Opinions and information about the ITRADER broker
¿It is the really reliable ITRADER broker (also known as itrader.com)? Is it safe for you to invest your money with this company? In this section we will analyze the company and its reputation as such on the internet.
Do you want to give us a hand and help inform about this company? We invite anyone who has experience with this company, to leave a comment with their experience and to rate the company according to their experience with it.
The ITRADER broker is a broker of: Forex and CFDs.
The broker mentions to be part of: Bayline Global World Ltd. and Bayline Trading Ltd
ITRADER is based on: they mention being based in England and Belize.
If we talk about regulation, ITRADER is: it is regulated by the Belize regulator, which in our opinion is not safe.
We will continue to analyze the different account types that ITRADER offers. In the case of ITRADER, we note that they offer 3 different types of account / plans: the Silver Account, the Gold Account and the Platinum Account.
Silver Account- Leverage up to 1: 200, support 5 days a week for 24 hours, hedging.
Gold Account: up to 1: 400 leverage, support 5 days a week for 24 hours, coverage, account manager, webinars and videos.
Platinum Account: up to 1: 500 leverage, support 5 days a week for 24 hours, coverage, account manager, webinars and videos, free VPS, alerts and news.
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The platforms used to trade are: MT4.
Now, yes, we will go on to analyze the different resources and aids that the company provides to traders on its website: explanation above of the products that ITRADER offers, live charts, economic calendar, trading calculator, market summaries, some informative articles, video courses, ebooks, glossary, FAQ section, really not much else.
Additional information about the company
Phone number: BR +55 2135000210, AR +54 1159845943, CL +56 552539778, MX +52 5541634551, PA +507 8365455, CR +506 40016771, PE +51 16429717, DO +182 99466206 and GT +502 24581151
Clarification: The investment company ITRADER works in different countries, so the information provided may not apply to your country, this review is directed to Latin America and / or Spain.
With the information we have so far, the comments and reviews of users and traders, our opinion is that it looks like a company we should be careful with. Why? It is a regulated broker in a very unsafe country, it is based in unsafe countries, it mentions being based in the United Kingdom but it is not regulated by the FCA of the United Kingdom, which does not make sense, when looking for information about ITRADER we found hundreds and hundreds of negative comments.
June 2020 update: CONSOB, Italy's financial regulator, has reported to ITRADER for fraudulent activities
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