iTradingMarkets

Note: iTradingMarkets official site - http://www.itradingmarkets.com/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

What is iTradingMarkets？

iTradingMarkets claims to be an online trading provider based in China. However, due to the current unavailability of its website, it's difficult to verify its compliance with regulations and its general trustworthiness. Furthermore, the fact that it's unregulated raises further concerns about its legitimacy.

In this article, we strive to give a comprehensive review of iTradingMarkets by looking at different aspects of the platform. If you are considering this service, we recommend reading further for in-depth information. The article concludes with a summary highlighting the platform's main features for quick reference.

Pros & Cons

iTradingMarkets offers both strengths and weaknesses that prospective users will want to consider.

A notable advantage of this platform is the inclusion of the widely used and highly regarded MetaTrader 4 (MT4) platform known for its advanced tools and user-friendly interface.

However, the broker also has significant downsides. Its unregulated status raises concerns about its legal compliance and reputability. The inaccessibility of its website is another obstacle, which limits potential clients' ability to evaluate services or contact support. A lack of transparency adds to these issues, creating uncertainty around the broker's operation and trading conditions. Lastly, negative feedback from customers indicates potential challenges with customer satisfaction.

As always, traders are advised to fully consider these pros and cons when selecting a broker.

Is iTradingMarkets Safe or Scam？

When considering the safety of a brokerage like iTradingMarkets or any other platform, it's important to conduct thorough research and consider various factors. Here are some steps you can take to assess the credibility and safety of a brokerage:

• Regulatory sight: Currently, this broker is under no valid regulation, which is a cause for concern about its legitimacy and reliability. This situation is further exacerbated by the non-functional state of the broker's website. It's imperative to conduct thorough research and due diligence for any financial organization, especially when glaring red flags such as these are present.

• User feedback: One report regarding unable to withdraw on WikiFX significantly impose doubts of the brokers liquidity and necessitates caution for those considering its services, underscoring the importance of utilizing reliable, user-friendly platforms.

• Security measures: Currently, there is no publicly available information regarding the security measures implemented by this broker.

Ultimately, the decision whether to engage in trading with iTradingMarkets or not is a personal one, necessitating a careful evaluation of the pros and cons before arriving at a conclusion.

Trading Platform

iTradingMarkets grants its clients access to the highly respected MetaTrader 4 (MT4) platform as a primary medium for executing trades.

As a globally recognized platform, MT4 is praised for its advanced capabilities which include powerful charting tools, an extensive selection of resources for technical analysis, and the ability to use automated trading strategies via Expert Advisors. Its user-friendly design facilitates uncomplicated navigation through complex trading processes even for beginners.

Nevertheless, the effectiveness of the trading platform, along with the holistic user experience greatly hinge on its implementation and support by the broker.

User Exposure on WikiFX

You can note on WikiFX that there's a report about withdrawal issue, which should be acknowledged as a warning sign. We urge traders to meticulously examine all available information. You can refer to our platform prior to trading for pertinent details. If you come across any rogue brokers or if you've fallen prey to such practices, kindly report it in our “Exposure” section. It would greatly aid our cause and our expert panel would take necessary steps to address the problem as soon as possible.

Customer Service

iTradingMarkets offers customer service support through email, QQ and phone. However, it is noteworthy that more intensive communication options like live chat and social media which diversify channels for issue resolution, are not currently available.

Email: support@itradingmarkets.com.

Phone: 4001161020.

QQ: 1533977172.

Conclusion

While iTradingMarkets identifies itself as an online trading platform based in China, a host of red flags, including its unregulated status, cast doubts regarding its legitimacy. The lack of regulation creates a perilous environment for traders, with the potential for contravening standard financial practices. Additionally, issues with its website's accessibility and negative customer reviews on WikiFX point towards an imbalance in its professional handling and responsibility, adversely impacting the user experience.

It is advised that any prospective trader should tread cautiously when dealing with iTradingMarkets. Understanding the significance of transparency and regulatory compliance is imperative and it is suggested to choose platforms that adhere to these regulatory standards.

Frequently Asked Questions (FAQs)

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.