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/10

ITBfx

Seychelles|5-10 years|
Suspicious Regulatory License|MT4/5 full license|High potential risk|

https://itbfx.com

Website

Rating Index

MT4/5 Identification

MT4/5

Full License

ITB-Server

United States
MT5
2

Influence

C

Influence index NO.1

Germany 6.40

MT4/5 Identification

MT4/5 Identification

Full License

2
Server Name
ITB-Server MT5
Server Location United States

Influence

Influence

C

Influence index NO.1

Germany 6.40

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Contact

+44 2080971742
Info@ITBFX.com
https://itbfx.com
Olivier Maradan Blvd., Olivier Maradan St. Victoria, Mahe, Seychelles

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+44 2080971742

English

+44 2080971783

Broker Information

More

Company Name

ITBfx

Company Abbreviation

ITBfx

Platform registered country and region

Seychelles

Company website
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Warning: Low score, please stay away!
Previous Detection : 2024-03-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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ITBfx · Company Summary

General Information

ITBfx, based in London and the Seychelles, is allegedly a broker with over ten years of experience in the forex market, claiming to provide its clients with renown trading platform, up to 1:400 leverage, variable spreads on over 600 instruments, as well as a choice of three different account types.

Market Instruments

ITBfx advertises that it offers more than 600 trading instruments, including currencies, indices, stocks, cryptocurrencies and commodities.

Account Types

Apart from demo accounts, ITBfx offers three more real trading account types – ECN Classic, Standard and Nano with minimum deposit requirements of $100, $50 and $1 respectively. ITBfx says that the ECN Classic account is suitable for clients who have experience in forex trading and it features of floating spreads. The Standard account is available for those who are newly trading in forex Market, variety of fixed and floating spreads are both available. While the Nano account is suitable for those who intend to enter currency market without risking a lot of money.

Leverage

In terms of trading leverage, the maximum level offered by ITBfx is quite high, up to 1:400. Attention that too high leverage is not always beneficial for traders due to its consistent gains and losses.

Spreads & Commissions

ITBfx‘s official site shows that the spreads usually start from 2 pips. If you deposit $100,000, you’ll get EUR/USD spread of 0.2 pips. However, if you put only $100, youll have to trade AUD/NZD, where the spread is generally 6+ pips.

Trading Platform Available

ITBfx gives traders the choice of MetaTrader5 as its sole trading platform. MT5 is renowned with powerful automated trading tools, a simple interface and more. It offers four different MT5 versions, which include Windows, MAC OS, IOS and Android versions. ITBfx says that Windows Version is suitable for clients running Windows (7, 8 and Windows 10) and gives access to global markets. MAC OS Version is exclusive for Mac users (MacBook, iMac, etc.). IOS Version is suitable for clients using Apple tablets or smartphones. While Android Version is provided for Android phones and clients will have access to all the features of your account anytime and anywhere.

Deposit & Withdrawal

ITBfx accepts deposit or withdrawal methods via Payeer, WebMoney, Bank Transfer and Perfect Money. There are no obvious options for using popular online payment platforms such as PayPal, Skrill, or Neteller.

Customer Support

ITBfxs customer support can be reached through Whatsapp:+447937000371, +447937000372, +447937000978, email: Info@ITBFX.com. Besides, you can also follow this broker on some social media platforms like LinkedIn and Twitter or live chat. Company address: Albert St, Victoria, Seychelles.

User Reviews

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9

Comments

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Mar18
3-6months
ITB has offered academic resources and useful bonuses. It has the lowest spread among the forex brokers. Additionally, they've made it possible for other investors to benefit from zero swap conditions.
2023-10-02 19:02
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0
0
MhdForex
3-6months
ITB International Forex Broker, a contender among low spread US forex brokers, presents a mixed picture. While they market themselves as very low spread forex brokers, issues with transparency and hidden costs have marred my experience. While they do offer competitive spreads, these aren't always consistent, particularly during volatile market conditions, leading to unexpected costs. Additionally, the broker makes up for their low spreads with high commissions and fees on various services. Execution problems, including notable slippage during market events, and inconsistent customer support, further tarnish their image. Before choosing ITB International, traders should carefully weigh these drawbacks against their promise of low spreads and consider alternative options among US forex brokers.
2023-09-30 18:12
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0
0
mac355
3-6months
this is the most reliable broker in middle east
2023-09-30 16:42
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0
0
Seyed2243
3-6months
As a new forex trader, ITB Broker has played an important role in my introduction to the financial markets by providing free educational content and attractive bonuses. Also, by providing a low spread rate, it has provided suitable conditions for scalping trading. In addition, it has provided conditions for the use of zero swaps for other investors.
2023-09-30 16:28
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0
0
Bahar6655
3-6months
I have been using this broker for a year, no problems have occurred in this one year, and they quickly fulfilled requests to withdraw money from my account. The spreads of this broker are very low and one of the best features of this broker is not taking commission
2023-09-30 16:07
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0
0
greatesttraderDutch
3-6months
I've been trading with ITBfx Broker since 2022, and my experience has been exceptional. One of the standout features is their commission and swap-free trading, coupled with highly competitive spreads. Thus far, I haven't encountered any issues, and their support team has consistently delivered outstanding assistance whenever I needed it.
2023-09-30 16:03
Reply
0
0
abhuiop
more than one year
Deposits are quick and opening an account is super easy, just $1 is enough. I haven't withdrawn any money yet, and I hope it will be as fast and smooth as depositing by then.
2022-11-30 15:20
Reply
0
0
FX1065630513
more than one year
This broker does offer deposit bonus, and its minimum deposit to start trading is very friendly. Can you believe it? only $10! I’ve opened a Nano account to test broker, so far so good, and its customer support is quite professional. Will tell you guys good news🙂 ✌
2022-11-29 18:32
Reply
0
0
素颜3533
more than one year
The information that appears on its website is really scarce. It's even hard to get in touch with them. They have a frequently asked questions section but hey there is no problem or answer. I haven't noticed the regulation either. Is it really a serious broker??
2022-11-21 18:19
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0
0
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