Brokers  /  ITM Markets

ITM Markets

High riskForex / CFD broker
🇨🇳 China · 5-10 years · since 2019-10-18 · W.L Derrick & Company Limited.
Unregulated
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Independent ratingshow third parties score this broker
WikiFX1.57/10
Trustpilot/5
Forex Peace Army/5
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No sign that ITM Markets actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
51
High risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration458%
Transparency (site/info/social)10010%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameW.L Derrick & Company Limited.
Headquarters🇨🇳 China
Founded2019-10-18
Years operating5-10 years
Employees0
Official websitetrader.itmcapitalmarkets.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

ITM Markets operates without any known regulatory licences and is based in China, a jurisdiction with limited oversight for forex brokers. The elevated scam risk score of 51/100, combined with a lack of independent public reviews or verifiable information, indicates a high-risk environment for potential clients. Traders are strongly advised to avoid depositing funds until the broker provides transparent licensing and operation details.

Best for
  • Traders willing to accept high risk
  • Experienced traders who can conduct their own due diligence
Not for
  • Risk-averse traders
  • Traders seeking regulated brokers
  • Traders requiring transparent information
Period:

Real user reviews

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About ITM Markets

Who is ITM Markets?

ITM Markets is a brokerage entity registered in China, founded on October 18, 2019. The company operates under the domain itm-fx.com, which suggests a focus on forex and CFD trading services. However, independent public information about its operations is scarce, and the broker does not appear to have a significant online presence or independent reviews.

According to FXCanary's records, the broker's registration in China adds a layer of complexity for international traders, as regulatory oversight in the region can be variable. The lack of verifiable user feedback or detailed company background makes it challenging to assess the broker's reliability and service quality.

Regulation and Licensing

ITM Markets does not hold any known regulatory licences from recognised financial authorities, according to FXCanary's records. This absence of regulation is a significant factor for traders to consider, as it means there is no external oversight of the broker's operations, client fund segregation, or dispute resolution mechanisms.

Without a regulatory licence, traders have limited recourse in case of disputes or financial losses. The elevated scam risk score of 51/100 further highlights the potential risks associated with this unregulated entity. Traders are strongly advised to verify any claimed licences through official regulatory websites before engaging with the broker.

Trading Environment

There is no publicly available information about the trading platforms, account types, or instruments offered by ITM Markets. Without access to the official website or user experiences, it is impossible to describe the trading conditions, spreads, leverage, or execution methods.

The lack of transparency regarding the trading environment is a critical concern. Prospective clients should be cautious when a broker does not readily disclose basic operational details. In the absence of such information, traders cannot make informed decisions about whether the broker meets their trading needs.

Suitability and Risk

Given the lack of regulatory oversight and limited transparency, ITM Markets is likely not suitable for cautious or risk-averse traders. The elevated scam risk score (51/100) underscores the need for thorough due diligence before any engagement. Experienced traders who are willing to accept high risk may consider the broker, but only after independently verifying its legitimacy.

For most traders, the absence of regulation and verifiable information makes ITM Markets a high-risk choice. FXCanary recommends avoiding deposits until the broker provides transparent licensing, clear trading terms, and demonstrable proof of operational integrity.

Overview compiled by FXCanary from regulatory records and public data. full ITM Markets review