Full Review

ITRADER is an online forex broker dealing in currencies, stocks, CFDs and commodities. Founded in 2012, the company is headquartered in Limassol, Cyprus.

Owned by Hoch Capital LTD, ITRADER is authorized and regulated by the Cyprus Security & Exchange Commission (CySec) under license no. 198/13, 5 Christaki Kranou, office 201, Germasoya, 4047 Limassol, Cyprus.

Promotions and Account Types

At the time of writing this review, ITRADER is not offering any bonuses. The clients of ITRADER may however take advantage of swap discount, free VPS, webinars/videos and news alert. The broker offers three main account types;

Silver Account: This is the smallest account type with following salient features;

• Highest spread as compared to gold and platinum accounts
• Withdrawal processing time is 7 working days
• No news alert
• No free VPS
• No Dedicated account manager
• No access to webinars & videos
• Islamic account is available for silver account holders
• 24/5 customer support is available
• Fifth decimal quotes are available
• Hedging is allowed
• No Swap discount is available

Gold Account: This is a standard account type having following salient features;

• Spread is lower than silver accounts but higher than platinum accounts
• Withdrawal processing time is 5 working days
• No news alert
• No free VPS
• Dedicated account manager is available for gold account holders
• Full access to webinars & videos
• Islamic account is available for gold account holders
• 24/5 customer support is available
• Fifth decimal quotes are available
• Hedging is allowed
• 25% swap discount is available for gold account holders

 Platinum Account: This is the most senior account type at ITRADER with following salient features;

• Lowest spread as compared to silver and gold accounts
• Withdrawal processing time is 3 working days
• Platinum account holders can take advantage of news alert
• A free VPS is available
• Dedicated account manager is available
• Full access to webinars & videos
• Islamic account is available for platinum account holders
• 24/5 customer support is available
• Fifth decimal quotes are available
• Hedging is allowed
• 50% swap discount is available for platinum account holders

Trading Assets

ITRADER allows trading in some of the most liquid assets, including currencies, stocks, CFDs, commodities and Indices. A complete list of different assets available for trading may be found here.

Traders can use any trading strategy at ITRADER such as hedging, scalping etc. The broker allows execution of instant as well as limit orders. The maximum available leverage is 1:200, 1:400 and 1:500 for silver, gold and platinum accounts respectively.

ITRADER Trading Platforms

Traders at ITRADER can take advantage of several resources and trading tools accessible via the award winning forex trading platform, the MetaTrader 4. The MT4 platform allows traders to use charting tools, Expert Advisors, technical indicators and access to real-time economic news via a feed.

ITRADER has also ensured that its traders are able to take part in the growing trend of on-the-go forex trading by introducing Mobile Trading platforms for both Smartphones and tablet.

To facilitate traders who wish to trade directly through the web without downloading any software, ITRADER has developed a WebTrader Platform that allows traders to trade all the available trading assets, including currencies, CFDs, stocks, commodities, Metals and Indices.

Materials & Resources

Clients of ITRADER can take advantage of a wide range of educational materials and resources.

• eBooks

eBooks on basic forex education, advanced level strategies, commodities & futures trading as well as CFDs & stocks trading are available for everyone on ITRADER’s website.

• V.O.D

Video on Demand (VOD) section of ITRADER’s website provides access to a wide range of educational videos.

• Courses

It contains a number of useful courses on different aspects of forex trading. Anyone can access these courses on ITRADER’s website.

• Tutorials

It contains tutorials on Metatrader 4 and its mobile version.

• Articles

It contains a lot of useful and unique articles on different aspects of forex trading.

• Glossary

It defines common terminologies that are frequently used in Forex business.

• FAQ

It contains answers to frequently asked questions about forex trading and ITRADER.

Deposits and Withdrawals

Clients of ITRADER may fund their account via credit/debit cards, bank wire, skrill and neteller. The minimum amount of deposit is $250. Withdrawals can be requested via the same method which was used for funding. The time of processing withdrawal varies from 3 to 7 days depending upon the account type as mentioned before.

Support

Traders can contact ITRADER support via Telephone, Email and Contact Form.

Telephone Numbers

CY +357 25123223

NL +31 858884136

SE +46 494292840

DK +45 92450103

NO +47 56999604

IT +39 0694802635

FR +33 970738325

GB +44 1864340023

DE +49 6922227547

UAE +971 35704325

Fax: +357 25310361

WhatsApp: +357 95564894

Email

For all inquiries:

[email protected]

[email protected]

Address

5 Christaki Kranou

Office 201, Germasoya,

4047 Limassol, Cyprus