One of the most fundamental tools offered is an economic calendar, but at ITRADER it returns a blank page. Given the vast availability of economic calendars, there is no excuse not to ensure a functioning one is provided. The research section is broken down into four categories, somewhat scattered across the website. It consists of an economic calendar, financial calculators, a market summary and a daily review. The first three returned blank pages at the time of this ITRADER review, the latter appears to be a brand-new addition started on November 11th 2019 and is updated daily, but none of the videos are playing. Unfortunately, there is no dedicated research section which suggests this is not something taken seriously by ITRADER.

Trading Conditions

We can openly claim that this practice is another way of forcing clients to trade and probably lose their funds, especially taking into consideration all the inconsistent information from the official iTRADER sources. The most prestigious Platinum type account has the best spreads, higher possible leverage, news alert, a VPS service, and 50% reduced swaps. The overall offer has some bundled services that could be useful like the VPS. The quality of the videos and webinars is ok and probably is not better with the assigned Account Manager. Islamic Account is available and traders that want to apply have to contact the iTRADER management through the client portal.

Withdrawal Processing & Wait Time

This section represents the best one this broker offers and it is functioning as intended. Despite that Hoch Capital is CySEC regulated broker, FCA considers its trading practices and aggressive marketing promotion in the UK controversial to its MiFID obligations. The brokers used misleading marketing and promotion strategies which resulted in numerous complaints and has failed to carry out appropriate assessments of the compatibility of its products and its customers. The quick withdrawal process through advanced information security system allows customers to get their money when they desire. Due to anti-money laundering requirements (AML), the Company proceeds with payment to an account where the beneficial owner is the same as on the trading account. Once you are sure that a company is trusted, the next logical step is to take a look at its offer and trading conditions.

Does ITRADER offer the MetaTrader Trading Platform?

• Reading what the company has to offer, it does not go far from the usual, overused phrases most traders just skip.
• On a more thorough inspection, the services that come with the Silver account show no sign of any videos or webinars; which is utterly ridiculous because investors signing up to these accounts will have the biggest need for education.
• Spreads, the difference between the bid and ask prices, also provide this broker with income.
• CFD providers typically charge a financing rate for holding a trader’s position overnight.
• Also, social network pages are managed and updated with attractive trading hypes and content for amateur traders.

Online trading platforms like Itrader are used by traders to help them with every aspect of trading. Market analysis, price projections, and purchase timing are all key when trading live financial markets with Itrader. The Itrader trading platform provides traders with up to the second charts in order to enable them to execute transactions at the click of a button using Itrader. Itrader does charge clients an inactivity fees for dormant Itrader trading accounts. A Itrader inactivity fee is a sum charged on Itrader brokerage accounts who have not met the minimum buying or selling amount of activity over a specific period. Brokers typically attempt to compensate for lack of commissions by charging inactivity fees.

Latest news

Users have the option of trading in pounds, euros, or dollars.All accounts allow users to trade in pounds, euros, and dollars. 🔍 Are you searching for a broker with an excellent educational and research offering? Education is an easier thing to offer than research but research is the most impactful tool that a broker can bring to the trader’s experience, and therefore it should definitely be given more consideration, either through its own collection or by outsourcing it. Unfortunately, there is no dedicated research section, which leads us to believe that it’s not something the broker prioritizes for its clients.

The high volatility of energy prices due to political and environmental factors, supply and demand, extreme weather conditions, and global economic growth is a typical feature of this product, making it another popular trading choice. The trading of gold and other precious metals involves hard commodities that are contract-based tradable goods. Equity or stock indices are actual stock market indexes that measure the value of a specific section of a stock market. They can represent a specific set of the largest companies of a nation or they can represent a specific stock market. To this end, quick traders will usually use high leverage to make a fast profit, while positional traders prefer a low leverage level. In order for a trader to make a profit or avoid making a loss on a trade, the price must move enough to make up for the cost of the spread.

What spreads can I expect with ITRADER?

The platform offers a wide range of trading options and tools to choose from. The customer service is also excellent, with fast response times and helpful support staff. I highly recommend Itrader.com to anyone who wants to trade online. The website is user-friendly and offers a variety of trading options. I have had a positive experience with Itrader.com and would highly recommend it to others.

Each trader needs to assess if a broker can and should be trusted, being regulated is not always good enough. According to this ITRADER review, potential traders are urged to the utmost caution when considering ITRADER; too many things are off, and this should be taken into consideration. At the time of this review, ITRADER didn’t offer any bonuses or promotions to traders.

Itrader Trading Videos

• Itrader have shown average levels of customer service levels and response times.One of the key points about Itrader customer service is that it is available 24/7 and in a variety of different languages.
• Silver account has the widest spreads and clients will not receive a dedicated Account manager, videos, webinars, news alerts, and a VPS service.
• All of the educational material has a dedicated section, (unlike the research) and appears to have been given more care.
• There are several methods through which you can deposit money into your Itrader account.

The benefit of the MT4 platform is the support offered by the automated trading solutions, but there is a nice price attached to the most effective ones. 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. Because search results for itrader review iTrader offers CFDs in indices and equities, dividends apply.

When registering with Itrader you must check with regulatory body your Itrader trading account falls under. Even though you are a resident of the UK for example your account may fall under regulatory rules outside the jurisdiction of the FCA. Check which company entity and regulation your Itrader account is over seen by.Itrader client funds are stored in segregated 3rd party bank account in accordance with Itrader financial regulators. Commodity trading is a type of trading available on Itrader where individuals or businesses buy and sell financial instruments using Itrader related to commodities, such as metals or oil. A Itrader market order is an order to buy or sell a stock at the market’s current best available price. A market order usually ensures an execution, but it does not guarantee a specified price.

With Global.ITRADER, spreads are quite low, which means the broker doesn’t rob its clients of their funds. 0.7 pips on the EUR/USD Forex pair means that the price difference is very shallow and traders don’t lose an awful lot in trade commissions. Global.ITRADER, knowing how important a stable and easily-understandable trading platform is, has chosen MetaTrader 4 as a main driver. However, if traders prefer other platforms, they can just as easily go for WebTrader or smartphone apps. In short, the functionality and diversity is definitely the broker’s strong suit in trading platforms.