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ITFX

New Zealand|5-10 years|
Suspicious Regulatory License|MT4/5 full license|Chinese market only|Suspicious Overrun|High potential risk|

https://web.intechtrading.com/

Website

Rating Index

MT4/5 Identification

MT4/5

Full License

Huanying-Demo

Hong Kong
MT4
2

Influence

D

Influence index NO.1

China 2.47

MT4/5 Identification

MT4/5 Identification

Full License

2
Server Name
Huanying-Demo MT4
Server Location Hong Kong

Influence

Influence

D

Influence index NO.1

China 2.47

Surpassed 100.00% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

4000005556
service@intechtrading.com
https://web.intechtrading.com/

Licenses

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

Single Core

1G

40G

Open Now

Contact number

Chinese (Simplified)

4000005556

Broker Information

More

Company Name

盈德汇

Company Abbreviation

ITFX

Platform registered country and region

New Zealand

Company website

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 2
Previous Detection : 2024-03-28
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The New ZealandFSPR regulation (license number: 476086) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

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ITFX · Company Summary

Since ITFXs official website cannot be opened for now, we could only piece together the rough picture of this brokerage through gathering some relevant information from other websites.

Basic Information
Registered Countries New Zealand
Regulation No License
Minimum Deposit N/A
Maximum Leverage N/A
Trading Platform MT4 trading platform
Trading Assets N/A
Payment Methods N/A
Customer Support Phone, Email not available

General Information

Registered in New Zealand, ITFX claims to be a forex broker providing a series of forex and CFD trading instruments. However, since this brokers official website cannot be accessed, we were unable to obtain more essential information, including minimum deposit, trading assets, spreads, commissions, and more.

Risk warning: This ITFX is suspected fake one, and it has been verified that this broker is not authorized or regulated by any regulatory authority. Please be aware of the risk.

wikifx

Leverage

Trading leverage is not mentioned anywhere, and here is the leverage rule set by most regulators: the maximum leverage for major currencies up to 1:30 in Europe and Australia, and 1:50 in the United States and Canada.

Since leverage can amplify both gains and losses, it can result in devastating losses for investors who lack experience. If you're just starting out in the trading world, it's best to stick with the lower size, no more than a 1:10.

Trading Platform

ITFX seems to provide clients the industry-leading MT4 or MT5 trading platform. Although this is a favorable offering, clients should bear in mind that this broker is an unregulated one, and tradin with it is a surefire way to lose all your money.

Customer Support

Clients who have any trading-related issues can get in touch with this broker through calling it at 4000005556, or dropping an email through service@intechtrading.com.

Risk Warning

Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.

The information presented in this article is intended solely for reference purposes.

Pros & Cons

Pros Cons
Three types of trading accounts available No regulation
Acceptable minimum deposits Both commissions and spreads charged
MT4 supported Poor customer support
Demo account No clear information about payment methods
Clone broker

Frequently Asked Questions

Is ITFX regulated?

No, ITFX is not regulated anyway.

What items can I trade with on ITFX

Since ITFXs official website cannot be opened, we were unable to obtain what trading instruments it provides.

What trading platform does ITFX provide?

It seems that ITFX provide the industry-leading MT4 trading platform.

User Reviews

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User comment

2

Comments

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慧娟
more than one year
This ITFX is disappointing! They just don’t allow you to made a deposit, and told you wait, wait, wait… I submitted my withdrawal request on 23 October, and they still haven’t approved my withdrawal. What the hell! I already lost my patience.
2022-12-01 17:01
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0
0
姬鹏
more than one year
ITFX is an offshore broker without any legitimate regulations. Their website is down, customer service is out of reach. Many brokers like this cheat money and run away, be careful!
2022-12-01 16:58
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0
0
2
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