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ITrader Review and Information 2024

ITrader Information and Review ITrader
Voting Rating ITrader does not participate in the Forex Rating
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Reviews Rating
Status Closed
Regulation n/a
Trading software Webtrader, Metatrader4, Mobile App
Headquartered Grosvenor Tower, Griva Digeni & Kolonakiou 125, Ground Floor, Linopetra 3107 Limassol, Cyprus

Their highly committed team of experienced professionals in web-commerce and financial industry work together towards making their services cost-effective for retail investors especially. At ITRADER, they offer the possibility to trade various underlying assets (as example CFDs and currencies). ITRADER has gained a reputation for success, leading to a stable base of worldwide users who make hundreds of thousands trades every month.

The Benefits ITRADER Offers Its Traders

Customers, are the most valuable asset for ITRADER and they receive the comfort of a well-established operation that is dedicated to excel in the provision of high-quality services in the financial markets. As a customer, you can enjoy full support, Monday - Friday from 9 am to 10 pm EET (8 am – 8 pm GMT) as well as trading a variety of financial instruments which encompass CFDs on Forex, stocks, commodities, indices and cryptocurrencies.

Operating on a global level, ITRADER gives you the flexibility and continuous access you may need to trade from anywhere in the world.

They know how to optimize their services to be the best for both experienced and novice traders - both can find set of tools that fits them the most. By using ITRADER's services, you may benefit from years of expertise in a click of a button. Make use of their powerful infrastructure, built for investors, and find your preferred trading system at ITRADER

ITRADER represents the brand name of Hoch Capital LTD, a Cyprus-based investment firm, which received its CySEC authorization in 2013. This broker has a clear focus on retail traders, but it appears that the experience of the team running ITRADER is more in web-commerce than financial services. Possessing an efficient sales team is not undesirable, but highlighting it as a critical asset appears a bit off. Hoch Capital LTD maintains its website, light on information, and nothing on the company’s website made us feel confident in the broker’s abilities. ITRADER is an adolescent broker which provided us with an unfavorable first impression during this ITRADER review as its website appeared to be little more than window dressing for traders who don’t know what they’re looking for.

Transparency is refreshingly high at ITRADER and clients are further protected by the Investor Compensation Fund (CIF), as mandated by the EU Directive 2014/49/EU; the maximum amount considered in the event of insolvency by this broker is €20,000, which remains the norm across the EU and covers most retail accounts. Client accounts are held in segregated bank accounts and from a regulatory perspective, everything does appear in order.

ITrader Trading Information 2024


WWW https://www.itrader.com/
Address Grosvenor Tower, Griva Digeni & Kolonakiou 125, Ground Floor, Linopetra 3107 Limassol, Cyprus
Headquarters Grosvenor Tower, Griva Digeni & Kolonakiou 125, Ground Floor, Linopetra 3107 Limassol, Cyprus
Free phone +80040015002
24 hour support
Partnership programs
Expert advisors
Free education
Sponsorship contests, competitions
1st deposit bonus
Mobile trading
Automated trading
Demo account
Swaps
24/5 trading
Scalping
Hedging
Commissions
Digits after the dot in quotes 5
Minimum position size 0.01
Spread Type Variable
Pip spread on majors 1-3
Maximum Leverage 500
Standard account, $ 250
Popular payment methods Credit Card, iDeal, Neteller, Skrill, Wire Transfer
Account currencies EUR, GBP
Available assets Available Assets: CFDs on Forex, Crypto Pairs, Indices, Commodities, Stocks
Languages French, Italian, German, Russian, Spanish, Dutch, Portuguese, Lithuanian, Swedish
Platforms Webtrader, Metatrader4, Mobile App
Broker type STP
Regulation n/a
Foundation 2013
Bitcoin Forex Brokers

ITrader Reviews and Comments

One day, a balance of $ 5,000 was drained from the deposit, I fell for advertising and what the documents require to verify the account, it seemed that everything was legal. Subsequently, I learned that the activities of a broker in the territory of my country are not regulated. On the site, they themselves write that they do not provide services in my territory and do not cooperate with anyone. In connection with these and other violations, I applied for a chargeback to my bank, the proceedings went on for a long time and did not lead to anything in general, the bank explained to me that they could not return the deposit (3000USD), but the amount remaining on the balance sheet (80USD) fully available for withdrawal. I put the rest of the money on the bookmaker's website for withdrawal, after which my withdrawal was canceled, ITrader, due to my request for a chargeback, does not agree to give me money from the account, they ask me to contact the bank and deposit the account with ANOTHER 3000USD. When contacting the bank that initiated the chargeback, they tell me that, according to their data, I have no obstacles to withdrawing the balance, and they advise me to contact the police. ITrader support responds with the same phrases, saying that we have explained everything to you. Of course, it makes no sense to contact the police because of 80USD, so know that this broker will rob you to a penny at any opportunity.
  27 Jun 2023  

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Itrader is a very good broker. I opened an account last year with a deposit of $ 350. During quarantine, more time appeared for trading, and Itrader got excellent materials on the topic. As a result, I now make excellent money, which helps a lot in these difficult times.
  19 May 2020  

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Itrader is a great broker. I started working with him at the beginning of the year and, damn it, it was a good choice. During quarantine, Itrader allowed me to earn extra income. Yes, and there is more time for trading. Probably after removing all restrictions, I will trade less actively, but I will not completely abandon it.
  18 May 2020  

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