iTradingFX

According to WikiFX assessment, iTradingFX exhibits a very high-risk profile. It holds an overall WikiFX score of 1.21, reflecting significant concerns about its operational integrity. The primary issue is its regulatory status; the broker's sole claimed license is unverified, indicating a severe lack of credible financial oversight and investor protection. While the trading software reported is rated highly, the unverified regulatory standing severely compromises its safety and reliability for retail traders.

iTradingFX, operating under the legal entity Royal Financial Trading, does not hold an active, verified regulatory license. While the company has submitted an application for a Forex Execution License (STP) with the Cyprus Securities and Exchange Commission (CySEC) under reference number 312/16, this license is listed as 'Unverified'. This status means it is not authorized to offer investment services, placing it outside the protection of any recognized financial regulator.

iTradingFX maintains an exceptionally high-tier account structure. The minimum deposit requirement starts at 25,000 EUR for its 'Bronze' account. Deposit requirements increase significantly for higher-tier accounts: 50,000 EUR for the 'Gold' account, 100,000 EUR for the 'Platinum' account, and 250,000 EUR for the 'Exclusive' account. These entry levels are far above the industry average and indicate a focus on high-net-worth or institutional clients.

The data does not explicitly list which specific trading platforms iTradingFX supports, such as MetaTrader 4 or MetaTrader 5. WikiFX assessment indicates the broker's software index is scored at 4.0 out of a possible 10, which suggests a functional but not market-leading technological offering. For definitive confirmation on platform availability, traders are advised to consult the broker's official website or WikiFX platform updates for the latest information.