Compare forex brokers GFTrade VS Itrader

If you're choosing between GFTrade and Itrader forex brokers, we've compared hundreds of data points side-by-side to make finding the right broker for you easier. Is GFTrade better than Itrader? After assessing the two forex brokers on nearly 50 different variables, we would be able to get into an informed conclusion.

GFTRADE VS ITRADER

GFTrade
GFTrade Overview

GFTrade is a global Forex and CFD broker that is primarily based in Singapore as well as St.Vincent and Grenadines. It is regulated by the FSA and offers low entry for minimum capital requirements, as well as low spreads on the trading of 60 assets across currencies, metals, cryptos, indices, energies and stocks.

iTrader
iTrader Overview

ITRADER is a forex and CFD brand that founded in 2016 and operates from Cyprus. It is a regulated brokerage brand under CySEC. EU Regulation enables clients of ITRADER to have access to the Investor’s Compensation Fund. The broker offers CFD trading of commodities, currencies, indices and stocks

# Broker's Features GFTRADE Availability ITRADER Availability
# Commissions
# Hedging
# PAMM
# Scalping
# Accepts US traders
# 24 hour trading
# Swaps
# Demo account
# Daily analysis
# Automated trading
# Mobile trading
# Trading by phone
# 1st deposit bonus
# Forex contests competitions
# Bonuses Promotions
# Interest charges on the balance
# Free education
# Expert advisors
# Partnership programs
# Trust management
# 24 hour support

The variety of online brokers on the internet is very huge, so it is necessary to do a transparent review and comparison of the companies. After spending several days researching different forex brokers for trading FX, our team at onlineforextrading.net team collected over 50 data points. For this review, we will compare GFTrade vs Itrader.

Financial Trading and Investment Services: First of all, you should know which financial instrument you want to trade and then searching for the right broker. This can be stocks, forex, CFDs, cryptocurrencies or options. GFTrade offers Online Financial Trading and Investment Services Such as Currencies, Commodities, Indices, Stocks, Cryptocurrency, while Itrader offers Currencies, Commodities, Indices, Stocks, Cryptocurrency.

Broker Type: Many types of brokers can be found in the most dynamic market in the world. GFTrade is DMA, ECN, No dealing desk, STP, while Itrader is Dealing Desk.

Is the Forex broker regulated? Commissions and fees aside, let's take a look at regulation. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. GFTrade is regulated by FSA, while Itrader regulated by CySEC. For our reviews, official regulation of an official financial authoritarian is required. Brokers have to fulfill certain conditions to get these licenses. In order to violate the rules, they would lose their license and a lot of money.

Languages Available: Next lets have a look at each broker's different Language options. GFTrade offers Chinese, English, German, Hindi, Indonesian, Itali, while Itrader offers Arabic, English, German, Italian, Russian, Spanish Customer Support Languages.

Payment methods: Next lets have a look at each broker's payment options. GFTrade offers bitcoin, Credit/Debit Cards, FasaPay, Neteller, Skrill, Union Pay different payment methods for each account types, while Itrader offers Credit/Debit Cards, iDeal, Neteller, Skrill, Bank Wire Transfer payment methods.

Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, GFTrade makes MT4 available to clients, while Itrader offers MT4.

The Verdict: GFTrade or Itrader?

There’s no such thing as a perfect broker, but some are going to be a better fit for you than others.

Objectively, GFTrade is more reliable based on our criteria above. GFTrade has a wider range of instruments to trade giving you the flexibility to get access and exposure to a wide range of markets. As GFTrade offer STP execution, you can expect tighter spreads with more transparency over the price you‘re paying to execute your trades.

Finally, if you're really not sure you can always use our free tool (takes 15 seconds) that will help you find a suitable Personalised Broker based on your precise requirements here.

Are you Satisfied with what They Offer?