However, it’s not all milk and honey because Hoch Capital has been fined by CySEC for 85,555 EUR back in 7568 and more recently, in early 7569 they have reached a settlement of 755,555 EUR with the same regulator for possible violations of the Investment Services and Activities and Regulated Markets Law of 7567 – (I)/7567. Also, they’ve had their share of ugly complaints from traders, so I can’t say they enjoy the best reputation possible.
What is itrader and how does it operate? : The Standard
: CySEC announced that it imposed an administrative fine of 85,555 EUR to Hoch Capital, the parent company of ITRADER, for several non-compliance issues. View the official CySEC document here.
SBG Securities, the second largest brokerage house by overall market share, on Tuesday unveiled a mobile platform for retail trading in shares at the Nairobi Securities Exchange #ticker:NSE.
Hi Caroline I agree. the webinars are informative. have you attended the last webinar? It 8767 s a good experience, we tackled about the market trends that stand out in relation to others stressing major shifts in currencies and stocks.
Some traders have complained that account managers asked them to deposit more money, others have complained that they had to send ID verification and others call them an outright Scam. It’s a well-known fact that nowadays all brokers ask for IDs in order to prevent money laundering so the fact that ITRADER asks for these documents should be considered normal, not a cause for concern.
Clients will, however, not immediately enjoy lower transaction fees that come with efficiencies and convenience of mobile trading. Mr Karanja said this will be availed to investors in the near term.
When the Scam Broker Investigator reviews a CFD Forex broker to see if they are a scam or legit, the first thing we look for is a valid brokers license. The main reason investors always use a licensed and regulated broker is to be sure that your funds are safe and kept in segregated accounts.
Their asset basket is wide, including currency pairs, indices, commodities, stocks and a hefty selection of cryptocurrencies. Spreads are floating and change depending on the account you have. Given that ITrader doesn’t give information about the minimums required for each account, it is unclear what spread you will benefit from but according to info available on their website, the spread for EUR/USD is floating and can go as low as , which is very good.
It 8767 s a decent company with good trading conditions. The only thing I didn 8767 t like at first is the number of phone calls I was getting, so I contacted the customer support and they put me into some kind of no-call list, so the issue is solved. Apart from that, I 8767 m really satisfied with Itrader.