Score
ITBfx
Seychelles|5-10 years| https://itbfx.com
Website
Rating Index
Influence
Influence
C
Influence index NO.1
Germany 6.40Contact
Licenses
No valid regulatory information, please be aware of the risk!
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic Information
SeychellesAccount Information
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Website
itbfx.com
Server Location
United States
Website Domain Name
itbfx.com
Server IP
162.241.254.154
Company Summary
| 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 |
Keywords
- 5-10 years
- Suspicious Regulatory License
- High potential risk
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0xRein
Indonesia
Fake Promotion cannot withdrawn steal customer data
Exposure
2024-10-24
素颜3533
Spain
The information that appears on its website is really scarce. It's even hard to get in touch with them. They have a frequently asked questions section but hey there is no problem or answer. I haven't noticed the regulation either. Is it really a serious broker??
Neutral
2022-11-21
abhuiop
Australia
Deposits are quick and opening an account is super easy, just $1 is enough. I haven't withdrawn any money yet, and I hope it will be as fast and smooth as depositing by then.
Positive
2022-11-30
FX1065630513
Malaysia
This broker does offer deposit bonus, and its minimum deposit to start trading is very friendly. Can you believe it? only $10! I’ve opened a Nano account to test broker, so far so good, and its customer support is quite professional. Will tell you guys good news🙂 ✌
Positive
2022-11-29