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iTraders24 -

Score

1.41 /10
Danger

iTraders24

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://www.itraders24.com

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Score

Regulatory Index0.00

Business Index6.24

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

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Company Name

iTraders24 ltd

Company Abbreviation

iTraders24

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2025-01-01
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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iTraders24 · Company summary

Note: iTraders24's official website - https://www.itraders24.com/ is currently inaccessible normal.

iTraders24 Review Summary
Founded2013
Registered Country/RegionUnited Kingdom
RegulationUnregulated
Market Instruments250+, Forex, Stocks, Commodities, Indices, Cryptocurrencies
Demo Account/
LeverageUp to 1:100
SpreadFrom 2 pips (Classic account)
Trading PlatformWeb Trader
Min Deposit$250
Customer Support24/5 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.

iTraders24's homepage

Pros and Cons

ProsCons
Diverse tradable assetsUnfunctional website
Multiple account typesUnregulated 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.

No license

What Can I Trade on iTraders24?

iTraders24 provides traders on this platform tradable products including forex, stocks, cryptocurrencies, commodities, and indices.

Trading AssetAvailable
Forex✔
Stocks✔
Commodities✔
Indices✔
Cryptocurrencies✔
Bonds❌
Options❌
ETFs❌
What Can I Trade on iTraders24?

Account Type

Account TypeMin Deposit
Classic$250
Silver$25,000
Gold$50,000
VIP$150,000
Account comparison

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 TypeSpreadCommission
ClassicFrom 2 pips/
Silver/$0 indices commission
Gold/
VIPFrom 0 pips/

Trading Platform

The only available platform on iTraders24 is a web trader.

Trading PlatformSupported Available Devices Suitable for
Web Trader✔Web/
MT4❌/Beginners
MT5❌/Experienced traders
Web Trader

Deposit and Withdrawal

The only way to deposit and withdraw money with iTraders24 is via Bitcoin.

User Reviews

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User comment

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Comments

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hehe
more than one year
I was not happy with the system when it shut down when I'm in profit. Until I'm in a loss the system became normal, which is very weird and ridiculous. I suspect that they manipulate the price behind.
I was not happy with the system when it shut down when I'm in profit. Until I'm in a loss the system became normal, which is very weird and ridiculous. I suspect that they manipulate the price behind.
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2023-03-06 11:03
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