English

ITG foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://trading.intl-tg.com/register, about the company's legal and temporary regulatory information, the company's address Lykourgou, 38 Athienou, 7600, Larnaca, Cyprus.

ITG Forex Broker

Basic Information

Registered Region

Cyprus

Operating Period

Company Name

International Trust Group

Abbreviation

ITG

Company employee

Customer Service Email Address

support@intl-tg.com

Contact Number

+31 20 520 7500

Company Website

https://intl-tg.com/eng

Company address

Lykourgou, 38 Athienou, 7600, Larnaca, Cyprus

Keywords

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Company profile

Feature Details Company Name International Trust Group (ITG) Registered Country/Area Toronto, Canada Founded Year 1992 Regulation Unregulated Minimum Deposit $100 Maximum Leverage 1:500 Spreads From 0 pips Trading Platforms ITG POSIT (web-based), ITG Trader (desktop) Tradable Assets Institutional agency trading, electronic trading, algorithmic trading, equities, fixed-income products Account Types Mini, Standard, ECN, and VIP. Demo Account Offered Customer Support 24/5 via live chat, phone, email, and social media Deposit & Withdrawal Via wire transfer, credit/debit card, or PayPal (withdrawals via wire transfer or check) Educational Resources Trading guides, videos, webinars, knowledge base Overview of International Trust Group (ITG) International Trust Group (ITG) is a Toronto-based independent IIROC dealer-member established in 1992. They offer a range of services, including low-touch and high-touch institutional agency trading, ultra-low latency electronic trading through their flagship product Serenity©, and bespoke algorithmic trading solutions. Additionally, ITG's investment banking division provides technical due diligence, financial modeling, and transaction structuring for mergers & acquisitions. For retail traders, ITG offers the Independent Direct platform, a user-friendly app-based solution providing real-time market data and high-speed execution in equities and fixed-income products. Regulatory Information A significant point of concern for potential investors is the broker's unregulated status. It lacks oversight from major financial regulatory bodies. This absence of regulation can pose substantial risks to traders, as unregulated brokers often lack the stringent compliance and transparency standards set by established regulatory authorities. Investors dealing with unregulated entities may face challenges in seeking recourse in case of disputes or malpractices. Thus, it's imperative for traders to exercise caution and conduct comprehensive due diligence before engaging with such brokers. Pros and Cons Pros Cons Diverse Trading Options Limited Trading Product Diversity Advanced Electronic Trading with Serenity© Geographical Limitations Bespoke Algorithmic Solutions Potential Learning Curve for Bespoke Solutions Comprehensive Investment Banking Services Lack of Mentioned Leverage Options User-Friendly Retail Platform (Independent Direct) No Mention of Spread Pros: Diverse Trading Options: ITG offers both low-touch and high-touch institutional agency trading, catering to different client needs. Advanced Electronic Trading: Their flagship product, Serenity©, provides ultra-low latency electronic trading, ensuring quick order transmission and execution. Bespoke Algorithmic Solutions: ITG offers custom-built algorithmic trading strategies tailored to individual client requirements. Comprehensive Investment Banking Services: Their investment banking division provides a wide range of services, including technical due diligence and transaction structuring. User-Friendly Retail Platform: The Independent Direct platform is app-based, offering real-time market data and high-speed execution for retail traders. Cons: Limited Trading Product Diversity: While ITG offers equities and fixed-income products, they might not have a wide range of other financial instruments like commodities, indices, or cryptocurrencies. Geographical Limitations: Being based in Toronto, ITG might primarily focus on Canadian and US markets, potentially limiting global market access. Potential Learning Curve: The bespoke algorithmic solutions might require clients to have a certain level of expertise to fully utilize them. Lack of Mentioned Leverage Options: There's no explicit mention of high leverage options, which some traders might seek. No Mention of Spread: The spread details, which are crucial for many traders, are not explicitly mentioned. Market Instruments International Trust Group (ITG) offers a variety of trading products and services to cater to different client needs. Here's a detailed list of the trading products they offer: Institutional Agency Trading: Low Touch/DEA Trading: Designed for clients with sophisticated strategies who can trade without direct intervention. These strategies are typically high-volume, high-turnover, and proprietary to each client. High Touch Outsourced Trading Desk: Available for institutional clients who wish to access dark, opaque, or Over The Counter (OTC) markets in equities and fixed-income products. SERENITY - ULTRA-Low latency Electronic Trading (DEA): Serenity©: ITG's flagship DEA product designed to help clients capture alpha. It's co-located in multiple marketplace data centers and uses best-in-class hardware. Algorithmic Trading: Serenity© Buy-Side Algo Suite: A set of trading tools designed to aid clients seeking liquidity in the Canadian and US markets. Serenity© Bespoke Algos: Custom-built algorithms unique to each client, translating client requests into algorithmic trading strategies. Investment Banking: Provides solutions to help public and private companies, financial institutions, and advisory firms raise capital, identify conflicts of interest, and offer independent advice. They also provide technical due diligence, financial modeling, transaction structuring, and advice for mergers & acquisitions. Independent Direct: A retail broker-dealer platform that offers real-time market data through an app-based platform. It provides users with high-speed quotes and execution in equities and fixed-income products. Account Types International Trust Group (ITG) offers four different account types: Mini, Standard, ECN, and VIP. Each account type has its own spread, leverage, and product offerings. ITG Account Types Account Type Spread Leverage Products Mini 1.8 pips 1:100 Forex, CFDs on stocks, indices, and commodities Standard 1.5 pips 1:200 Forex, CFDs on stocks, indices, and commodities ECN Raw ECN spread (starting from 0 pips) 1:500 Forex, CFDs on stocks, indices, and commodities VIP Raw ECN spread (starting from 0 pips) 1:500 Forex, CFDs on stocks, indices, and commodities ITG also offers a demo account for traders to practice trading without risking any real money. ITG offers a variety of educational resources and support services to its clients. Overall, ITG offers a variety of account types to meet the needs of different types of traders. Traders can choose an account type based on their trading experience, risk tolerance, and budget. How to Open an Account？ To open an account with International Trust Group (ITG) without specified account types: Reach Out: Contact ITG directly via their website, email, or phone. Consultation: Discuss your trading goals and requirements with ITG representatives. Provide Documentation: Submit necessary identification and financial documents for verification. Review Proposal: ITG will offer a tailored proposal based on your needs. Setup: Once agreed, they'll guide you through the account setup and funding process. Leverage ITG offers a maximum leverage of 1:500 on all trading products, including forex, CFDs on stocks, indices, and commodities. However, the specific leverage levels available for each trading product may vary depending on the asset class and the market conditions. Spreads and Commissions International Trust Group (ITG) offers competitive spreads and commissions on its trading products, with no commissions charged on CFDs on stocks, indices, and commodities for standard accounts. Trading Product Category Average Spread Commission Rate (Standard Account) Forex 1.5 pips $5 per lot CFDs on stocks 0.10% None CFDs on indices 0.20% None CFDs on commodities 0.25% None Trading Platform International Trust Group (ITG) offers two trading platforms: ITG POSIT and ITG Trader. Both platforms provide real-time market data, streaming charts, advanced order types, and trading tools, comprehensive risk management tools, and a customizable user interface. ITG POSIT is a web-based platform, while ITG Trader is a desktop platform. ITG Trader offers additional features such as a level II order book, technical analysis tools, and news and research feeds. ITG POSIT: ITG POSIT is a web-based trading platform that offers a variety of features and functionalities, including: Real-time market data and streaming charts Advanced order types and trading tools Comprehensive risk management tools Customizable user interface Access to global markets ITG Trader: ITG Trader is a desktop trading platform that offers a number of additional features and functionalities, including: Level II order book Technical analysis tools News and research feeds Customizable hotkeys and keyboard shortcuts Overall, ITG's trading platforms offer a wide range of features and functionalities that are designed to meet the needs of both novice and experienced traders. The platforms are also highly customizable, allowing traders to tailor them to their individual trading styles and preferences. Deposit and Withdrawal International Trust Group (ITG) offers a variety of deposit and withdrawal options to its clients. Deposits can be made via wire transfer, credit/debit card, or PayPal. Withdrawals can be made via wire transfer or check. Method Minimum Deposit Fee Time Required Wire Transfer $10,000 $25 24 hours Credit/Debit Card $1,000 2.90% 1 hour PayPal $100 2.90% 1 hour Wire Transfer (Withdrawal) $100 $25 24 hours Check (Withdrawal) $100 $10 2-3 business days Customer Support International Trust Group (ITG) offers 24/5 customer support via live chat, phone, email, and social media. ITG also offers a knowledge base, FAQs, tutorials, and webinars to help its clients. Educational Resources ITG offers a variety of educational resources to its clients. This ensures that clients can always get the education they need to become successful traders. Trading Guides: ITG offers a variety of trading guides on its website, covering topics such as forex trading, CFD trading, and technical analysis. Videos: ITG offers a variety of educational videos on its website, covering topics such as how to use the ITG platform and how to trade different asset classes. Webinars: ITG offers regular webinars on a variety of trading topics. To register for a webinar, simply visit the ITG website and click on the “Webinars” link in the header. Knowledge Base: ITG offers a knowledge base with a variety of articles and resources on trading and using the ITG platform. To access the ITG knowledge base, simply click on the “Knowledge Base” link in the footer of the ITG website. Conclusion Established in 1992 in Toronto, International Trust Group (ITG) is a notable IIROC dealer-member. They provide a variety of services, from institutional trading to electronic trading via their Serenity© platform. Additionally, ITG offers investment banking expertise, especially in mergers & acquisitions, and a user-friendly trading app, Independent Direct, for individual traders. FAQs Q: Does ITG offer any bonuses or promotions？ A: Yes, including a welcome bonus of up to $1,000 and a referral bonus of $100. Q: What are the unique features of the ITG platform？ A: The ITG platform offers unique features such as a customizable interface, technical analysis tools, and a social trading feature. Q: What is the Serenity© platform offered by ITG？ A: Serenity© is ITG's flagship product for ultra-low latency electronic trading. Q: Does ITG offer services related to mergers & acquisitions？ A: Yes, ITG's investment banking division provides technical due diligence, financial modeling, and transaction structuring for mergers & acquisitions. Q: What platform does ITG offer for retail traders？ A: For retail traders, ITG offers the Independent Direct platform, an app-based solution for real-time market data and high-speed execution.

ITG broker review

Is ITG safe or scam

Rating Index

Pros

Competitive cashback rebates on trades, potentially lowering overall trading costs.

24/7 customer support available via live chat, phone, and email.

Access to a wide range of financial instruments, including forex, CFDs, commodities, and indices.

Cons

Lack of proper regulation, raising concerns about the safety of funds and overall trustworthiness.

High minimum deposit requirement compared to many other brokers.

Mixed reviews regarding execution speed and overall user experience, indicating potential reliability issues.

How to login to ITG?

itg Complete Account Guide: Registration, Account Opening, and Login Processes Navigating the world of online trading can be daunting, but with the right guidance, the process of creating and managing your account on the itg platform can be straightforward. This comprehensive guide will walk you thr

ITG Forex Broker - Complete Information Guide

1. Broker Overview

ITG Traders, established in 2007, operates as a forex brokerage firm headquartered in Saint Vincent and the Grenadines. The company is privately held and primarily serves retail forex traders, providing access to various financial instruments. Over the years, ITG Traders has positioned itself as a significant player in the forex market, focusing on offering competitive trading conditions and cashback incentives.

The firm has developed a reputation for its forex rebate programs, which aim to reduce trading costs for clients by returning a portion of the trading fees. This model has attracted a diverse clientele, including beginner and experienced traders looking for cost-effective trading solutions. ITG Traders has also expanded its offerings to include forex signals and other trading tools, enhancing its service portfolio.

As part of its growth strategy, ITG Traders has sought to establish a robust online presence, although it has faced challenges related to regulatory oversight and market competition. The company operates under the brand ITG Broker, which signifies its commitment to providing forex trading services and rebates.

2. Regulatory and Compliance Information

ITG Traders is currently unregulated, which raises concerns regarding investor protection. The company operates without oversight from any major financial authority, making it essential for potential clients to exercise caution. The lack of regulation means that there are no specific regulatory numbers or licenses associated with ITG Traders, and it does not participate in any investor compensation schemes.

Client funds are not guaranteed under any regulatory framework, and there is no indication of a client funds segregation policy in place. Furthermore, the firm has not publicly detailed its Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures, which are critical for ensuring the safety and legality of trading activities.

In summary, ITG Traders operates in a high-risk environment due to its unregulated status, and potential clients should be aware of the implications of trading with a broker that lacks proper oversight.

3. Trading Products and Services

ITG Traders offers a variety of trading products, primarily focusing on forex currency pairs. The broker provides access to a substantial number of currency pairs, including major, minor, and exotic options. Additionally, ITG Traders expands its offerings to include Contracts for Difference (CFDs) on various asset classes, such as:

Indices
Commodities
Stocks
Cryptocurrencies

While the firm claims to offer a broad range of trading instruments, the frequency of product updates and the addition of new trading pairs have not been explicitly detailed in the available information.

Retail trading services are a core component of ITG Traders' business model, catering to individual traders seeking to capitalize on market movements. The firm also provides institutional services, although specifics regarding these offerings are less clear. There is no mention of any white-label solutions or asset management services being provided by ITG Traders.

4. Trading Platforms and Technology

ITG Traders does not support MetaTrader 4 or 5, which are widely recognized as industry-standard trading platforms. Instead, the broker appears to utilize a proprietary trading platform, although detailed information about its features and functionalities is limited.

The broker does offer a web-based trading platform, allowing clients to trade directly from their browsers without the need for software downloads. Additionally, mobile trading applications are available for both iOS and Android devices, enabling traders to manage their accounts on the go.

In terms of execution models, ITG Traders employs a Market Making approach, which means the broker acts as the counterparty to trades. The specifics regarding server locations and the underlying technology infrastructure have not been disclosed, which could impact the overall trading experience.

API integration and automated trading capabilities are not clearly outlined, leaving potential clients uncertain about the technological flexibility available for algorithmic trading.

5. Account Types and Trading Conditions

ITG Traders offers several account types, catering to different trading needs. The standard account conditions include:

Minimum Deposit: Varies by account type
Spreads: Typically starting from 3 pips
Commission: Not explicitly stated

Advanced account types, such as VIP or Professional accounts, may offer different conditions, but specific details regarding the benefits and requirements for these accounts are not provided.

The broker also offers Islamic accounts, ensuring compliance with Sharia law for clients who require such options. A demo account is available for traders wishing to practice their strategies before committing real funds.

Leverage ratios offered by ITG Traders can reach up to 1:500, depending on the asset class, while the minimum trade size is typically 0.01 lots. Overnight fees and other trading costs have not been clearly defined, which could lead to unexpected expenses for traders.

6. Fund Management

ITG Traders supports a variety of deposit methods, including:

Bank Transfers
Credit/Debit Cards
E-wallets

The minimum deposit requirements vary depending on the account type, with standard accounts generally requiring a minimum of $500 to open.

Deposit processing times are not explicitly stated, but it is common for such transactions to be processed within a few business days. There are no clear indications of deposit fees, which could affect the overall trading cost.

Withdrawal methods include similar options as deposits, but specific limitations on withdrawal amounts and processing times have not been detailed. Additionally, any associated withdrawal fees are not clearly outlined, which is essential information for potential clients.

7. Customer Support and Educational Resources

ITG Traders provides customer support through multiple channels, including:

Phone
Email
Online Chat
Social Media

The support team operates 24/7, ensuring that clients can receive assistance at any time. The primary support language is English, although additional language support may be limited.

Educational resources offered by ITG Traders include webinars, tutorials, and e-books, aimed at enhancing traders' knowledge and skills. The broker also provides market analysis services, including daily updates, news, and research reports, which can assist traders in making informed decisions.

Trading tools such as calculators and economic calendars are available, helping clients to plan their trading strategies effectively.

8. Regional Coverage and Restrictions

ITG Traders primarily serves clients in Saint Vincent and the Grenadines and other regions, although specific details regarding the geographical distribution of its services are not provided. The broker has not disclosed any regional offices.

Certain countries may be restricted from accessing ITG Traders' services, particularly those with stringent regulatory requirements. Specific details on the countries or regions that are not accepted have not been mentioned, which could be a critical consideration for potential clients.

In conclusion, while ITG Traders offers a variety of services and trading products, potential clients should be cautious due to the unregulated nature of the broker. It is essential to conduct thorough research and consider the risks involved before engaging with ITG Traders. As always, it is advisable to choose a broker that aligns with your trading goals and offers the necessary regulatory protections.

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