ITI Group Forex Broker

ITI Group Forex Broker - Complete Information Guide

1. Broker Overview

ITI Group, officially known as ITI Capital Limited, was established in 1994. The company is headquartered in London, United Kingdom, with additional offices in Guernsey and Kazakhstan. ITI Group operates as a private entity and has made significant strides in the financial services sector, providing a range of trading solutions to a diverse clientele.

The primary markets served by ITI Group include the United Kingdom, Egypt, and India, catering to both retail and institutional clients. Over the years, ITI Group has evolved from its initial offerings into a comprehensive brokerage firm, focusing on foreign exchange (Forex), contracts for difference (CFDs), equities, options, futures, bonds, and exchange-traded funds (ETFs).

A notable milestone in the company's history was its acquisition of SVS Securities in 2018, which allowed ITI Group to expand its service offerings and client base. The company has also undergone a rebranding process, transitioning from IT Invest to its current name, reflecting its commitment to innovation and client service.

As a broker, ITI Group operates primarily in the retail Forex market, providing clients with access to various financial instruments through advanced trading platforms. The company's business model emphasizes transparency and client satisfaction, aiming to establish long-term relationships with its customers.

2. Regulatory and Compliance Information

ITI Group is regulated by the Financial Conduct Authority (FCA) in the UK, which is one of the most reputable regulatory bodies globally. The FCA registration number for ITI Group is 171487. The firm has been granted licenses that allow it to operate in various financial markets, ensuring compliance with local laws and regulations.

The regulatory licenses held by ITI Group are valid for a range of services, including Forex trading and investment management. The company adheres to strict KYC (Know Your Customer) and AML (Anti-Money Laundering) policies, ensuring that all client funds are safeguarded and that the firm operates within the legal framework set by the FCA.

Customer funds are kept in segregated accounts, providing an additional layer of security. ITI Group is also a participant in the Financial Services Compensation Scheme (FSCS), which protects clients in the event of the firm's insolvency. This scheme covers eligible clients up to a certain limit, ensuring that their investments are protected.

3. Trading Products and Services

ITI Group offers a diverse range of trading products and services, catering to various trading styles and preferences. The broker provides access to over 60 Forex currency pairs, including major, minor, and exotic pairs. This extensive selection allows traders to capitalize on various market conditions.

In addition to Forex, ITI Group offers CFDs on a wide array of assets, including:

• Indices: Major global indices such as the FTSE 100, S&P 500, and NASDAQ.
• Commodities: Precious metals like gold and silver, as well as energy products such as crude oil.
• Stocks: A selection of shares from prominent companies across different sectors.
• Cryptocurrencies: Popular digital currencies like Bitcoin and Ethereum.

The firm regularly updates its product offerings, ensuring that clients have access to the latest market trends and trading opportunities. ITI Group also provides retail trading services, allowing individual investors to engage in the financial markets, and offers tailored solutions for institutional clients, including white-label services and asset management.

4. Trading Platforms and Technology

ITI Group supports the MetaTrader 4 (MT4) trading platform, a widely recognized platform among traders for its user-friendly interface and extensive features. The firm does not currently offer MetaTrader 5 (MT5).

In addition to MT4, ITI Group provides a web-based trading platform that allows clients to trade from any device with internet access. The platform is designed for ease of use and includes various tools for technical analysis, charting, and automated trading.

For mobile trading, ITI Group offers a dedicated app compatible with both iOS and Android devices, allowing traders to manage their accounts and execute trades on the go. The broker employs a Market Making execution model, ensuring quick and efficient trade execution.

The technological infrastructure of ITI Group includes high-speed servers located in secure data centers, enhancing the performance and reliability of the trading experience. API access is also available for clients interested in automated trading solutions.

5. Account Types and Trading Conditions

ITI Group offers several account types to cater to the diverse needs of its clients. The standard account requires a minimum deposit of £500, with spreads starting from 1.0 pips and no commission fees.

For more experienced traders, ITI Group provides a VIP account, which offers tighter spreads and additional benefits, such as personalized support and enhanced trading conditions.

The broker also offers Islamic accounts that comply with Sharia law, ensuring that no interest is charged or paid. Clients can also open a demo account to practice trading strategies without risking real capital.

Leverage ratios vary depending on the asset class, with Forex leverage reaching up to 1:30 for retail clients. The minimum trade size is 0.01 lots, allowing traders to manage their risk effectively. ITI Group also has a transparent overnight fee policy, which is clearly outlined on their trading platform.

6. Fund Management

ITI Group supports various deposit methods, including bank transfers, credit cards, and electronic wallets. The minimum deposit requirement varies by account type, with standard accounts starting at £500.

Deposits are processed quickly, generally within 1-3 business days, depending on the method used. ITI Group does not charge any deposit fees, making it cost-effective for clients to fund their accounts.

For withdrawals, clients can choose from the same methods available for deposits. However, there may be some limitations on withdrawal amounts, particularly for electronic wallets. Withdrawal processing times typically range from 2-5 business days, depending on the method chosen.

The fee structure for withdrawals varies, with some methods incurring minor fees. ITI Group ensures that all withdrawal requests are handled promptly and transparently, maintaining clear communication with clients throughout the process.

7. Customer Support and Educational Resources

ITI Group provides robust customer support through multiple channels, including phone, email, and live chat. Their support team is available during business hours in the UK, ensuring timely assistance for clients across different time zones.

The broker supports several languages, including English, Arabic, and Russian, catering to its diverse client base.

In terms of educational resources, ITI Group offers a range of materials, including webinars, tutorials, and eBooks, designed to help traders enhance their skills and knowledge. The firm also provides market analysis services, including daily reports, news updates, and research articles to keep clients informed about market trends.

Trading tools such as calculators, economic calendars, and signal services are also available, helping clients make informed trading decisions.

8. Regional Coverage and Restrictions

ITI Group primarily serves clients in the United Kingdom, Egypt, and India, with regional offices to support its operations. The broker has established a strong presence in these markets, catering to both retail and institutional clients.

However, ITI Group does not accept clients from certain countries due to regulatory restrictions. These countries include the United States, Canada, and any region where local laws prohibit the provision of such services.

Special restrictions may also apply to clients in jurisdictions with strict financial regulations, and it is advisable for potential clients to review the terms and conditions before opening an account.

In conclusion, ITI Group is a well-established broker offering a wide range of trading products and services. With a strong regulatory framework, advanced trading platforms, and a commitment to customer support, ITI Group aims to provide a reliable trading experience for its clients in the financial markets. As a trusted player in the industry, the ITI Group broker continues to evolve and adapt to the changing landscape of global finance.