Based in Belize, Global.ITRADER first opened its doors in 2012 to serve traders at an international level. With a focus on bridging technology with trading alongside helpful educational resources, Global.ITRADER manages to deliver a thoughtful blend of services for investors seeking access to global financial markets.
Pros and Cons
Pros
- Commission-free trading for all instruments
- Excellent range of educational resources
- Negative balance protection for accounts
- Withdrawal requests processed within 1-working day
- Scalping and hedging permitted
Cons
- Account manager unavailable for Silver accountholders
- Free news and VPS reserved for Platinum accounts
- No market signals or copytrading support
Recommended For
One of Global.ITRADER’s many strengths is the lengths the online broker goes through to provide applicable services to both novice investors and professional traders alike. The ability to serve individuals from all experience levels is made possible thanks to a well-rounded set of tools and services that provide everything from the basic necessities to more advanced functionality that can support sophisticated automated trading strategies.
For beginners, the range of educational resources hosted on the website itself ensures that individuals with limited to no experience can gain refined knowledge regarding investing effectively from eBooks, on-demand videos, courses, tutorials, and even one-on-one training. More advanced users and professionals will not only uncover helpful materials in the Global.ITRADER Education Center, but also appreciate market analysis and daily reviews penned by expert analysts along with value-added features like news reporting and Virtual Private Server access. In light of all the myriad benefits, Global.ITRADER has developed a comprehensive and thoughtful platform that can cater to the needs of traders hailing from all experience levels.
Top Features
- Transparent Trading Conditions: Global.ITRADER features variable spreads across its account types, with the most favorable trading conditions reserved for Platinum Accounts. Variable spreads for major foreign exchange pairs can start as low as 0.7 pips and there are no extra fees for data streams or opening a professional account.
- Ample Educational Materials: One area where Global.ITRADER really shines is its inclusive approach to investor education. Beginners and advanced traders alike have access to numerous resources including articles, courses, tutorials, video series, daily market analysis, and more.
- Wide Range of Global Tradeable Assets: Take advantage of access to one of the most comprehensive offerings of CFDs on commodities, cryptocurrencies, and indices available from an online ecosystem. Moreover, Global.ITRADER’s provision of CFD products instead of the physical commodities means that traders can take short positions in many markets and even hedge positions.
- Commission-Free Trading With Leverage: Unlimited trading opportunities across five distinct asset classes without paying commissions for trade execution. Margin trading varies by account type, with professional clients entitled to up to 400:1 leverage after meeting at least two out of three criteria regarding trading volume, experience, and size of the financial portfolio.
- Regulated and Compliant Ecosystem: Global.ITRADER is operated by Bayline Trading Ltd, a Belize Investment Firm that is licensed and regulated by the International Financial Services Commission. This means that the company is duly authorized to provide its financial services internationally alongside with keeping clients funds on designated client accounts fully segregated from the Company’s own funds.
Overview
- Type of Broker ECN/STP Broker
- Regulation & Licensing International Financial Services Commission (IFSC)
- Accepted Jurisdictions 39
- Assets Classes Offered *as CFDs Currencies, Commodities, Indices, Shares, Cryptocurrencies
- Platforms Available MetaTrader 4 (Desktop, Web, Mobile)
- Mobile Compatibility iOS, Android
- Payment Types Accepted Credit/Debit Card, Bank Transfer, Skrill, Neteller, Maestro, Trustly, Verified by Visa, Mastercard Securecode
Account Types
|
Features |
Silver Professional Account |
Gold Professional Account |
Platinum Professional Account |
|
Account Currencies |
EUR, GBP, USD |
EUR, GBP, USD |
EUR, GBP, USD |
|
Available Leverage |
Up to 200:1 |
Up to 400:1 |
Up to 400:1 |
|
Minimum Deposit |
$250 |
$250 |
$250 |
|
Starting Spreads |
From 2.2 pips |
From 1.3 pips |
From 0.7 pips |
|
Commission Per Trade |
0 |
0
|
0 |
|
Decimal Pricing |
Up to 5 decimals
|
Up to 5 decimals
|
Up to 5 decimals
|
|
Swaps/Rollovers |
Yes |
Yes |
Yes |
|
Trading Assets (CFDs) |
50 FX Pairs 17 Commodities 20 Indices 176 Stocks 33 Cryptocurrency Pairs
|
50 FX Pairs 17 Commodities 20 Indices 176 Stocks 33 Cryptocurrency Pairs
|
50 FX Pairs 17 Commodities 20 Indices 176 Stocks 33 Cryptocurrency Pairs
|
|
Min. Lot Size Per Trade |
0.01 |
0.01 |
0.01 |
|
Max Lot Size Per Trade |
100 |
100 |
100 |
|
Demo Account |
Yes |
Yes |
Yes |
|
Swap/Rollover Free |
Yes |
Yes |
Yes |
|
Copy Trading Support |
No |
No |
No |
Trading and Investment Tools
- One Click Trading:
- Trade off Charts:
- Email Alerts:
- Mobile Alerts:
- Stop Order:
- Market Order:
- Trailing Stop Order:
- OCO Orders:
- Limit Order:
- 24hr Trading:
- Charting Package:
- Streaming News Feed:
Compliance & Regulation
Global.ITRADER is a licensed and regulated provider of CFD trading execution services, operated by Bayline Trading Ltd a Belize Investment Firm licensed and regulated by the International Financial Services Commission (IFSC) under License No. IFSC/60/322/TS16.Bayline Global World Ltd a company incorporated and existing under the laws of UK with Company No. SC517838 and its registered office address at 69 Brunswick Street, Edinburgh, United Kingdom, EH7 5HT, is a subsidiary of Bayline Trading Ltd. According to the payment agent agreement between Bayline Trading Ltd and Bayline Global World Ltd, Bayline Global World Ltd is acting as a payment agent providing payment services to Bayline Trading Ltd.
Pricing
Affordability is one of the primary benefits delivered to Global.ITRADER customers thanks to the inclusion of low starting floating trading spreads and the company’s commission-free approach. Although more basic account types feature higher starting spreads, Platinum accountholders benefit from tighter starting floating spreads. All starting spreads and a spread comparison table for all account types is available directly from the website. For users with Gold and Platinum accounts, swap discounts of 25% and 50% are available respectively, contributing further affordability to the Global.ITRADER ecosystem. Free Virtual Private Servers (VPS) are available to Platinum accounts for no extra fee or minimum account value.
The process of depositing and withdrawing funds from the trading account generally encounters no fees, but there are two notable exceptions that Global.ITRADER highlights on the website. Withdrawals only encounter a EUR 50 fee (or other currency equivalent) from Global.ITRADER in certain circumstances of account inactivity or a withdrawal request that numbers less EUR 100. Additionally, banks that use intermediary banks to process wire transfers on behalf of clients might assess a fee to be handled directly by the client and not Global.ITRADER.
Service Details
- Supported Languages: English, Italian, German, Spanish, Russian
- Customer Service By: Global.ITRADER
- Customer Service Hours: 7:00 AM till 7:00 PM GMT
- Telephone Orders: Yes
- Personal Account Manager: Yes
Reliability & Security
In accordance with its responsibility as a regulated financial services provider, Global.ITRADER must regularly report on its liquidity partners and trade execution. Its straight-through processing (STP) execution model, which routes all customer trade orders directly to the liquidity partner for execution, ensures the absence of a conflict of interest between the client and Global.ITRADER, adding an extra degree of client assurances. Moreover, the inclusion of negative balance protection means that traders cannot lose more or be responsible for losses that exceed the amount of funds on the trading account.
Beyond the trade execution reliability, Global.ITRADER’s regulatory commitments ensure that traders are protected in multiple different scenarios. They have a highly compliant onboarding process that includes Know Your Customer (KYC) and Anti-Money Laundering processes. Additionally, the trading platform itself is reliable across devices, both desktop and mobile, in terms of trade execution as long as clients ensure a steady internet connection. Platform uptime was consistently uninterrupted, and Platinum Account clients with automated trading strategies benefit from swift routing via free VPS services.
User Experience
Setting up a trading account with ITRADER is designed to be a straightforward process that emphasizes simplicity and ease throughout. Starting from the initial account registration, traders are prompted to input their basic personal details like name, phone, and email into a standard form. Login credentials will then be sent to the listed email address for users to continue the process. In keeping with its KYC and regulatory commitments, ITRADER has users fill out several questionnaires pertaining to investing experience, education, financial circumstances, and sources of trading funds. Afterwards, the process requests proof of identity (POI) and proof of residence (POR) documentation from all users before approving accounts for trading activities.
After spending a few minutes to fill out the registration forms, clients are directed to the User Area where all account activities can be handled including changing personal details, depositing or withdrawing funds, adding or eliminating trading accounts, reviewing account activity, and even download links for the trading platforms. All told, the User Area is very straightforward and accessible, with every function, including customer support outreach, all maintained within a single dashboard. Traders can even open up the browser-based platform from directly within the User Area to manage their investment portfolios.
In terms of trading itself, Global.ITRADER customers can choose their preferred device for installing a version of the MetaTrader 4 (MT4) trade execution platform. With options for PC, Mac, web browsers, iOS, and Android-based devices, Global.ITRADER can even take their trading strategies on the road via mobile device and tablet compatibility. Experienced traders will likely be familiar with the tools and functionality of MT4 and its advanced capabilities like support for automated trading strategies via the Expert Advisors tool. Beginners will appreciate the inclusion of one-click trading options alongside a large selection of included technical analysis tools designed to help refine trade decision-making.
Aside from onboarding, key account functions, and trade execution, Global.ITRADER puts a strong emphasis on investor education and customer service. The website is filled with educational materials and resources that are applicable for both newcomers and more advanced market participants. From explanations of key market terminology to strategy guides and webinars, Global.ITRADER delivers a range of different educational guides, tutorials, videos, and more through its knowledge base. Moreover, the inclusion of analysis and news alerts for Platinum accounts adds value for more sophisticated users.
Users who encounter questions can reach Global.ITRADER customer support representatives between 7:00 AM and 7:00 PM GMT Monday to Friday in English, Spanish, German and Italian. Agents can respond via several different support channels including live chat, email, phone, and fax. Furthermore, the company maintains a robust social media presence between Facebook, LinkedIn, Instagram, Twitter, and YouTube which features the videos, earnings announcements, and market news regularly posted by Global.ITRADER. Moreover, a helpful FAQ section on the website ensures that individuals who are confident finding their own answers to common questions have access to all the information they need directly from their fingertips.
Final Thoughts
With a strong reputation for providing ample educational materials and an uncomplicated trading ecosystem complete with value-added tools and services, Global.ITRADER caters its services to a wide audience, ranging from beginners all the way to seasoned professionals. It’s award winning services combined with affordable, commission-free trading conditions make Global.ITRADER an excellent environment for investors seeking a range of tradeable markets that can be accessed from desktop and mobile devices.
Beyond the services themselves, the Global.ITRADER ecosystem is filled with useful resources including regular market analysis and news for Platinum accountholders. Moreover, the inclusion of swap-free account options, one-on-one training, and knowledgeable customer support representatives all contribute to the high degree of accessibility present across the Global.ITRADER ecosystem. Accordingly, investors of all shapes and sizes can appreciate Global.ITRADER’s commitment to providing the very best CFD trading conditions and services, be they focused on execution, education, or practicing more advanced strategies that require automation and VPS access.
Trading Platform Screenshots
Contact Info
Griva Digeni & Kolonakiou 125, Grosvenor Tower, Ground Floor, Linopetra 3107 Limassol, Cyprus
FAQs
Q: How can I stay updated regarding changing market conditions?
A: Global.ITRADER hosts many educational resources within its knowledge-base, and additionally, provides daily, weekly, and monthly market summaries to help keep traders informed of shifting trends and market conditions. Moreover, a handy economic calendar and news alerts available for Platinum accountholders keeps individuals apprised for what events will be forthcoming and the results of earnings reports, policy, and more.
Q: If I’m not a professional, what is the maximum leverage available from Global.ITRADER?
A: Due to strict regulations and full compliance with regulatory obligations, Global.ITRADER’s retail trading clients who are not designated professionals are entitled to a maximum of 30:1 leverage depending on the asset class.
Q: Are Islamic accounts available from Global.ITRADER?
A: Yes, Shariah-compliant Islamic accounts which are rollover and swap-free are available to Global.ITRADER clients upon request. Simply notify the assigned Global.ITRADER account manager to handle the change in account types.
Q: Can US and Canadian-based investors register for Global.ITRADER’s online trading services?
A: No, Global.ITRADER only accepts clients from select jurisdictions. Canadian and US citizens are currently not eligible to register for Global.ITRADER’s online trading platform.
Q: Does Global.ITRADER support one-click trade execution?
A: Yes, Global.ITRADER supports one-click trade execution via the MetaTrader 4 platform. From the browser-based platform, users can click on “Options” and select “One-Click Trading” which prompts a new window to open. The window outlines all the terms of one-click trading before prompting users to accept the terms and conditions if they wish to proceed with one-click trading directly from the chart window.
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