iTrader Review 2025: Lack of Regulations and Many Red Flags

I cannot speak highly enough of the company and the way in which it deals with its clients.I am looking forward to my future trading sucesses. I can very honestly stand by my 5 star review as I feel that it is well earned. Highly ironic how they warn you about all these illegal groups and loss of money trading and yet it was them that took the money from me.

It provides access to multiple charting, a wide range of technical indicators, and the ability to build or use pre-existing Expert Advisors. Automation in the trading industry continues to advance, but it does not seem ITRADER managed to make any advancement when it comes to upgrading the platform. We are very happy to hear that your issue has been resolves to your full satisfaction. Please note that as our site disclaimer mentions that Trading can be involved in high risk of loosing funds. We have now forward your information to one of our reps who will review your account, and contact you for further information.

The quick menu option offers watch list and trading functions direct from the screener. In 2008, BNS purchased E-trade Canada to provide their active investors a discount brokerage solution that would ultimately make them a leader in the online investing market. Today, many Canadians use this platform for their self-directed investing needs. Aside from this, iTraderโ€™s website and its contents seem to be carelessly thrown together. The customer support team is open five days a week, as opposed to the 24/7 service offered by other brokers.

Checkout Evelyn-itrader.com review and detailed overview to understand whether Evelyn-itrader.com is legit or a scam. The platform offered only basic MT4 risk tools, and no negative balance protection was guaranteed outside the EU. The Markets in Financial Instruments Directive and other regulators from throughout Europe are also ones that this company has been a part of. Including regulators in Poland, France, Norway, Austria, Denmark, Finland, Britain, Italy, Greece, Estonia, Romania, Spain, Germany, Latvia, Sweden and the Netherlands. Gripeo is the leading social platform for consumers to share their experiences with businesses and other people.

Itrader experience

ITRADER.COM Review explained by professional Forex trading experts the โ€œForexSQโ€ FX trading team.

The short conversation ended and it was agreed to call the following day, as previously arranged. After the call i still felt unsure and tried to figure out how to get a refund/withdrawal…โ€ฆโ€ฆ I have emailed their support team on three occasions so far, and have had no response. My ยฃ200 has disappeared from my bank account and from the Itrader on screen account….. I will have to get advice and hope that if they read their reviews/feedback, someone within their company will email me/please sort this out and give me my money back, like others i’m on minimal wage too. ITRADER is a company whose task is to provide intermediary services to traders. Brokers / Crypto exchanges provide access to currency / cryptocurrency trading, first of all.

Should you decide to continue your search for the most suitable forex broker for you, other considerations might be IG, eToro, and/or Interactive Brokers. There are a total of four eBooks, two of which are very in-depth โ€“ around 80 pages on average each. The other two, however, are a measly 8 and 10 pages, which wonโ€™t bring much education to a trader. Clients will be able to watch webinars a few times a week which is a high amount of webinars, though itโ€™s not clear who exactly will have access to these. There is no library to watch previous webinars, so assessing the value these will bring is difficult. There is back-testing which will help create a solid strategy, but this will fall on the user.

Trading Instruments

At the same time, ITRADER divides customers into retail and professionals, due to the latest European regulation. At first glance, traders have a few options in terms of accounts, but they canโ€™t understand clearly what and how they will receive access to particular features. It would have been great if the company had specified and that is taking place. Whatโ€™s concerning, from our view, is the fact that ITRADER had not updated its offer for years now and this communicates a lack of interest to provide the latest trading technologies. The company has a mobile platform for Android and iOS, but based on the online reviews, ratings are poor and functionalities are basic.

I opened an account recently with ยฃ250 and then found I had to live in France for some time without good internet access so wanted to close my account. The whole process was performed with the minimum of fuss and I received a refund of the ยฃ250 within 3 days. As such, Hoch Capital and its trading names imposed to notify all active accounts and must not provide any financial investment services t the UK residents. Also, I am sorry for hearing the news how others have been scammed and lost hard earned money to these.Interestingly, I got a pop up and started reading about it. It looked so facinating that I signed up and was about to pay them. Learning from past mistakes I thought of googling this company and got alerted.

All reviews

ITRADER is an online trading brand that provides average trading services. In terms of competitiveness, the company had proven to lag behind other popular brands. At the same time, 82.8% of the clients lose money, which is quite a high figure. It is very likely a market-making broker and that creates a huge conflict of interests. Based on the information weโ€™ve managed to find about the company, we canโ€™t recommend the broker to any forex or CFD trader.

Nadat ik mijn account heb gesloten, verwijderen gegevens

In this case, the broker could have offered some free upgrades, but the fact is, it doesnโ€™t, showing as another example of the broker making claims that it canโ€™t substantiate. How it finances these discounts is anyoneโ€™s guess, and when trades are placed, do these charges come into effect? And this fact suggests that trades remain in house, and arenโ€™t connected to the real market. In March 2019, CySEC reached a settlement with Hoch Capital Ltd. where the firm made a $20,000 settlement regarding a compliance investigation the Cypriot regulator had begun. Though the details were not made public, they were surrounding the information it was giving to clients, as well as the general conduct of its investment activities.

  • There are particularly popular forex brokers for beginners that put a strong focus on educating their clients.
  • ITRADER is an online trading brand that provides average trading services.
  • After min. 20 call center conversations were they still tried to motivate me, to use their platform, I saw that they made a withdraw of another 160 Euro.
  • ITRADER is a leading international broker licensed to provide financial trading services by the Cyprus Securities Exchange Commission.
  • Traders can also take seven courses, each of which has several sections.
  • It is possible to be physically present there at court hearings.

What is the benefit of a broker / crypto exchange?

As informed by other fellow mates,in not time I got a call for a so called humble agent who was pretty polite introducing him to me. But I stopped him there and I said sorry to say but I have dropped the idea and changed my mind. I was so astonished to hear his voice and picth changing while listing to my words and trust me he said in a high pitch ยซwhen you just now registered how can you cahnge you mindยป. In the heat itrader review of the moment I decided not to waste time arguing with him and I dropped the call and also blocked his number. Its a shame that in the UK market companies like these exist with such frustrated salesman’s/ agents. God saved me but please please trust these words and dont go ahead on this portal.

The fund can pay a maximum amount of EUR 20,000 to one trader as compensation in the event the broker becomes insolvent. In our review of the top forex trading apps, eToro has taken the top spot, while IGโ€™s app comes in at a close second. There are Swap discount rates offered of 25% with the Gold accounts, and 50% in the Platinum accounts.

ITrader offers an attractive selection of assets, but its lack of experience and care can be seen throughout its services. In addition to what they get using the Webtrader, traders enjoy an array of powerful analysis tools allowing them to accurately predict future trends and thus plan their investments more effectively. Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines. We use dedicated people and clever technology to safeguard our platform.

  • ITrader makes its money from its spreads, but this broker is a market maker, and generates the majority of its income from traders losses, when it acts as a counterparty.
  • They always aim to get the best trades to suit your risk needs.
  • ITRADER.COM allows you to trade in a very wide range of assets, including individual stocks, commodities, gold and oil, currencies, indices and stocks.
  • In addition, a price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitability by placing well-planned trades.

Me, as I see myself, can be called a beginner with some experience, so thatโ€™s great that Itrader provides education I can use and master my skills. However, education is not only strong side, trading itself is also well organized and if you know how to opperate within the market, you will achieve success. After taking one glance at Itraders review page, itโ€™s clear to see that a majority of individuals are very unhappy with their services. Traders at ITRADER can take advantage of several resources and trading tools accessible via the award winning forex trading platform, theMetaTrader 4. TheMT4 platformallows traders to use charting tools, Expert Advisors, technical indicators and access to real-time economic news via a feed.

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