On-line since: About the company: ITRADER.COM is authorized by the Cyprus Securities and Exchange Commission (CySEC), under license No. 198/13, and is an official trading partner of Manchester City Football Club. Regulation ITRADER.COM provides its financial statements to CySEC for consideration and moderation. The broker is a member of the Investor Compensation Fund, which is able to pay compensation up to €20,000 per trader in case the broker becomes insolvent. Trading accounts ITRADER.COM offers three account types: Silver, Gold and Platinum. Higher minimum deposits are required for Gold and Platinum accounts, while these accounts charge lower spreads. ITRADER.COM also provides swap-free (Islamic) account type. The company offers competitive spreads and the leverage up to 1:500 for the minimum deposit of $250 (which can be easily withdrawn via the credit card or wire transfer). With this amount, you can also open Silver account. Traders can set up their account within a few minutes as soon as all the necessary documents are uploaded. ITRADER.COM provides traders with a wide range of assets including individual stocks, commodities, gold, oil, forex, indices and shares. Many instruments can be traded as CFDs. Contracts for difference (CFDs) give traders all the advantages of owning a certain position without physically owning the underlying asset, which allows customers to trade price changes in several commodity and stock markets using leverage. ITRADER.COM provides free trade with zero rates and also has rather competitive spreads that reach 0.7 pips for the EUR/USD pair for holders of Platinum accounts. To give you an idea of the difference between the account types, the lowest spread for the EUR/USD pair for Silver account is 2.2 pips. Leverage of up to 1:50 is available for forex, 1:125 for commodities and indices and 1:50 for individual stocks, meaning that a $5,000 account can open a position worth $250,000 on an individual share. The demo account is available for newcomers or traders who want to practice new trading strategies before moving on to a real account. The broker offers Metatrader 4 and Webtrader platforms. ITRADER.COM provides 30 European shares and 50 North American stocks for trading. There is also a wide range of commodities, including corn, cocoa and orange juice. Education ITRADER.COM has a comprehensive education solution for its clients. It provides several e-books for downloading. The website also contains tutorials on how to use the PC and mobile versions of MetaTrader 4 platform, as well as a fairly wide range of written materials about Forex. Bonuses and campaigns ITRADER.COM offers no bonuses or advertising campaigns. This can be interpreted as a sign that the company is more interested in attracting customers with a good service. Payment options It is possible to deposit money via VISA, MasterCard cards and wire transfer. Money withdrawal is made through a wire transfer.
2/10
(votes 2194)
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I’m 100%y satisfied with the ITRADER platform. Their pamm and forex-copy systems are the best options for earning money. I am also satisfied with their quick money withdrawal system and spreads. Of course, I am glad to get $30 to $50 each time I make a deposit. I say ITRADER is a very reliable broker.
I decided to close my account and never trade with ITRADER . I lose a profit of more than $2500 in my account before close. They froze my account with good earnings inside, and they don't allow me to withdraw them. I didn't make any withdrawal yet. Overall I am disappointed with this broker.
I can use a scalping EA on ITRADER platform. My EA executed so well and all of my orders were placed automatically at my expected position. while I didn't get any trouble on the ITRADER platform and service yet. So I want to continue dealing with this platform.
The deal-breaker with iTrader was their floating spread. I tried opening an account with them with a small capital and made a few trades. The spread always changed and it goes high too much.
I don't feel satisfied with ITRADER broker. Their platform has delay order executions also, it's crashing too often. It's really affecting my trading activity. I lost my $438 in single trade due to their bad platform quality. Their customer support is also useless, they are not helpful at all and can't answer all the questions. I feel so guilty to join them. They are not a reliable broker.
I have been using ITRADER since March 2020 and I can gladly say this is one of the most dependable brokers I've ever worked with. At the beginning I tried their demo account and notice that, very swift execution, great feed, and steady server. Around 25 days later I have one live account with $1500, until now I have placed more than 1000 trades and I have no issues with them ever. on the spot fills, and executions. Even have had orders executed during news publish time with excellent fills. I made profit around $2000 just in five months and last week I withdraw $400 for the 4th time via Wire Transfer that take about 2 hours to be done. I have no regret with ITRADER.
Trading at ITRADER is too costly. I opened an account with them two months ago and most of my losses just went to the trading fees. The spread is not fixed so there are times when it widens at ridiculous amounts. I don't think it is worth it to trade with this broker because you will only end up losing more.
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