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ITCS Trade foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://itcs.trade/, about the company's legal and temporary regulatory information, the company's address .

ITCS Trade Forex Broker

Basic Information

Registered Region

United Kingdom

Operating Period

Company Name

ITCS Capital Ltd

Abbreviation

ITCS Trade

Company employee

Customer Service Email Address

support@itcscapital.com

Company Website

https://itcs.trade/

Keywords

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Company profile

ITCS Review Summary Founded 2019 Registered Country/Region Kazakhstan Regulation No Regulation Market Instruments 5,000+ CFD instruments, forex, indices, commodities, cryptocurrencies, stocks and ETFs Demo Account Unavailable Leverage N/A Spread From 0.01 pips Trading Platforms XOH Trader Minimum Deposit N/A Contact form, chat via WhatsApp Customer Support Phone: +34 951 12 72 11 Email: support@itcscapital.com Address: K. Amanzholov Street 174, Uralsk City, 090000, Kazakhstan What is ITCS？ ITCS, also known as ITCS Capital, is an unregulated trading platform that offers a wide range of financial instruments for traders. Founded in 2019 and based in Kazakhstan, ITCS provides access to over 5000 CFD instruments, including forex, indices, commodities, cryptocurrencies, stocks, and ETFs. The platform offers competitive spreads and charges a nominal commission of 0.03% per position. Traders can utilize the XOH Trader platform for advanced features such as technical analysis tools, real-time market updates, and multiple deposit methods. Pros & Cons Pros Cons Diverse range of trading options No Regulation Multiple deposit methods supported Multiple Customer Support Channels Pros: Diverse range of trading options: ITCS offers over 5000 CFD instruments, including forex, indices, commodities, cryptocurrencies, stocks, and ETFs, providing traders with ample opportunities to diversify their portfolios and explore various financial markets. Multiple deposit methods supported: ITCS supports a wide range of deposit methods, including Mastercard, Visa, SEPA transfer, MiFinity e-wallet, Trustly via MiFinity, Sofort via MiFinity, Binance Pay, and various cryptocurrencies, offering convenience and flexibility to traders worldwide. Multiple Customer Support Channels: ITCS provides various customer support channels including phone, email, live chat, and contact form, enhancing accessibility and assistance for clients. Cons: No Regulation: The lack of valid regulation raises significant safety and trust concerns, as regulatory oversight is crucial for ensuring customer protection and platform transparency. There are also reports of being unable to withdraw and scams, adding to the cons of the platform. Is ITCS Legit or a Scam？ ITCS currently lacks valid regulation, which raises significant concerns about its safety and legitimacy. Regulatory oversight is crucial for ensuring that a financial services provider operates within established standards and adheres to specific rules and requirements designed to protect investors and clients. Without proper regulation, there is an increased risk of fraudulent activities, scams, and inadequate consumer protection. Market Instruments ITCS boasts an extensive range of over 5000 CFD instruments, covering various financial markets to cater to diverse trading preferences. Traders can access a wide array of forex pairs, indices representing global markets, commodities including precious metals and energy resources, cryptocurrencies such as Bitcoin and Ethereum, as well as stocks and ETFs from leading companies across different sectors. How to Open an Account？ Step 1: Click the button ''Create a free account'' on the homepage. Step 2: Follow the on-screen instructions to input your personal and contact details. Step 3: Click on the ''Create account'' option to finalize the creation of your account. Step 4: An email will typically be sent to your registered email address to verify your account. Ensure to check your inbox and spam folders. Step 5: Click on the link received in the verification email to activate your account. Spreads & Commissions ITCS provides competitive spreads starting from as low as 0.01 pips, ensuring cost-effective trading for its clients. In addition to tight spreads, ITCS charges a nominal commission of 0.03% per position, allowing traders to benefit from transparent and affordable trading conditions. This combination of low spreads and commission fees enables traders to execute their strategies with minimal costs, maximizing their returns. Trading Platforms ITCS provides traders with the XOH Trader platform, offering a suite of features for both beginners and seasoned investors. Users can access real-time quotes, execute various trade orders, and track their trading history seamlessly. Advanced functionalities include market sentiments, trending asset indicators, financial news, and an economic calendar, ensuring traders stay informed. The platform also offers robust technical analysis tools, including advanced charts, popular indicators, and multiple timeframes. Trading Tools ITCS Trade provides a robust set of trading tools designed to enhance your technical analysis and improve trading outcomes. The platform offers various chart types, including candlestick, bar, and line charts, allowing you to visualize market movements effectively. With over 40 technical indicators available, such as moving averages and oscillators, you can perform in-depth analysis to identify trends and entry and exit points. ITCS Trade also offers customizable timeframes, drawing tools, and multi-chart functionality, enabling you to tailor your analysis to your unique trading style. Additionally, real-time data and market updates ensure that you have access to the latest information, empowering you to react swiftly to market changes. Deposits & Withdrawals ITCS provides a seamless and convenient deposit process, offering a wide range of payment methods to suit the preferences of its clients. Investors can fund their trading accounts using popular options such as Mastercard, Visa, and SEPA transfer for traditional banking transactions. Additionally, ITCS supports modern digital payment solutions, including MiFinity e-wallet, Trustly via MiFinity, Sofort via MiFinity, Binance Pay, and various cryptocurrencies like Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Tether, and Ripple. When it comes to withdrawals, ITCS offers a straightforward process to facilitate the transfer of funds from trading accounts back to clients' bank accounts. Withdrawals can be made conveniently via SEPA transfer, providing a reliable and efficient method for transferring funds within the European Union. You can refer to the screenshot for more information on currency, processing time, and transfer limits. Customer Service ITCS provides a comprehensive and accessible customer support network. Their support team can be reached through different channels for ultimate convenience. Contact form, chat via WhatsApp Phone: +34 951 12 72 11 Email:support@itcscapital.com Address: K. Amanzholov Street 174, Uralsk City, 090000, Kazakhstan Conclusion In conclusion, ITCS offers an extensive range of trading instruments, competitive spreads, multiple trading tools, and a wide range of accepted payment methods, making it an advantageous platform for various investors with varying investment styles and goals. However, the lack of valid regulation raises significant concerns about the safety and trustworthiness of the platform. Frequently Asked Questions (FAQs) Question 1: Is ITCS regulated？ Answer 1: No. It has been verified that this broker currently has no valid regulation. Question 2: Does ITCS offer demo accounts？ Answer 2: No. Question 3: What financial instruments can I trade with ITCS？ Answer 3: 5000+ CFD instruments, forex, indices, commodities, cryptocurrencies, stocks and ETFs. Question 4: Does ITCS offer industry-leading MT4 & MT5？ Answer 4: No. Instead, it offers XOH Trader. Question 5: Is ITCS a good broker for beginners？ Answer 5: No. It is not a good choice for beginners because of its unregulated condition. Risk Warning Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

ITCS Trade broker review

Is ITCS Trade safe or scam

Rating Index

How to login to ITCS Trade?

Itcs Complete Account Guide: Registration, Account Opening, and Login Processes Welcome to the comprehensive guide on using the Itcs platform. This guide will walk you through the processes of account registration, account opening, and login, ensuring you have all the information you need to get sta

ITCS Forex Broker - Complete Information Guide

1. Broker Overview

　　ITCS Trade, officially known as ITCS Capital Ltd, was established in 2019. The company is headquartered in Uralsk, Kazakhstan, and operates primarily as a private entity. ITCS Trade offers its services to a diverse market, including traders from countries such as the United States, United Kingdom, India, and Nigeria.

　　Since its inception, ITCS Trade has aimed to provide a user-friendly trading experience, focusing on retail Forex and CFD trading. The broker has developed its platform to cater to both novice and experienced traders, emphasizing accessibility and a wide range of trading instruments. Over the years, ITCS Trade has made significant strides in expanding its offerings, including the introduction of various trading tools and features to enhance user experience.

　　The company operates under a business model that primarily includes retail Forex trading and CFD services, allowing individual traders to access the global financial markets. As an emerging player in the Forex brokerage landscape, ITCS Trade is positioned to attract traders looking for a comprehensive trading experience.

2. Regulatory and Compliance Information

　　ITCS Trade claims to be registered as a financial services provider with the Kazakh Ministry of Economy. However, it is important to note that the regulatory environment in Kazakhstan is not as stringent as in other established financial jurisdictions. The absence of oversight from the Kazakh National Bank raises concerns about the overall regulatory legitimacy of ITCS Trade.

　　The broker operates in a region where Forex and CFD trading is largely unregulated, which may expose traders to higher risks. Furthermore, ITCS Trade also provides services through an entity registered in Saint Vincent and the Grenadines (SVG), a known offshore jurisdiction with minimal regulatory requirements. This dual structure complicates the regulatory landscape, as trading services are provided without robust oversight.

　　ITCS Trade has implemented some compliance measures, including Know Your Customer (KYC) and Anti-Money Laundering (AML) protocols. However, the lack of participation in an investor compensation fund or similar safety net raises concerns about the protection of client funds. The absence of a clear regulatory framework may lead to potential challenges in fund recovery and investor protection.

3. Trading Products and Services

　　ITCS Trade offers a diverse array of trading products, catering to various investment preferences. The broker provides access to over 30 Forex currency pairs, including major pairs such as EUR/USD, GBP/USD, and USD/JPY. Additionally, traders can engage with more than 980 CFDs, which encompass various asset classes, including indices, commodities, stocks, and cryptocurrencies.

　　The cryptocurrency offerings include popular digital currencies such as Bitcoin, Ethereum, and Litecoin, along with a selection of other altcoins. This extensive range of products allows traders to diversify their portfolios and engage in different market segments.

　　ITCS Trade's commitment to expanding its product offerings is evident, as the broker frequently updates its trading instruments based on market demand and trends. The broker also provides retail trading services, making it accessible for individual traders to participate in the global financial markets. However, details regarding institutional services or white-label solutions are not prominently featured in the available information.

4. Trading Platforms and Technology

　　ITCS Trade employs the XOH Trader platform, which is available in desktop, web, and mobile versions. The platform is designed to be user-friendly, providing traders with essential tools such as charts, graphs, and indicators. However, it lacks some advanced features that are typically found in more established trading platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5).

　　The broker does not support MT4 or MT5, which are widely recognized for their robust capabilities and extensive toolsets. Instead, the XOH Trader platform is tailored for simplicity, making it suitable for beginners but potentially limiting for experienced traders seeking advanced functionalities.

　　ITCS Trade's mobile trading application is compatible with both iOS and Android devices, allowing traders to manage their accounts and execute trades on the go. The broker also supports API access for automated trading, although specific details regarding the execution model (ECN, STP, or Market Making) are not explicitly stated.

5. Account Types and Trading Conditions

　　ITCS Trade offers a standard account with a minimum deposit requirement of €200. The broker provides competitive trading conditions, including tight spreads ranging from 0.2 pips to 0.7 pips for major currency pairs.

　　For traders looking for advanced options, ITCS Trade may offer various account types, although specific details on VIP or professional accounts were not provided. The broker does not offer Islamic accounts or demo accounts, which may limit accessibility for certain trader segments.

　　Leverage options are available up to 1:100, which can amplify potential profits but also increases risks. The minimum trade size and overnight fees were not specified in the available information, which could be a consideration for potential traders.

6. Fund Management

　　ITCS Trade supports multiple deposit methods, including Visa, Mastercard, Binance, and various cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. The minimum deposit requirement is set at €200, which is relatively high compared to industry standards.

　　Deposits are processed instantly for most methods, although bank transfers may take 1-2 business days. The broker does not charge deposit fees, making it cost-effective for traders to fund their accounts.

　　Withdrawal methods include bank transfers and e-wallets, with processing times varying. While the broker claims to offer free withdrawals, specific details regarding withdrawal limits and potential fees were not clearly outlined. The lack of transparency in this area may raise concerns for traders regarding fund accessibility.

7. Customer Support and Educational Resources

　　ITCS Trade provides customer support through various channels, including email and online chat. However, the availability of support and response times may vary based on the time zone and service hours, which were not explicitly detailed.

　　The broker offers multilingual support, catering to a diverse clientele. Educational resources are available, including webinars, tutorials, and market analysis services, although the depth and quality of these resources were not extensively covered.

　　Market analysis services include daily updates, research reports, and trading signals to assist traders in making informed decisions. Additionally, trading tools such as calculators and economic calendars are provided to enhance the trading experience.

8. Regional Coverage and Restrictions

　　ITCS Trade primarily serves markets in Kazakhstan, the United States, the United Kingdom, India, and Nigeria. The broker has regional offices in Uralsk, Kazakhstan, and claims to be expanding its reach globally.

　　However, it is important to note that ITCS Trade may impose restrictions on clients from certain countries, particularly those with stringent financial regulations. The specific countries or regions where clients are not accepted were not disclosed in the available information.

　　In summary, while ITCS Trade presents itself as a viable option for Forex and CFD trading, potential clients should exercise caution due to the lack of robust regulatory oversight and transparency in several operational aspects. As always, thorough research and consideration of individual trading needs are essential when selecting a brokerage.

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