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Head to head

ITBFX vs Trendo

ITBFX has no licence we could confirm on a regulator's register. Trendo is licensed by FSC Mauritius in Mauritius (international clients). 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 $10 at Trendo. Neither offers negative balance protection. Only ITBFX offers segregated client money.

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

ITBFX profileTrendo 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
TrendoRegulatedRead the profile
Comparing
ITBFX
TrendoMauritius (international clients)

Overview

Founded
2017
Not yet checked
Headquarters
Rodney Bay, Gros-Islet, Saint Lucia
Port Louis, Mauritius
Official websites
  • itbfx.com
  • itbfx.net
  • trendo.com
Facts last checked
29 October 2026
20 October 2026

Regulation and protection

Company you would contract with
No licence listed
Trending Markets (International) Ltd
Regulator
No licence listed
FSC Mauritius
Mauritius (international clients)
Regulation level
No licence listed
Regulated
Licence number
No licence listed
GB25205094 (SEC-2.1B Investment Dealer)
Check the register
Clients this company serves
No licence listed
International clients, depending on country of residence; the website does not say which countries go to this company and which to Trendo LLC (Armenia)
All licences held
None listed
  • FSC Mauritius (Mauritius (international clients))
Segregated client money
Yes
No
Negative balance protection
No
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
Yes
Yes

Leverage and margin

Maximum retail leverage
Up to 1:500 (ECN account)
Up to 1:2000 (1:500 on PAMM accounts and on balances below $50)
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
  • Real and demo accounts: 1:25 to 1:2000
  • Balances below $50: Up to 1:500
  • PAMM accounts: Up to 1:500
  • Around major news and market open or close: Cut to 1:500 or 1:200
Margin call level
Not yet checked
100%
Stop-out level
15% Gold; 20% Nano and Standard; 30% ECN; 40% Crypto and Stock
70%

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
  • Trendo app (iOS and Android)
  • Trendo desktop (Windows and Mac)
  • Trendo web trader
Markets
CFDs on forex, gold and silver, indices, energies, shares and cryptocurrencies
Forex, gold and metals, cryptocurrencies, stocks and other CFDs
Demo account
Yes
Yes
Copy trading
Not yet checked
Yes
Expert advisors (automated trading)
Yes
Not yet checked
News trading allowed
Not yet checked
Not yet checked
Guaranteed stops
Not yet checked
Not yet checked

Deposits and withdrawals

Deposit methods
  • Cryptocurrency
  • Local currency exchange services
  • Visa
  • Mastercard
  • Tether (TRC20 and BEP20)
  • USDC
  • Bitcoin
  • Ethereum
  • Tron
  • BNB
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
No Trendo fee on any method; blockchain network fees may apply
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
24/7 support and live chat

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
  • Trending Markets (International) Ltd is on the FSC Mauritius register as an investment dealer (SEC-2.1B), licensed since 28 October 2025
  • One simple account from $10, with a published $3 commission per lot
  • No Trendo fees on deposits or withdrawals, with a $10 minimum per transaction
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.
  • Some clients are served by Trendo LLC in Armenia (registration 271.110.1214359); Trendo shows a company registration and charter update for it, and does not cite a financial licence
  • Leverage up to 1:2000 and deposit bonuses that come with trading conditions
  • We found no document setting out where client money is held or whether you have negative balance protection
  • Proprietary platform only; no MetaTrader

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.
  • Trendo: Forex and CFD trading are complex instruments and come with a high risk of rapid capital loss due to leverage. A significant percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how these instruments work and whether you can afford to take the high risk associated with CFD trading. Trade responsibly: always consider your investment objectives, experience level, and risk appetite. If needed, seek advice from an independent financial advisor.

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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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