Score
iTraders24
United Kingdom|2-5 years| https://www.itraders24.com/
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic Information
United KingdomAccount Information
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Website
itraders24.com
Server Location
United States
Website Domain Name
itraders24.com
Server IP
104.26.6.130
Company Summary
Note: iTraders24's official website - https://www.itraders24.com/ is currently inaccessible normal.
| iTraders24 Review Summary | |
| Founded | 2013 |
| Registered Country/Region | United Kingdom |
| Regulation | Unregulated |
| Market Instruments | 250+, Forex, Stocks, Commodities, Indices, Cryptocurrencies |
| Demo Account | / |
| Leverage | Up to 1:100 |
| Spread | From 2 pips (Classic account) |
| Trading Platform | Web Trader |
| Min Deposit | $250 |
| Customer Support | 24/5 support |
| Contact form | |
| Tel: +44 203 0973266 | |
| Email: Support@iTraders24.com | |
| Company Address: 150 Minories, London EC3N 1LS, UK | |
Based in the UK, iTraders24 is an unregulated broker. Through a web trader, it provides market instruments such as stocks, commodities, FX, indices, and cryptocurrencies. This platform's trading window is open till 1:100. To begin trading on this platform, traders must invest at least $250.
Pros and Cons
| Pros | Cons |
| Diverse tradable assets | Unfunctional website |
| Multiple account types | Unregulated status |
| Wide spreads on the Classic account | |
| No MT4/5 | |
| High minimum deposit requirement | |
| Only accept Bitcoin payments |
Is iTraders24 Legit?
No, iTraders24 has not been regulated by any notable authorities, which indicates that it carries higher risks.
What Can I Trade on iTraders24?
iTraders24 provides traders on this platform tradable products including forex, stocks, cryptocurrencies, commodities, and indices.
| Trading Asset | Available |
| Forex | ✔ |
| Stocks | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Cryptocurrencies | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
| Account Type | Min Deposit |
| Classic | $250 |
| Silver | $25,000 |
| Gold | $50,000 |
| VIP | $150,000 |
Leverage
The leverage provided by iTraders24 is up to 1:100. However, according to the regulations, British and Australian brokers have to limit their clients to 1:30, while US brokers cant provide more than 1:50. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
iTraders24 Fees
| Account Type | Spread | Commission |
| Classic | From 2 pips | / |
| Silver | / | $0 indices commission |
| Gold | / | |
| VIP | From 0 pips | / |
Trading Platform
The only available platform on iTraders24 is a web trader.
| Trading Platform | Supported | Available Devices | Suitable for |
| Web Trader | ✔ | Web | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
The only way to deposit and withdraw money with iTraders24 is via Bitcoin.
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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