I Trust Capital Forex Broker

iTrustCapital Forex Broker - Complete Information Guide

1. Broker Overview

iTrustCapital, founded in 2018, is a prominent player in the cryptocurrency investment landscape, primarily focusing on enabling clients to invest in digital assets through Individual Retirement Accounts (IRAs). The company is headquartered in Irvine, California, where it operates under a private ownership structure. With a mission to facilitate tax-advantaged investments in cryptocurrencies and precious metals, iTrustCapital serves a diverse clientele, including individual investors looking to integrate alternative assets into their retirement portfolios.

Since its inception, iTrustCapital has achieved significant milestones, including surpassing $9 billion in transaction volume and managing over 200,000 accounts as of 2024. The firm has also secured substantial funding, including a $125 million Series A round in 2022, which has bolstered its growth and innovation capabilities. iTrustCapital operates on a model that combines retail forex trading with institutional-grade services, allowing clients to trade cryptocurrencies and physical precious metals seamlessly within their IRAs.

2. Regulatory and Compliance Information

iTrustCapital is regulated by the Fortress Trust, a state-chartered trust company, ensuring that client assets are held securely and in compliance with U.S. regulations. The regulatory number for Fortress Trust is not publicly disclosed, but it operates under strict oversight to safeguard investor interests. The platform adheres to the regulatory requirements set forth by the IRS, allowing clients to hold cryptocurrencies and precious metals in tax-advantaged accounts.

The company employs robust customer fund segregation policies, ensuring that client funds are kept separate from operational capital. iTrustCapital does not participate in any investor compensation schemes, which is a consideration for potential investors. The firm follows stringent Know Your Customer (KYC) and Anti-Money Laundering (AML) protocols to prevent fraud and ensure compliance with financial regulations.

3. Trading Products and Services

iTrustCapital offers a diverse range of trading products, primarily focusing on cryptocurrencies and precious metals. Clients can trade over 34 cryptocurrencies, including major assets like Bitcoin, Ethereum, and Litecoin. Additionally, the platform allows investments in physical gold and silver, with trades executed through reputable dealers such as Kitco.

The selection of cryptocurrencies available for trading is regularly updated, reflecting market trends and client demand. iTrustCapital's services cater primarily to retail clients, enabling them to invest in alternative assets through self-directed IRAs. Although the platform does not currently offer institutional services or white-label solutions, it focuses on providing a user-friendly experience for individual investors.

4. Trading Platforms and Technology

iTrustCapital supports the MetaTrader 4 (MT4) platform, a widely recognized trading interface known for its user-friendly features and advanced charting capabilities. The platform is accessible via web browsers and offers a mobile application for both iOS and Android devices, allowing clients to manage their investments on the go.

The trading execution model employed by iTrustCapital is primarily Market Making, ensuring that clients receive competitive pricing and fast order execution. The company's infrastructure is built on secure servers, providing a reliable trading environment. API integration for automated trading is currently not available, limiting high-frequency trading strategies.

5. Account Types and Trading Conditions

iTrustCapital offers several account types tailored to different investor needs. The standard account requires a minimum deposit of $1,000, with competitive spreads starting at 1% for cryptocurrency trades. Additionally, there are no monthly maintenance fees, making it an attractive option for long-term investors.

For more experienced traders, iTrustCapital provides options for higher-tier accounts, including specialized accounts for institutional clients, although details on these accounts are limited. The platform does not offer demo accounts, which may deter novice traders from testing the waters before committing real funds. Leverage ratios vary by asset class, with typical leverage around 1:30 for cryptocurrencies.

6. Fund Management

iTrustCapital supports various deposit methods, including bank transfers, credit cards, and ACH transfers. The minimum deposit requirement for opening an account is $1,000, with subsequent contributions set at a minimum of $500. Deposits are processed efficiently, typically within a few business days.

Withdrawal methods include bank transfers and checks, although clients should be aware of potential processing times and any applicable fees. iTrustCapital does not charge withdrawal fees, but clients may incur costs related to their bank's policies. Overall, the platform emphasizes transparency in its fee structure, making it easier for clients to understand their financial commitments.

7. Customer Support and Educational Resources

iTrustCapital provides robust customer support through multiple channels, including phone, email, and live chat. The support team is available during standard business hours, offering assistance in navigating the platform and addressing client inquiries. The company also emphasizes the importance of educational resources, providing access to webinars, tutorials, and market analysis to help clients make informed investment decisions.

The platform features a comprehensive knowledge center, offering insights into cryptocurrencies, precious metals, and IRA regulations. Clients can benefit from tools such as profit calculators and economic calendars to enhance their trading experience.

8. Regional Coverage and Restrictions

iTrustCapital primarily serves the U.S. market, with services restricted to residents within the country. The platform does not accommodate clients from regions such as the United Kingdom, Belgium, or Iran, which may limit its accessibility for international investors. The company's focus on U.S. regulations ensures compliance with local laws, making it a reliable option for American investors seeking to diversify their retirement portfolios with cryptocurrencies and precious metals.

In summary, iTrustCapital stands out as a competitive option for investors looking to incorporate digital assets into their retirement accounts. With its user-friendly platform, transparent fee structure, and commitment to security, it serves as a valuable tool for those looking to enhance their investment strategies in the evolving landscape of cryptocurrency and precious metals. As the platform continues to grow and adapt, it remains a noteworthy player in the financial technology sector, particularly for retirement-focused investors.