The offshore-based FX and CFDs broker ITRADER has three trading accounts. The accounts are called Silver, Gold, and Platinum. The brokers provide an Islamic account to Muslim traders that enable swap-free trade. In this ITRADER review, we will investigate this broker thoroughly and find out its offers and reality.


The offshore-based FX and CFDs broker ITRADER claim its inception in early 2012. The trading assets offered are 50 FX pairs, and CFDs on several commodities, indices, stocks. It offers traders a well-established MetaTrader trading terminal. The firm called Hoch Capital Limited manages the ITRADER trademark. The brokers claim its registration at the Cyprus Securities and Exchange Commission, Cyprus. The CySEC imposes many rules and regulations on the brokerage provider in its country. These are maintenance of 7,30,000 euros, and also advises brokers to segregate trading accounts. The broker also claims to offer Investor Compensation Fund to the traders. It helps traders to avoid loss and scam. Also; all the brokerage providers under CySEC are entitled to MiFID compliance. It enables brokers to perform cross border business in the EU.
The initial investment needed to open an account with ITRADER is 250 USD. The initial deposits are according to the current market situation. However, many regulated brokers offer the same services at 5 USD.
The trade at ITRADER is commission-free. The spreads provided according to the types of accounts. The spread on the Silver account is at 2.2 pips, Gold account at 1.3 pips, and Platinum account at 0.7 pips on significant FX pair of EUUSD. The spread of 0.7 is profitable, but it requires a higher initial deposition. The offered leverages are in between 1:200 to 1:500. The provided leverages are according to the current market value but can make colossal profit or loss.
The broker offers to trade on versatile and easy to use a trading platform MetaTrader. It is available on all operating systems like iOS, Android, and Windows. MT is the top-rated trading platforms. ITRADER offers Virtual Private Server to its traders for extra security in FX and CFDs trade.
Many payment gateways manage the payment funding and withdrawal of profits. They are cards, and bank transfers are few to mention. Unfortunately, Skrill and Neteller not provided.

Is ITRADER scam or legit?

ITRADER is a regulated and licensed FX broker by CySEC. The trading conditions offered are higher. The trading platform provided is MetaTrader and is a good sign. However, offshore nature is worrisome. ITRADER may be a potential forex scam broker.
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Lesson 7: What is a pip worth in forex? Trade sizes and ... Episode 88: How To Calculate Pips and Pip Value in Forex ... FOREX TRADING - HOW TO COUNT THE PIPS & CALCULATE ... Forex Calculation Formulas Get Your Pip Value Calculator (Free) - YouTube The Easiest Forex STRATEGY! You must watch! 🙄 - YouTube HOW TO CALCULATE PIPS, PROFIT & PIP VALUE IN FOREX TRADING ... USD JPY - EUR USD 30 - 40 Pips 90%+ Win Secret Forex Trading Price Action Profitable By Tani Forex EUR/USD Technical Analysis for April 08, 2020 by FXEmpire Forex Analysis. Predicting Market Movements with Lines ...

If EUR/USD moves from 1.1070 to 1.1071, that .0001 USD rise in value is one pip. Pip is the acronym for Price Interest Point , which is the smallest price move that a given exchange rate can make. Trade the markets with IronFX and receive market insights provided by our award-winning Research Team. Let’s say you are aiming to trade the EUR/USD currency pair, and you decide to purchase one lot. One lot is worth 100,000 EUR. One pip is 0.0001 for EUR/USD. The currency value of one pip for one lot is therefore 100,000 x 0.0001 = $10. Let’s say you buy the EUR/USD at 1.16650, and later close your position by selling one lot at 1.16660 ... Bitcoin (BTC/USD) Forex Brokers; Compare Skrill Forex Brokers ; Contact us; EURUSD . EUR/USD Stats. EURUSD STATISTICS & RESEARCH. EURUSD is the indisputable king of currency trading, offering maximum liquidity and tight trading spreads. EURUSD is the ideal Forex asset for scalpers and day-traders. The pair becomes more liquid and active between 8:00 am and 12:00 EST as the European and US ... In foreign exchange (forex) trading, pip value can be a confusing topic.A pip is a unit of measurement for currency movement and is the fourth decimal place in most currency pairs. For example, if the EUR/USD moves from 1.1015 to 1.1016, that's a one pip movement. Most brokers provide fractional pip pricing, so you'll also see a fifth decimal place such as in 1.10165, where the 5 is equal to ... The value of the EUR/USD pair is quoted as 1 euro per x U.S. dollars. For example, if the pair is trading at 1.50, it means it takes 1.5 U.S. dollars to buy 1 euro. For example, imagine that on November 14, the EUR/USD (the euro and US dollar exchange) closed at 1.3520, and on November 18, it closed at 1.3522. The difference between the two values shows that the price of the EUR/USD increased by 2 pips (1.3522 - 1.3520 = .0002). The value of one pip would be expressed in terms of the quote currency and the order quantity that was purchased. A typical lot ... What Is A PIP In The FOREX Market? When a currency moves (upward or downward) against another, the pair gains or loses “PIPs”. A PIP or Percentage In Point is the smallest price change. Let’s say that the EUR/USD moves from $1.1868 to $1.1869, it means that the pair rose by 0.001 $ in value, or 1 PIP. A PIP is usually the last decimal of a quotation – the 4 th decimal with most ...

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Lesson 7: What is a pip worth in forex? Trade sizes and ...

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