Basic Information
Registered Region 
Saint Lucia
Saint LuciaOperating Period
5-10 years
Company Name
ITB Broker
Customer Service Email Address
Info@ITBFX.com
Contact Number
+442046000842
Company Website
Global Broker Regulation Inquiry App
WikiFX
No Regulation
Score
0
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9
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9
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1
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9
/10
The WikiFX Score of this broker is reduced because of too many complaints!
ITB
Saint Lucia
|
5-10 years
|
ECN Account
Suspicious Regulatory License
|
High potential risk
https://itbfx.com
Website
Rating Index
Influence
Influence
B
Influence index NO.1
United States 3.56Surpassed 15.60% brokers
Biz Area
Search Statistics
Advertising
Social Media Index
Contact
+44 2046000842
Info@ITBFX.com
https://itbfx.com
The Sotheby Building,Rodney Bay,Gros-Islet ,Saint Lucia
The WikiFX Score of this broker is reduced because of too many complaints!
LicensesNo valid regulatory information, please be aware of the risk!
Warning: Low score, please stay away!
- It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
3
8
Account
Biz Area
Website
Company Summary
Wiki Q&A
Comment
Account
- Environment--
- Currency--
- Maximum Leverage1:50
- SupportedEA
- Minimum Deposit100$
- Minimum Spreadfrom 1
- Depositing Method--
- Withdrawal Method--
- Minimum Position0.001
- Commission1 ~ 10 dollars per lot
- ProductsCrypto
Updated：
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Official website
Website
- 162.241.254.154Server LocationICP registration--Most visited countries/areas--Domain Effective Date--Website--Company--
Company Summary
| ITBfx Review Summary | |
| Founded | 2018 |
| Registered Country/Region | Saint Lucia |
| Regulation | Unregulated |
| Market Instruments | Forex, Metals, Indices, Crypto, Stocks |
| Demo Account | Available |
| Leverage | Up to 1:500 |
| Spread | From 0 pips (ECN account) |
| Trading Platform | MT5 platform for all devices (Windows, Mac, Android, iOS) |
| Min Deposit | $10 (Nano Account) |
| Customer Support | Phone: +442080971783, +442080971742 |
| Email: support@itbfx.com | |
| 24/7 live support: Yes | |
| Physical Address: The Sotheby Building, Rodney Bay, Gros-Islet, Saint Lucia | |
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 |
Keywords
- 5-10 years
- Suspicious Regulatory License
- High potential risk
Wiki Q&A
qirhost 
1-2 years
Are there any hidden charges with ITBfx?
As of now, ITBfx doesn’t seem to charge withdrawal fees, but the lack of clarity on their deposit and withdrawal methods leaves me with some uncertainty. I’d feel more comfortable knowing exactly what payment options I have and whether there are any hidden fees associated with deposits or withdrawals. Since ITBfx doesn’t provide specific details on this, I’d contact their support team to get more information before committing any funds.
Broker Issues
Fees and Spreads
07-26
United States
Tricia54
1-2 years
Do I think ITBfx has any significant drawbacks?
For me, the most significant drawback is the lack of regulation. Without regulatory oversight, I’d be concerned about the safety of my funds and how disputes would be handled if something went wrong. Additionally, the fact that they restrict users in major countries like the USA and Canada is something that limits their appeal for me. These factors definitely weigh heavily on my decision-making process.
Broker Issues
Regulation
07-26
United States
Hhduy
1-2 years
What can I trade with ITBfx?
ITBfx offers a broad range of trading instruments, including forex, metals, indices, stocks, and cryptocurrencies. I like this variety because it allows me to diversify my trades across different markets. Whether I’m trading currency pairs, precious metals like gold, or even cryptocurrencies like Bitcoin, ITBfx has a solid offering that caters to my trading needs.
Broker Issues
Instruments
Leverage
Account
Platform
07-25
United States
Arnold Joseph
1-2 years
Are there any deposit fees I should be aware of?
As of now, ITBfx doesn’t appear to charge any deposit fees, which is a relief for me. With other brokers, I’ve seen unexpected deposit charges, and it’s always a bit frustrating. However, because ITBfx hasn’t specified this in detail, I would still verify with their support team to make sure there are no hidden fees before I fund my account.
Broker Issues
Fees and Spreads
07-17
United States
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sfaa aymen
Iraq
i can't withdraw money They keep rejecting my request to withdraw funds.
Exposure
FX1608134325
Indonesia
Withdrawing funds is challenging.
Exposure
Totok widayat
Indonesia
Warning, responses from support are slower than a snail's pace. Don't expect them to pay if you get a no deposit bonus. They are scammers and don't want to pay. Stay away from the scam broker ITBFX.
Exposure
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
0xRein
Indonesia
Fake Promotion cannot withdrawn steal customer data
Exposure
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
FX1065630513
Malaysia
This broker does offer deposit bonus, and its minimum deposit to start trading is very friendly. Can you believe it? only $10! I’ve opened a Nano account to test broker, so far so good, and its customer support is quite professional. Will tell you guys good news🙂 ✌
Positive
素颜3533
Spain
The information that appears on its website is really scarce. It's even hard to get in touch with them. They have a frequently asked questions section but hey there is no problem or answer. I haven't noticed the regulation either. Is it really a serious broker??
Neutral