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IZI Trades

United Kingdom|2-5 years|
Suspicious Regulatory License|MT4/5 White Label|Regional Brokers|High potential risk|

http://www.izitrades.com

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

White Label

1
Server Name
IZITradesSolution-Real MT5
Server Location United Kingdom

Contact

+442080892629
backoffice@izitrades.com
http://www.izitrades.com

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+442080892629

Broker Information

More

Company Name

IZI TRADES SOLUTION LIMITED

Company Abbreviation

IZI Trades

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-03-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

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IZI Trades · Company Summary

General Information & Regulation

IziTrades is advertised as a broker created by traders for traders, which provides easy access to various markets with over 100 trading instruments, including forex pairs and CFDs. And IziTrades also says to be the official trading partner of Lamborghini and to have been awarded multiple international awards. Unfortunately, the truth is quite different. Not only that IziTrades are not partnering with Lamborghini, but also it turns out their company is based offshore on the remote atoll of Vanuatu, somewhere in the middle of the Pacific Ocean, which in practice makes them virtually anonymous. ziTrades is a unregulated, offshore broker so by definition it cannot be legit.

Markets Instruments

IZI Trades advertises that it provides easy access to various markets with over 100 trading instruments, including forex pairs and CFDs on indices, commodities, precious metals and stocks.

Minimum Deposit

IZI Trades a choice of five account types – Standard, Ruby, VIP, Diamond and Limited, with minimum initial deposit for an standard accounts is $1000, absurdly high compared to many other brokers requirements, $100 or even less.

Leverage

In terms of trading leverage, IZI Trades offers the leverage up to 1:1000, which is considered high. Trading with an unregulated broker offering such high leverage is not a good option, since leverage can amplify returns as well as losses.

Spreads & Commissions

When it comes to spreads and commissions available, GGtrade seems to be quite vague about this part, not providing related information about it.

Trading Platform Available

To our surprise, IZI Trades‘s traders are given access to two trading platform options, MT5 trading platform and a simple proprietary online platform. MT5 is built with various trading tools and capabilities — nine chart types, expert advisors, multiple timeframes, and more - to offer seamless access to the global financial markets. 1Markets’ MT5 trading platform is available in desktop, web, and mobile versions.

Deposit& Withdrawal

In terms of payment methods available, GGtrade does not tell us what funding option it works with. In most cases, most brokers support traders to fund their accounts through Debit/Credit (Visa, MasterCard, Maestro), wire transfer, Skrll, Neteller, Paypal.

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杨裕钧
more than one year
They have a minimum deposit requirement of $1000. This was a bit steep for me, as I wanted to start with a smaller investment. It would have been better if they offered a lower minimum deposit. Overall, I was not happy with this policy and decided to look for another platform that was more suitable for my needs.
2023-03-24 15:27
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