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Head to head

ITBFX vs Orbex

ITBFX has no licence we could confirm on a regulator's register. Orbex is licensed by FSC Mauritius in Mauritius (international clients), and also has an offshore registration. 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 ITBFX and $100 at Orbex. Only Orbex offers negative balance protection. Both offer segregated client money.

Facts last checked: ITBFX on 29 October 2026, Orbex on 20 October 2026.

ITBFX profileOrbex 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
ITBFXRead the profile
OrbexRegulatedRead the profile
Comparing
ITBFX
OrbexMauritius (international clients)

Overview

Founded
2017
2011
Headquarters
Rodney Bay, Gros-Islet, Saint Lucia
Ebène, Mauritius
Official websites
  • itbfx.com
  • itbfx.net
  • orbex.com
Facts last checked
29 October 2026
20 October 2026

Regulation and protection

Company you would contract with
No licence listed
Orbex Global Ltd
Regulator
No licence listed
FSC Mauritius
Mauritius (international clients)
Regulation level
No licence listed
Regulated
Licence number
No licence listed
C118023330 (SEC-2.1B Investment Dealer)
Check the register
Clients this company serves
No licence listed
International clients; Orbex's trading terms name Orbex Global Limited as the counterparty
All licences held
None listed
  • FSC Mauritius (Mauritius (international clients))
  • FSA Seychelles (Seychelles (international clients))
Segregated client money
Yes
Yes
Negative balance protection
No
Yes
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
Yes
Yes

Leverage and margin

Maximum retail leverage
Up to 1:500 (ECN account)
Up to 1:500 (1:30 by default when the account is opened)
Retail leverage by asset class
  • 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
  • All CFDs, up to 19.99 lots open: Up to 1:500
  • All CFDs, 20 to 39.99 lots open: 1:300
  • All CFDs, 40 lots or more open: 1:100
Margin call level
Not yet checked
100%
Stop-out level
15% Gold; 20% Nano and Standard; 30% ECN; 40% Crypto and Stock
20%

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
  • MetaTrader 4
  • MetaTrader 5
  • MT4 and MT5 web terminals
  • Orbex mobile app
  • FIX API
Markets
CFDs on forex, gold and silver, indices, energies, shares and cryptocurrencies
400+ CFDs on forex, stocks, metals, indices, energies and futures
Demo account
Yes
Yes
Copy trading
Not yet checked
Yes
Expert advisors (automated trading)
Yes
Yes
News trading allowed
Not yet checked
Yes
Guaranteed stops
Not yet checked
Not yet checked

Deposits and withdrawals

Deposit methods
  • Cryptocurrency
  • Local currency exchange services
  • Visa
  • Mastercard
  • Skrill
  • Neteller
  • Perfect Money
  • UnionPay
  • Bank wire
  • Local payment methods
Withdrawal fee
None charged by ITBFX, says its FAQ; the agreement allows a 3% charge, or a refund of deposit fees, if you withdraw without trading
0% from Orbex on cards and e-wallets listed on its funding page
Inactivity fee
Up to US$5 a month per account after six months without trading
Not yet checked

Support

Customer support
24/7 by live chat, phone, WhatsApp, Telegram, email and ticket, in Persian, English, Arabic and other languages
24/5 live chat, email and phone, plus call-back requests

Our notes

Strengths
  • 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
  • Orbex Global Ltd is on the FSC Mauritius register as an investment dealer (SEC-2.1B), licensed since 7 January 2019
  • Says client money is held separately from company money and offers negative balance protection on all accounts
  • Commission-free Starter account from $100, and raw-spread accounts with a published per-lot commission
  • MetaTrader 4 and 5, a FIX API and PAMM accounts
Watch out for
  • 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.
  • Its CySEC licence (124/10, ORBEX Ltd) is shown on the CySEC register as under examination for voluntary renunciation, so new clients are not covered by EU rules or the Cyprus compensation fund, even though the website still mentions the ICF
  • The website names several operating companies (Orbex Global Ltd in Mauritius, Orbex Limited in Seychelles, an Orbex Limited registered in Saint Lucia and Orbex LLC in St Vincent); check which one is named in your agreement
  • Leverage up to 1:500, far above the 1:30 cap that applies in the UK and EU
  • The spreads it publishes are minimums ("as low as"); typical spreads are not published

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:

  • ITBFX: Before trading, you should ensure that you’ve undergone sufficient preparation and fully understand the risks involved in margin trading.
  • Orbex: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite. There is a possibility that you may sustain a loss of some or all of your investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

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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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