About I TRADE24
Company Overview
I TRADE24 is a brokerage firm registered in India, founded on May 20, 2019. The company operates under the name I TRADE24 with its official website at i-trade24.com.
As a relatively new entrant in the trading space, the firm appears to target retail traders seeking access to global financial markets. However, publicly available information about its ownership, management team, and physical office addresses remains limited.
Regulation and Safety
A critical aspect of any brokerage is its regulatory status. According to FXCanary's records, I TRADE24 does not hold any known regulatory licenses from recognized financial authorities. This absence of oversight is a significant factor in the broker's elevated scam risk score of 51 out of 100.
Without regulatory supervision, traders may face heightened risks, including lack of investor protection, no independent dispute resolution, and potential for unfair practices. The broker's registration in India does not automatically provide the same safeguards as major regulatory jurisdictions like the FCA, CySEC, or ASIC.
Trading Conditions
Due to the lack of publicly verifiable data, specific details about I TRADE24's trading conditions are unavailable. Typical broker offerings such as account types, spreads, leverage, trading platforms, and instruments cannot be confirmed from independent sources.
Prospective traders should be aware that the absence of transparent information makes it difficult to assess the broker's suitability for their needs. It is advisable to seek detailed documentation directly from the broker and verify any claims made on its website.
Deposits and Withdrawals
No information is available regarding the payment methods supported by I TRADE24. Standard brokers often offer bank transfers, credit/debit cards, and e-wallets, but this has not been confirmed for I TRADE24.
Similarly, withdrawal policies, processing times, and any associated fees are not known. Traders must exercise caution and request clear terms before funding an account.
Conclusion
I TRADE24 presents itself as an online broker based in India, but it operates without recognized regulatory oversight. The elevated scam risk score reflects the uncertainties surrounding its operations.
For traders, the lack of transparency and regulatory protections means that engaging with this broker carries substantial risk. A thorough due diligence process, including direct contact with the broker and review of any available client feedback, is strongly recommended before considering any commitment of funds.
Overview compiled by FXCanary from regulatory records and public data. full I TRADE24 review