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With Global.ITRADER Forex broker you can get free access to mobile trading apps for both iOS and Android. This way, wherever you are, you can fire up an app in your smartphone and start trading Forex pairs, stocks, commodities, and indices in a single platform. When it comes to actually trading with Global.ITRADER, the broker lets you access the world’s most widespread and the most awarded piece of technology – MetaTrader 4. Global.ITRADER MT4 was one of the first platforms that were launched for the web platform. In addition, Global.ITRADER is a broker that lets you trade Forex on your Mac in a native way.

itrader review

You will then receive the confirmation message and a request to prove your current address. Once the registration is approved, the trading account will be activated and you will be able to start trading Forex once you deposit funds. The process of opening a trading account with Itrader is simple, fast and secure. You will need to complete a form from their website with the basic details and choosing the type of account you want to open. The default account is the Silver Account with a minimum deposit of $250 and fixed spreads from 2.2 pips.

With the demo account you will have the possibility to invest safely, without running any risk. In addition, you will have all the functionalities of the real account and you will know how the broker works without exposing your money. With the demo account you will have a pretty rough picture of the financial reality. According to users’ opinions, it is a perfect tool to introduce yourself to the world of Forex trading, although with virtual money. Itrader allows you to trade with Bitcoin, which is the most important cryptomoney in the world.

Overall, there are enough assets offered across five categories which will allow most retail traders to achieve proper cross-asset diversification. An Asset Index is published which lists all assets with the minimum spread offered, but it is worth noting that actual spreads are likely to be higher than listed. They offer managed investments in forex funds, stocks, bonds, commodities, and contracts for difference , or derivatives as they are often called.

Top 3 Forex Brokers

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. During this Global.ITRADER review, we have found out that the trading conditions and the technology are greatly assembled for the experienced traders.

itrader review

So, it goes without saying how important it is to find a legit Forex broker. And while the internet is full of scammers, it still doesn’t imply that the trustworthy brokers are nowhere to be found. For one thing, the market fluctuations can just as easily make someone rich or put them in a dire financial situation.

What is the maximum leverage offered by ITRADER?

It offers an economic calendar, calculators, market summary and also an application called Guardian Angel. Through this application you can monitor Forex trading operations in an easy to understand way. Proof of identity can be provided by sending your current document and your home address with a bill for a recurring service. Both images must be of good quality and perfectly legible for review by Itrader. Forex trading has its own set of more active currencies such as GBP, EUR, JPY and USD. If you want to invest in less common pairs Itrader has expanded its list of currency pairs so you can do so.

There are four categories in the research section that are positioned across the site. These contain the financial calculators, the economic calendar, a daily review, and a market summary. This can be improved through third-party add-ons which you can get for a price. In this itrader review case, the broker could have offered some free upgrades, but the fact is, it doesn’t, showing as another example of the broker making claims that it can’t substantiate. There are Swap discount rates offered of 25% with the Gold accounts, and 50% in the Platinum accounts.

When I confronted him he told I should put another 1500€ to make up for the loss. I ended my relationship with the company and to this day I’m waiting on some 100€ withdrawal. Oh, someone did call me to try and get me back on board 2 months later. And transfer all that millions of USD to Israel and Israel not share any private information about their citizen and funds which in Israel. In Ukraine Служба Безпеки Украiни cover all of that scammers, because they paying them, and only Interpol and FBI able to change something.

  • It is registered with various bodies in Europe, as mentioned above, and operates under the Markets in Financial Instruments Directive regulations.
  • Moreover, the inclusion of analysis and news alerts for Platinum accounts adds value for more sophisticated users.
  • Itrader is a broker that provides you with the most recognized and respected payment methods in the market.
  • Analyze Forex, stocks and cryptocurrency markets with our efficient, cloud-based software – to maximize your profits.

The other tactics we talked about, from their advertising and fake reviews to their pushy sales tactics, are just icing on the cake. These accounts are the same as standard accounts, except that they have no overnight interest and no commissions. And to top it all off, we’ve read several reviews from people saying that their elderly relatives lost their lives’ savings to these sales tactics. CySEC followed the request of the FCA and has suspended Hoch Capital LTD. AKA ITrader and As of this update ITrader is no longer considered a regulated broker.

Itrader and US Investors

When you initially install the program, you’ll be able to forecast price dynamics with 30 built-in indicators. After you’re set up, you can install almost 3,000 additional free and paid indicators. Meanwhile, experienced traders will appreciate MT4’s capability for advanced analytics and charting. It’s even possible to design your own trading indicators using the proprietary MQL4 programming language.

It has a stable base of users around the world who are willing to invest in its products, such as indices, shares or Bitcoins. They comply with the Islamic law, which does not generate interest or commissions during the night, so they are approved by the clients, according to their opinions. There is no library present to consider expired webinars so the quality of it is unknown. When it comes to equity CFDs, the choice is limited to the major US and European names with a few Australian companies listed.

itrader review

The other two, however, are a measly 8 and 10 pages, which won’t bring much education to a trader. 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. Research is offered by an in-house team, but it whifs of unprofessionalism through its lack of detail. There has been an attempt to structure the research section but it has failed to do it successfully.

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. Indices offer broad diversification and hedging tools and traders have access to a decent number of major global indices, suitable for retail traders. With a CFD, you’re simply placing a bet on whether the asset will lose or gain value. This allows them to virtually guarantee a profit on their derivatives trades, which guarantees that their investors lose money.

AI Trader Ltd Reviews

In August 2019, iTrader’s owner was summoned to a pre-indictment hearing in Israel. The Taxation and Economics Prosecutor’s Office suspected the broker of misleading clients, again, and exploiting customer’s inexperience with binary’s options, pressuring them to invest. Trader is the brand name that represents Hoch Capital LTD, an investment firm based in Cyprus. In June 2020, the broker CySEC license was suspended due to local violations in the UK, which we will discuss more soon.

At Itrader you will have the possibility to invest in 48 Forex currency pairs, commodities, CFDs on stock indexes and commodities. In addition to shares in the United States, Europe and Australia, you will be able to invest in Bitcoins. This is a leading international Forex trading company highly praised in user reviews. It is regulated by the Cyprus Securities and Exchange Commission where it has its origin and headquarters.