Easy-Forex Reviews, Easy-Forex Forex - FX-C.com

ITRADER REVIEW

Overview:

The offshore-based FX and CFDs broker ITRADER has three trading accounts. The accounts are called Silver, Gold, and Platinum. The brokers provide an Islamic account to Muslim traders that enable swap-free trade. In this ITRADER review, we will investigate this broker thoroughly and find out its offers and reality.

About ITRADER:

The offshore-based FX and CFDs broker ITRADER claim its inception in early 2012. The trading assets offered are 50 FX pairs, and CFDs on several commodities, indices, stocks. It offers traders a well-established MetaTrader trading terminal. The firm called Hoch Capital Limited manages the ITRADER trademark. The brokers claim its registration at the Cyprus Securities and Exchange Commission, Cyprus. The CySEC imposes many rules and regulations on the brokerage provider in its country. These are maintenance of 7,30,000 euros, and also advises brokers to segregate trading accounts. The broker also claims to offer Investor Compensation Fund to the traders. It helps traders to avoid loss and scam. Also; all the brokerage providers under CySEC are entitled to MiFID compliance. It enables brokers to perform cross border business in the EU.
The initial investment needed to open an account with ITRADER is 250 USD. The initial deposits are according to the current market situation. However, many regulated brokers offer the same services at 5 USD.
The trade at ITRADER is commission-free. The spreads provided according to the types of accounts. The spread on the Silver account is at 2.2 pips, Gold account at 1.3 pips, and Platinum account at 0.7 pips on significant FX pair of EUUSD. The spread of 0.7 is profitable, but it requires a higher initial deposition. The offered leverages are in between 1:200 to 1:500. The provided leverages are according to the current market value but can make colossal profit or loss.
The broker offers to trade on versatile and easy to use a trading platform MetaTrader. It is available on all operating systems like iOS, Android, and Windows. MT is the top-rated trading platforms. ITRADER offers Virtual Private Server to its traders for extra security in FX and CFDs trade.
Many payment gateways manage the payment funding and withdrawal of profits. They are cards, and bank transfers are few to mention. Unfortunately, Skrill and Neteller not provided.

Is ITRADER scam or legit?

ITRADER is a regulated and licensed FX broker by CySEC. The trading conditions offered are higher. The trading platform provided is MetaTrader and is a good sign. However, offshore nature is worrisome. ITRADER may be a potential forex scam broker.
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In 2001 we accepted initial deposits from $25, that could be funded online via credit card – instead of lengthy bank transfer. Our customers responded with loyalty and helped us grow. Over the years we expanded our CFD offerings to include global indices, energy, metals and more. In 2016 we rebranded from easy-forex to easyMarkets. The top 5 picks for the best CFD brokers of 2020 for citizens in Cyprus: XTB is the best CFD broker in Cyprus in 2020. Low forex and stock index CFD fees. Free and fast deposit and withdrawal. Easy and fast account opening. City Index is number two. Low fees for forex and index CFDs. Fast and smooth account opening. Diverse research tools ... Review easy-forex, founded in 2003, is a leading provider of online trading services. It is headquartered in Cyprus with offices, FX trading rooms and customer support centers in over 160 countries worldwide. easy-forex assumes the position of a market maker, with its liquidity providers being UBS (in Switzerland) and The Royal Bank of Scotland (RBS). Personal Data may include but is not limited to name, day of birth, email, address, bank details, financial situation, trading activity, transaction history account balance information, Know-your-clients (KYC) forms. Access to Personal Data Easy Forex may not disclose any such information except as may be necessary in the course of effecting transactions and otherwise administering customer ... Easy Forex Trading Ltd ... A trading name of the Easy Forex Trading Limited is a Cyprus established financial services firm with registration number HE203997 regulated by CySEC in Europe that complies with MiFID set of rules. Means its operation standards enabled within the EU to provide legal service to the EEA zone clients and beyond. EasyMarkets office is also located in the Marshall ... EasyMarkets is a Forex broker founded in Cyprus back in 2001. The broker was initially known as Easy-Forex until rebranding back in 2016. On top of Forex trading, EasyMarkets provides a wide range of products to include derivatives (options, forwards and futures) and CFDs in commodities, indices, and cryptocurrencies. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore FX-C.com doesn’t bear any responsibility for any trading losses you might incur as a result of using this data.

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