iTrader Review 2025: Lack of Regulations and Many Red Flags

Webtrader is 100% web-based and requires no further downloads. And here we come to the second important point – this is the regulation of the broker / crypto exchange. First of all, it is carried out at the level of the state where the company is registered. So, in Russia it is the Central Bank of the Russian Federation. The trader can find permits on the websites of such authorities. For example, the International Financial Commission, which is an independent self-regulatory organization,   specifies disputes between its members – brokers and their clients.

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 “when you just now registered how can you cahnge you mind”. In the heat 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.

Brokers By Licenses

The whole process was performed with the minimum of fuss and I received a refund of the £250 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. For more advanced functionalities, investors can access 3rd party analysis and ratings. Predefined Screeners allow instant screening for bond funds and Canadian equity funds.

Dit is Trustpilot

The library contains an expansive range of EA’s and other tools, but (more buts) be cautious. The contests are solely open to professional clients, retail clients do not have access to contests. This comes across as a poor set up because retail clients are likely to want to participate in contests, while professionals traders are not.

scammers

  • Due to its revoked licence and poor compliance history, iTrader is now classified as a high-risk, defunct broker.
  • It also complies with all the requirements of the regulatory bodies in which it is registered.
  • My £200 has disappeared from my bank account and from the Itrader on screen account…..
  • There are a total of four eBooks, two of which are very in-depth – around 80 pages on average each.
  • 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.

When choosing a brokerage company, or crypto exchanges, study its history. If one of the leading TV channels in the economic news for 5 years in a row refers to the opinion of the analyst of the broker in question – this is good. If the broker / crypto exchange assures that it has been working for 15 years, but there is no information about it on the Internet at all – this is bad.

Forex Brokers

Once you are sure that a company is trusted, the next logical step is to take a look at its offer and trading conditions. This is the field where Global.ITRADER broker seems to excel. We are very happy to hear that your issue has been resolves to your full satisfaction.

  • Moreover, iTrader’s Academy center pays attention to their traders’ knowledge and offer to become familiar with the basic and deep tenets of financial trading.
  • While beginner investors will find this adequate, more advanced traders who are quite capable and willing to do a broader search won’t find this too appealing.
  • There are four categories in the research section that are positioned (or thrown) across the site.
  • The company has a mobile platform for Android and iOS, but based on the online reviews, ratings are poor and functionalities are basic.
  • Gripeo is the leading social platform for consumers to share their experiences with businesses and other people.

Suggested companies

There’s also a glossary available that explains some important trading terms. All of the educational material has a dedicated section, (unlike the research) and appears to have been given more care. There is back-testing which will help create a solid strategy, but this will fall on the user. When it comes to this platform, iTrader gives the bare minimum to improve things for its clients. In other words, the itrader review other two accounts are, for lack of a better word, worthless.

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. Also, many of them, if we are talking about brokers, give the opportunity to make transactions with company shares, bonds, commodities, precious metals, indices, cryptocurrency and other assets. A private person can make transactions with all these instruments only on a trading platform, access to which is provided by a broker or a crypto exchange.

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 can’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.

There are particularly popular forex brokers for beginners that put a strong focus on educating their clients. ITrader offers the popular MT4 trading platform, which lacks the upgrades needed to improve the trading experience for its clients. While the MT4 platform is used by a good number of traders, there are some obvious limitations to this platform. Because iTrader offers CFDs in indices and equities, dividends apply.

independent company reviews ITRADER

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. You can use your Itrader account on the various platforms it offers, both in Meta Trader 4 and Web Trader. You will have to choose the financial instruments you want to invest in, such as Forex, commodities, indices or Bitcoins.

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