Score
Islero
Mauritius|Within 1 year| https://www.islerocap.com/en/
Website
Rating Index
MT4/5 Identification
MT4/5 Identification
Full License
United KingdomContact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
Mauritius
Within 1 year Suspicious Regulatory License MT5 Full License Regional Brokers High potential riskAccount Information
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
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Website
islerocap.com
Server Location
United States
Website Domain Name
islerocap.com
Server IP
3.33.251.168
Company Summary
Islero Information
Islero is a broker without regulation. It was founded in the previous year in Mauritius. It provides competitive trading conditions, with leverage up to 1:500 and cheap spreads starting at 0.1 pip. Its unregulated status makes it unsafe.
Pros and Cons
| Pros | Cons |
| Low cost with pread from just 0.1 pips | Unregulated |
| Super fast order executions | Not supporting MT4 platform |
| Trade 5 types of instruments | |
| 24/7 customer support and expert assistance |
Is Islero Legit?
Islero is unregulated with its domain registered on December 23, 2017. Furthermore, notable regulatory bodies like the Australian Securities and Investments Commission (ASIC) and the Financial Conduct Authority (FCA) in the UK do not oversee Islero.
What Can I Trade on Islero?
A variety of trading products are available from Islero, such as CFDs on stocks, commodities, indices, Forex, and cryptocurrencies. However, bond CFDs are not available.
| Tradable Instruments | Supported |
| Forex Trade | ✔ |
| Commodities | ✔ |
| Stocks CFDs | ✔ |
| Indices | ✔ |
| Cryptocurrency CFDs | ✔ |
| Bond CFDs | ❌ |
Account Type
The broker offers three types of live trading accounts: Pro Account , Elite Account, and Islero Premium Account. Each account is different to its individual trading preferences and funding needs.
| Account Type | Leverage | Min Deposit | Commissions |
| Pro Account | Up to 1:500 | $0 | $0.00 |
| Elite Account | Up to 1:500 | $0 | $6.00 |
| Islero Premium Account | Up to 1:200 | $5,000 | $0.00 |
Leverage
Islero offers leverage up to 1:500 to help traders increase the size of their investments in the market. While high leverage can bring substantial gains, it also increases the risk of losses.
Islero Fees
Islero spreads
Islero's Pro Account offers floating spreads, while both the Elite and Premium accounts feature raw spreads starting from 0. This spread structure can accommodate traders with different strategies and needs.
Trading Platform
The Islero platform supports the MT5 trading system, which allows mobile devices and desktop systems (including Windows and macOS). The platform offers advanced analytical tools and fast execution features, making it particularly suitable for experienced traders.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Mobile and Desktop（Windows&macOS） | Experienced Trader |
| MT4 | ❌ | Mobile and Desktop（Windows&macOS） | Beginner |
| Tradingweb Platform | ❌ | Windows, Web Browser, Android, MAC, iOS | High-volume Traders, Scalpers, and Robots |
Deposit and Withdrawal
Deposit requirements at Islero differ depending on the kind of account; for Pro and Elite Accounts, the minimum deposit is$0; for the Islero Premium Account, it is $5,000.
Customer Service
The broker provides 24/7 customer support. If you have any questions, you can contact them via phone, email and live chat.
| Contact Options | Details |
| Phone | +23055091810 |
| support@islerocap.com | |
| Online Chat | Available |
| Physical Address | Vieux Conseil Street 4th Floor, Les Jamalacs Building, Port Louis, Mauritius |
The Bottom Line
Islero is an unregulated broker with less than a year of experience, which is not safe. It is a good choice for experienced traders because of its low spreads from 0.1 pips and high leverage of up to 1:500.
FAQs
Is Islero good for beginners?
Islero offers Pro and Elite Accounts with no minimum deposit, making it accessible for beginners.
Is Islero good for day trading?
Yes, Islero provides competitive low spreads and high leverage, which can benefit day traders looking for quick execution and cost-effective trades.
Is it safe to trade with Islero?
No, trading with Islero carries risks due to its unregulated status and limited operational history.
Risk Warning
Online trading is risky and not for everyone. Please understand the risks and notice that information may change.
Keywords
- Within 1 year
- Suspicious Regulatory License
- MT5 Full License
- Regional Brokers
- High potential risk
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