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ITRADER Review

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itrader review, itrader comments, itrader complaints, itrader broker review

ITRADER is an online forex and CFDs broker that is managed and owned by Hoch Capital Ltd. The broker is fully regulated, with the CIF license no. 198/13 and comes under the oversight of the Cyprus Securities Exchange Commission (CySEC). With their team of experts in financial trading and web-commerce, ITRADER has managed to set up a safe and secured trading environment for their clients to trade in various financial instruments 24/5 and with the peace of mind that their interests will be looked after by their broker. ITRADER known as Official Partner of Man City.
Trading Platforms
For trading access, ITRADER offers their traders a choice of 3 different types of trading platforms. They consist of:

  • MetaTrader 4
  • WebTrader
  • Mobile Trader


The MetaTrader 4 Platform

Developed by MetaQuotes Software, the MT4 trading platform is considered to be the industry standard trading platform and is adopted by thousands of brokers worldwide. Well liked by beginner traders and experienced traders, the MT4 features a wide range of tools that give its users the ability to trade the dynamic financial markets in a more efficient manner. On the MT4 platform, you will find:
A comprehensive charting package with all the main technical indicators
Automated Trading Capability
Customizable
A well designed User Interface

WebTrader
The ITRADER WebTrader is an alternative trading platform for traders who want to trade straight from the internet without having to download or install any software. Web based and compatible with most web browsers, the WebTrader platform comes with:

  • Full package trading charts
  • Innovative Trading Cubes display
  • Live Analysis
  • Visual representation of major market trends

Mobile Trader Platform
And for traders who are constantly on the move, they no longer have to miss out on trading the markets with ITRADER’s Mobile Trader. Designed for mobile devices such as smartphones and tablets, traders can download the trading app and install it onto their mobile devices to bring the world of online financial trading right into the palm of their hands.
Account Types
Trading accounts are available in the form of:

  • Silver Trading Account
    Maximum leverage ratio 1:200
    5 days withdrawal processing time
  • Gold Trading Account
    Maximum leverage ratio 1:400
    3 days withdrawal processing time
    Dedicated account manager
    25% swap discount
  • Platinum Trading Account
    Maximum leverage ratio 1:500
    2 days withdrawal processing time
    Dedicated account manager
    News alert
    Free VPS
    50% swap discount
    Islamic account available
    The Islamic trading account is a trading account which conforms to the Islamic Sharia law on the concept of “No Riba”. It gives traders the benefit of:
  • Commission free trading
  •  No interest on overnight positions
  •  Dedicated account manager
    In order to open a live trading account with ITRADER, you will need to make a minimum initial deposit of 250 USD/GBP/EUR.
  • Commission & Spreads
    The spreads which are payable at ITRADER depend on the type of trading account that you are trading from. For the Silver trading account, the minimum spread for the EUR/USD starts from a minimum of 2.2 pips. The minimum spreads for the Gold and Platinum accounts for the EUR/USD currency pair are 1.3 pips and 0.7 pips respectively.
    Customer Support
    At ITRADER, the customer support services are provided on a 24/5 basis and in English, Arabic and French. Traders can communicate with the support team using email, live chat, Whatsapp, Web contact form or the telephone. For telephone support, there are also several localized number which traders can call to request for assistance.
    Pros
  • Choices of Trading Accounts
  • Multi-Lingual Support
  • Regulated Broker
  •  Selection of Trading Platforms
  • Wide range of communication methods
    Cons
  •  FAQ not detailed enough
  • Islamic account only available for Platinum account holder
  • No ECN trading available

Conclusion
They become famous in short way being Official Partner of Man City FC. They need to keep level of services in a different level if they want to be number one trading company. They need to improve customer service and account manager services. Nevertheless they already put the difference against most of their competitors.

5 thoughts on “ITRADER Review

  1. Hi,
    I am considering 1000 eur deposit, how much i need to pay for withdrawal and how many days does it take?
    If i am going to pay with my credit card will i pay any interest?

  2. I read the itrader.com Review. Ithe information is very useful. I could see the differences between gold, silver and platinum account. I am a short term trader so i would like to learn How much is the Itrader Gold account or Platinum account?

  3. Hi,

    Do you provide Italian Account managers as well?
    Forex trading robot what is the risk percentage?
    Forex trading robot is trading 24h?
    How many positions is opening this trading robot per day?

    1. Hi Mr Zanetti,

      Itrader.com has Fully italian translated web site but doesnt give Italian Account Manager service yet.
      Forex trading robot is working with 8% risk management.
      Forex trading robot is working 24h, trading robot is working with indicators when more than 2 indicators are having buy or sell signal, algorithm will take an action after measuring the current balance, margin, and equity.
      If you want to have a good result with trading robot you need to keep your computer turned on 24hrs.
      As we mentioned before trading robot trades when it gets buy or signal from the indicators. Amount of the position is depends on the market volatility.

  4. Hi, i just sign in to itrader.com received a call from an account manager, i dont have any experience in financial trading. I am planing to start with 250 GBP , how much profit can i make? Is it worth to buy a robot to setup on 250GBP account?

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