24Option vs ITRADER - Online Brokerage Comparison

24Option vs ITRADER | CFD Broker Comparison

24Option vs ITRADER Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$250Web Trader & Apps, MT4130+CySEC, IFSC
$250MT4200+CySEC

24Option vs ITRADER Comparison

ITRADER is an MT4 broker. 24Option provides a web trader (and apps) and additionally offers MT4. Both brokers provide Cryptocurrency CFDs to trade. When trading a CFD, the trader does not own the underlying market, thus in the case of a Crypto CFD, they do not need a wallet, can go long or short and use leverage (increasing leverage increases risk). ITRADER has a particularly wide offering of Crypto CFDs, for a CFD broker. Both have a similar range of other CFD markets to trade and offer a range of account types with differing features for higher minimum deposits. As each provides MT4, both allow the trader to use automated trading strategies. 24Option is regulated by the CySEC in Cyprus and the IFSC in Belize. ITRADER is regulated by the CySEC in Cyprus.

Quick comparison

Both are CFD brokers offering MT4, though 24Option also has its web trader and apps.

Minimum deposit and key account features

The minimum deposit for 24Option is $/€/£250. The minimum deposit for ITRADER is $250.

  • 24Option offers an Economic Calendar, Market Reports, Analysis and Videos on its website and Trading Central.
  • ITRADER provides three account types, Silver, Gold and Platinum. The current minimum deposit for Gold and Platinum is available upon request from the account manager assigned to the trader's account. Micro lot trading is offered. An Islamic account is available.
  • ITRADER provides an extensive animated trading course on its website. It also offers eBooks, webinars and daily reviews and provides hedging for all account types. The Gold account additionally provides extra webinars and videos and a dedicated account manager. The Platinum account additionally provides a Free VPS and News Alerts.

Markets

  • 24Option offers Forex, Indices, Energy, Metals, Stocks, Cryptocurrencies and Soft Commodities, with 130+ available.
  • ITRADER offers Forex, Indices, Energy, Metals, Stocks, Cryptocurrencies and Soft Commodities, with 200+ available.

Cryptocurrency CFDs

  • 24Option offers Bitcoin, Ethereum, Litecoin, Ripple and DASH CFDs.
  • ITRADER offers Bitcoin, Ethereum, Litecoin, Ripple, DASH, Bitcoin Cash ABC, NEO, Monero, Zcash, QTUM, Bitcoin Gold, Ethereum Classic, IOTA, DASH, TRON, Cardano, Bitcoin SV, Lisk, Siacoin, Tether, NEM, Stellar, Verge, WAVES and Golem CFDs.

Leverage

Maximum leverage for 24Option (CySEC regulated) is . Maximum leverage for ITRADER (CySEC regulated) is .

Online trading platforms

Both offer MetaTrader 4 (MT4). 24Option additionally provides its web trading platform and apps.

Why 24Option or RoboForex ?

Traders who wish to access the features of MT4 can do so at either broker. 24Option has its user friendly web trader for traders who makes their own trading decisions. Traders who wish to trade Cryprocurrency CFDs (such as Bitcoin and Ethereum CFDs) can do so at either broker, but ITRADER has a particularly wide range available, compared with other CFD brokers, with CFDs based on 20+ underlying crypto markets.

Comparison summary

  • Each offers CFD trading
  • Both provide MT4
  • 24Option additionally offers its web trader and apps
  • Each has a similar range of CFD markets
  • Both have the same minimum deposit
  • Each offers Crypto CFDs, though ITRADER has a relatively wide range

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