IAL-Overview of Minimum Deposit, Leverage, Spreads

Note: Since IALs official site (https://ryanmbarron.com/) is unavailable while writing this introduction, only a cursory understanding can be obtained from the Internet.

General Information & Regulation

IAL, a trading name of IAL Group, is allegedly a suspicious regulated forex broker registered in Switzerland that claims to provide its clients with some tradable assets with leverage up to 1:400 and tight spreads from 0.7 pips on the industry-standard MetaTrader5 trading platform.

Market Instruments

IAL advertises that it mainly offers three different asset classes in financial markets, including forex, stocks and commodities.

Leverage

A leverage ratio of up to 1:400 is offered by IAL, which is much higher than that provided by most brokers. Inexperienced traders are advised not to use too much leverage since leverage magnifies gains and losses.

Spreads

IAL claims that the typical EUR/US spread is 0.7 pips on the Standard account type.

Trading Platform Available

The platform available for trading at IAL is the worlds most widely-used MewtaTrader5 platform. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.

Deposit & Withdrawal

IAL appears to accept deposits and withdrawals via bank transfers only. The minimum initial deposit requirement is said to be $100.

Customer Support

IAL‘s customer support can be reached by telephone: +41 41 508 76 50, email: support@ial.ltd, info@ial.ltd or live chat. However, this broker doesn’t disclose other more direct contact information like the company address that most brokers offer.