IDeal Trade
IDeal Trade is a major CFD broker, providing high-quality service and favorable conditions for trading on financial markets. The company offers an advanced trading platform that ensures instant order execution. IDeal Trade allows traders to work from anywhere in the world and at any convenient time.
IDealTrade is registered in Austria, and information about the broker’s headquarters address is available in the website footer. Customer interaction is carried out through a convenient online form or the provided email address. A phone number is not provided.
Advantages for IDealTrade clients:
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fast order execution,
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4 trading platform options,
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wide selection of trading accounts,
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competitive spreads,
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free trading tools,
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zero commission for orders.
The broker highlights safety, convenience, and comfortable working conditions as its main advantages.
Trading Conditions of IDeal Trade
The company provides desktop and mobile versions of the trading platform for use on various operating systems: iOS, Mac OS, Android, Windows. Key platform features include:
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80+ indicators,
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custom analysis parameter settings,
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21 timeframes,
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trading with world-class assets,
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one-click trading,
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hedging,
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built-in economic calendar,
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up to 100 charts simultaneously.
When opening a trading account, investors can choose one of the following broker-offered options:
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Minimum – deposit from $5000, possibility to trade currency pairs, up to 5 orders, spreads from 15 points,
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Standard – account from $10,000, possibility to trade metals and currencies, 10 orders, spreads from 14 points,
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Moderate – initial deposit $20,000, ability to open up to 20 positions, spreads from 12 points, trading available for stocks, metals, and currencies.
The leverage used for all account types can reach up to 1000x. Markets available for trading include stocks, metals, commodities, currency, cryptocurrency, and indices.
Account Funding and Withdrawal in IDealTrade
The option to deposit and withdraw funds is provided using bank transfers, credit and debit cards, as well as e-wallets. To withdraw funds, the client must undergo a verification process.
An inactive account fee of 10% is charged on accounts that have been inactive for more than 6 months after creation. The standard processing time for withdrawal requests is between 2 to 5 business days. The company does not disclose information on possible fees and expected expenses that may be deducted from the client’s deposit.
Conclusion
IDealTrade does not provide full legal information, including details on its regulation, founder, and the launch date of the trading platform. There are no document scans on the website, and the client must rely on the broker’s words regarding its legality.
The trading conditions are attractive, but the minimum deposit is from $5000, implying significant financial risks. Despite the zero order commission, IDeal Trade may have other hidden fees, the size of which is not disclosed.