Forex Brokers Review: Is ITBFX A Safe Broker?

What Is the ITB Broker?

ITB Broker has established itself as a reputable forex broker in the dynamic world of trading. Inspired by the star Brachium, which symbolizes justice in the world, ITB Broker embodies a commitment to fairness and transparency in the financial markets.

What sets ITB Broker apart is its commitment to delivering the best market prices without hidden fees or artificially marked-up prices. With a focus on innovative trading solutions, exceptional customer support, and an array of advanced features, ITB Broker is not just a trading platform but a partner in your trading journey.

An Introduction to ITB Broker

ITB, which stands for International Trading Brachium, takes its name from the star Brachium, a symbol of justice in the world. Founded in 2017, ITB quickly made its mark in the industry and, after just five years, was awarded Best Cryptocurrency & Forex Broker in 2022.

What makes ITB forex broker truly unique is that it follows the no-dealing desk model, which directly connects traders to interbank markets and liquidity pools. This ensures that traders receive the best available market prices with complete transparency, no hidden fees, and no artificially marked-up prices.

What Services Does ITB Broker Provide?

Among various forex brokers, ITBFX Broker stands out from the crowd and sets itself apart by offering the following features:

24/7 Customer Support: ITB offers round-the-clock customer support, ensuring that you can get assistance at any time, no matter your location or trading hours. This service provides peace of mind and quick resolutions to any issues that may arise.

Zero Commission Fees: with ITB broker, you can enjoy zero commission on trades and maximize your profits without worrying about additional fees. This makes ITB an attractive option for those looking to minimize trading costs.

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Competitive Spreads, Especially for Gold: ITB broker offers highly competitive spreads, particularly for gold trading, giving you better pricing and potentially higher returns. The lower spread makes it more cost-effective for frequent traders.

Quick and Easy Deposit and Withdrawal: ITB ensures that deposits and withdrawals are fast and straightforward, enabling you to manage your accounts efficiently. This smooth process adds convenience and improves the overall trading experience.

Regulation by MWALI and FSA International Services: Being regulated by MWALI and FSA International Services, ITB broker provides a secure and trustworthy trading environment. This regulation ensures that the ITBFX broker adheres to global financial standards, offering traders peace of mind.

ITB Trader Platform: ITB Trader platform offers users access to a wide range of financial markets, including the forex market, stocks, and commodities, providing advanced trading tools and a user-friendly interface for both beginners and experienced traders.

ITB Academy: ITB Academy is an educational resource designed to help traders improve their skills. It offers courses, webinars, and tutorials on various trading strategies, market analysis, and risk management.

ITB IB Plan: The Introducing Broker (IB) Plan allows individuals or businesses to earn commissions by referring new clients to ITB broker, providing them with tools, support, and an opportunity to grow a business in the financial industry.

ITB Broker Account Types

ITB Broker offers three types of trading accounts, each designed to suit different trading styles, as outlined below:

  1. Nano Account: With ITB Broker, you can start trading with as little as $1. This account features a floating spread starting from 1.5 pips and allows you to trade forex and metals with a maximum order size of 5 lots.

  2. Standard Account: The Standard Account requires an initial deposit of $50. The spread begins at 2 pips, and you can trade a variety of financial instruments, including forex, metals, cryptocurrencies, and indices, with a maximum order size of 10 lots.

  3. ECN Account: The ECN Account requires a minimum deposit of $100 and offers a wide range of financial instruments, including forex, metals, cryptocurrencies, indices, and stocks. It provides the most competitive spreads, starting from 0 pips and with a maximum order size of 10 lots. 

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ITB Broker Bonuses

ITBFX broker offers a range of trading bonuses, each designed to meet traders’ specific needs. For example, the 50-50 bonus is a special welcome bonus where new traders can receive an extra $50 by depositing a minimum of $50 when registering for the first time with ITBFX. 

ITB Broker: Recent Highlights You Need to Know

We are thrilled to announce that ITBFX Broker will attend the Forex Expo in Dubai for the third consecutive year. The event will be held on Oct 7 and 8, 2024.
As a key event in the global financial landscape, the Forex Expo is known for bringing together traders, brokers, fintech innovators, and financial institutions worldwide, creating an unparalleled opportunity to network, learn, and discover the latest trends in the industry.

At ITB Broker’s booth, you will have an exclusive chance to:

  • Experience Advanced Trading Platforms: We will be showcasing our advanced trading platforms that are designed to meet the needs of traders at all levels, offering features that provide cutting-edge tools, user-friendly interfaces, and fast execution to enhance your trading experience.

  • Access Exclusive Promotions: Visitors will benefit from special promotions and bonus offers that will be available only during the Forex Expo, giving traders added value and a chance to make the most of their trading journey with ITBFX.

  • Meet Our Team of Experts: Our experienced professionals will be on hand to provide personalized trading insights and guidance. Whether you’re just starting out in forex trading or are a seasoned trader looking to refine your strategies, you can connect with our experts for tailored advice.

  • Explore Our Latest Tools and Features: We are constantly innovating to bring traders the best in technology and services. Attendees will have the opportunity to explore ITBFX’s new offerings, including powerful analysis tools, educational resources, and automated trading options to stay ahead of the market.

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FAQs:

Is ITBFX a safe broker?

ITBFX is regulated by reputable financial authorities such as MWALI and FAS, ensuring a secure and reliable trading environment.

Does the ITB broker attend Forex Expo 2024? 

Yes, ITBFX will be participating in the Forex Expo in October 2024.

How much is the spread when trading with the ITB broker?

The amount of spread depends heavily on the account type you are trading with. For example, nano accounts offer a floating spread starting from 1.5 pips, while this could start from zero on the ECN account.

Is Forex legal in the US?

Yes, forex trading is legal in the United States. However, U.S. traders are limited to trading through brokers that are authorized to operate within the country.

  • Stuart Wagner

    "Professional coffee fan. Total beer nerd. Hardcore reader. Alcohol fanatic. Evil twitter buff. Friendly tv scholar."

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