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/10

ITFX

United Kingdom|2-5 years|
Suspicious Scope of Business|High potential risk|

https://www.itfx.in

Website

Rating Index

Contact

https://www.itfx.in
Level 30, 1 Canada Square, Canary Wharaf, London E14 5AB, UK

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

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Warning: Low score, please stay away! 2
Previous Detection : 2024-06-25
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

ITFX · WikiFX Survey

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ITFX · Company Summary

General Information & Regulation

General Information & Regulation

ITFX presents itself as a financial and technological company registered in the United Kingdom that claims to provide its clients with 250 tradable financial instruments with leverage up to 1:200, floating spreads from 0.2 pips and 0% commission on the MT5 trading platform, as well as 24/5 customer support service. Here is the home page of this brokers official site:

General Information & Regulation

As for regulation, it has been verified that ITFX does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.15/10. Please be aware of the risk.

General Information & Regulation

Market Instruments

ITFX advertises that it offers access to 250 trading instruments in financial markets which include forex, commodities, indices, stocks and cryptocurrencies.

Account Types

ITFX appears to offer demo MT5 and live account types, however, it says nothing about the minimum initial deposit requirement to open an account.

Leverage

The leverage provided by ITFX is up to 1:200. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spreads & Commissions

ITFX claims that the EUR/USD spread is as low as 0.2 pips. As for commissions, there is a 0% commission and the broker also says to compensate its clients commission for funds withdrawal twice a month.

Spreads & Commissions

Trading Platform Available

Platforms available for trading at ITFX are MT5 for Windows, Android, iOS and WebTrader. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.

Trading Platform Available

Deposit & Withdrawal

ITFX says to work with numerous means of deposit and withdrawal choices, consisting of Visa, MasterCard, Maestro, Skrill, Neteller, Bank Wire Transfer and Online Banking. Receiving costs are said to be covered by ITFX. The minimum deposit amount may vary based on the payment service provider selected.

As for the processing time of deposit and withdrawal requests, deposits are immediate while withdrawals can be processed within 24 hours. However, Bank wire deposits may take between 1-4 working days to reach ITFX. Also, the time required for your funds to reach your account depends on your banks timeframe as well as the method used to withdraw.

Deposit
Deposit
Withdrawal
Withdrawal

Customer Support

ITFX‘s company address: Level 30, 1 Canada Square, Canary Wharaf, London E14 5AB, UK. However, this broker doesn’t disclose other more direct contact information like telephone numbers that most brokers offer.

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 contained in this article is for general information purposes only.

Broker Information

Company Name

ITFX

Company Abbreviation

ITFX

Regulatory Status

No Regulation

Platform registered country and region

United Kingdom

Company website
Phone of the company

--

Twitter

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Facebook

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Instagram

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YouTube

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Company address
  • Level 30, 1 Canada Square, Canary Wharaf, London E14 5AB, UK

Linkedin

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WhatsApp

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QQ

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WeChat

--

Customer Service Email Address

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Company Summary

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FX1122856388
more than one year
I love it! They are very helpful and knowledgeable. They offer a great opportunity for any ******* trader looking to learn and earn. Highly recommended.
2022-12-09 17:54
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