ITCS Trade has been flagged by Finansinspektionen for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". ITCS Trade/ ITCS Capital Ltd has a website (www.itcs.trade) and is using the following contact information:
ITCS Trade/ ITCS Capital Ltd
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Telephone: -
E-mail: [email protected] This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.itcs.trade.
I lost a significant amount because ITCS Trade did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: No hidden fees|Regular updates|Detailed reporting
Cons: Onboarding videos are outdated|Help articles are sometimes vague
I experienced a security concern with my ITCS Trade account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: Professional team|Responsive team|Excellent charting|Regular updates
Cons: Limited social trading features|Would like more payment methods
After spending since I retired last year trying to make ITCS Trade work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Portfolio tracking tools|Fast deposits
Cons: Minimum deposit could be lower
Tried to withdraw my funds from ITCS Trade and was told I needed to pay a "withdrawal tax" of 20%. This is a red flag. No legitimate broker charges withdrawal taxes. When I refused, they became aggressive and eventually stopped all communication. My entire investment is gone.
Pros: Professional looking website
Cons: Blocked my account|No legitimate license|Fake returns
My withdrawal from ITCS Trade was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for nearly two years of being strung along.
Pros: Quick verification|Tax reports included
Cons: Wait times can be long during peak hours
Do not believe the bonus offer from ITCS Trade. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited after a family member had a good experience and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Dividend tracking|Multi-currency support|Fast execution
Cons: Wish they had more educational resources|Research section could be deeper
The platform itself is okay, but the customer service at ITCS Trade is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: Full transparency|Competitive fees
Cons: Account statements could be more detailed|Would like more payment methods
ITCS Trade offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Competitive fees|Detailed reporting|No hidden fees|Economic calendar
Cons: Limited social trading features
I looked into ITCS Trade and found they appear in the regulatory warnings database. Finansinspektionen has issued a notice about this firm. Whether this is a misunderstanding or a serious concern, the fact remains that proper due diligence is essential. Always verify the regulatory status of any company before investing your hard-earned money.
Pros: Information is publicly available for verification
Cons: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction
ITCS Trade locked my account without warning and demanded documents I had already submitted. since mid-2025 later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Dividend tracking|Stable platform|Fast deposits|Market news feed
Cons: None so far|No fractional shares