ITCS
We checked ITCS against the AskCheck register. It has been reported (2022) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
ITCS claims its trading services, signal provision and the execution of any other instruments are provided and carried out through FXE Prime Ltd, a company registered in St. Vincent and The Grenadines with registration number: 27234/2017 IBC. We do find a match result to FXE Prime Ltd in the St. Vincent and The Grenadines Financial Services Authority (SVG FSA), but SVG FSA does not regulate any forex services. More importantly, the registration number of FXE Prime Ltd in SVG FSA is 23195, which is not the one ITCS claims on the website. Since SVG FSA not offering any details of firms for traders to verify, it is highly possible that ITCS is falsely using the registration info of FXE Prime Ltd. This broker also claims it is incorporated in the Republic of Kazakhstan with Business Identification Number: 210240004131 and has been registered as Financial Services Provider on the 2 Feb 2021 with the Ministry of Economy. But please be informed, Kazakhstan does not have any authorities that issue license for forex trading or regulate forex activeties. That means ITCS is not regulated by any regulators. Investors' money in this broker is unsafe and cannot be protected by any law. Therefore, it is a scam.
Assessment source: FastBull BrokersView.
What to do next
- Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
- Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
- Report it to your regulator and to local police / action-fraud line so it’s on the official record.
- Add your report here so the next person searching this name is warned — report ITCS.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.