User Reviews
More
User comment
2
CommentsWrite a review
Score
Greece
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Add brokers
Comparison
Quantity 1
Exposure
Score
Regulatory Index0.00
Business Index5.46
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
More
Company Name
IQTrade
Company Abbreviation
IQTrade
Platform registered country and region
Greece
Company website
X
YouTube
Company summary
Pyramid scheme complaint
Expose
IQTradeReview Summary | |
Founded | 2022 |
Registered Country/Region | Greece |
Regulation | No regulation |
Market Instruments | Futures |
Demo Account | ❌ |
Leverage | Up to 1:500 |
Spread | From 1.5 pips (Standard account) |
Trading Platform | MT5, Web Platform, Mobile Platform |
Min Deposit | $100 |
Customer Support | Contact form |
X, Youtube, Instagram | |
X: https://twitter.com/iqtradeId | |
Youtube: https://www.youtube.com/channel/UC8o-JNRX2A50-oUgi9YohPw | |
Instagram: https://www.instagram.com/iqtrade.id/ |
Founed in 2022, IQTrade is an unregulated broker registered in Greece, offering futures trading with leverage up to 1:500 and spread from 1.5 pips on the Standard account through the MT5, Web and Mobile trading platforms. Demo accounts are not available and the minimum deposit requirement to open a live account is $100.
Pros | Cons |
Multiple account types | New to the market |
MT5 platform | No regulation |
Limited tradable asset classes | |
No demo accounts | |
Unknown payment methods |
No. IQTrade currently has no valid regulations. Please be aware of the risk!
Tradable Instruments | Supported |
Futures | ✔ |
Forex | ❌ |
Commodities | ❌ |
Indices | ❌ |
Stocks | ❌ |
Bonds | ❌ |
Options | ❌ |
ETFs | ❌ |
Here are four account types the broker offers:
Account Type | Min Deposit |
STANDARD | $100 |
ECN | $2,000 |
PRO | $5,000 |
ISLAMIC | $100 |
The broker offers maximum leverage of 1:500. The use of leverage can both work in your favour and against you. Leverage magnifies the returns from favorable movements in a currency's exchange rate.
Account Type | Spread |
STANDARD | From 1.5 pips |
ECN | From 0.6 pips |
PRO | From 0.1 pips |
ISLAMIC | From 1.5 pips |
The transaction fee for future products is $0.50.
The trading commission for Agent product is up to 60%.
Trading Platform | Supported | Available Devices | Suitable for |
Web Platform | ✔ | Web | / |
Mobile Platform | ✔ | Mobile | / |
MT5 | ✔ | PC, mobile | Experienced traders |
MT4 | ❌ | Beginners |
More
User comment
2
CommentsWrite a review