Score

1.46 /10
Danger

ITG

Cyprus

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index6.60

Risk Management Index0.00

Software Index4.00

License Index0.00

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Broker Information

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Company Name

International Trust Group

Company Abbreviation

ITG

Platform registered country and region

Cyprus

Company website

Company summary

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Warning: Low score, please stay away!
Previous Detection : 2024-11-19
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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ITG · Company summary

Feature Details
Company Name International Trust Group (ITG)
Registered Country/Area Toronto, Canada
Founded Year 1992
Regulation Unregulated
Minimum Deposit $100
Maximum Leverage 1:500
Spreads From 0 pips
Trading Platforms ITG POSIT (web-based), ITG Trader (desktop)
Tradable Assets Institutional agency trading, electronic trading, algorithmic trading, equities, fixed-income products
Account Types Mini, Standard, ECN, and VIP.
Demo Account Offered
Customer Support 24/5 via live chat, phone, email, and social media
Deposit & Withdrawal Via wire transfer, credit/debit card, or PayPal (withdrawals via wire transfer or check)
Educational Resources Trading guides, videos, webinars, knowledge base

Overview of International Trust Group (ITG)

International Trust Group (ITG) is a Toronto-based independent IIROC dealer-member established in 1992. They offer a range of services, including low-touch and high-touch institutional agency trading, ultra-low latency electronic trading through their flagship product Serenity©, and bespoke algorithmic trading solutions.

Additionally, ITG's investment banking division provides technical due diligence, financial modeling, and transaction structuring for mergers & acquisitions. For retail traders, ITG offers the Independent Direct platform, a user-friendly app-based solution providing real-time market data and high-speed execution in equities and fixed-income products.

Overview of International Trust Group (ITG)

Regulatory Information

A significant point of concern for potential investors is the broker's unregulated status. It lacks oversight from major financial regulatory bodies. This absence of regulation can pose substantial risks to traders, as unregulated brokers often lack the stringent compliance and transparency standards set by established regulatory authorities.

Investors dealing with unregulated entities may face challenges in seeking recourse in case of disputes or malpractices. Thus, it's imperative for traders to exercise caution and conduct comprehensive due diligence before engaging with such brokers.

Pros and Cons

Pros Cons
Diverse Trading Options Limited Trading Product Diversity
Advanced Electronic Trading with Serenity© Geographical Limitations
Bespoke Algorithmic Solutions Potential Learning Curve for Bespoke Solutions
Comprehensive Investment Banking Services Lack of Mentioned Leverage Options
User-Friendly Retail Platform (Independent Direct) No Mention of Spread

Pros:

  1. Diverse Trading Options: ITG offers both low-touch and high-touch institutional agency trading, catering to different client needs.

  2. Advanced Electronic Trading: Their flagship product, Serenity©, provides ultra-low latency electronic trading, ensuring quick order transmission and execution.

  3. Bespoke Algorithmic Solutions: ITG offers custom-built algorithmic trading strategies tailored to individual client requirements.

  4. Comprehensive Investment Banking Services: Their investment banking division provides a wide range of services, including technical due diligence and transaction structuring.

  5. User-Friendly Retail Platform: The Independent Direct platform is app-based, offering real-time market data and high-speed execution for retail traders.

Cons:

  1. Limited Trading Product Diversity: While ITG offers equities and fixed-income products, they might not have a wide range of other financial instruments like commodities, indices, or cryptocurrencies.

  2. Geographical Limitations: Being based in Toronto, ITG might primarily focus on Canadian and US markets, potentially limiting global market access.

  3. Potential Learning Curve: The bespoke algorithmic solutions might require clients to have a certain level of expertise to fully utilize them.

  4. Lack of Mentioned Leverage Options: There's no explicit mention of high leverage options, which some traders might seek.

  5. No Mention of Spread: The spread details, which are crucial for many traders, are not explicitly mentioned.

Market Instruments

International Trust Group (ITG) offers a variety of trading products and services to cater to different client needs. Here's a detailed list of the trading products they offer:

  1. Institutional Agency Trading:

    1. Low Touch/DEA Trading: Designed for clients with sophisticated strategies who can trade without direct intervention. These strategies are typically high-volume, high-turnover, and proprietary to each client.

    2. High Touch Outsourced Trading Desk: Available for institutional clients who wish to access dark, opaque, or Over The Counter (OTC) markets in equities and fixed-income products.

  2. SERENITY - ULTRA-Low latency Electronic Trading (DEA):

    1. Serenity©: ITG's flagship DEA product designed to help clients capture alpha. It's co-located in multiple marketplace data centers and uses best-in-class hardware.

  3. Algorithmic Trading:

    1. Serenity© Buy-Side Algo Suite: A set of trading tools designed to aid clients seeking liquidity in the Canadian and US markets.

    2. Serenity© Bespoke Algos: Custom-built algorithms unique to each client, translating client requests into algorithmic trading strategies.

  4. Investment Banking:

    1. Provides solutions to help public and private companies, financial institutions, and advisory firms raise capital, identify conflicts of interest, and offer independent advice. They also provide technical due diligence, financial modeling, transaction structuring, and advice for mergers & acquisitions.

  5. Independent Direct:

    1. A retail broker-dealer platform that offers real-time market data through an app-based platform. It provides users with high-speed quotes and execution in equities and fixed-income products.

Account Types

International Trust Group (ITG) offers four different account types: Mini, Standard, ECN, and VIP. Each account type has its own spread, leverage, and product offerings.

ITG Account Types

Account Type Spread Leverage Products
Mini 1.8 pips 1:100 Forex, CFDs on stocks, indices, and commodities
Standard 1.5 pips 1:200 Forex, CFDs on stocks, indices, and commodities
ECN Raw ECN spread (starting from 0 pips) 1:500 Forex, CFDs on stocks, indices, and commodities
VIP Raw ECN spread (starting from 0 pips) 1:500 Forex, CFDs on stocks, indices, and commodities

ITG also offers a demo account for traders to practice trading without risking any real money. ITG offers a variety of educational resources and support services to its clients.

Overall, ITG offers a variety of account types to meet the needs of different types of traders. Traders can choose an account type based on their trading experience, risk tolerance, and budget.

How to Open an Account?

To open an account with International Trust Group (ITG) without specified account types:

  1. Reach Out: Contact ITG directly via their website, email, or phone.

  2. Consultation: Discuss your trading goals and requirements with ITG representatives.

  3. Provide Documentation: Submit necessary identification and financial documents for verification.

  4. Review Proposal: ITG will offer a tailored proposal based on your needs.

  5. Setup: Once agreed, they'll guide you through the account setup and funding process.

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Leverage

ITG offers a maximum leverage of 1:500 on all trading products, including forex, CFDs on stocks, indices, and commodities. However, the specific leverage levels available for each trading product may vary depending on the asset class and the market conditions.

Spreads and Commissions

International Trust Group (ITG) offers competitive spreads and commissions on its trading products, with no commissions charged on CFDs on stocks, indices, and commodities for standard accounts.

Trading Product Category Average Spread Commission Rate (Standard Account)
Forex 1.5 pips $5 per lot
CFDs on stocks 0.10% None
CFDs on indices 0.20% None
CFDs on commodities 0.25% None

Trading Platform

International Trust Group (ITG) offers two trading platforms: ITG POSIT and ITG Trader. Both platforms provide real-time market data, streaming charts, advanced order types, and trading tools, comprehensive risk management tools, and a customizable user interface. ITG POSIT is a web-based platform, while ITG Trader is a desktop platform. ITG Trader offers additional features such as a level II order book, technical analysis tools, and news and research feeds.

  1. ITG POSIT: ITG POSIT is a web-based trading platform that offers a variety of features and functionalities, including:

    1. Real-time market data and streaming charts

    2. Advanced order types and trading tools

    3. Comprehensive risk management tools

    4. Customizable user interface

    5. Access to global markets

  2. ITG Trader: ITG Trader is a desktop trading platform that offers a number of additional features and functionalities, including:

    1. Level II order book

    2. Technical analysis tools

    3. News and research feeds

    4. Customizable hotkeys and keyboard shortcuts

Overall, ITG's trading platforms offer a wide range of features and functionalities that are designed to meet the needs of both novice and experienced traders. The platforms are also highly customizable, allowing traders to tailor them to their individual trading styles and preferences.

Deposit and Withdrawal

International Trust Group (ITG) offers a variety of deposit and withdrawal options to its clients. Deposits can be made via wire transfer, credit/debit card, or PayPal. Withdrawals can be made via wire transfer or check.

Method Minimum Deposit Fee Time Required
Wire Transfer $10,000 $25 24 hours
Credit/Debit Card $1,000 2.90% 1 hour
PayPal $100 2.90% 1 hour
Wire Transfer (Withdrawal) $100 $25 24 hours
Check (Withdrawal) $100 $10 2-3 business days
Deposit and Withdrawal

Customer Support

International Trust Group (ITG) offers 24/5 customer support via live chat, phone, email, and social media. ITG also offers a knowledge base, FAQs, tutorials, and webinars to help its clients.

Educational Resources

ITG offers a variety of educational resources to its clients. This ensures that clients can always get the education they need to become successful traders.

  • Trading Guides: ITG offers a variety of trading guides on its website, covering topics such as forex trading, CFD trading, and technical analysis.

  • Videos: ITG offers a variety of educational videos on its website, covering topics such as how to use the ITG platform and how to trade different asset classes.

  • Webinars: ITG offers regular webinars on a variety of trading topics. To register for a webinar, simply visit the ITG website and click on the “Webinars” link in the header.

  • Knowledge Base: ITG offers a knowledge base with a variety of articles and resources on trading and using the ITG platform. To access the ITG knowledge base, simply click on the “Knowledge Base” link in the footer of the ITG website.

Conclusion

Established in 1992 in Toronto, International Trust Group (ITG) is a notable IIROC dealer-member. They provide a variety of services, from institutional trading to electronic trading via their Serenity© platform. Additionally, ITG offers investment banking expertise, especially in mergers & acquisitions, and a user-friendly trading app, Independent Direct, for individual traders.

FAQs

Q: Does ITG offer any bonuses or promotions?

A: Yes, including a welcome bonus of up to $1,000 and a referral bonus of $100.

Q: What are the unique features of the ITG platform?

A: The ITG platform offers unique features such as a customizable interface, technical analysis tools, and a social trading feature.

Q: What is the Serenity© platform offered by ITG?

A: Serenity© is ITG's flagship product for ultra-low latency electronic trading.

Q: Does ITG offer services related to mergers & acquisitions?

A: Yes, ITG's investment banking division provides technical due diligence, financial modeling, and transaction structuring for mergers & acquisitions.

Q: What platform does ITG offer for retail traders?

A: For retail traders, ITG offers the Independent Direct platform, an app-based solution for real-time market data and high-speed execution.

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朱思香
more than one year
This guy called me and explained about their trading so I made fast research about the company and nothing good but a scam. I wouldn't trust my money with this kind of broker.
This guy called me and explained about their trading so I made fast research about the company and nothing good but a scam. I wouldn't trust my money with this kind of broker.
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2023-02-24 16:38
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寿星
more than one year
A 100% scam! I started to trade gold after opened my personal account, then they maliciously manipulated my trading account, and closed my trades. Two months passed, I still cannot withdraw my money.
A 100% scam! I started to trade gold after opened my personal account, then they maliciously manipulated my trading account, and closed my trades. Two months passed, I still cannot withdraw my money.
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2022-12-02 18:40
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