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 had a dispute with ITCS Trade and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.
Pros: Multiple order types|Comprehensive tools
Cons: Search feature is basic|Wait times can be long during peak hours
I was about to invest with ITCS Trade but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Finansinspektionen has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Cons: Listed in warning databases|No transparency|Pressure to invest quickly
The only good thing about ITCS Trade is that they remind you why regulation matters. I found them after a trusted YouTuber reviewed them. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: No hidden fees|Risk management tools|Intuitive for beginners
Cons: Limited social trading features
I trusted ITCS Trade with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Tax reports included|Automated trading options|Detailed reporting|Regular updates
Cons: Inactivity fee applies after 12 months