case you feel your best option is simply to copy them. Global ITRADER has developed a respectable franchise and weathered quite a few storms in the forex industry, including the crisis in Cyprus and the Swiss Franc debacle.
ITrader are evil and untrustworthy
The Itrader phone support team was able to assist us with our queries and issues. We put their multilingual support to the test by speaking to them in various languages, and they were able to communicate effectively. Explore the Itrader platform and train yourself to think systematically and logically about the markets.
Questions? Get answers from the Aitrader.fm staff and other customers.
We have found that Israel is also not on the list when applying for registration. This also suggests that iTRADER is found by Israeli capital. If you are registered with the regulated iTRADER in the EU, there are no special bonuses or promotions except the mentioned Swap discount that is for Gold and Platinum Account types.
To this end, quick traders will usually use high leverage to make a fast profit, while positional traders prefer a low leverage level. In order for a trader to make a profit or avoid making a loss on a trade, the price must move enough to make up for the cost of the spread. Though it seems simple enough, picking the right account is one of the most important aspects in deciding on the right broker, as the account type can have a direct impact on profit and loss.
Three account types are available at ITRADER, but here’s where the lack of experience of this broker is plainly evident. The Silver, Gold, and Platinum account types differ with the spreads offered. The minimum deposit is listed as $250, but not provided in their “Account Types” overview, traders have to locate the “Contract Specifications” PDF. Modern brokers like Itrader provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources. These services require significant investment, and in turn, Itrader may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall Itrader trading profitability.
On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features. InvestManiacs is comprehensive source of information on binary options and forex market from the professional traders with more than 15 years of experience. Broker reviews, successful trading strategies, signals and opinions on binary option robot software. WebTrader is the online trading platform, complete with its own package of charting tools, trend notification mechanisms, and real-time analysis.
Itrader Payment Methods
Millions of people worldwide use Android mobile devices and tablets, and Itrader offers its clients access to the MetaTrader 4 platform on these devices. With the Itrader MetaTrader 4 Android application, traders can monitor the financial markets and execute trades directly from their Android-based smartphones and tablets. This app provides access to a range of advanced trading features, allowing Itrader traders to stay on top of their trades and react quickly to changes in the market.
Review
ITRADER’s asset range is good, not leaving out any trader category. Oil types are not excluded, with the addition of Natural Gas and Gasoline. As such they may not directly correspond to real-time market levels at the point in time at which the sale of options occurs, according to research. As a result, it is expressly advised that you should never invest with, or trade upon, money that you cannot afford to lose through this manner of trading.