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Head to head

AYA Markets vs ITBFX

AYA Markets has no licence we could confirm on a regulator's register. ITBFX has no licence we could confirm on a regulator's register. The licence that applies to you depends on where you live, so check which company you would contract with before comparing anything else.

Minimum deposits start at $10 at AYA Markets and $10 at ITBFX. Only AYA Markets offers negative balance protection. Both offer segregated client money.

Facts last checked: AYA Markets on 29 October 2026, ITBFX on 29 October 2026.

AYA Markets profileITBFX profile
Broker 1
Broker 2
Broker 3

Monthly cost uses the account chosen in each slot: cost per lot × your lots. Swap and other fees are extra. The lowest monthly cost is highlighted only as a fact about cost, not as a recommendation.

Broker
AYA MarketsRead the profile
ITBFXRead the profile
Comparing
AYA Markets
ITBFX

Overview

Founded
Not yet checked
2017
Headquarters
Fomboni, Mwali (Comoros)
Rodney Bay, Gros-Islet, Saint Lucia
Official websites
  • ayamarkets.com
  • my.ayamarkets.com
  • itbfx.com
  • itbfx.net
Facts last checked
29 October 2026
29 October 2026

Regulation and protection

Company you would contract with
No licence listed
No licence listed
Regulator
No licence listed
No licence listed
Regulation level
No licence listed
No licence listed
Licence number
No licence listed
No licence listed
Clients this company serves
No licence listed
No licence listed
All licences held
None listed
None listed
Segregated client money
Yes
Yes
Negative balance protection
Yes
No
Compensation scheme
None
None

Costs

Your monthly cost
No accounts listed
No accounts listed
Cost per lot (EUR/USD)
No accounts listed
No accounts listed
Spread from
No accounts listed
No accounts listed
Typical EUR/USD spread
No accounts listed
No accounts listed
Commission per lot (round turn)
No accounts listed
No accounts listed
Typical GBP/USD spread
Not yet checked
Not yet checked
Typical USD/JPY spread
Not yet checked
Not yet checked
Typical XAU/USD spread
Not yet checked
Not yet checked
Swap-free account
Not yet checked
Yes

Leverage and margin

Maximum retail leverage
Up to 1:1000 on MT5 (forex and gold, for equity under $1,000; lower as equity grows)
Up to 1:500 (ECN account)
Retail leverage by asset class
  • Forex and gold (MT5): 1:1000 under $1,000 equity, stepping down to 1:100 above $40,000
  • Silver: 1:100
  • Other metals: 1:20
  • S&P 500, Dow Jones 30, Nasdaq 100 and DAX 40: 1:200
  • Other indices: 1:50
  • Energies: 1:20
  • Major cryptocurrencies: 1:10
  • Other cryptocurrencies: 1:5
  • Shares and ETFs: 1:5
  • Forex and metals (Nano): 1:200
  • Forex, metals, indices and crypto (Standard): 1:400
  • Gold and silver (Gold): 1:400
  • Forex, metals, indices, crypto and shares (ECN): 1:500
  • Cryptocurrencies (Crypto): 1:10 to 1:50
  • Shares (Stock): 1:10
Margin call level
Not yet checked
Not yet checked
Stop-out level
80%
15% Gold; 20% Nano and Standard; 30% ECN; 40% Crypto and Stock

Account

Minimum deposit (this account)
No accounts listed
No accounts listed
Base currencies
No accounts listed
No accounts listed
Execution
No accounts listed
No accounts listed

Platforms and features

Platforms
  • MetaTrader 5
  • cTrader
  • MetaTrader 5
Markets
230+ CFDs on 45 forex pairs, 12 indices, 13 metals, 3 energies, 33 cryptocurrencies, 120 shares and 7 ETFs
CFDs on forex, gold and silver, indices, energies, shares and cryptocurrencies
Demo account
Yes
Yes
Copy trading
Not yet checked
Not yet checked
Expert advisors (automated trading)
Yes
Yes
News trading allowed
Not yet checked
Not yet checked
Guaranteed stops
Not yet checked
Not yet checked

Deposits and withdrawals

Deposit methods
  • USDT (TRC-20 and ERC-20)
  • Bitcoin
  • Litecoin
  • Ethereum
  • TopChange (TC Pay)
  • Visa and Mastercard
  • Apple Pay
  • Cryptocurrency
  • Local currency exchange services
Withdrawal fee
No fee from AYA Markets; the agreement allows a 3% charge if you withdraw without trading since your last deposit
None charged by ITBFX, says its FAQ; the agreement allows a 3% charge, or a refund of deposit fees, if you withdraw without trading
Inactivity fee
$5 a month after six months with no trading (accounts with a positive balance)
Up to US$5 a month per account after six months without trading

Support

Customer support
Email, support ticket and Telegram, Monday to Friday 06:00 to 16:00 GMT
24/7 by live chat, phone, WhatsApp, Telegram, email and ticket, in Persian, English, Arabic and other languages

Our notes

Strengths
  • The customer agreement says client funds are held in segregated accounts, separate from the company's own money
  • No deposit or withdrawal fees from AYA Markets, with deposits from $10
  • MetaTrader 5 and cTrader, on desktop, web and mobile
  • On MT5, maximum leverage falls in steps as your equity grows, from 1:1000 down to 1:100
  • Six account types on MetaTrader 5, with a demo version of each
  • The Nano account opens from $10 and trades in steps of 0.001 lots
  • Swap-free (Islamic) option on request
  • The client agreement says client money is held in segregated accounts
Watch out for
  • Says AYA Markets (Comoros) Ltd holds MISA licence T2023263; we could not confirm it on MISA's register on 2026-10-29 (the register blocked automated access with a bot check).
  • The account page lists negative balance protection, but we did not find it in the customer agreement, and the risk disclosure says you could lose more than your initial investment
  • Commission on the Pro and Raw accounts is charged per side ($4 and $8 per lot each way, so $8 and $16 per round lot), and a 3% withdrawal charge can apply if you withdraw without trading
  • The 25% welcome bonus is trading credit that cannot be withdrawn and disappears with any withdrawal; dormant accounts pay $5 a month after six months
  • Says it is regulated by the Mwali International Services Authority (MISA) but publishes no licence number; we could not confirm a licence on MISA's register on 2026-10-29 (the register sits behind a bot check).
  • The BVI Financial Services Commission's Public Statement 2 of 2020 says www.itbfx.com circulated a forged BVI investment business licence and has never been licensed in or from the BVI.
  • No negative balance protection: the account risk warnings say losses can exceed your deposit, and the agreement makes you pay any shortfall within two working days.
  • The website names International Trading Brachium Ltd (Saint Lucia), while the client agreement names ITB Limited (Seychelles); neither is a licensed firm on any register we checked.

Risk warnings

The buttons to a broker’s website above the table are partner links: we may earn a commission if you open an account through them. That never changes the facts shown here. Trading leveraged products such as forex and CFDs carries a high risk of losing money rapidly, and most retail accounts lose money. Each broker’s own warning:

  • AYA Markets: Trading financial instruments carries a high level of risk and may not be suitable for all investors. CFDs and Forex are complex instruments and come with a high risk of losing money rapidly due to leverage (trading on margin). Before deciding to trade any financial instrument or making any other decision with financial impact you should carefully consider your investment objectives, level of experience and risk appetite. Only invest with money you can afford to lose. If necessary you should seek independent advice.
  • ITBFX: Before trading, you should ensure that you’ve undergone sufficient preparation and fully understand the risks involved in margin trading.

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Other head-to-head pages

Cost per lot is the typical EUR/USD spread in busy hours × $10, plus any round-turn commission, for one standard lot. “Not yet checked” means we have not confirmed that fact yet. This page compares facts; it does not rank the brokers or recommend either. Confirm costs and licences on each broker’s site and the regulator’s public register before opening an account: see how we review brokers and check a broker yourself.

Nothing on this page is financial advice. Read the full disclaimer.

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