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 |
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
FX3362584562
United Kingdom
I contacted support once regarding account settings. Took a few messages, but it was resolved.
Positive
FX1791916490
United Kingdom
Support is not super fast, but when they answer, they actually read the question. That’s not always the case with brokers.
Neutral
FX1751889626
United Kingdom
Had a small issue with login once, contacted support and it was sorted same day.
Positive
FX2970001662
Bulgaria
Had doubts at first like with any broker, but after testing it myself Im more comfortable now.
Positive
FX2700546644
Bulgaria
Gold spreads on ITBFX are super tight, bonuses are generous, and the monthly league is just the cherry on top. Loving the experience so far.
Positive
FX1666737083
Italy
I’ve been trading Forex for about 4 years and have used several brokers. ITBFX has been a solid experience for me so far. The support team is responsive when needed, the platform works smoothly, and everything feels reliable overall. Compared to my previous brokers, this has been one of the better experiences.
Positive
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