What is ITigerUp?
ITigerUp is a forex broker that promises to provide its clients with an easy-to-use trading platform, tight spreads, and fast execution speeds. However, there are several complaints against ITigerUp that allege the broker is a scam. These claims include:
– ITigerUp is not regulated by any financial authority
– The broker does not disclose its ownership information
– There are reports of account closures and withdrawals being blocked
– Some clients have complained of being “tricked” into depositing more money than they intended to
Is ITigerUp a Legit or Scam Forex Broker?
There are a lot of different opinions out there about ITigerUp, and it can be tough to figure out whether or not this forex broker is legitimate or a scam. In our ITigerUp review, we’ll take a look at the company’s history, their regulation and licensing, their customer service, and more to help you determine if they’re the right broker for you.
ITigerUp was founded in 2008 and is headquartered in St. Vincent and the Grenadines. The company is regulated by the Financial Services Authority (FSA) of Saint Vincent and the Grenadines. While the FSA isn’t as well-known or respected as some other financial regulators, it does require its members to adhere to certain standards and regulations, which gives us some confidence in ITigerUp.
The company offers customer support 24 hours a day, 5 days a week through live chat, email, and telephone. We tested out all three of these methods and found that they were all responsive and helpful. Overall, we were pleased with the level of customer service offered by ITigerUp.
One area where ITigerUp could improve is in their account types and spreads. They offer just two account types – a standard account with a minimum deposit of $250 and an ECN account with a minimum deposit of $5,000 – which is limited compared to other brokers who offer more account type options. Additionally, their spreads are on the high side when compared to other brokers
What Are Some of the Main Features of ITigerUp?
ITigerUp is a forex broker that claims to offer its clients tight spreads, fast order execution, and a choice of trading platforms. It also offers a mobile trading app and Islamic accounts. In this ITigerUp review, we will take a look at all of these features in more detail to see if this broker is worth your time and money.
Spreads: ITigerUp offers very tight spreads on major currency pairs, starting from just 0.0 pips. This is one of the main reasons why traders choose this broker – they know they will get some of the best prices available.
Execution: Orders are executed quickly and efficiently with no slippage or re-quotes. This is critical for traders who want to make the most of their trades.
Platforms: ITigerUp offers two different trading platforms – MetaTrader 4 (MT4) and WebTrader. Both platforms are user-friendly and offer all the features and tools that traders need to be successful.
Mobile App: The ITigerUp mobile app is available for iOS and Android devices and allows traders to trade on the go. The app is well-designed and easy to use, giving traders everything they need to stay connected to the markets 24/7.
Islamic Accounts: ITigerUp offers Islamic accounts which are compliant with Sharia law. These accounts have no swap or rollover fees, making them ideal for Muslim traders who want to trade in accordance
How Does ITigerUp Compare to Other Forex Brokers?
ITigerUp is a relatively new forex broker that has only been around since 2019. In such a short time, they have managed to make a name for themselves and attract the attention of many traders. But how does ITigerUp compare to other forex brokers?
One of the things that sets ITigerUp apart from other brokers is the fact that they offer a very low minimum deposit of just $100. This is much lower than the industry average, which is usually around $250. This makes ITigerUp an attractive option for new or small-time traders who may not have a lot of money to invest.
Another thing that makes ITigerUp stand out is their account types. Unlike many other brokers who only offer one or two account types, ITigerUp offers four different account types to choose from. This gives traders more flexibility in terms of how they want to trade and what features they need access to.
Finally, ITigerUp provides excellent customer support. Their customer service team is available 24/7 via live chat and email, so you can always get help when you need it. Overall, ITigerUp is a great option for those looking for a reliable and user-friendly forex broker.
What Are the Pros and Cons of Using ITigerUp?
When it comes to online forex trading, there are a lot of options available to choose from. One of those options is ITigerUp. But what are the pros and cons of using this particular broker?
On the plus side, ITigerUp is a regulated broker. This means that they have to follow certain rules and regulations set by financial authorities. This provides some level of protection for your money.
Another positive point is that ITigerUp offers a variety of different account types. So whether you’re a beginner or a more experienced trader, you should be able to find an account type that suits your needs.
Lastly, ITigerUp has a very user-friendly platform. Even if you’re not familiar with Forex trading, you should be able to figure out how to use their platform without too much trouble.
On the downside, one potential con of using ITigerUp is that they don’t offer MetaTrader 4 (MT4). This is one of the most popular platforms for forex trading and it’s used by many professional traders. So if you’re looking for a broker that offers MT4, ITigerUp might not be the right choice for you.
Another possible negative point is that their customer support isn’t available 24/7. So if you have any problems or questions outside of business hours, you may need to wait until the next day for a response.
All in all, ITigerUp seems like
Conclusion
TigerUp is a new forex broker that has only been around for a short time, but it has already made quite a splash in the industry. Despite its young age, TigerUp has managed to put together a very impressive offering that includes some of the most popular and well-regarded trading platforms, a wide variety of account types, and very competitive spreads. It also doesn’t hurt that TigerUp is one of the few brokers that accept clients from the United States.