ItradeInvest-Overview of Minimum Deposit, Spreads & Leverage
abstrak：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.
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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