Itrader: Review, Analysis and Complete Guide
Itrader is an online Forex and CFD broker with which you can invest in a large number of financial instruments. You will have a choice of Forex, stocks, commodities, indices and crypto-currencies such as Bitcoin.
This is a leading international Forex trading company highly praised in user reviews. It is regulated by the Cyprus Securities and Exchange Commission (CySEC) where it has its origin and headquarters.
In these lines you will find all the tools that it offers you to invest from the comfort of your home. It is a safe broker where you can apply your strategies with peace of mind to succeed in your investments.
Pros and Cons of Itrader
- CySEC regulated broker.
- Allows you to invest in Bitcoins.
- Excellent educational section.
- Good customer feedback.
- Fast response from technical support.
- No customer service available on weekends.
- Not compatible with Meta Trader 5.
Trader Financial Products
Stocks and Financial Products
Itrader is a secure broker that meets the requirements to provide its financial products in Europe and abroad through CFDs. These investment tools are widely used by investors because of the benefits they provide.
At Itrader you will have the possibility to invest in 48 Forex currency pairs, commodities, CFDs on stock indexes and commodities. In addition to shares in the United States, Europe and Australia, you will be able to invest in Bitcoins.
Forex trading has its own set of more active currencies such as GBP, EUR, JPY and USD. If you want to invest in less common pairs Itrader has expanded its list of currency pairs so you can do so.
Indices and bonds contain the most traded underlying assets in the world. You can access the major stock markets such as the DJ Wilshire 500, Japan’s Nikkei, the UK’s FTSE 100 and Standard & Poor’s.
You will be able to invest in stocks, whether you want to focus on a single stock or cash-settled groups. You will have the option of choosing between common or preferred stock, which although lacking the right to vote are in greater demand for profits.
At Itrader, CFD commodity trading includes platinum, copper, silver and gold. You can also invest in coffee, sugar or cocoa as well as energy assets such as gas and crude oil.
As you’ll see, you’ll be able to trade multiple currencies, including Bitcoins, with no commissions and low spreads. Customer reviews highlight that their trading is done in a secure environment and at the best available price.
Itrader allows you to trade with Bitcoin, which is the most important cryptomoney in the world. Due to its significant growth in the market, investing in Bitcoins will provide you with a range of capitalization opportunities.
Bitcoin is the most chosen crypt currency in the world because it is a decentralized currency that does not depend on any government. It also provides anonymity by not requiring any identification to participate in the Bitcoin network.
Bitcoin’s short term movements make it an asset that’s conducive to trading. You can also invest in Ethereum, which fulfills the same purpose as Bitcoin, although according to the opinions of the customers, they choose the latter.
Itrader offers the possibility to earn money by promoting its broker services through an affiliate program called Investing Affiliate. This program, specialized in Forex brokers, was created to get new clients.
You can earn interesting profits by referring clients who open a trading account with Itrader and deposit funds. The registration to this program is completely free of charge as well as the use of the promotional tools.
It also has a sub-affiliate program that will allow you to obtain 10% of the earnings that your referrals produce monthly. The program has a wide range of promoted brokers with a variety of services.
How to Open an Account
Itrader grants its clients three types of accounts: Silver, Gold and Platinum. In all of them you will have at your disposal a dedicated account manager who will help you and solve any doubts or concerns you may have.
The default account is the Silver Account with a minimum deposit of $250 and fixed spreads from 2.2 pips. On the Gold Account the fixed spreads will be 1.3 pips and on the Platinum Account 0.7 pips, all very low according to opinions.
Itrader also offers Islamic accounts known as swap free. They comply with the Islamic law, which does not generate interest or commissions during the night, so they are approved by the clients, according to their opinions.
The process of opening a trading account with Itrader is simple, fast and secure. You will need to complete a form from their website with the basic details and choosing the type of account you want to open.
You must then verify that the data entered is correct according to the requirements of the regulatory body and accept the terms and conditions. In the opinions, users ensure that you will receive the answer quickly.
You will then receive the confirmation message and a request to prove your current address. Once the registration is approved, the trading account will be activated and you will be able to start trading Forex once you deposit funds.
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.
Once you have installed the chosen platform, you must complete the username and password that you have received by email. Now you can enter the world of Forex trading and start investing safely.
Requirements and Verification
When you request to register your Itrader account and complete all your details, the broker will proceed to verify them. The information requested is no different from that requested by other online brokers.
The registration form complies with the requirements of the regulatory bodies. In addition to your personal references, you must provide other information such as your financial situation and trading experience.
Proof of identity can be provided by sending your current document and your home address with a bill for a recurring service. Both images must be of good quality and perfectly legible for review by Itrader.
Itrader provides you with a free demo account for 14 days. You will have 50,000 euros to test the trading platform, applying all your trading strategies safely before starting to trade with real money.
With the demo account you will have a pretty rough picture of the financial reality. According to users’ opinions, it is a perfect tool to introduce yourself to the world of Forex trading, although with virtual money.
With the demo account you will have the possibility to invest safely, without running any risk. In addition, you will have all the functionalities of the real account and you will know how the broker works without exposing your money.
Itrader has extensive experience in online Forex trading with a strong international reputation. It has a stable base of users around the world who are willing to invest in its products, such as indices, shares or Bitcoins.
It is a broker that operates globally, offering the flexibility needed to invest from anywhere in the world. It provides an important structure built by investors of countless nationalities.
How to Use Itrader
Itrader has become a highly sought after broker for clients who have no experience with CFDs and their risks. They are attracted by the educational material it provides and the clarity the platform presents when trading.
As expressed in their opinions, customers feel confident and secure in being able to draw on the support material. Before investing in real money you can use the demo account to familiarize yourself with the platform.
In the trading section of Itrader you can learn all the details about the financial products it has to offer. You will also find CFD trading tools that will make you trade safely.
Itrader provides a simple and quick way to deposit funds into your account for trading, whether it’s Forex, stocks or Bitcoins. You can do it safely, with the necessary guarantees regarding the deposited funds.
Itrader will assist you in all your questions with a large number of courses, tutorials and videos. It will take care of training you so you can invest, making your money grow.
In Itrader you will find e-books, articles and a glossary with the most used terms and concepts in trading. You will also be able to consult the frequently asked questions, which will be available through the platform.
Itrader has the Meta Trader software which is a platform designed for both beginners and experts. You will be able to study strategies to succeed in your investments, be it in Forex, indices or Bitcoins.
The Itrader site has, in addition to Meta Trader 4, Webtrader, both with tools that will facilitate your trading. You will have access to a demo account to try out the best way to trade CFDs.
Webtrader is a web-based platform that you do not need to download or install. You will be able to access it from any device with an Internet connection with the same functionalities and advantages that Meta Trader offers.
Meta Trader 4 is the most chosen Forex trading platform in the world due to the features it offers. It features charting systems and technical analysis instruments that make it very versatile.
Itrader also provides you with various tools to help you invest in a practical and secure way. Whether you’re investing in indices, commodities or Bitcoins, you’ll find an economic calendar, calculators and market summary.
Itrader’s mobile application is based on Meta Trader 4 to manage and monitor your trades from your mobile device. You can safely trade Forex or Bitcoins, among other markets, anytime, anywhere.
You will need to download the application to your smartphone or tablet from the App Store for Apple iOS systems or from Google Play for Android systems. You can also access the mobile app section directly from the Itrader page.
According to the users’ opinions, from the Itrader application you will have the possibility to manage your account without being an expert. You will be able to open and close positions and you will also have multiple technical indicators and charts available.
Research & Visualization Tools
In the Itrader platforms you will find different tools that will help you to know the trading trends. They are highly praised in customer reviews for the clarity of their charts and indicators.
Itrader offers free Forex related education through video on demand, tutorials, e-books and courses. These tools are very useful for technical analysis of trading strategies.
It offers an economic calendar, calculators, market summary and also an application called Guardian Angel. Through this application you can monitor Forex trading operations in an easy to understand way.
The opinions of the clients coincide in highlighting this important tool that is a real help when making investment decisions. This service is free and will allow you to chat with Itrader agents while trading.
The Meta Trader 4 and Webtrader applications have multiple advanced trading features. You will find defined charts, updated quotes, technical indicators and automated trading systems such as Expert Advisors.
Deposits, Withdrawals, Fees & Limits
Deposit Methods and Minimum Deposit
Itrader is a broker that provides you with the most recognized and respected payment methods in the market. You can use Visa, American Express, Mastercard, Neteller, Skrill, Qiwi, WebMoney, Yandex and bank transfer.
The currencies accepted by Itrader are the US dollar, the British pound and the euro. Although Itrader does not charge any kind of commission you should take into account that financial institutions may apply an additional charge.
The minimum deposit to be made when opening an Itrader account is EUR 250. According to what clients express in their opinions this is not a high figure, taking into account that funds are insured up to EUR 20,000.
With regards to withdrawals, please note that your account must be verified by Trader beforehand. It is possible to make withdrawals by credit or debit card, bank transfer, skrill or neteller.
It has already been said that verification will be made by means of a copy of the identity and address document, in addition to choosing the method of payment. In the case of the credit card, an image of both sides must be sent by e-mail.
Withdrawals are free of charge, as Itrader considers it sufficient to send the credit card image. But remember that only the last four numbers should be seen, the process is known as “Know Your Customer”.
Rates And Commissions
You will be able to invest in all the products offered by Itrader, such as Forex, commodities or Bitcoins, with no commission fees. This broker prioritizes its clients so that they can enjoy their trading experience to the fullest.
The vast majority of companies specializing in the Forex and CFD market do not charge commission. That’s why it’s important to consult users’ opinions in order to know Itrader’s virtues and to be able to choose it among other brokers.
When you open a live account with Itrader you will be required to make a minimum initial deposit of $250. In addition, the account has a minimum withdrawal amount policy of $100 per application and may take up to 5 business days to process.
Trader will not charge you any withdrawal fees, so you can withdraw 100% of your winnings. The withdrawal process is protected by high-tech encryption protocols, so you can do it safely and confidently.
Is Trader Safe?
Itrader offers you a number of protection measures so that you can invest safely. It is a regulated broker authorized to operate in the European Union under license from IFSC and CySEC.
It is a secure broker that, being regulated by the Belizean authorities, is obliged to comply with MiFID standards. Payments are processed by Bayline Global World Ltd., so your deposit will be safe.
It is also registered with other bodies such as the FCA in the United Kingdom, BaFin in Germany, CONSOB in Italy and the CNMV in Spain. In other words, it provides protection to its investors so that they can operate safely.
As for the security of its clients’ funds, Itrader stores them in separate accounts from its own. So you can be sure that your funds will not be affected by any financial problems affecting the broker.
Regarding its platforms Itrader uses different tools to ensure a secure link. It uses Secure Sockets Layer (SSL) technology and SAS 70 systems to protect transactions.
According to users’ opinions, trading with Itrader will make you feel safe and secure when investing, due to all the protections it offers. They recommend this broker for the integrity and transparency of their financial system.
The privacy of your operations will be protected with 3D Secure and Secure Code technology. You will be able to invest in Forex, indices, commodities or Bitcoins and your deposits and withdrawals will be less risky.
Itrader is a broker regulated by the Cyprus Securities and Exchange Commission (CySEC). It is also regulated by the International Financial Services Commission of Belize (IFSC).
The Itrader website is owned by the British financial company Bayline Global World Ltd. It is registered with various bodies in Europe, as mentioned above, and operates under the Markets in Financial Instruments Directive (MiFID) regulations.
At Itrader, the interests of its clients prevail and it has an investor compensation fund. In Cyprus this fund guarantees a sum of up to EUR 20,000 to each client in the event of the broker’s insolvency.
Itrader Customer Service
At Itrader, client opinions count and these do not cease to highlight the personalized customer service 5 days a week. We offer different forms of contact that make the service of high quality and fast response.
If there is any problem or you want to solve any question you can communicate by phone, Whatsapp, live chat or by e-mail. You can send an e-mail to Support@global.itrader.com or email@example.com.
You will also have the possibility to fill out an enquiry form from the Itrader page by entering your details. The opening hours are from Monday to Friday, from 9 in the morning to 9 at night, although we do not attend Saturdays and Sundays.
You will be able to operate safely and calmly knowing that you have the support of professionals who will assist you with any concerns. In addition, Itrader offers you an educational section with ebooks, videos, courses, glossary, tutorials and webinars.
You can also consult the frequently asked questions that are very helpful in resolving queries. You can also find Itrader on social networks such as Facebook, Youtube, Twitter, Instagram and LinkedIn.
Whether you want to trade commodities, stocks or Bitcoins and need assistance, the Itrader team will respond. You can get customer support in 15 different languages.
Itrader receives generally positive feedback which often highlights important points to consider. That is why before choosing a broker you should consult them to make your trading operations safe and worry-free.
In customer reviews, Veronica S. stated: “I really like the mobile version of Meta Trader, it’s easy and works perfectly for me. I can make all the trades I want from where I am, and all I need is an Internet connection.
Nicolas F. stated in his opinions: “I started by consulting the trading books offered by Itrader. They are very didactic and I have learned a lot about Forex and I feel more confident to invest, whether in commodities, stocks or Bitcoins”.
Silvana P., in her opinions, made it clear: “I found in Itrader a good provider of online trading. It covers the main underlying Forex assets that any investor chooses, plus it offers charts, calculator and market summary”.
Another opinion is that of Leonardo B.: “I was looking for a broker to be able to invest safely and with Itrader I found it. It is a company that has the regulation of Belize and other prestigious organizations in Europe, which gives peace of mind”.
Trader Alternatives And Competitors
Throughout this article we have detailed Itrader’s Forex trading service for investing in different financial products. Whether you want to trade in different currencies, Bitcoins, commodities or stocks, this is your ideal site.
If you want to know more about the world of trading, you can visit Wallet Adviser. You will find all the available reviews that will help you decide which broker to choose when investing.
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Itrader is a regulated trading broker that will give you the possibility to invest in different underlying products. You will be able to invest in Forex, commodities, shares, indices, Bitcoins, oil, gold and silver.
It has the most recognized trading platform as the Meta Trader 4. It has also developed an exclusive platform called Webtrader that has all the features of Meta Trader but in web format.
Itrader offers a 14-day demo account that allows you to get to know the platform before you start trading. You will also receive free education related to the trading market, through videos, tutorials, courses, ebooks and webinars.
It will also offer you numerous management tools and trading strategies to make your experience comfortable. With access to useful charts, market alerts, calculators and market summaries.
You can invest from anywhere at any time by downloading the application for your mobile device, whether it is Android or iPhone. You will also have an excellent customer support service.
As you can see, after getting to know all the features of Itrader you can conclude that it is a very good trading option. If you are looking to invest easily, securely and with a regulated broker Itrader will be your solution.
iTrader Datasheet and Features
|Countries where it is regulated||31|
|Time to open account||1 day|
|Bank card deposit|
|Deposit with electronic wallet|
|Demo account available?|
|Easy to use platform?|
Frequently Asked Questions about Itrader
Itrader is an online trading broker that offers its financial services for investing in Forex and CFD products. In this site you can do it in commodities such as oil, gold and silver, indices, shares or crypto currencies like Bitcoin.
Before you can start trading on Itrader you must register and create an account, then you must make a minimum deposit of $250 to start. You will have to choose an asset to invest, but you will also have educational material if you need it.
After logging in to the Itrader platform and opening your account you are ready to start trading. You will need to open a sell position on the desired currency pair to start earning a profit.
When trading CFDs you will have a good opportunity to generate income with a small amount of capital, as it is a versatile product. With the tools provided by Itrader you will be able to evaluate the best results of your trades in advance.
Itrader is a completely secure and reliable broker that operates under the European rules governing the trading market. It also complies with all the requirements of the regulatory bodies in which it is registered.
Itrader is regulated by the Cyprus Securities and Exchange Commission (CySEC). And by the International Financial Services Commission of Belize (IFSC), in addition to operating under the Markets in Financial Instruments Directive (MiFID) regulations.
You already have all the tools to choose the best broker in the trading market. If you still have doubts, you can consult the best trading platforms, where you will discover that Itrader is an excellent option.