Brief information about the company isRate
IsRate is a CFD broker that has been operating in the financial market for six years. The platform processes over seven million transactions daily, with a focus on transaction speed and security. According to the website, the company has been awarded six international awards for service quality and regularly participates in international exhibitions.
Documents and contacts of the company Rate
The company is registered in the Marshall Islands in an offshore zone under registration number MN96960. The website lacks documents confirming registration, information on licenses, and regulators. To contact the broker, you can use the international number +65(31)38 40 01 or email the provided address. A callback option is available for customer convenience. The contact information for the company’s office in Singapore is also available on the website.
Trading conditions from the company isRate
The company’s website offers four types of accounts for registered traders.
- Basic. Minimum deposit – from $5,000, leverage 1:40. Trade execution speed – 1.1 seconds. Floating spread, margin call level -10%, and a personal manager are provided.
- Premium. Minimum deposit – $20,000, leverage 1:100. Trade execution speed – 0.9 seconds, margin call – 20%, and the ability to trade cryptocurrencies.
- Elite. Premium account with enhanced conditions. Starting deposit from $50,000, leverage 1:100. Clients have access to an Islamic account, account insurance, and round-the-clock manager support. Margin call – 40%.
- VIP. Account for clients depositing over $100,000. Maximum margin call – 50%. Account features include deposit protection and a technical indicator.
Company reviews
There are almost no positive reviews about this company online. In many rankings, the broker appears on blacklists. The company’s rating in negative reviews ranges from 1.5 to 2 out of 5 points. Clients complain about managers’ lack of attention to customers and irregular fund withdrawals.
Conclusions
This broker does not have a good reputation in the online community and has significant drawbacks that can affect trust in the company. The absence of documents confirming registration when mentioning an offshore registration zone is a serious drawback. When deciding to work with this company, it is necessary to consider the need to deposit a significant amount of $5,000. When choosing isRate for trading on the exchange, it is recommended to consult with a lawyer, financial expert, or independent consultant.