ITinvest: detailed broker review and client ratings
ITinvest – a brokerage company positioning itself as one of the leaders in trading on the financial markets of Russia. The firm is actively involved in the stock and currency markets, as well as provides CFD services. In addition, “ITinvest” specializes in developing software for trading securities and other assets, which significantly facilitates traders’ work according to user reviews. Let’s conduct a detailed analysis of iticapital.ru and find out how much trust can be placed in this company.
Main information about the broker ITinvest
Let’s find out details about the company “ITinvest”. The broker’s registration dates back to 2000, and its main office is located on Presnenskaya Embankment in Moscow. In 2016, the National Rating Agency of Russia assigned the firm the highest credit rating AAA with a favorable outlook, which remains unchanged to this day. ITinvest is among the top 10 brokers in Russia.
The authorized capital of the organization amounts to 435 million rubles. “ITinvest” holds licenses for brokerage, dealer, and depository activities. The relevant permits were obtained in 2004 and 2005. The company also has a GFSC license, allowing clients to operate in foreign markets.
Assessment of the website itcapital.com
The official website of the broker is itcapital.com. User reviews about it are mixed. Let’s provide a brief overview of the “ITinvest” resource.
Upon entering the site, the visitor will see a welcome message informing that the company has been successfully operating for over 19 years. The main menu items are located below the welcome text, but they are not always immediately noticeable, so users may need to search for them on the page. In the top right corner, there are offers to open and fund an account, as well as a login button.
Main sections of the site:
- Services,
- Tariffs,
- Analytics,
- Software,
- About the company.
The latest news and analytics are presented on the main page below the main menu. This facilitates traders’ access to current information without the need to search for the corresponding section.
The site also features links to the broker’s social media, where users can find news, reviews of new features, and user feedback. In the bottom right corner of the page, there is a button for quick access to consultants and technical support.
Services offered by ITinvest
Let’s consider a brief overview of the broker’s services. The range of services offered is diverse and aimed at a wide audience. Novice investors unwilling to trade on the exchange independently can open an investment account with a yield of up to 30% per annum depending on the risk. Additionally, the company provides training. Thus, those willing to start trading on the stock market can take a course and apply the acquired knowledge on a DEMO account.
For those planning to trade on the exchange independently, ITinvest offers to explore ready-made trading strategies, analytical materials, and reviews of the latest news. Professional investors have access to services such as custody of funds, financing, and margin lending.
Available exchanges and securities through ITinvest
With the help of itcapital.com, a trader can operate on major exchanges in Russia, including the Moscow Exchange, Saint Petersburg Exchange, SPbMTSB, and the National Commodity Exchange. The broker also provides access to foreign services such as the London Stock Exchange and CME Group.
itcapital.com offers a wide range of assets, including securities of Russian giant companies such as Rostelecom, Gazprom, Novatek, as well as shares of foreign organizations like Tesla, Coca-Cola, Apple, Google, and others. Additionally, it is possible to invest in lesser-known companies with riskier but potentially more profitable assets.
The site offers three types of accounts. For beginners, there is a DEMO account for practice. According to user reviews, its functionality is almost indistinguishable from the main account. A consultative investment account is also available for beginners to receive expert recommendations, which is beneficial for novice traders.
Registration process on itcapital.com
In the registration section on itcapital.com, the broker offers a simplified process and answers to users’ main questions. The initial page of the registration form looks as follows:
First, it is necessary to provide a phone number and email address. Subsequently, a registration confirmation email will be sent to the specified email. The next step is to provide passport details and an identification number. Then, you will be prompted to sign a contract with “ITinvest,” which can be done through the received SMS code. Once this is completed, the registration is finished, and you can start working.
Funding and withdrawal of funds on ITinvest
The process of funding and withdrawing funds is quite simple and transparent. Residents can use accounts in the following banks:
- Raiffeisenbank,
- NRD,
- Sberbank.
Funding in dollars or euros is only possible through Raiffeisenbank. Funding using securities is carried out through the NRD NCO.
Non-residents (individuals residing or working in Russia for less than 90 days a year) can fund accounts only through Raiffeisenbank or the NRD NCO (for securities).
Accounts in rubles can be funded via electronic wallets or QIWI and Handybank terminals. Although the procedure is simple, some users note in reviews the limited funds for deposits and withdrawals of earned money.
The minimum amounts for activation are specified on the itcapital.com website. A minimum of 30,000 rubles is required for trading from an ITinvest account, and 50,000 rubles for using investment products.
Reviews about the broker ITinvest
Various opinions about ITinvest can be found on the internet. Let’s provide a brief overview of reviews about the work of this broker. Satisfied clients praise the high quality of work on itcapital.com and the ability for manual scalping. The service is reliable, and there are no issues with sudden loss of access. Users highlight the low commission – 0.02-0.035% per transaction for exchange trading and 0.2% for OTC operations.
Positive reviews were also given by clients for unique services such as the Matrix system, proprietary software SMART. Users liked the “Fox” chat where major news is discussed. The company also received positive feedback for the SMS notification service about trading signals.
However, there are negative reviews about the broker’s work. Users complain about slow support and long problem resolution. Some traders experienced position freezes during automatic closures on itcapital.com. Therefore, in their reviews, they recommend closely monitoring open orders.
Conclusions about ITinvest
“ITinvest” – one of the most well-known brokers in the financial markets. The company offers services for both private and corporate clients, for novice and experienced traders. A feature is the presence of proprietary software, which facilitates trading. The company also provides training and analytical materials. Despite certain shortcomings in the support service, considering the company’s reputation, possession of all necessary licenses, a wide range of tools, ITinvest can be recommended for trading.
Also read: RaceOption – detailed broker review and trader feedback.