ITB Forex Broker

ITBfx Review SummaryFounded2018Registered Country/RegionSaint LuciaRegulationUnregulatedMarket InstrumentsForex, Metals, Indices, Crypto, StocksDemo AccountAvailableLeverageUp to 1:500SpreadFrom 0 pips (ECN account)Trading PlatformMT5 platform for all devices (Windows, Mac, Android, iOS)Min Deposit$10 (Nano Account)Customer SupportPhone: +442080971783, +442080971742Email: support@itbfx.com24/7 live support: YesPhysical Address: The Sotheby Building, Rodney Bay, Gros-Islet, Saint LuciaITBfx 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 ConsProsConsLow minimum deposit starting at $10Unregulated3 account types for diverse tradersRestriction in many countries (USA, Japan, Canada.etc)Provide MT5 platform with full supportIs 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 InstrumentsSupportedForex✔Metals✔Indices✔Cryptocurrencies✔Stocks✔Leverage ITBfx provides different leverage for different accounts.Account TypeLeverageNanoUp to 1:200StandardUp to 1:500ECNUp to 1:500Account Types ITBfx offers 3 account types: Nano, Standard, ECN account.Account TypeMinimum DepositLeverageSpreadCommissionKey FeaturesNano$101:200Floating from 1.5NoEntry-level, limited instrumentsStandard$501:500Floating from 2.0NoSuitable for beginner tradersECN$1001:500Floating from 0$4 per lotDesigned for experienced tradersITBfx 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 TypeSpreadCommissionStop out rateNanoFrom 1.5 pipsNo20%StandardFrom 2 pipsNo20%ECNFrom 0 pips$4 per lot30%Trading PlatformTrading PlatformSupportedAvailable DevicesSuitable forMT5✔Windows, Mac, Android, iOSAll traders, experienced or newcTrader❌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 TypeWelcome BonusMinimum of $50, up to $500Referral Bonus10% of referrals50-50 First Deposit Bonusdeposit $50 with additional $50 bonusExisting Users Bonus30% bonus