Rating Index
Pros
Regulated by CySEC, providing a level of security and oversight for traders.
Offers a variety of trading platforms, including MT4 and a web-based trader, catering to different user preferences.
Provides a wide range of financial instruments, including forex, commodities, indices, and cryptocurrencies.
Cons
High loss percentage among traders, indicating potential issues with trading conditions or support.
Charges a withdrawal fee under certain conditions, which may be seen as unfavorable for traders.
Limited customer support availability and inconsistent information on social media platforms may lead to confusion and dissatisfaction.
ITRADER broker Accounts
ITRADER Account Type
ITRADER offers three primary types of trading accounts tailored to meet the needs of different traders:
- Silver Account:
- Minimum Deposit: $250
- Spreads: Starting from 2.2 pips on major currency pairs.
- Maximum Leverage: 1:200 for forex trading.
- Features: Access to 24/5 customer support and same-day withdrawal process.
- Gold Account:
- Minimum Deposit: $250
- Spreads: Starting from 1.3 pips on major currency pairs.
- Maximum Leverage: 1:400 for forex trading.
- Features: Dedicated account manager, access to webinars and videos, and a 25% swap discount.
- Platinum Account:
- Minimum Deposit: $250
- Spreads: Starting from 0.7 pips on major currency pairs.
- Maximum Leverage: 1:500 for forex trading.
- Features: News alerts, free VPS, and a 50% swap discount.
Registration: Visit the ITRADER website and click on the "Open Account" option. Fill out the account opening form to receive your login credentials via email.
Documentation: Submit the required identification documents for verification, including:
- A scanned copy of your passport or national ID.
- A recent utility bill or bank statement to verify your address.
Funding Your Account: After verification, make a minimum deposit of $250 to start trading.
Access to Trading Platforms: Once your account is funded, you can download the trading platform of your choice, such as MetaTrader 4 or the proprietary WebTrader.
Start Trading: With your account activated and funded, you can begin trading across various financial instruments offered by ITRADER.
Additionally, ITRADER provides Islamic Accounts that comply with Sharia law, offering swap-free trading conditions.
ITRADER Broker Account Opening Process
Opening an account with ITRADER is a straightforward process that typically takes 1 to 3 days to complete:
ITRADER Similar Broker Accounts
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