ITFX
Regulatory Status
Not RegulatedRegulation & License
Score
1.48 /10ITFX Comprehensive Review
Is ITFX Safe
Does ITFX operate under any regulatory authority?
ITFX is not subject to any financial regulatory oversight and lacks a forex trading license. The broker is registered in the United Kingdom, but its stated business scope is flagged as a Suspicious Operational Region. The absence of a regulatory license means there is no official governing body to supervise its operations or protect client funds. Traders are strongly advised to verify a broker's credentials directly with official regulatory registers before engaging.
What is ITFX's breakdown of critical safety scores?
ITFX has a composite score of 1.48, which aggregates assessments of its regulatory rating (0.0), risk control rating (0.0), software rating (4.0), business rating (6.77), and license rating (0.0). The composite score indicates a significant safety deficit, primarily driven by absent regulatory and license oversight, while software and business operation ratings offer a partial counterweight. Traders must carefully weigh these dimensions, as the low core score points to inherent risks that may not suit all investors.
What are the key operational facts for ITFX?
ITFX has operated for 2-5 years and is based in the United Kingdom. As a relatively young brokerage based in the UK, its operational scale is still developing. Potential clients should note that minimum deposit requirements and supported trading software are not currently publicly disclosed. The total number of tradable instruments is also not specified on its public profile, suggesting a limited or unspecified product scope. Readers are advised to contact the broker directly for precise details on account conditions and platform availability before considering account opening.
What is the trading platform and execution environment like at ITFX?
ITFX does not currently disclose its average execution speed, server count, or trading environment grade; the broker's supported trading software is also not publicly specified. As an entity operating for 2-5 years in a suspicious operational region and lacking formal forex regulation, the data required to assess its execution quality, technical infrastructure, and trading platform reliability is unavailable.
What trading products are available with ITFX?
Product coverage details for ITFX are not publicly disclosed. Tradable instruments and instrument counts are not currently available. The list of main categories not offered is also not disclosed. Prospective traders are advised to consult the broker's official resources for the most accurate information to ensure product offerings align with their individual strategies.
ITFX Regulation & License
- No regulatory information available
Note: The above regulatory information is sourced from the official ITFX website.
Basic Information
Registered Region
United Kingdom
Operating Period
2-5 years
Company Name
ITFX
Customer Service Email Address
--
Contact Number
--
Company Website
https://www.itfx.in
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Frequently Asked Questions about ITFX
Is ITFX a regulated forex broker?
No, ITFX is not a regulated forex broker. Its regulatory status is categorized as Not Regulated, and it does not hold a valid forex trading license. The broker operates from the United Kingdom but within a business scope flagged as a Suspicious Operational Region, meaning it lacks oversight from any recognized financial authority like the UK's Financial Conduct Authority. You should verify this status directly with official regulator registers before considering any engagement.
Is ITFX safe to trade with based on WikiFX data?
ITFX presents significant safety concerns. Its composite score is 1.48, which aggregates low ratings for regulation (0.0) and risk control (0.0). The broker operates without regulatory oversight and is based in a suspicious operational region. While it has a business operation rating of 6.77, this does not compensate for the absence of fundamental safeguards. You are advised to conduct thorough due diligence, as the overall profile indicates high risk.
What risks should traders notice before using ITFX?
The primary risk is the complete lack of regulatory oversight and a valid forex trading license, offering no formal protection for client funds. ITFX operates from a region categorized as suspicious and has a risk control rating of 0.0. Its composite score of 1.48 reflects severe deficiencies in core safety metrics. Key operational details like minimum deposit, leverage, and trading platforms are not publicly disclosed, adding layers of uncertainty. You should be aware that trading involves the potential loss of your entire investment.
Should I consider trading with ITFX?
Does ITFX support common trading platforms?