1. Is iTrader safe or a scam?
  2. Trading Platform
  3. Accounts
  4. Spread
  5. Leverage
  6. Deposits and Withdrawals conditions with a minimum deposit and withdrawal fee
  7. Conclusion

What is iTrader?

The iTrader has operated since 2012 and since then gained a reputation for success, leading to a stable base of worldwide users who make thousands of trades every month. The broker headquarters in Cyprus, while holding internal lines of various countries for direct connection with their clients, the lines include Russia, Spain, Germany, France, UK Italy, UAE, Norway and more.

A vast supply of financial assets from the iTrader offers competitive fees while giving access to trade Currencies or Forex – that is one of the largest financial markets in the world in terms of transaction volume and trading currency pairs. CFDs on Commodities, Indices with leading indices from Europe, the US and Far East markets. CFDs on Stocks with popular and attractive shares from a range of local and international markets.

iTrader Review Website

Is iTrader safe or a scam?

iTrader operates through two main locations and entities which fall under the particular registrations and regulations. Hoch Capital Ltd is regulated by the Cyprus Securities and Exchange Commission while is governed by necessary regulatory requirements under for the provision of investment services within EEA zone and beyond.

Therefore, the exercise of iTrader investment activities and the operation of regulated markets is in accordance with the rules of MiFID in the European Union, which has the right to cross-border services.

iTrader license

In addition, the second jurisdiction iTrader deliver its service is an offshore Belize, with a relatively poor regulation from FSC as for its offshore nature and low requirements, which may impact as well on differences between the offerings. However, due to a parallel regulation from a European CySEC (Learn about CySEC regulated Legacy FX Broker), you can trust the compliance of a safe trading environment.

Fund security

For the funds’ security, the broker operates in full compliance according to the regulations. All clients funds are always segregated, as well as the company submits on a regular basis financial reports for review, while CySEC clients are also falling under the Investor Compensation Fund for Customers of Cyprus Investment Firms in case of the broker’s default.

Trading Platforms

Obviously, iTrader offers a variety of trading platforms tailored to both new and experienced traders, while the iTrader’s mainstay is a WebTrader or an online trading state of the art software with complete access to a market’s information from any device.

The key features offered by the platform includes live analysis and charts with statistical data, Trading Cubes that show lot sizes, assets and prices, and the Visual Trends which all bring the interpretation of the currency market’s condition along with major trends.

Mobile trading developed by the broker also, which allows you to gain access free of charge and enjoy full control under the account, investment monitor and trades openings. You can also receive the latest reports on the market, analysis and updates straight to the phone.

iTrader platform

Nevertheless, Platinum client’s of iTrader may consider using the most popular software in terms of charting and analysis, the common MT4 which is an option too. The platform is available on a desktop version and combines all available tools and features.


iTrader offers three different account types Silver, Gold and Platinum that are diversified by their offering according to the trader’s type and the size of operations. Moreover, the Islamic Account for the traders that follow Sharia rules is available upon request too.

iTrader spread


As for the trading costs, iTrader does not charge the commission, instead, all executions are subject to the variable spread, that varies according to the account too, see a comparison between accounts below. In addition, the platinum account holders also can enjoy Free VPS, Dedicated Account Manager, News Alerts and discount on Swap or rollover rates, see example below.

As well compare iTrader fees to another popular broker BlackBull Markets.

Silver Gold Platinum
Spread – EUR/USD 2.2 1.3 0.7
Spread – Gold 0.59 0.48 0.37
FX leverage 1:200 1:400 1:500

iTrader swap


As you may see above iTrader leverage levels also depending on the account type you use, however, these levels are applicable for global traders having an account with iTrader global. Therefore, in case your account signed with Cyprus entity of iTrader the maximum allowed leverage under ESMA falls to a maximum 1:30 for Forex instruments, which is happened due to the regulatory restrictions.

Deposits and Withdrawals

The broker offers various payment methods once the account is open, the most common options and through e-wallets are available, payments via Debit card (Visa, MasterCard, Maestro, American Express), WebMoney, Neteller, Skrill, Yandex Money and Qiwi.

The quick withdrawal process through advanced information security system allows customers to get their money when they desire. Due to anti-money laundering requirements (AML), the Company proceeds with payment to an account where the beneficial owner is the same as on the trading account.

In case of credit card deposits, iTrader will first refund all amounts up to the amount deposited through that same card.  In some cases, the credit card company sets a limit on the amount of time that can pass for issuing a refund.  Where this time frame lapses, the funds will be returned to the client via bank wire.


ITRADER does not charge any withdrawal fee to its clients. It should be noted some banks use intermediary banks that charge fees, which is the client’s responsibility.


Another great advantage of iTrader is their customer-oriented and supportive business model while you can always find answers to your questions through online chat, social media, email or calls. Moreover, iTrader’s Academy center pays attention to their traders’ knowledge and offer to become familiar with the basic and deep tenets of financial trading.

The educational process brings numerous learning materials through online webinars, books, courses and tutorials.

Overall, through the years of operation, iTrader presented themselves as an active and trustable trading provider, as well has gained awards as one of the leading industry brokers. Meanwhile,  iTrader is also an official online trading Partner of Manchester City Football Club in EMEA.

iTrader awards


Overall, the iTrader broker offers powerful technical options to trade, along with automatic trading solutions that can be considered by many traders, as well the beginner traders. The variety of trading accounts brings possibilities to choose the most convenient conditions to you needs and strategy you use which is a good plus.

However, the spreads offering are a bit higher than the average industry proposal. Nevertheless, iTrader is also a regulated broker which means the company follows and bringing a clear and calm state of mind that your money safe.

Hoch Capital and iTrader Update

iTrader website is no longer active.

Warning as of 28 May 2020 imposed by the UK’ FCA in regards to Hoch Capital and its trading names Trade ATF (TradeATF) and iTrader as the broker was detected in acting in a manner which is clearly prejudicial to the interests of investors. 

Despite that Hoch Capital is CySEC regulated broker, FCA considers its trading practices and aggressive marketing promotion in the UK controversial to its MiFID obligations. The brokers used misleading marketing and promotion strategies which resulted in numerous complaints and has failed to carry out appropriate assessments of the compatibility of its products and its customers.

As such, Hoch Capital and its trading names imposed to notify all active accounts and must not provide any financial investment services t the UK residents. 

“Hoch Capital Ltd is not permitted to provide regulated financial services to residents of the United Kingdom.” – FCA mentions, read more by the official warning link.

  • CySEC has reached a settlement with CIF Hoch Capital Ltd.

    The Cyprus Securities and Exchange Commission (CySEC) announces that it has reached a settlement with Cyprus Investment Firm Hoch Capital Ltd. This firm operates the brand iTrader. The firm has agreed to pay €200,000 related to a compliance investigation started by the regulator. The iTrader has operated since 2012 and gained a reputation for success,...

    Read more

5 responses to “iTrader”

  1. A decent company with competitive trading conditions, well-functioning website and trading platform. Withdrawals have always been quick, I didn’t notice any hidden fees or charges so far, so overall I’m really satisfied with my trading experience.

  2. well running service. itrader provides a neat platform, many assets, quick access to the market. withdrawing goes without holdup. recommend this broker

  3. It’s a really reliable and trustworthy broker, the platform works really fast, the staff is professional. Itrader also has a nice variety of assets. Highly recommend.

  4. Profitable platform, equipped with many trading tools. I find Itrader responsible and professional broker, it proved it many times.

  5. Bonjour,
    Je voudrais savoir si votre société dont on parle beaucoup de biens,fait aussi le trading automatisé.J’en serais vraiment très heureux dans ce cas.Merci

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