iTrader offers three main types of accounts for traders: Silver, Gold, and Platinum. Each account type comes with different features and trading conditions:
- Silver Account
- Minimum Deposit: $250
- Spreads: Starting from 2.2 pips for EUR/USD
- Leverage: Up to 1:200 on forex
- Commission: None
- Ideal for: Beginner traders
- Gold Account
- Minimum Deposit: $250
- Spreads: Starting from 1.3 pips for EUR/USD
- Leverage: Up to 1:400 on forex
- Commission: None
- Additional Features: 25% swap discount
- Ideal for: Intermediate traders
- Platinum Account
- Minimum Deposit: $250
- Spreads: Starting from 0.7 pips for EUR/USD
- Leverage: Up to 1:500 on forex
- Commission: None
- Additional Features: 50% swap discount, dedicated account manager
- Ideal for: Advanced traders
Additionally, iTrader provides Islamic (swap-free) accounts that comply with Sharia law, ensuring no interest is charged or earned.
iTrader Broker Account Opening Process
To open an account with iTrader, follow these steps:
- Visit the Website: Go to the official iTrader website.
- Choose Account Type: Select the desired account type (Silver, Gold, or Platinum).
- Fill Out the Application Form: Provide personal information such as your name, contact details, and photo ID.
- Upload KYC Documents: Required documents typically include proof of identity and proof of residence.
- Minimum Deposit: Ensure you fund your account with the minimum deposit of $250.
- Account Verification: Wait for the verification process, which can take 1-3 days.
- Start Trading: Once verified, you can start trading on the platform.
For more details, you can access the iTrader website directly.
ITRADER accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .