ITB foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://crm.itbfx.com/signUp?lang=en-US, about the company's legal and temporary regulatory information, the company's address International Trading Brachium Ltd, The Sotheby Building,Rodney Bay,Gros-Islet ,Saint Lucia.
ITB Forex Broker
Basic information
Saint Lucia
5-10 years Suspicious Regulatory License High potential riskCompany profile
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 |
Rating Index
Crypto
ECN
ITB Similarly Rated Brokers
Latest Reviews
0xRein
Indonesia
Fake Promotion cannot withdrawn steal customer data
Exposure
2024-10-24
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
好嘞
Hong Kong
It's completely a scam platform; money only goes in and never comes out. It has been over three weeks, and the withdrawal still hasn't been processed.
Exposure
03-23