I Trade24-Overview of Minimum Deposit, Spreads & Leverage
Abstract：Trade24 is an online ECN broker which is based in Switzerland, which offers a variety of accounts for the trading of Forex and CFDs. Finding a reputable Trade24 review local or worldwide can be a difficult process, especially finding a complete list from a trustworthy reputable source.
Note: I TRADE24's official website: https://i-trade24.com is currently inaccessible normally.
| I TRADE24Review Summary | |
| Founded | 2007 |
| Registered Country/Region | India |
| Regulation | No regulation |
| Market Instruments | Forex, CFDs |
| Demo Account | ❌ |
| Leverage | Up to 1:200 |
| Spread | 2.8 pips (Classic Account) |
| Trading Platform | MT4 |
| Min Deposit | $500 |
| Customer Support | Phone: 00442038795491 |
| Email: info@i-trade24.com | |
I TRADE24 Information
I TRADE24 was incorporated in India in 2007. It offers trading instruments such as Forex and CFDs. There are also 6 accounts that support MT4 trading. At present, I TRADE24 is not regulated and the website is not accessible.
Pros and Cons
| Pros | Cons |
| There are accounts that support commission-free | No regulation |
| 6 kinds of accounts | The official website cannot be accessed |
| No payment method information |
Is I TRADE24 Legit?
I TRADE24 is currently unregulated. Its website is currently unavailable.
What Can I Trade on I TRADE24?
I Trade24 offers traders two asset classes, forex and CFDs.
| Tradable Instruments | Supported |
| Forex | ✔ |
| CFDs | ✔ |
| Precious metals & Commodities | ❌ |
| Indices | ❌ |
| Stocks | ❌ |
| Bonds | ❌ |
| ETF | ❌ |
Account Types
I TRADE24 offers 6 Account types: Classic Account, Silver Account, Gold Account, Platinum Account, Mega Account and ECN Account.
Among them, the minimum deposit requirement is $500, and the leverage is uniformly 1:200.
| Account Types | Classic Account | Silver Account | Gold Account | Platinum Account | Mega Account | ECN Account |
| Minimum Deposit | $500 | $2,000 | $5,000 | $20,000 | $50,000 | $50,000 |
| Leverage | 1:200 | 1:200 | 1:200 | 1:200 | 1:200 | 1:200 |
| Spreads (EUR/USD) | 2.8 pips | 2.8 pips | 1.8 pips | 1.3 pips | 0.8 pips | 0.2 pips |
| Commission | Commission-free | Commission-free | Commission-free | Commission-free | Commission-free | $15 per standard lot |
I TRADE24 Fees
The spread of the 6 accounts against EUR/USD ranges from 0.2 pips to 2.8 pips. All accounts are commission-free except ECN Account, which charges a commission of $15 per standard lot.
Trading Platform
I Trade24 offers one trading platform, MetaTrader4, but does not say which devices it supports.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | - | All traders |
| MT5 | ❌ |
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