Rating Index
Pros
Established since 2017, providing a longer performance record compared to newer brokers.
Offers a range of trading instruments, including forex, commodities, and indices.
Claims to provide a user-friendly trading platform with features like low spreads and no commission.
Cons
Lacks valid regulatory oversight, raising concerns about safety and reliability.
Has received a low trust score and negative reviews from users, indicating potential issues with service quality.
Limited customer support options and transparency regarding company information, which can be a red flag for investors.
ITFX broker Accounts
ITFX Account Type
ITFX offers a variety of trading accounts to cater to different trader needs, including:
- Standard Account
- Initial Deposit: $100
- Leverage: Up to 1:200
- Spread: Floating from 0.2 pips
- Commission: 0%
- Instruments: Forex, commodities, indices, stocks, cryptocurrencies
- Minimum Order Size: 0.01 lot
- Max Open Orders: Unlimited
- ECN Account
- Initial Deposit: $50
- Leverage: Up to 1:500
- Spread: Floating from 0 pips
- Commission: 0%
- Instruments: Forex, metals, cryptocurrencies, indices, stocks
- Minimum Order Size: 0.01 lot
- Max Open Orders: Unlimited
- Nano Account
- Initial Deposit: $1
- Leverage: Up to 1:200
- Spread: Floating from 1.5 pips
- Commission: 0%
- Instruments: Forex, metals
- Minimum Order Size: 0.001 lot
- Max Open Orders: Unlimited
- Visit the ITFX Website: Go to the official ITFX site.
- Select Account Type: Choose the account type that suits your trading needs (Standard, ECN, or Nano).
- Provide Personal Information: Fill in your details, including name, email, and phone number.
- Identity Verification: Submit a valid government-issued ID (passport or drivers license) and proof of address (utility bill or bank statement).
- Initial Deposit: Make the required initial deposit based on the account type chosen.
- Account Activation: Once your documents are verified and the deposit is processed, your account will be activated and ready for trading.
These accounts allow traders to choose based on their experience level and capital investment preferences.
ITFX Broker Account Opening Process
To open an account with ITFX, follow these steps:
This straightforward process ensures compliance with regulatory standards while providing security for your trading activities.
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ITFX accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .