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Islero foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://client.islerocap.com/en/register, about the company's legal and temporary regulatory information, the company's address VIEUX CONSEIL STREET 4TH FLOORs, LES JAMALACS BUILDING PORT LOUIS MAURITIUS.

Islero Forex Broker

Basic information

Registered region
Mauritius
Operating period
--
Company Name
Islero Capital Ltd
Abbreviation
Islero
Company employee
--
Customer Service Email Address
support@islerocap.com
Contact number
+97145428957
Company address
VIEUX CONSEIL STREET 4TH FLOORs, LES JAMALACS BUILDING PORT LOUIS MAURITIUS
Keywords
1-2 years
Suspicious Regulatory License
MT5 Full License
Regional Brokers
High potential risk

Company profile

Islero Information

  Islero is a broker without regulation. It was founded in the previous year in Mauritius. It provides competitive spanading conditions, with leverage up to 1:500 and cheap spreads starting at 0.1 pip. Its unregulated status makes it unsafe.

Pros and Cons

ProsCons Low cost with pread from just 0.1 pipsUnregulated Super fast order executionsNot supporting MT4 platform Trade 5 types of instruments 24/7 customer support and expert assistance

Is Islero Legit?

  Islero is unregulated with its domain registered on December 23, 2017. Furthermore, notable regulatory bodies like the Australian Securities and Investments Commission (ASIC) and the Financial Conduct Authority (FCA) in the UK do not oversee Islero.

What Can I Trade on Islero?

  A variety of trading products are available from Islero, such as CFDs on stocks, commodities, indices, Forex, and cryptocurrencies. However, bond CFDs are not available.

Tradable InstrumentsSupported
Forex Trade
Commodities
Stocks CFDs
Indices
Cryptocurrency CFDs
Bond CFDs

Account Type

  The broker offers three types of live trading accounts: Pro Account , Elite Account, and Islero Premium Account. Each account is different to its individual trading preferences and funding needs.

Account TypeLeverageMin DepositCommissions
Pro AccountUp to 1:500$0$0.00
Elite AccountUp to 1:500$0$6.00
Islero Premium AccountUp to 1:200$5,000$0.00

Leverage

  Islero offers leverage up to 1:500 to help traders increase the size of their investments in the market. While high leverage can bring substantial gains, it also increases the risk of losses.

Islero Fees

  Islero spreads

  Islero's Pro Account offers floating spreads, while both the Elite and Premium accounts feature raw spreads starting from 0. This spread structure can accommodate traders with different strategies and needs.

Trading Platform

  The Islero platform supports the MT5 trading system, which allows mobile devices and desktop systems (including Windows and macOS). The platform offers advanced analytical tools and fast execution features, making it particularly suitable for experienced traders.

Trading PlatformSupportedAvailable DevicesSuitable for
MT5Mobile and Desktop(Windows&macOS)Experienced Trader
MT4Mobile and Desktop(Windows&macOS)Beginner
Tradingweb PlatformWindows, Web Browser, Android, MAC, iOSHigh-volume Traders, Scalpers, and Robots

Deposit and Withdrawal

  Deposit requirements at Islero differ depending on the kind of account; for Pro and Elite Accounts, the minimum deposit is$0; for the Islero Premium Account, it is $5,000.

Customer Service

  The broker provides 24/7 customer support. If you have any questions, you can contact them via phone, email and live chat.

Contact OptionsDetails
Phone+23055091810
Emailsupport@islerocap.com
Online ChatAvailable
Physical AddressVieux Conseil Street 4th Floor, Les Jamalacs Building, Port Louis, Mauritius

The Bottom Line

  Islero is an unregulated broker with less than a year of experience, which is not safe. It is a good choice for experienced traders because of its low spreads from 0.1 pips and high leverage of up to 1:500.

FAQs

  Is Islero good for beginners?

  Islero offers Pro and Elite Accounts with no minimum deposit, making it accessible for beginners.

  Is Islero good for day trading?

  Yes, Islero provides competitive low spreads and high leverage, which can benefit day traders looking for quick execution and cost-effective trades.

  Is it safe to trade with Islero?

  No, trading with Islero carries risks due to its unregulated status and limited operational history.

Risk Warning

  Online trading is risky and not for everyone. Please understand the risks and notice that information may change.

Rating Index

Islero Premium Account

Minimum Deposit
5000 USD

Pro Account

Minimum Deposit
0 USD

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Islero Forex Broker has an overall rating of 1.85, Regulatory Index 0.00, License Index 0.00, Business Index 4.08, Software Index 8.80 Risk Control Index 0.00.