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The WikiFX Score of this broker is reduced because of too many complaints!

ITGFX

Australia | 5-10 years |
Scam Brokers | Suspicious Regulatory License | Suspicious Scope of Business | Australia Appointed Representative(AR) Revoked | High potential risk

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Website

Rating Index

Contact

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Plaza Buliding 4 87-95 Pitt St, 2000 Sydney NSW Australia
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

Licensed Entity:ITX GLOBAL PTY LTD

License No. 001283310

Keywords 6
Scam Brokers
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
Australia Appointed Representative(AR) Revoked
High potential risk
This platform is a Ponzi Scheme. Please stay away!
2025-09-17
  • This broker has been verified to be illegal and all of its licences have expired, and it has been listed in WikiFX's Scam Brokers list. Please be aware of the risk!
6

Basic Information

Registered Region
Australia
Operating Period
5-10 years
Company Name
Investment Technology FX Group
Abbreviation
ITGFX
Company employee
--
Company Website
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Company address
Plaza Buliding 4 87-95 Pitt St, 2000 Sydney NSW Australia

A&行者

Unverified

Hong Kong

Recommended by relatives and friends, I made a deposit of 60,000 US dollars. As a result, I ran away in July 2022. So far, there is no news. I hope that the public security department can cooperate with the platform to find out the company ITG, bring it to justice, and get back the principal without asking , I hope that the bad guys can be brought to justice and stop harming others.

Exposure

2023-02-26

FX3508054503

Unverified

Hong Kong

ITGFX is absconded. They deceived a lot of money and the victims are now in trouble

Exposure

2022-10-27

96

Unverified

Hong Kong

500,000 RMB of my money was cheated by them, plus money from my family brought the money cheated by them to around 700,000 to 800,000RMB. The platform has closed down since 20th July. They made up all kinds of tricks trying to persuade us not to call the police. Now we don't know who we should turn to and how we going to survive this.

Exposure

2022-10-01

我叫路由器

Unverified

Hong Kong

Unable to withdraw, guiding operation, shirks from their responsibility

Exposure

2022-09-05

A&行者

Unverified

Hong Kong

Unable to withdraw, the platform is running away now, and the situation is unknown

Exposure

2022-09-05

FX2701654225

Unverified

Hong Kong

Please help me to get my 434800 RMB back! Thank you!

Exposure

2022-08-29

陈俊贤

Unverified

Hong Kong

Also ask the platform to help to withdraw. I just traded for a few months, and they won't allow withdrawal. The platform crashed overnight. Hope the platform can help

Exposure

2022-08-29

cy12345678

Unverified

Hong Kong

The photos below are proof, I have been unable to withdraw the money, and told us that we can withdraw cash on September 1st, and later told us that the position was liquidated, and also lied to others that it was a hacker attack. There is no evidence to prove that it was a hacker attack, and the company called the police. span

Exposure

2022-08-27

萌宝60285

Unverified

Hong Kong

In the early morning of 7.20, it was found that the data of all investors on the Itg platform became negative overnight. It was said a hack! After the accident, he made a big cake for the deceived investors to delay time, and even threatened to cut off the relationship with anyone who called the police! Before the accident, these "backbone" excellent brokers often lobby for brainwashing on WeChat and online conferences, offline studios and various asset allocation meetings, swearing that the company is reliable and the income is stable! After the accident, they shrank their heads and tortoises one by one, blocked and deleted everyone's WeChat, and made it clear that they were liars! The backbone of the liar can defraud 300,000 to 400,000 yuan a month, buy houses one by one, change luxury cars again and again, and shamelessly pretend to be victims to report to the police! How many people have been indebted by these liars, making life difficult to sustain! There are many victims across the country, including Zhuhai, Zhongshan, Shenzhen in Guangdong, Hunan, Hubei, Henan, Shanghai, Jiangxi, Jiangsu and other places. The amount of money defrauded is huge, totaling billions of RMB. [d83d][de21][d83d][de21][d83d][de21] And these rampant liars opened a new disk starting with V as early as around April this year and continued to deceive people! [d83d][de4f][d83d][de4f][d83d][de4f] would like to call the shots for our victims! At the same time, I also hope that everyone will actively follow up with the police, never give up, bring these liars to justice as soon as possible, and recover the hard-earned money of our victims!

Exposure

2022-08-26

萌宝60285

Unverified

Hong Kong

In the early morning of 7.20, it was found that the data of all investors on the Itg platform became negative overnight. Hacking for this lousy reason! After the accident, he made a big cake for the deceived investors to delay time, and even threatened to cut off the relationship with anyone who called the police! Before the accident, these "backbone" excellent brokers often lobby for brainwashing on WeChat and online conferences, offline studios and various asset allocation meetings, swearing that the company is reliable and the income is stable! After the accident, they shrank their heads and tortoises one by one, blocked and deleted everyone's WeChat, and made it clear that they were liars! The backbone of the liar can defraud 300,000 to 400,000 yuan a month, buy houses one by one, change luxury cars again and again, and shamelessly pretend to be victims to report to the police! How many people have been indebted by these liars, making life difficult to sustain! There are many victims across the country, including Zhuhai, Zhongshan, Shenzhen in Guangdong, Hunan, Hubei, Henan, Shanghai, Jiangxi, Jiangsu and other places. The amount of money defrauded is huge, totaling billions of RMB. [d83d][de21][d83d][de21][d83d][de21] And these rampant liars opened a new disk starting with V as early as around April this year and continued to deceive people!

Exposure

2022-08-26

123
Genealogy
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Genealogy

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Relevant Enterprises

ITX GLOBAL PTY LTD(Australia)
Deregistered
Australia
Registration No. 643798841
Established 2020-08-25
Related sources Website Announcement

Company Summary

Risk Warning: This broker has been verified to be illegal and all of its licenses have been expired. Besides, this broker has been listed in the WikiFXs scam broker list. Please be aware of the risk.

basic-info

General Information

Registered in Australia, ITGFX presents itself as an online forex broker providing forex trading-related services. As this forex brokers official website cannot be opened for now, we could not obtain more essential details about this trading instruments, leverage, spreads, commission, minimum deposit and more.

ITGFX has been verified to be illegal and is a Ponzi Scheme, in the form of rolling or static fund circulation, it uses the money of next member to pay to the present one, which is essentially a pyramid scheme with the distinction of hidden, deceptive and socially harmful.

Market Instruments

As ITGFX presents itself as a forex broker, we assume that this broker at least providing trading on forex pairs. The availability of other trading instruments are not disclosed.

Leverage

Trading leverage cannot be found anywhere. Since leverage can magnify gains as well as losses, it can also cause serious fund losses, especially to inexperienced traders. Therefore, it is wise for beginners to choose the smaller size no more than 1:10 until they gain more trading experience.

Trading Platform

ITGFX provides access to the industry-leading MT5 trading platform allows one-click operations for opening and closing trades, setting stops and entry limits, placing direct orders, setting and editing limit and stop loss, as well as a robust charting package.

Customer Support

Worryingly, ITGFX left its clients no contact information for clients to get in touch with them, which can be served as further evidence that this broker is an unreliable one to trade with.

Negative Reviews

Quite a few traders shared their awful trading experience, saying this platform is a fraud one purely targeting for defrauding innocent investors. Come to the WikiFX to see the whole story and be aware of the potential risk.

Risk Warning

Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.

The information presented in this article is intended solely for reference purposes.

Keywords

  • Scam Brokers
  • 5-10 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • Australia Appointed Representative(AR) Revoked
  • High potential risk

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