iDeR trading-Overview of Minimum Deposit, Spreads & Leverage

General Information & Regulation

iDeR trading is an online broker registered in Seychelles, operated by iDeR Creations Limited. There is zero evidence that this broker is regulated, so it is unsafe to trade with this broker.

Markets Instruments

iDeR trading is providing abundant financial services such as FX, metal, CFD, commodity, Crypt, Single Stocks for individual traders and institutional traders.

Minimum Deposit

The minimum deposit is from 10,000 JPY/100 USD. Although the amount required by iDeR trading is acceptable for regular traders, given the fact that this broker is unregulated broker, traders are not register a trading account here.

Micro Trade Size

The minimum lot in an account is 0.01 lot.

Leverage

The maximum trading leverage is up to 200-fold, which may not that generous compared to many other brokers offering. Since leverage can magnify returns as well as potential risks, inexperienced traders are not advised to use too high leverage.

Spreads & Commissions

Spreads displayed on the iDeR trading are super wide, which is rarely unusual. The spread on the EUR/USD is 12 pips, almost ten time than the industry standard.

Trading Platform Available

iDeR trading has chosen MetaTrader4 (MT4) as their trading platform. This is the most popular solution, which is preferred by many brokers. It is also admired by lots of traders, mainly for the outstanding charting capabilities and the add-ons which are available. At the MQL marketplace, a broker independent online store, you can test, loan and purchase newly developed technical indicators and automated trading robots (better known as Expert Advisors).

Deposit& Withdrawal

iDeR trading does not tell us payment options it supports. In most cases, many brokers support its traders to fund their accounts through Debit/Credit ( Visa, MasterCard, Maestro), Wire Transfer, e-wallets including Skrill, Neteller.

Trading Time Zone

It is 22:05 (SUN) until 21:50 (FRI) with GMT. However, it varies by part of financial merchandise.