ITRADER Review

ITRADER Review

ITRADER Review

ITRADER is a Cyprus-based company that provides a unique interface for trading various assets including stocks, indices and commodities. However, its main basis is Forex trading, with a variety of available pairs and high revenue rates. The broker offers multi-platform trading interface, paired with various account packages, useful trading tools and a huge library of educational materials. On top of that, ITRADER is fully regulated, so your trading experience will surely be safe and fair. However, there are many other interesting features hidden beneath, and that’s why we’ve created this extensive ITRADER review. Here you’ll discover everything you should know prior to engaging in trading with this broker, so be sure to follow each and every paragraph closely. For starters, we’ll analyze available account packages, so that you know in advance which trading benefits you’ll have. Let’s go!

ITRADER Review | Account types

Speaking of account types, you’ll have plenty to choose from shortly after you complete the simple ITRADER login procedure. The starting account is called Silver, and it offers a great way to start your trading journey. Spreads are starting at 0.07 for crude oil asset, while the leverage goes between 1:20 and 1:200, depending on your chosen asset. Your withdrawal requests will be processed in a time span of 7 days, and you’ll be eligible to receive 24/5 customer support. Also, you’ll be able to use some other features, like fifth decimal and hedging. Pair this offer with a vast library of learning materials and you’ve got yourself a great introduction to Forex trading. As for the Gold package, it reduces spreads to 0.05, while increasing leverage up to 1:400 when trading with Forex assets. Withdrawal processing time is now lowered to 5 days, and you’ll get your personal account manager to help you manage your trades. Furthermore, along with features mentioned at Silver account analysis, you’ll gain exclusive access to advanced trading videos and webinars, as well as 25% swap discount. This will give you the ability to level up your trading knowledge, so we can recommend this account to traders that already have some previous experience. Lastly, Platinum account is the most advanced package offered by ITRADER, reserved for highly experienced traders who want a complete control over the trading procedure and highest revenues. And, with spreads starting at 0.03 and leverage up to 1:500, they will surely get what they want. Along the previously mentioned features, owners of Platinum package will get reports of important market events, free virtual personal server, and up to 50% swap discount. On top of that, the money you withdraw will reflect on your personal banking account in no more than 3 business days. As you can see, ITRADER managed to create packages that can satisfy the needs of every trader’s profile, so you’ll surely be able to choose your ideal one.

ITRADER Account Types

ITRADER Account Types

We should also mention that Islamic account is also present. It gives the traders of Islamic religion the opportunity to trade without breaking the strict Sharia law. That being said, Islamic account bears no commissions of any kind, and it’s also swap free, even in the event of leaving the position opened. However, traders are still eligible to get personal account manager, which is a nice addition. Overall, we’re more than satisfied with what ITRADER has to offer in terms of predefined account packages, and we’re ready to move on with our ITRADER review. Stick around and learn more interesting information!

ITRADER Review | Trading Platform

Having in mind that traders often tend to access market using various operating systems, ITRADER decided to satisfy them all by making their interface cross-platform. That being said, traders can choose among three platforms – desktop, web and mobile-based. We’ll give a brief review of each of them by emphasizing their key features.

ITRADER Webtrader Features

ITRADER Webtrader Features

Stand-alone desktop application is based on the famous MetaTrader 4 interface. Being the most popular and most stable trading platform in the world, it’s no wonder that this broker has chosen it as the main desktop interface. It supports both Windows and Mac computers, and both platforms can be downloaded from the broker’s website. MT4 features pre-loaded analysis and charting tools that you can use to increase the accuracy of market predictions. Paired with easy-to-use, intuitive trading interface, you’ll get a powerful trading platform capable of executing simultaneous trades and displaying the unlimited number of indicators. All the data needed to make correct predictions is a mouse click away, so it’s no doubt that you will enjoy trading with this fantastic application. For those who like to keep it in the browser, there is a completely web-based trading terminal at their disposal. It takes all the best features of MT4 and broadens the offer with some interesting features. That being said, ITRADER’s web platform offers live charts and analysis showing detailed information about the selected asset. This way you can get an insight of the past price fluctuations and, thanks to many indicators incorporated in the interface, visualize future fluctuations. There is also a feature called trading cubes, which helps users see only their preferred assets and make quick trades. You can also execute orders with just a click, mimic the behavior of other traders, or trade with virtual money thanks to demo account feature. All in all, based on all the features we’ve mentioned, you can expect nothing but fantastic trading experience here.

Finally, traders who are constantly on the go will surely take advantage of the ITRADER’s mobile application. It can be downloaded to all devices powered by both Android and iOS operating systems, and it works absolutely flawless. You can access and edit your account, control and modify your open trades and execute new ones. Requiring only a stable internet connections, these applications bring the market right under your fingertips. This way you’ll never miss a good trade again, no matter where you are. And what’s best, all your actions are synchronized across all platforms, so there’s absolutely no way that your new trades will suddenly get cancelled. To conclude, ITRADER platforms are of high quality, and incorporate all you need to place highly probable trades. We strongly believe that, if you decide to trade here, you won’t feel sorry for a second. However, there are still some important features waiting to be analyzed. Keep on reading our ITRADER review and learn everything about them!

ITRADER Review | Education Library

As we have mentioned earlier, ITRADER has managed to create a massive repository of learning materials meant to give their traders additional trading boost. We have thoroughly reviewed all the available materials, so we can honestly say that all of them are of top quality. The library is carefully organized as well, so you won’t find yourself wandering about, searching for some particular source. For instance, E-books section contains several educational books regarding available assets and advanced trading principles. Video-on-demand section features more than 30 educational videos covering various topics – beginner trading, advanced postulates, terms in trading, strategies and MT4 introduction. If you’re interested in taking a trading course, you’ve got plenty to choose from here. From introduction to trading to economic analysis, trading tools and strategies, all the way to ECN or electronic communication network – it’s all here. In case you’re not very familiar with MT4, you’ll find tutorials for both desktop and mobile applications, as well as various articles regarding market analysis. Finally, trading webinars are organized on a weekly basis, so you can get a first-hand lecture from certified trading experts. As you can see, education library can be both huge and full of high-quality materials, and that’s why ITRADER is becoming more and more popular among traders. Whether you’re a complete beginner in the world of trading, or a experienced trader looking for some refreshment in your strategy, feel free to consult this exquisite database of knowledge. We’ve already analyzed a majority of the broker’s features, but one question still remains unanswered – is this company safe to trade with? Are there some traces of ITRADER scam behavior? Keep on reading and discover the revealing truth!

ITRADER Education Videos

ITRADER Education Videos

ITRADER Review | Safety and regulation

Safety is one of the broker’s most important features. If there are no protective features in existence, broker automatically becomes suspicious because protection of customer’s information and funds must always be a priority. If the broker also doesn’t possess a proof of regulation, you should seriously stay away, because the odds are high that you’re dealing with a scammer. Fortunately, ITRADER is more than aware of the aforementioned fact, so the company has both of these features covered.

Hoch Capital Ltd, the company owning the brand ITRADER, is fully regulated by the Cyprus Securities and Exchange Commission under the license number 198/13. Furthermore, it is also registered with all European regulatory bodies, meaning that ITRADER is recognized and approved as a fully legitimate brokerage company. Being a regulated broker bears some strict policies, such as anti-money-laundering, anti-theft and identity verification. All of these are actually introduced solely for the reason of increasing overall security and providing safe and fair trading conditions for all clients. A regulated broker must comply to various procedures, and there is absolutely no way that it will try to trick you. Therefore, regulation is a rock-solid proof of a company’s legitimacy to conduct financial operations, so you don’t have anything to worry about here.

ITRADER Regulation

ITRADER Regulation

As for the safety, because of strict regulatory policies, all regulated companies are obligated to keep the investments of clients in segregated accounts. That way, if anything happens to the company, its clients won’t lose access to their own earnings. This is the case with ITRADER as well, so your deposits will always be kept safe from any potential security threats. That being said, we have to emphasize that all sensitive pages, like deposit or withdrawal forms, are coated with multi-layered SSL encryption and firewalls. This means that all data transmissions are saved in an encrypted form, making it virtually impossible for someone to penetrate the protection. Also, all transactions are subjected to PCI compliance, meaning that your credit card information won’t be permanently stored at the broker’s database. Finally, company’s servers all bear an SAS 70 certificate, which ensures reinforced protection and several real-time backup copies of all your data. All in all, when it comes to the broker’s security measures, we honestly can’t resent a thing. But can we say the same thing for trading requirements? Is this broker easily accessible? Keep on reading and find out what we’ve discovered!

ITRADER Review | Financial requirements

Depositing money with ITRADER is easy as a pie – you just have to access your trading account, click on the “Deposit Funds” button, choose your desired method and enter the amount you want to invest. There are many methods available, ranging from major credit cards (Visa, MasterCard, AmEx, Maestro) and bank transfer all the way to popular e-wallets (Neteller, WebMoney, Qiwi, Yandex). There are absolutely no deposit fees regardless of the method, but in order to start trading for real, you’ll be required to deposit at least 250 dollars, Euros or British pounds. This is a fairly average amount in the industry, so we really can’t say anything bad about it. The important part is that all our deposits, regardless of the method, were shown in our trading account in a matter of seconds. The processing time is extremely short, and we’ve never experienced any problem at all, which is a huge plus for ITRADER.

ITRADER Deposit Page

ITRADER Deposit Page

The same thing goes for withdrawals as well. You can use the same aforementioned methods, and everything works smoothly. Processing time depends on your account package though, but the money will never come late. There are no withdrawal limits, but, in order to commence your first withdrawal, you’ll have to send some personal documents. These include proofs of identity and residence, as well as proof of payment for clients who decide to invest using their credit cards. This is a standard procedure among regulated brokers, so it’s nothing you should be worried about. The sole procedure lasts only for a couple of minutes, and the moment your documents are approved, you’ll be eligible to withdraw funds to your bank account. And that’s pretty much it when it comes to banking. However, prior to wrapping up this ITRADER review, we still have to inspect what kind of support you can expect here. Read on!

ITRADER Review | Support

Support team is one of this broker’s strongest features. It can be contacted by various means – phone, fax, WhatsApp, email, regular mail, contact form or by installing TeamViewer and remotely giving access to your trading account. All these communication channels work flawlessly, so you’re free to choose the one that suits you best. We should also mention that ITRADER is active on many social networks, so you can contact them on Facebook, Instagram and Twitter as well.

ITRADER Contact

ITRADER Contact

As for the experience with the support team, it has been nothing but immensely positive. The team is consisted of a number of experienced markets specialists, trading analysts and financial consultants with many years of experience in the field. We have made a series of inquiries regarding various aspects of the broker, from opening demo account all the way to advanced trading features. Their responses were always fast and concise, explaining everything in a highly professional manner. Therefore, we strongly believe that, when trading with ITRADER, you’ll always have a fantastic team of professionals watching your back like guardian angels. That being said, we believe that now is the right time to wrap up this ITRADER review and give our final verdict.

ITRADER Review | Conclusion

As we have seen while analyzing many features of this broker, we have found a truly fantastic addition to the ever-changing market. By utilizing powerful features of its trading interface and combining them with custom-tailored account packages, ITRADER has quickly made a name for itself. This fact is backed up by a growing number of newly registered clients that are eager to trade in a safe, fair and regulated environment. Immense educational library with hundreds of useful quality resources will give you a much-needed boost in both knowledge and confidence. On top of all of that, whenever you feel like you don’t understand something, you can reach out to the world-class support team that will surely solve any problem you might have. At the very end, we can wholeheartedly recommend you to start trading with this exquisite broker – its offer is simply unbeatable!

Author's overall rating:
Author: Ben Prescott
Updated:

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