Should You Trade with Forex iTrade?
Forex iTrade has been flagged as an unauthorized broker. This means that it is either operating in an area or has clients in an area that is not covered by a license. Not only do many of the scam brokers not have a reliable license–many of them have no licenses at all. This seems to be the case with iTrade. It has been identified as problematic for not being authorized and we couldn’t find any proof of licensing.
We Have Found Some Problems with Forex iTrade
Forex iTrade doesn’t have any transparency. We don’t see who runs Forex iTrade, there is no contact information or any real description about services or terms and conditions. You shouldn’t trust your money with people if you don’t know who they are. That seems like common sense, however, brokers like iTrade often attract people who are desperate to make money. Don’t fall for it. Stay away fromForex iTrade
Red Flags Concerning Forex iTrade:
- No transparency
- No license
- Flagged as for lack of licensing
- Bad reviews
What Should You Do If You Have an Account with Forex iTrade?
We do not recommend opening an account with Forex iTrade. If you do hold an account with this broker, close it right away and ask for a withdrawal of your funds. If the broker will not allow you to retrieve your funds, talk to professionals right away. We will investigate the matter, track down the broker and your funds, and will help you prepare your claim.