iTrade

Based on its WikiFX Score of 1.42 and the absence of credible regulatory oversight, iTrade does not demonstrate the hallmarks of a safe or reliable broker for forex trading. The low score reflects critical deficiencies in its compliance and operational framework. WikiFX assessment indicates a highly suspicious operational profile, and engaging with this entity carries significant risk for potential clients.

No, iTrade is not regulated. According to WikiFX data, the broker, operating under Clever Technologies LTD, holds no valid forex trading licenses from any authoritative financial regulator. This absence of regulation is a fundamental concern, as it means client funds are not protected by standard industry safeguards such as segregated accounts or investor compensation schemes.

The specific minimum deposit requirement for iTrade is not currently publicly disclosed. Potential clients should be aware that the lack of such transparent information is often a characteristic of entities with questionable operational standards.

Yes, iTrade offers the MetaTrader 4 (MT4) platform. According to WikiFX data, the broker achieves a software index score of 4.0, which suggests it provides access to this widely-used trading terminal. However, a robust trading platform does not compensate for the severe risks associated with its unregulated status.