Score
IZI Trades
United Kingdom|5-10 years| http://www.izitrades.com
Website
Rating Index
MT4/5 Identification
MT4/5 Identification
White Label
United KingdomContact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
Contact number
+44 2080892629
+442080892629
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Broker Information
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IZI TRADES SOLUTION LIMITED
IZI Trades
United Kingdom
Pyramid scheme complaint
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- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:500 |
| Minimum Deposit | Initial deposit $10000 |
| Minimum Spread | / |
| Products | / |
| Currency | -- |
|---|---|
| Minimum Position | 1 lot |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:500 |
| Minimum Deposit | Initial deposit $5000 |
| Minimum Spread | / |
| Products | / |
| Currency | -- |
|---|---|
| Minimum Position | 0.1 lot |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:1000 |
| Minimum Deposit | Initial deposit $1000 |
| Minimum Spread | / |
| Products | / |
| Currency | -- |
|---|---|
| Minimum Position | 0.01 lot |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
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- Non-Fixed Capital(A)+(B)-(C)=(D)
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Capital
$(USD)
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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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