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iTradingMarkets foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website http://www.itradingmarkets.com/signup.jsp, about the company's legal and temporary regulatory information, the company's address .

iTradingMarkets Forex Broker

Basic Information

Registered Region

China

Operating Period

Company Name

Itrading Markets Limited

Abbreviation

iTradingMarkets

Company employee

Customer Service Email Address

support@itradingmarkets.com

Contact Number

4001161020

Company Website

http://www.itradingmarkets.com/

1533977172

Keywords

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Company profile

Note: iTradingMarkets official site - http://www.itradingmarkets.com/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker. iTradingMarkets Review Summary in 5 Points Founded 5-10 years Registered Country/Region China Regulation Unregulated Trading Platform MT4 Customer Support Email, phone, QQ What is iTradingMarkets？ iTradingMarkets claims to be an online trading provider based in China. However, due to the current unavailability of its website, it's difficult to verify its compliance with regulations and its general trustworthiness. Furthermore, the fact that it's unregulated raises further concerns about its legitimacy. In this article, we strive to give a comprehensive review of iTradingMarkets by looking at different aspects of the platform. If you are considering this service, we recommend reading further for in-depth information. The article concludes with a summary highlighting the platform's main features for quick reference. Pros & Cons Pros Cons • MT4 platform • Unregulated • Website inaccessible • Lack of transparency • Negative feedbacks from their customers iTradingMarkets offers both strengths and weaknesses that prospective users will want to consider. A notable advantage of this platform is the inclusion of the widely used and highly regarded MetaTrader 4 (MT4) platform known for its advanced tools and user-friendly interface. However, the broker also has significant downsides. Its unregulated status raises concerns about its legal compliance and reputability. The inaccessibility of its website is another obstacle, which limits potential clients' ability to evaluate services or contact support. A lack of transparency adds to these issues, creating uncertainty around the broker's operation and trading conditions. Lastly, negative feedback from customers indicates potential challenges with customer satisfaction. As always, traders are advised to fully consider these pros and cons when selecting a broker. Is iTradingMarkets Safe or Scam？ When considering the safety of a brokerage like iTradingMarkets or any other platform, it's important to conduct thorough research and consider various factors. Here are some steps you can take to assess the credibility and safety of a brokerage: Regulatory sight: Currently, this broker is under no valid regulation, which is a cause for concern about its legitimacy and reliability. This situation is further exacerbated by the non-functional state of the broker's website. It's imperative to conduct thorough research and due diligence for any financial organization, especially when glaring red flags such as these are present. User feedback: One report regarding unable to withdraw on WikiFX significantly impose doubts of the brokers liquidity and necessitates caution for those considering its services, underscoring the importance of utilizing reliable, user-friendly platforms. Security measures: Currently, there is no publicly available information regarding the security measures implemented by this broker. Ultimately, the decision whether to engage in trading with iTradingMarkets or not is a personal one, necessitating a careful evaluation of the pros and cons before arriving at a conclusion. Trading Platform iTradingMarkets grants its clients access to the highly respected MetaTrader 4 (MT4) platform as a primary medium for executing trades. As a globally recognized platform, MT4 is praised for its advanced capabilities which include powerful charting tools, an extensive selection of resources for technical analysis, and the ability to use automated trading strategies via Expert Advisors. Its user-friendly design facilitates uncomplicated navigation through complex trading processes even for beginners. Nevertheless, the effectiveness of the trading platform, along with the holistic user experience greatly hinge on its implementation and support by the broker. User Exposure on WikiFX You can note on WikiFX that there's a report about withdrawal issue, which should be acknowledged as a warning sign. We urge traders to meticulously examine all available information. You can refer to our platform prior to trading for pertinent details. If you come across any rogue brokers or if you've fallen prey to such practices, kindly report it in our “Exposure” section. It would greatly aid our cause and our expert panel would take necessary steps to address the problem as soon as possible. Customer Service iTradingMarkets offers customer service support through email, QQ and phone. However, it is noteworthy that more intensive communication options like live chat and social media which diversify channels for issue resolution, are not currently available. Email: support@itradingmarkets.com. Phone: 4001161020. QQ: 1533977172. Conclusion While iTradingMarkets identifies itself as an online trading platform based in China, a host of red flags, including its unregulated status, cast doubts regarding its legitimacy. The lack of regulation creates a perilous environment for traders, with the potential for contravening standard financial practices. Additionally, issues with its website's accessibility and negative customer reviews on WikiFX point towards an imbalance in its professional handling and responsibility, adversely impacting the user experience. It is advised that any prospective trader should tread cautiously when dealing with iTradingMarkets. Understanding the significance of transparency and regulatory compliance is imperative and it is suggested to choose platforms that adhere to these regulatory standards. Frequently Asked Questions (FAQs) Q 1: Is iTradingMarkets regulated？ A 1: No. It has been verified that this broker currently under no valid regulations. Q 2: Does iTradingMarkets offer the industry leading MT4 & MT5？ A 2: Yes. iTradingMarkets offer MT4 platform. Q 3: Is iTradingMarkets a good broker for beginners？ A 3: No. It is not a good choice for beginners. Not only because of its unregulated condition, but also because of its unavailable website and negative customer feedbacks. Risk Warning Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

iTradingMarkets broker review

Is iTradingMarkets safe or scam

Rating Index

iTradingMarkets Forex Broker - Complete Information Guide

1. Broker Overview

　　iTradingMarkets, officially known as iTrading Markets Limited, is a forex broker that has been operating for approximately 5 to 10 years. Headquartered in China, the company primarily serves the retail trading market, catering to individual traders looking to engage in forex and other financial instruments. The broker's establishment marks a significant milestone in the online trading industry, aiming to provide accessible trading solutions to a diverse clientele.

　　The company operates as a private entity, with no publicly available information indicating it is listed on any stock exchange. iTradingMarkets has positioned itself in the competitive trading landscape by offering various trading products and services, designed to meet the needs of both novice and experienced traders.

　　Despite its relatively recent inception, iTradingMarkets has developed a reputation in the forex trading community. However, the lack of regulatory oversight has raised concerns about its legitimacy and operational practices. The broker's business model focuses on providing retail forex trading services, with an emphasis on user-friendly trading platforms and a range of financial instruments.

2. Regulatory and Compliance Information

　　iTradingMarkets operates without any valid regulation, which is a significant red flag for potential clients. The broker has not secured licenses from any recognized financial regulatory authority, leaving its operations unregulated. This absence of oversight poses considerable risks to traders, as there is no regulatory body to ensure the broker adheres to industry standards or protects client interests.

　　The lack of a regulatory license means that iTradingMarkets does not have to comply with the stringent requirements that regulated brokers must follow, such as maintaining a minimum capital reserve, conducting regular audits, and implementing investor protection measures. Consequently, traders should exercise extreme caution when considering this broker for their trading activities.

　　Furthermore, iTradingMarkets does not provide clear information regarding the segregation of client funds or participation in an investor compensation fund, which are essential components of safeguarding client assets in regulated environments. The absence of Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures raises additional concerns about the broker's commitment to maintaining a secure trading environment.

3. Trading Products and Services

　　iTradingMarkets offers a range of trading products, primarily focusing on forex trading. The broker provides access to a variety of currency pairs, including major, minor, and exotic pairs, allowing traders to engage in the global forex market. Additionally, iTradingMarkets offers Contracts for Difference (CFDs) on various asset classes, including indices, commodities, stocks, and cryptocurrencies.

　　The selection of trading instruments is designed to cater to a wide array of trading strategies and preferences. However, specific details regarding the total number of forex pairs and the availability of unique products remain unclear, as the broker's website is currently inaccessible.

　　The broker also claims to provide retail trading services, enabling individual traders to participate actively in the market. However, the lack of transparency regarding product offerings and the absence of institutional services or white-label solutions limit its appeal to more sophisticated traders.

　　iTradingMarkets appears to focus on providing basic trading services without any significant differentiation or innovative products that could attract a broader client base. Therefore, prospective clients should carefully assess the available trading options before engaging with this broker.

4. Trading Platforms and Technology

　　iTradingMarkets primarily utilizes the widely recognized MetaTrader 4 (MT4) platform for executing trades. MT4 is favored among traders for its advanced charting tools, technical analysis capabilities, and user-friendly interface. The platform supports automated trading strategies through Expert Advisors, making it suitable for both novice and experienced traders.

　　While the broker claims to offer a web-based trading platform, specific details about its proprietary platform or any additional features remain undisclosed. The absence of a mobile application for iOS and Android devices further limits accessibility for traders who prefer mobile trading solutions.

　　The broker's execution model is not clearly defined in the available information, with no indication of whether it operates as an ECN, STP, or market maker. This lack of clarity regarding the execution model raises concerns about the broker's transparency and fairness in trade execution.

　　Additionally, there is no publicly available information about the server locations or the technological infrastructure supporting the trading platform. The effectiveness of the trading platform and overall user experience largely depend on the broker's implementation and support, which are currently unverified.

5. Account Types and Trading Conditions

　　iTradingMarkets offers several account types, although specific details about these accounts are limited due to the inaccessibility of the broker's website. The broker's standard account conditions typically include a minimum deposit requirement, variable spreads, and commission structures.

　　The absence of detailed information regarding advanced account types, such as VIP or professional accounts, raises concerns about the broker's commitment to providing diverse trading options. Furthermore, the availability of special accounts, such as Islamic accounts or corporate accounts, is not clearly indicated.

　　The broker's leverage ratios and minimum trade sizes also remain unspecified, which could impact traders' ability to manage risk effectively. Information regarding overnight fees and other trading conditions is similarly lacking, which may hinder traders' decision-making processes.

　　Overall, the lack of transparency surrounding account types and trading conditions suggests that iTradingMarkets may not be the most suitable choice for traders seeking comprehensive information and favorable trading terms.

6. Fund Management

　　iTradingMarkets supports various deposit methods, including bank transfers, credit cards, and electronic wallets. However, specific details regarding the minimum deposit requirements for different account types remain unclear.

　　The processing times for deposits and withdrawals are not explicitly mentioned, leading to uncertainty about the efficiency of fund management. Additionally, the broker does not provide information on any deposit fees, which could impact traders' overall costs.

　　Withdrawal methods and any associated limitations are also vague, with no clear guidelines on the timeframes for processing withdrawal requests. The absence of a structured fee framework for withdrawals raises further concerns about the broker's transparency.

　　Given the critical nature of fund management in the trading experience, the lack of detailed information on these aspects suggests that potential clients should approach iTradingMarkets with caution.

7. Customer Support and Educational Resources

　　iTradingMarkets offers customer support through various channels, including phone, email, and potentially online chat. However, the absence of detailed information regarding service hours and the availability of support in multiple languages limits the broker's appeal to a global clientele.

　　The broker's educational resources are also unclear, with no specific mention of the types of materials available to traders. While it is essential for brokers to provide educational content, such as webinars, tutorials, and e-books, the lack of information on these offerings raises concerns about the broker's commitment to supporting client development.

　　Market analysis services, including daily analyses, news updates, and research reports, are not mentioned, which could hinder traders' ability to make informed decisions. The absence of trading tools, such as calculators and signal services, further limits the resources available to clients.

　　Overall, the lack of comprehensive customer support and educational resources suggests that iTradingMarkets may not be the ideal choice for traders seeking robust assistance and guidance in their trading journey.

8. Regional Coverage and Restrictions

　　iTradingMarkets primarily serves clients in China, although specific details regarding its regional offices and the countries it accepts clients from are not clearly outlined. The broker's lack of regulatory oversight may also limit its ability to operate in certain jurisdictions.

　　There is no information available about countries or regions where iTradingMarkets does not accept clients, which could pose risks for potential traders. Furthermore, any special restrictions or limitations on trading activities remain undisclosed.

　　Given the importance of understanding regional coverage and restrictions, potential clients should thoroughly investigate these aspects before engaging with iTradingMarkets.

　　In conclusion, while iTradingMarkets presents itself as a forex broker with a range of trading options, the lack of regulatory oversight, transparency, and comprehensive information raises significant concerns. Prospective traders are advised to exercise caution and consider alternative brokers that offer robust regulatory compliance and clear operational practices.

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