ITB Review: Top Reasons Why Traders Say NO to This Trading Platform

Finding it hard to withdraw profits from the ITB forex trading platform? Complying with the ITB no deposit bonus norms, but finding a NIL forex trading account balance upon withdrawal? Contacting the brokers support officials, but not receiving any help from them? You are not alone! There are many such complaints against the Saint Lucia-based forex broker. In this ITB Broker review article, we have highlighted some of these complaints. Take a look!

Top Forex Trading Complaints Against ITB

No Problem with Deposits, But Withdrawals Never Happen, Traders Allege

Many traders have lodged complaints against ITB online, stating that they did not find any issue when depositing funds. However, as they try to initiate the ITB Broker withdrawal request, the broker denies it and remains non-committal. Here are multiple withdrawal-related complaints.

NIL Account Balance with ITB No Deposit Bonus

Traders have also complained about the seemingly suspicious no deposit bonus scheme offered by ITB Broker. As per traders, despite meeting the bonus norms, the profit turns to ZERO upon withdrawal on the ITB login. Here are multiple ITB Broker reviews on this complaint.

Traders Do Not Receive the Right Answer When They Inquire About Withdrawal Denials

Withdrawal denials seem to be the never-ending issue for ITBs traders. What further annoys them is the lack of a positive or the right answer to the queries raised by traders. In one case, a trader was denied fund withdrawals on the grounds of breaching the rules. As the trader asked about the rules he violated, the broker official did not give him the straight answer. Instead, the official told the trader to download the file and read the rules written in it. A similar complaint was made by another trader. Here are multiple complaint screenshots.

WikiFX Shares the ITB Broker Review: Score & Regulatory Status Update

These complaints reflect the lack of transparency and empathy from ITB, resulting in massive investment risks for traders. The WikiFX team thus conducted a detailed inquiry into the brokers operational status, including its regulatory update. Upon investigation, it is found that ITB does not carry a license from the regulatory authority for forex business. This resulted in the team giving it a score of just 1.56 out of 10.

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