ITG Traders Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-11 15:32

Abstract：Registered in the Saint Vincent and the Grenadines, ITG is an offshore forex broker providing easy access to various financial markets. ITG provides two trading accounts, Standard and Pro, and the maximum leverage that can be used on this platform is up to 1:400.

　　Note: ITG Traders' official website - https://itgtraders.com is currently inaccessible normally.

ITG TradersReview Summary
Founded	2020
Registered Country/Region	Saint Vincent and the Grenadines
Regulation	Unregulated
Market Instruments	Forex, Indices, Metals, Commodities, Cryptocurrencies
Demo Account	/
Leverage	Up to 1:400
Spread	From 1.0 pips (Standard account)
Trading Platform	MT5
Min Deposit	$100
Customer Support	Tel: +1 (844) 797 8771
	Email: service@itgtraders.com
	Youtube
	Address: Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St Vincent and the Grenadines

　　Registered in the Saint Vincent and the Grenadines, ITG is an offshore forex broker providing easy access to various financial markets. ITG provides two trading accounts, Standard and Pro, and the maximum leverage that can be used on this platform is up to 1:400.

　　ITG is operated by ITG Traders LTD, a company registered in Saint Vincent and the Grenadines, and this company does not hold any regulatory license to show it operates legally. Please be aware of the risk.

Pros and Cons

Pros	Cons
Diverse trading assets	Inaccessible website
Support MT5	Unregulated
	Unknown payment methods

Is ITG Traders Legit?

　　No, ITG Traders is not regulated. Traders should carefully consider the risks it brings when choosing to trade with it.

What Can I Trade on ITG Traders?

Tradable Instruments	Supported
Forex	✔
Indices	✔
Metals	✔
Commodities	✔
Cryptocurrencies	✔
Stocks	❌
Bonds	❌
Options	❌
ETFs	❌

Account Type

　　Two types of trading accounts are on offer: Standard and Pro. The minimum deposit to open both account is $100, which sounds acceptable for most regular investors.

Account Type	Min Deposit
Standard	$100
Pro	$100

Leverage

　　When it comes to leverage, Climax Prime allows its clients to use leverage of up to 1:400 for both account types, much higher than the levels regarded appropriate by many regulators, with the maximum leverage for major forex up to 1:30 in Europe and Australia, and 1:50 in Canada and U.S.

　　Since leverage can magnify gains as well as losses, it can also cause serious fund losses, especially to inexperienced traders. Therefore, it is wise for beginners to choose the smaller size no more than 1:10 until they gain more trading experience.

Spread and Commission

　　With commissions not disclosed, spread is determined by trading accounts, with the minimum spread offered by the Standard account starting at 1.0 pips, spreads offered by the Pro account starting at 0.0 pips.

Account Type	Spread
Standard	From 1.0 pips
Pro	From 0.0 pips

Trading Platform

　　Climax Prime provides access to the industry-leading MT5 trading platform. The MT5 trading platform allows one-click operations for opening and closing trades, setting stops and entry limits, placing direct orders, setting and editing limit and stop loss, as well as charting.