ITG Innovate
Official information about the ITG Innovate broker
The financial intermediary “ITG Innovate” claims to be registered in Switzerland. According to its statements, the broker’s head office is located at Lindenstrasse 28, CH-8008 Zurich. It is worth noting that due to the lack of registration documents, it is not possible to confirm the authenticity of this address, and the lack of licenses at the intermediary makes it impossible to establish the legitimacy of its operations.
Contacts and education
The official website itg-innovate.com is available in English and Russian versions. The main page in the second variant is on this screenshot.
Internal documents available at the bottom of the official website: “Client Agreement,” “Privacy Policy,” “GDPR Policy,” etc. All potential broker clients should study the internal documentation and real reviews about “ITG Innovate.”
You can contact company representatives using one of two email addresses or through a single phone number. Links to social networks and other contacts are absent. Technical support operates 24/7.
On the other hand, the financial intermediary ITG Innovate focuses on providing clients with education and support. Traders are promised free video tutorials on trading various assets, copy trading services (copying trades of professional traders), free analytical materials, sessions with company experts, and much more. According to the broker, the educational and analytical materials provided by them are suitable for both beginners and advanced participants in the financial market.
Trading conditions of ITG Innovate
According to the broker, its clients have access to markets of agricultural products, precious metals, stock indices, currency pairs, and energy products. Trading with cryptocurrencies is also allowed. However, the total number of available trading assets is not disclosed.
A detailed description of the trading platform is absent. The main version of the terminal is the web version, which operates in the browser without downloading and installing third-party software. To register/login in the trading terminal, it is suggested to use the link itgpro.org. In addition to the web terminal, desktop versions for Windows and MacOS, as well as mobile applications for IOS and Android devices, are available. Traders are promised fast and reliable access to market data and order routing.
The broker “ITG Innovate” does not offer different account types, all clients are offered the same trading conditions:
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minimum deposit amount – $100,
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no inactivity fee,
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no monthly trading requirements,
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Margin Call 25%.
Spreads, leverage, and some other conditions are kept secret, which is particularly strange given that clients do not have the opportunity to open a demo account.
Account funding and withdrawal from “ITG Innovate”
Visa and MasterCard logos are listed at the bottom of the official website itg-innovate.com. Therefore, the broker allows the use of credit and debit bank cards, but there is no information about supporting transactions in cryptocurrency or using electronic payment systems. Similarly, there is no information about fees for deposit/withdrawal of funds, as well as limits and timeframes for crediting funds.
Conclusion
The Swiss origin of the broker is not confirmed, and the lack of licenses raises doubts about the legality of its operations. Among other drawbacks of the company, one can mention the poor informativeness of the official website, the absence of a demo account, etc. The only advantages include the presence of different versions of the trading terminal and a low minimum deposit. To learn more about the real operation of this intermediary, it is advisable to study reviews about ITG Innovate.