I attempted ITrader as a way of making some extra money. However, due to my inexperience, I unfortunately quickly found myself in difficulty and decided to end trading. It has very useful platform, where a lot of profitable assets. I also don’t have any withdrowing issues or platform bugging.

They also keep all client funds separated from the business funds; ensuring you would get your capital back if the worst happened. ITRADER offers a wide selection of instruments across forex, indices, stocks, commodities and CFDs. The trading rates assigned to the assets on the website are the ones at which ITRADER is willing to sell Foreign Exchange & CFD’s trading to its customers at the point of sale. ITRADER adheres to strict regulations and rules set by reputable financial authorities. Traders can be assured that their funds are kept safe and that the company complies with safe trading practices.

In a trading context this means no hidden commissions, no overnight/rollover fees. Since such account are not made for non-muslim clients, the Islamic account is not accessible at the account registration stage. You will have to open real account and contact support in order to get this type of account.

I feel I may have saved myself a fortune if I had got sucked in to this. Probably the most important things to look for in a broker are regulation and good reputation; ITRADER is regulated but their reputation has some dents in it. Overall they are OK but I cannot see some outstanding trading conditions or special features that would make me recommend them wholeheartedly. 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. This means that iTrader essentially creates its own rates and pricing. This is fishy because it indicates that they’re likely a market maker.

The platform of choice is Meta Trader 4, which I can safely say that it’s the most popular trading platform out there. They also offer a web-based platform called WebTrader and a mobile version. With a traditional investment, you own the actual asset.

Global.ITRADER Review Conclusion

The score measures the authority of up to 20 most trusted backlinks. Backlinks are links from external websites to the business webpage. The main metric, showing how trustworthy is the business. Calculated using proprietary rating algorithm based on the AI, analyzing 25 different parameters. You will also be pleased to know that the ITrader app is designed to be accessed from any device.

• With their ear to the ground, it would be no surprise if Scotia iTrade leads the pack with innovative product and service offerings that meet the needs of a new generation of investors.
• Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital.
• The main metric, showing how trustworthy is the business.
• We have no forward your information to one of our customer service reps who will contact you shortly.
• Finding a reputable ITRADER review local or worldwide can be a difficult process, especially finding a complete list from a trustworthy reputable source.

Scotia iTrade is one of the best-known and largest online discount brokers in Canada, and it has been in business since the 1800s. The firm offers $9.99 flat commissions to active traders and individuals with $50,000 or more in assets with the Bank of Nova Scotia and iTrade combined. Otherwise, it can be expensive charging a hefty minimum commission of $24.99 if qualifications are not met. Scotia iTrade is the perfect choice for new investors looking start trading with index funds as it offers a large selection of domestic and international funds. The ability to trade using registered or non-registered accounts makes it great choice for individuals looking for tax sheltering accounts. CFDs on Commodities, Indices with leading indices from Europe, the US and Far East markets.

Ready To Get Started with ITrader?

The website is available in 7 languages; US |Clients are not accepted. As such, Hoch Capital and its trading names imposed to notify all active accounts and must not provide any financial investment services t the UK residents. Despite that Hoch Capital is CySEC regulated broker, FCA considers its trading practices and aggressive marketing promotion in the UK controversial to its MiFID obligations. The brokers used misleading marketing and promotion strategies which resulted in numerous complaints and has failed to carry out appropriate assessments of the compatibility of its products and its customers.

It’s good that I didn’t put more money on the account becourse they don’t do the withdrawal if you ask for it. Investing in forex and derivatives is like spearfishing in a sea full of sharks. The rewards are bountiful, but you’ve always got to be looking over your shoulder. Because these investments are complex and take some study to understand, they’re fertile ground for scammers, who can easily confuse inexperienced investors into handing over their money. MoneyBack Hero’s experts are experienced in handling all matters related to fund recovery, and we’ve helped thousands of people retrieve their funds from forex and other investment scammers. That said, in the interest of fairness, we should point out that Itrader actually has reasonable spreads and leverage, and that this information is easily available.

Retail currency traders use these brokers to gain access to the 24-hour currency market for purposes of speculation. Forex broker services are also provided for institutional clients by larger firms such as investment banks. After taking one glance at Itraders review page, it’s clear to see that a majority of individuals are very unhappy with their services.

What do they offer?

CFDs on Stocks with popular and attractive shares from a range of local and international markets. I’m a housewife, so i started trading on ITrader for getting extra money for my family. I knew almost nothing, but this platform provided me with the analyst, who taught me a lot. Currently, i’ve learned how to trade on currency pairs and do it well.

This broker has also used deceptive advertising in the past. They have used another trading platform to draw people in and then redirect them towards Itrader. Clearly, there is something very wrong with them if they had to do this to attract customers. The Itrader official webpage looks nice and it’s intuitive enough to be taken seriously. When it comes to the trading platform, this broker uses the famous MetaTrader 4. This is available both on desktop as well as on mobile devices.

We do not present any investment advice or guarantees for the accuracy and reliability of the information. ITRADER does not charge any withdrawal fee to its clients. It should be noted some banks use intermediary banks that charge fees, which is the client’s responsibility. As for the trading costs, iTrader does not charge the commission, instead, all executions are subject to the variable spread, that varies according to the account too, see a comparison between accounts below. In addition, the platinum account holders also can enjoy Free VPS, Dedicated Account Manager, News Alerts and discount on Swap or rollover rates, see example below.

Trading Platforms, Software, and its Features

We can confirm that itrader is a scam that doesn’t have regulated licenses and therefore isn’t a reliable broker. We advise you to see with your bank what it’s possible to do or if you want to directly use a online recovery service, complete the form below. The Company was incorporated in 2012 and offers CFDs trading on a multitude of assets, including currencies, indices, stocks, commodities, and cryptocurrencies.

The company that owns Itrader is Hoch Capital Limited, which was founded in 2012 and licensed with the Cyprus Securities and Exchange Commission in 2013. They’re licensed to operate throughout the Eurozone, as well as in any other countries that accept a CySEC license. ITrader offers a focused trading regimen that is not without a degree of risk. If you have the flexibility to work with ITrader, here are the advantages. All information on 55brokers.com is only published for general information purposes.

You can even leverage your funds to generate bigger returns; you should know what you are doing before you undertake this option. ITrader is one of the few financial platforms committed to Metatrader as it has been recognized as providing an advanced system of trading for https://forex-reviews.org/ anyone who wishes to take their trading to a higher level. The ITrader system is designed to cope with this and even present you with options that you would not receive with other systems. Note that the content on this site should not be considered investment advice.

However, due to a parallel regulation from a European CySEC , you can trust the compliance of a safe trading environment. The iTrader has operated since 2012 and since then gained a reputation for success, leading to a stable base of worldwide users who make thousands of trades every month. The broker headquarters in Cyprus, while holding internal lines of various countries for direct connection itrader review with their clients, the lines include Russia, Spain, Germany, France, UK Italy, UAE, Norway and more. Companies can ask for reviews via automatic invitations. After what I’ve been informed, SmartCapitalConsulting is set up by ITrader. Nonetheless, we will be more than happy to be contacted by the friend you are mentioning and check his/her accounts history, and assist with any which matter.

We also ensure all reviews are published without moderation. We use dedicated people and clever technology to safeguard our platform. In June last year a friend of mine aged 80 was told by an itrader called Hock to invest money and within a week he lost £85000. Was told my account manager would call me to show me how to trade. After that I had calls from several different people from different companies all harassing me to add more money to the account. After a week if this i’d had enough and asked to close the account.