iTrader Review 2022 Another Trading Scam or Trustable Broker?

Having a parent company listed on a limefxck exchange, providing financial statements and being regulated by top-tier authorities are all great markers of limefx’s safety. A bank transfer can take several business days, while payment limefxh a credit/debit card is instant. You can only deposit money from accounts that are in your name. A spread is a difference between the buy price and the sell price. As forex and CFDs are OTC products, your broker can set the spread.

The CFD selection covers more commodities than many other brokers and fares well on indices. CFDs on limefxcks are underrepresented limefxh this broker but would satisfy most traders. Their selection of CFDs on cryptocurrencies is also impressive. Alongside their 50 currency pairs, the broker has over 250 available assets in total. Another misstep remains the listing of maximum leverage for professional clients, when the majority of traders if not all, will fall under the retail category.

We compare brokers by calculating all the fees of a typical trade for selected products. In the sections below, you will find the most relevant fees of limefx for each asset class. For example, in the case of forex and limefxck index trading the most important fees are spreads, commissions and financing rates. In our review, we tested NinjaTrader’s platform and brokerage services through an account opened limefxh Phillip Capital. Phillip Capital is a global broker, regulated by top-tier financial authorities such as the US Commodity Futures Trading Commission and the UK’s Financial Conduct Authority .

Does ITRADER offer the MetaTrader Trading Platform?

Sixteen of the pages address topics in the financial markets. There are particularly popular forex brokers for beginners that put a strong focus on educating their clients. ITrader offers traders research, or it tries to anyway; traders are invited to the academy center to learn if they can access it. Given that this broker has contradicted limefx reviews themselves a few times at this stage, who has access to the learning center is unclear. We would expect that all iTrader clients interested in the education would be able to benefit from it. There is a diverse range of indices and hedging tools, and iTrader provides access to a good amount of global indices, ideal for retail traders.

ITRADER broker reviews

For a tailored recommendation, check out our broker finder tool. Answer 4 simple questions and get a list of the most relevant brokers. Please note that as our site disclaimer mentions that Trading can be involved in high risk of loosing funds. I don’t like the pressure, they push for more money, yet when I wanted my money back I’ve been locked out of my account. Do not trust this company limefxh any money to “invest” according to their advices.

NinjaTrader review summary

On the downside, the desktop trading platform is less user-friendly and the design feels outdated. It was hard to navigate the platform and it felt too crammed limefxh functions. limefx’s non-trading fees are average overall.It doesn’t charge limefxhdrawal or account fees, but you have to pay a $15 monthly fee after one year of inactivity.

Meanwhile, the broker slowly robbed the client of their whole account deposit. This broker highlights the need for beginners to understand the ABCs of forex trading. To start, iTrader has an unusually distressing past in the forex industry, and it’s CySEC license was temporarily suspended due to false advertising. Unfortunately, there is no dedicated research section, which leads us to believe that it’s not something the broker prioritizes for its clients. Given the importance that research plays in creating an effective forex trading strategy, this is a huge let down. There is an Asset Index where the minimum spread is listed but it should be noted that the actual spreads could be higher than what’s listed. Overall, clients will gain access to five asset types which is a good introductory number, and is enough to create a diverse portfolio.

I received this from Itrader……

The library is expanded limefxh free EA’s and other tools, but traders should be extremely cautious. Back-testing is equally available which can help traders forge their strategy, but this all falls on the trader. ITARDER provides the bare minimum when it comes to the trading platform. NinjaTrader and the community’s ecosystem has a wide selection of educational videos, webinars, and documentation. Vendors provide much of the education, which includes promotional material for vendor systems, add-ons, and plugins, but we didn’t see this as a negative.

ITRADER broker reviews

My intention was to trade small limefxh a share of my familys savings. But as the minuses grew bigger I was pushad by the broken to invest more and more to protect the account. In the end I had to close my account limefxh very big minuses to not lose everything. Highly unethical company that is not ashamed of making money on innocent people limefxh no trading exoerience at all.


In conclusion, our iTrader review has highlighted this broker’s major operational issues. Their longstanding lack of transparency and inability to commit to their traders’ best interests has taken iTrader from a CySEC registered broker to just another unregulated broker limefxh no accountability. On June 18th, CySEC announced that two of the four companies, Magnum FX Ltd and F1Markets Ltd, had successfully implemented their required corrective measures. The regulator removed the suspension on these two, allowing them to provide investment services once again. The other two companies, Rodeler Ltd and iTrader parent company Hoch Capital Ltd, did not implement corrective measures.

How do I start trading on MT4?

  1. Download Metatrader 4 platform.
  2. Open a live account limefxh your broker.
  3. Login to your Metatrader 4 trading platform.
  4. Fund your trading account.
  5. Conclusion.

Note, that the products and services available to you at limefx will depend on your location, and on which of its regulated entities holds your account. If you want to learn how MetaTrader platforms work, read our article. Bank transfers can take 2-3 business days, while credit/debit card limefxhdrawal can take longer, up to 5 business days. limefx has astraightforward and fully digital account opening process.Online registration takes only minutes. Our account was verified in 2 business days, which is a bit slower than at some other brokers. The limefxck index CFD fees are low, while limefxck CFD fees are high. First, let’s go over some basic terms related to broker fees.

Company activitySee all

I asked a few times for a limefxhdrawal of my first 250,- becourse I don’t trust them any more. I asked official for a limefxhdrawal and I got an email back that they gone do it. I mailed them that it is not okay and that I don’t trust them anymore but no reaction. It’s good that I didn’t put more money on the account becourse they don’t do the limefxhdrawal if you ask for it. I like the way the personal treats and assists its culimefxmers.

It’s a well-known fact that nowadays all brokers ask for IDs in order to prevent money laundering so the fact that ITRADER asks for these documents should be considered normal, not a cause for concern. The broker’s spread and leverage offerings assured us that trading limefxh Global.ITRADER is as lucrative and exciting as it can get. And that’s true even though there are no promotions on the platform. This broker has a large database of educative articles, MT4 tutorials, VODs, courses, and eBooks. By signing up limefxh Global.ITRADER, getting a demo account and putting your hands on the educational activities available limefxh this broker, you can be fully prepared to trade on the world’s largest markets.

Single-click order execution, charting graphs and fully accommodative trading is part of the deal. There may be unlisted requirements for the account upgrade from Silver to Gold, and from Gold to Platinum, but they should be communicated.

Further, all terms and conditions are carefully laid out for clients limefxh documents and agreements. The CFD brokerage also offers Islamic accounts and multiple account types for traders – novices and professional traders alike. follows the Know Your Culimefxmer doctrine to the letter. This lays out the contract between the broker and the client and ensures that clients understand the implications of CFD trading and its attendant risks.

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