Score

1.53 /10
Danger

ITB

Saint Lucia

5-10 years

Suspicious Regulatory License

High potential risk

C

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Comparison

Quantity 1

Exposure

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Website

Score

Regulatory Index0.00

Business Index7.17

Risk Management Index0.00

Software Index4.00

License Index0.00

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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

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Broker Information

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Company Name

ITB Broker

Company Abbreviation

ITB

Platform registered country and region

Saint Lucia

Company website

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Company summary

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Warning: Low score, please stay away!
Previous Detection : 2025-02-02
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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ITB · Company summary
ITBfx Review Summary
Founded2018
Registered Country/RegionSaint Lucia
RegulationUnregulated
Market InstrumentsForex, Metals, Indices, Crypto, Stocks
Demo AccountAvailable
LeverageUp to 1:500
SpreadFrom 0 pips (ECN account)
Trading PlatformMT5 platform for all devices (Windows, Mac, Android, iOS)
Min Deposit$10 (Nano Account)
Customer SupportPhone: +442080971783, +442080971742
Email: support@itbfx.com
24/7 live support: Yes
Physical Address: The Sotheby Building, Rodney Bay, Gros-Islet, Saint Lucia

ITBfx Information

ITBfx is set up in 2018. It offers trading tools like currency, metals, indices, cryptocurrencies, and stocks, thereby granting access to worldwide financial markets. Its MT5 platform offers fast execution, interoperability with various operating systems, and expert advice among other things to support trading across several devices.

ITBfx Information

Pros and Cons

ProsCons
Low minimum deposit starting at $10Unregulated
3 account types for diverse tradersRestriction in many countries (USA, Japan, Canada.etc)
Provide MT5 platform with full support

Is ITBfx Legit?

ITBfx is unregulated.

Is ITBfx Legit?

What Can I Trade on ITBfx?

Forex, commodities, indices, cryptocurrencies, and stocks are among the trading items ITBfx carries.

Tradable InstrumentsSupported
Forex
Metals
Indices
Cryptocurrencies
Stocks
What Can I Trade on ITBfx?

Leverage

ITBfx provides different leverage for different accounts.

Account TypeLeverage
NanoUp to 1:200
StandardUp to 1:500
ECNUp to 1:500
Leverage

Account Types

ITBfx offers 3 account types: Nano, Standard, ECN account.

Account TypeMinimum DepositLeverageSpreadCommissionKey Features
Nano$101:200Floating from 1.5NoEntry-level, limited instruments
Standard$501:500Floating from 2.0NoSuitable for beginner traders
ECN$1001:500Floating from 0$4 per lotDesigned for experienced traders
Account Types

ITBfx Fees

For ECN accounts, ITBfx provides spreads ranging from 0 pip; for ordinary accounts, they range from 2 pip.

Commissions apply just to ECN accounts for $4 per lot; nano and standard accounts are commission-free.

ITBfx has a stop out rate. For Nano and Standard accounts, it's 20%. For ECN account, it's 30%.

Account TypeSpreadCommissionStop out rate
NanoFrom 1.5 pipsNo20%
StandardFrom 2 pipsNo20%
ECNFrom 0 pips$4 per lot30%
ITBfx Fees

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
MT5Windows, Mac, Android, iOSAll traders, experienced or new
cTrader
Trading Platform

Deposit and Withdrawal

ITBfx doesn't mention the specific payment methods.

However, the minimum deposit is $10 in Nano account.

Bonus

ITBfx provides some bonuses to attract users.

Bonus Type
Welcome BonusMinimum of $50, up to $500
Referral Bonus10% of referrals
50-50 First Deposit Bonusdeposit $50 with additional $50 bonus
Existing Users Bonus30% bonus
Bonus

User Reviews

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User comment

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Comments

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0xRein
more than one year
Fake Promotion cannot withdrawn steal customer data
Fake Promotion cannot withdrawn steal customer data
Translate to English
2024-10-24 23:15
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0
0
Mar18
more than one year
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.
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.
Translate to English
2023-10-02 19:02
Reply
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