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ITBfx Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-01-03 13:50

Abstract：ITBfx, established in 2017 and headquartered in London, is an online trading platform offering financial instruments to traders. With a range of account types, including Nano Account, Standard Account, and ECN Account, traders can access tradable assets through the MetaTrader 5 trading platform. While the platform provides flexibility and accessibility, it operates without regulatory oversight, necessitating caution due to potential risks associated with unregulated trading.

ITBfx Review Summary
Founded	2018
Registered Country/Region	Saint Lucia
Regulation	Unregulated
Market Instruments	Forex, Metals, Indices, Crypto, Stocks
Demo Account	Available
Leverage	Up to 1:500
Spread	From 0 pips (ECN account)
Trading Platform	MT5 platform for all devices (Windows, Mac, Android, iOS)
Min Deposit	$10 (Nano Account)
Customer Support	Phone: +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.

Pros and Cons

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

Is ITBfx Legit?

　　ITBfx is unregulated.

What Can I Trade on ITBfx?

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

Tradable Instruments	Supported
Forex	✔
Metals	✔
Indices	✔
Cryptocurrencies	✔
Stocks	✔

Leverage

　　ITBfx provides different leverage for different accounts.

Account Type	Leverage
Nano	Up to 1:200
Standard	Up to 1:500
ECN	Up to 1:500

Account Types

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

Account Type	Minimum Deposit	Leverage	Spread	Commission	Key Features
Nano	$10	1:200	Floating from 1.5	No	Entry-level, limited instruments
Standard	$50	1:500	Floating from 2.0	No	Suitable for beginner traders
ECN	$100	1:500	Floating from 0	$4 per lot	Designed for experienced traders

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 Type	Spread	Commission	Stop out rate
Nano	From 1.5 pips	No	20%
Standard	From 2 pips	No	20%
ECN	From 0 pips	$4 per lot	30%

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
MT5	✔	Windows, Mac, Android, iOS	All traders, experienced or new
cTrader	❌

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 Bonus	Minimum of $50, up to $500
Referral Bonus	10% of referrals
50-50 First Deposit Bonus	deposit $50 with additional $50 bonus
Existing Users Bonus	30% bonus