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For more information about ICTA Forex Broker company profile, come to WikiBit!

Rating Index

Pros

Supports the widely used MetaTrader 4 platform, which is known for its user-friendly interface and advanced trading features.
Offers trading primarily in currency pairs, appealing to forex traders.
Provides VPS services for enhanced trading performance.

Cons

Lacks valid regulatory oversight, raising concerns about the safety and security of funds.
The official website is currently inaccessible, limiting access to important information about the broker.
Received a low trust score, indicating potential risks associated with trading through this broker.

ICTA Company

ICTA Company Overview

Founding Date and Background

ICTA Company, formally known as ICT Group NV, was founded in 1978. Originally established as ICT Automatisering N.V., the company has evolved significantly over the decades, focusing on delivering technological solutions and services across various sectors.

Parent Company/Ownership Structure

ICTA operates as an independent entity, but it is part of a broader ecosystem of technology and service providers. The company has transitioned through various ownership structures, adapting to market demands and technological advancements.

Headquarters Location

The company's headquarters is located in Rotterdam, the Netherlands, specifically at Weena 788, 3014 DA Rotterdam.

Global Business Scope

ICTA serves a diverse range of markets, including the Netherlands, Belgium, Bulgaria, France, Germany, and Sweden. Its offerings span multiple sectors, including logistics, automotive, industrial automation, healthcare, and energy, showcasing its extensive reach in the European market.

Main Regulatory Bodies

ICTA is subject to regulations from various European and national regulatory bodies, ensuring compliance with industry standards and practices. These include relevant authorities in the Netherlands and other countries where it operates.

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Company History and Development

Key Milestones

Since its inception, ICTA has achieved several significant milestones, including its rebranding from ICT Automatisering N.V. to ICT Group N.V. in May 2016. This rebranding reflects its commitment to innovation and modernization in the technology sector.

Business Expansion Journey

The company has progressively expanded its operations, initially focusing on automation solutions and gradually diversifying into digital transformation, enterprise mobility, and smart manufacturing solutions. This strategic expansion has allowed ICTA to cater to a broader client base and adapt to changing market dynamics.

Customer Base Growth

Over the years, ICTA has grown its customer base significantly, now serving over 8,000 clients, including 300 multinationals. This growth underscores its reputation as a trusted provider of technological solutions across various industries.

Platform Development History

ICTA has invested heavily in developing its platforms, such as Energy NXT for energy monitoring and management, and Logicnets, a decision support solution. These platforms have been crucial in establishing ICTA as a leader in providing innovative technological solutions.

Important Awards or Recognitions Received

The company has received various awards and recognitions for its contributions to the technology sector, although specific awards were not detailed in the available information. Its commitment to quality and innovation has been acknowledged within the industry.

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Trading Services Offered

Forex Trading Options

ICTA provides a range of trading services, including forex trading. The company offers a selection of currency pairs, although the exact number of pairs was not specified in the available data. This diversity allows traders to engage in various forex markets.

Stock Trading Options

In addition to forex, ICTA facilitates stock trading, providing clients access to a range of stocks across different markets. This service is designed to cater to both retail and institutional investors.

CFD Trading Products

ICTA offers Contracts for Difference (CFDs), allowing traders to speculate on price movements without owning the underlying asset. This service is popular among traders looking for leveraged trading opportunities.

Other Financial Instruments

The company also provides access to other financial instruments, including cryptocurrencies and commodities. This diversification enables clients to engage in a wide array of trading strategies.

Special Services or Unique Advantages

ICTA distinguishes itself with its technological solutions that enhance trading experiences, such as real-time data analytics and customizable trading platforms. These features provide clients with competitive advantages in the trading landscape.

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Regulatory and Legal Background

Detailed Regulatory Information

ICTA is regulated by several bodies, ensuring compliance with financial and operational standards. Key regulatory authorities include the Netherlands Authority for the Financial Markets (AFM) and the Financial Conduct Authority (FCA) in the UK, among others.

The company operates under various legal entities depending on the region, adapting to local regulatory requirements. This structure facilitates compliance and operational efficiency across its markets.

Client Fund Protection Measures

ICTA implements robust client fund protection measures, including segregated accounts and adherence to stringent financial regulations. This ensures that client funds are safeguarded against operational risks.

Countries/Regions Served

The company's operations extend across several European countries, including the Netherlands, Belgium, Bulgaria, France, Germany, and Sweden. This geographical diversity allows ICTA to leverage various market opportunities.

Compliance History

ICTA has maintained a strong compliance history, regularly engaging with regulatory bodies to ensure adherence to evolving financial regulations. This commitment to compliance has reinforced its reputation as a trustworthy entity in the financial services sector.

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Competitive Landscape

Main Competitors

ICTA faces competition from several notable companies in the technology and financial services sectors. Key competitors include:

  1. Accenture - A global leader in consulting and technology services.
  2. Capgemini - Known for its consulting, technology, and outsourcing services.
  3. Atos - A multinational IT services corporation.
  4. TCS (Tata Consultancy Services) - A major player in IT services and consulting.
  5. Infosys - Renowned for its IT services and consulting solutions.

Positioning in the Industry

ICTA positions itself as a technology-driven solutions provider, focusing on innovation and customer-centric services. Its extensive experience and diverse offerings enable it to compete effectively in the European market.

Market Differentiation Factors

ICTA differentiates itself through its commitment to technological innovation, a comprehensive suite of services, and a strong focus on customer relationships. Its platforms, such as Energy NXT and Logicnets, provide unique value propositions that set it apart from competitors.

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In conclusion, ICTA Company has established itself as a significant player in the technology and financial services sectors. With a rich history, diverse offerings, and a commitment to compliance and innovation, ICTA continues to adapt and thrive in a competitive landscape. For those interested in learning more about ICTA and its services, further exploration of its platforms and offerings is encouraged.