ITG-Some important Details about This Broker

General Information

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.

Account Types

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.

Leverage

When it comes to leverage, Climax Prime allows its clients to use leverage of up to 1:400, 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.

Spreads & Commissions

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.

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.

Customer Support

For any questions or concerns they may have about their accounts or their trading can reach out to ITG through the following methods:

Telephone: +1 (844) 797 8771

Email: service@itgtraders.com

Registered Company Address: Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St Vincent and the Grenadines

Or you can also follow this broker on Youtube.

Risk Warning

There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.

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