Score

1.46 /10
Danger

Itrade Invest

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index6.64

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

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

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Broker Information

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Company Name

Itrade Invest

Company Abbreviation

Itrade Invest

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 : 2024-12-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Itrade Invest · Company summary

General Information

ItradeInvest, allegedly a global leader in online trading and investments, offers access to more than 4500 markets internationally, with a choice of five account types, leverage as high as 1:200, and a MetaTrader4 platform.

Markets Instruments

ItradeInvest, offers access to over 4 500 markets including 38 major, minor and exotic forex pairs and lots of CFDs on indices, commodities, equities, and crypto coins

Minimum Deposit

Itrade Invest offers five trading accounts to the clients – Green, Premium, Platinum, Executive and Presidential. While the minimum deposit requirement for the Itrade Invest Green Account is 5000 EUR - an amount much higher than most brokers -- they are claiming that you will be able to start trading with just 250 EUR.

Leverage

In terms of leverage, it's 1:200. With such high leverage, only two things can happen - a big win or a big loss. The high leverage may seem like a chance for bigger wins on the surface. With 70% of traders losing in transactions, high leverage, in reality, increases the risk exposure and traders can suffer greater financial losses.

Spreads

Traders suffer because the cost of transactions becomes too high, and they cannot make much money because of the spread, which can reach 3 pip (Green account). When the spread is wide, the broker gets rich while the traders suffer because they cannot make a good profit from the trade.

Trading Platforms Available

In terms of trading platforms available, there is a choice between a Web Trader and a MetaTarder4 at Itrade Invest. As for the later platform, it is provided by a third-party company - CMedia Ltd.

Deposit & Withdrawal

Itrade Invest accepts payments done via credit card, UnionPay, Safecharge and WebMoney. However, Itrade Invest does not provide information about minimum withdrawal amounts or fees related to withdrawals.

Contact Info

The Itrade Invest can be only contated by email: support@itrade-invest.com.

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User comment

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Comments

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志军29694
more than one year
Itrade Invest is not a great choice for trading, in my experience. The spreads are not as competitive as they claim to be, and the initial deposit requirements are quite high. Additionally, I have concerns about the safety of my funds with this broker. Overall, I would recommend looking elsewhere for a trading platform with better trading conditions and more reliable safety measures in place.
Itrade Invest is not a great choice for trading, in my experience. The spreads are not as competitive as they claim to be, and the initial deposit requirements are quite high. Additionally, I have concerns about the safety of my funds with this broker. Overall, I would recommend looking elsewhere for a trading platform with better trading conditions and more reliable safety measures in place.
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2023-03-29 09:34
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张贵洋 天天一泉
more than one year
Please beware of Itrade Invest. They are professional excellent SCAMMERS! It's also not a regulated platform so that can explain why everything sucks and why they take so long. Stay away!
Please beware of Itrade Invest. They are professional excellent SCAMMERS! It's also not a regulated platform so that can explain why everything sucks and why they take so long. Stay away!
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2023-03-06 18:11
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