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ITRADER Review

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ITRADER GENERAL INFORMATION

Foundation: ITRADER was founded in 2016

Headquarters: ITRADER has offices in Limassol, Cyprus

US Residents: ITRADER does not accept US traders –No-

Islamic Accounts: ITRADER provides Islamic Accounts (SWAP-Free) –Yes-

Regulated: Regulated by CySEC (No 198/13)

Website Languages: supports English, Spanish, Russian,  French, Lithuanian, Swedish, Italian, German, Portuguese, and Dutch

ITRADER TRADING INFO SUMMARY

■ Broker Type: DD

■ CFD Trading: -Yes-

Platforms: offer MetaTrader4 (MT4) and a MT4 WebTrader

Trading Time Zone: GMT+2

■ Demo Account: Yes, ITrader offers a Demo Account based on MetaTrader-4

■ Minimum Spread EUR/USD:

  • 0.7 pip (EURUSD)

■ Leverage: Flexible, leverage above 1:30 is available to professional clients only

■ Automated Trading: Yes-

■ Bonus: No

■ Minimum Account: $250 

XM Review

XM.com Review

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XM GROUP GENERAL INFORMATION

Foundation: XM Group was founded in 2009

Headquarters: XM Group has offices in Cyprus (EU)

■ US Residents: XM Group forbids traders from the US –No

■ Islamic Accounts: XM Group supports Islamic Accounts –Yes

■ Regulated: XM Group is regulated by CySEC (No. 120/10), ASIC (No. 443670), and FCA (No. 705428)

■ Languages: XM Group website supports English and 30 more languages

XM GROUP TRADING INFO SUMMARY

Broker Type: XM Group is a CFD Broker

CFD Trading: Yes

Platforms: XM Group Offers 1) WebTrader, 2) MetaTrader-4, plus 3) MetaTrader-5

Trading Time Zone: GMT

Demo Account: XM Group is providing a Demo Account –Yes

 Minimum Spread EUR/USD: XM Group spread on EUR/USD is 1.6 pip

Leverage: Leverage at XM Group can be up to 30:1. This leverage applies to all the EU-regulated entities of the group. Leverage depends on the financial instrument traded.

Scalping: is allowed at XM Group –Yes

*Bonus is not applicable for clients registered under Trading Point of Financial Instruments Ltd and Trading Point of Financial Instruments UK Ltd.

■ Minimum Account: $5 

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