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ITB

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Operating status: SCAM

Website: https://itbfx.com/

Broker violations and abnormal records
  • Jun 15, 2023 BrokersView has Reviewed that ITB is an Unregulated Broker

    ITB only claims to be registered by FSA of Saint Vincent and the Grenadines. But FSA of Saint Vincent and the Grenadines doesn't regulate forex or issue forex licenses, so having registration does not mean being authorized to provide financial services. The truth is that ITB is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

     

    ITB only claims to be registered by FSA of Saint Vincent and the Grenadines. But FSA of Saint Vincent and the Grenadines doesn't regulate forex or issue forex licenses, so having registration does not mean being authorized to provide financial services. The truth is that ITB is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

3 comments

XNMOZPW6GR
I usually trade in the late NY session. Execution has been solid for me in that window—no odd behavior so far.
Jan 26, 2026
Reply
Neda Shari
I opened my account around summer. First weeks I only tested small amounts. Didn’t run into problems, so I slowly increased volume.
Jan 18, 2026
1
Reply
Setayesh Z
I’ve been using ITBFX for a while and overall it’s been an average to slightly positive experience. Execution has been stable for me, especially on gold, and spreads are generally reasonable compared to what I’ve seen elsewhere.That said, I think some of the public information about the broker on different websites isn’t always fully updated, so it’s better to rely on actual trading experience rather than just descriptions. No major issues so far, but I’d still recommend starting with small risk like with any broker.
Jan 07, 2026
1
Reply
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FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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