The following is an official response from InvestTechFX -
InvestTehcFX has worldwide affiliates including Introducing Brokers (IB) and White Label (WL) that use our MT4 software trading platform for their customers. Those affiliates have their own independent business practices and websites which their customers are advised to adhere to. These IB’s have their own independent business practices, websites, company names as well as their own policies and disclaimers. Our affiliate’s customers are advised to follow all policies between all parties. To protect the practices and maintain ethics between affiliates and the clients, InvestTechFX recommends our affiliates use the InvestTechFX’s legal disclaimers or those similar in order to prevent any future misunderstandings between all parties and representatives.

InvestTechFX is not a true “Straight Thru Processor” (STP) broker.

Please notice the following excerpts from emails from InvestTechFX while trying to gain access to my earnings that they refuse to allow me to withdrawal:

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InvestTechFX is a No-Dealing Desk (NDD) and a Straight-Through Processor (STP) Forex Trading software company. Due to the fact that we are a NDD we do not actively monitor customers’ accounts regularly. In every case involving withdrawals, it is mandatory that all accounts be reviewed by all parties, including our liquidity provider.

Attached to this email you will find sever journal logs from your account activities which were provided by the clearing department liquidity provider. We are sending these images as illustrations for your specific case.

The images we sent you are from the Liquidity Provider which handles all the coverage.

Your account was thoroughly reviewed and we determined that you conducted HFT activities by using unauthorized EAs, which interrupted the signal to the Liquidity Provider. As a result of these activities, we suffered some losses.
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The first extract is interesting in that they tell us that they are a STP software company, but not a broker. It also says that the your withdrawal will be reviewed by their “liquidity provider”. This means that your account details and trading activity is intimately known by the liquidity provider.

The second and third email extracts referred to a screen shot of server transactions that, according to the email extract, is from the liquidity provider and not InvestTechFX. The screen shot was a MT4 Trader Administration screen that had my InvestTechFX account number, IP address, and trade information. Again, this information came from the liquidity provider and not InvestTechFX. In fact they say the liquidity provider is handling the transactions and they themselves do not have access to the server.

The fourth email extract states that the liquity provider “suffered some losses” as a result of the trading. S

1) There is no separation of account information between InvestTechFX and their liquidity provider.
2) The liquidity provider is actually in control of when/if trades are “unauthorized” and you can get any withdrawals.
3) The sustained losses as a result of customers making money.

Sounds like the “liquidity provider” is a money maker and InvestTechFX is nothing more than a front.

InvestTechFX is definitely a SCAM!!!

If you withdraw the small balance of your initial deposit, they will immediately pay. And if you withdraw the large balance of deposit more than 1000USD, they will firstly send an email to ask you "Why do you want to withdraw this
time?", then might eventually pay you the money. However, once you withdraw the profit, you'll definitely meet the following two cases:
1.They inform you are using 2 IPs to login and they have to review your account.
2.They inform you are a VIP account. According the rules of VIP agreement, you must trade for one year and in this
year, you can not withdraw any money.
They use this method to cheat. They actually didn't put your money into the bank for real transaction. They are a liar of Market Maker!

They now even forbid the public postings. Why? There is no reason that the client's right is unconditonally deprived by them. The only reason is that they want to hide the truth. But they nerver can!!!

The truth is: None of my three friends and I can withdraw money from them. We are forced to be traded for one year and at that time we even didn't take all of our capital back. But one friend has only 4000USD in his account, which didn't reach the 20000USD amount of VIP account. Another friend has 21000USD on his account, but he didn't receive any bonus for VIP account and his account was immediately blocked when he requested to withdraw. All these happened when we requested to withdraw. If you never withdraw, you will be "safe" to trade forever until lose all of your money.

You never can withdraw any profit from ITFX!!! Anybody here who can make the money and have withdrawn the profit, please stand out and let us see the evidence.

I strongly suspect ITFX will exit half an year later!!! They will take all of our money and run away.

DON'T BELEIVE ANY EMAILS OF THEIR CUSTOMER SUPPORT AND CALLS FROM THE MANAGER! THEY ARE LOOKING FOR ALL KINDS OF EXCUSE NOT TO LET YOU WITHDRAW!

I have traded with InvestTechFX for 7 months without any problem.
The smallest spread in the world, Excellent service, Quickly reply from Email, Fast deposit(5-8hours normally).
The most important is withdrawal workable.

For anyone who wants to join this broker or have account with them already, I have made some useful notes for you:

1. If you want use EA or Scalping , you need change your account group to Scalping/EA account first so that you can trade safely and withdraw safely, In this account group you need pay $10 per 1lot for fee, just like 1pip , it's not very bad because ITFX provide smallest spread.

2. When you are trading, there'll be a 5-10 seconds delay for each open trade and requote sometimes. Many people complains this and think ITFX cheat you. But on my opinion, this is tolerable and normally. I had traded with many brokers, for my experience, the fastest speed for open trade successfully(<3second delay) is MM-broker, the faster speed(<6second delay) is ECN-broker and the fast(<10second delay) is NDDSTP-broker like ITFX. You'll loss your money on MM-broker and pay many fees on ECN-broker.

3. About withdrawal. You can't withdraw your deposit bonus because it's only a insurance when you got big loss on trading. If you want to make withdrawal you need send request by email and maybe would got a reply to ask you "why you want to withdraw at this time?", you just need to reply it and your request'll be processed soon. But if you use EA or Scalping without changed your account to EA/Scalping group, you'll got problem on withdrawal and your fund'll be deducted fees first so you can withdraw the last money.

4.If the connection of their Mt4 platform be cut off suddenly, you just need to tell them (Custom Service on website) quickly, and it'll be fixed asap.

These are my experience and opinion, hope it can help you!
Wish you have a successfully trading on InvestTechFX!

If you are facing problems with INVESTTECHFX go to Business Bureau of Canada and complain:

http://www.bbb.org/kitchener/business-reviews/investment-advisory-servic...

Hi all traders out there,

I would like to refute what InvesttectFX claims in their reply. They claimed that I was a former associate that is out to smear their name.

I would like to state that I AM NOT a former employee or associate of theirs, but was a former client of theirs. InvesttechFX claims alot of things which are all untrue. They are out to cheat people who are unaware or never do enough checks on their claims.

To substantiate my claims of what I said in my earlier post and to prove InvesttechFX is a cheater, pls click on the folllowing link to the web-site of Canadian Deposit Insurance Corporation (CDIC).

http://www.cdic.ca/e/insuredWhere/insuredWhere.html
http://www.cdic.ca/e/insuredWhere/members.html

You will see for yourself that CDIC only insures funds held by CDIC members and only in Canadian Dollars. InvesttechFX is NOT a member! Thus all your funds are not insured!

InvesttechFX works closely with a certain Globex Interbank (kinda dodgy internet bank based out of UK). Your fund are first asked to be remitted into TD Canada Trust but is subsequently moved out to this so-called Globex Interbank without your knowledge! This is criminal as InvesttechFX moved clients fund out without their knowledge.

There are alot more claims by them which are all not true or tied with conditions in which they did not say it upfront.

Again, I cannot say more about this dishonest broker which are just lurking about waiting to pry on traders which are unaware of their modus operandi.

Lastly, I would just like to add that the Canadian Banking Authorities is a big joke for claiming to be first world, but allowing a company like InvesttechFX to be operating in their backyard.

InvestTechFX would like to take this opportunity to provide our loyal customers with an update. Upon investigation we have determined that the recent posting regarding InvestTechFX was placed by a former associate and done so with the sole intent of embarrassing and discrediting our firm. The allegations contained in the posting are completely false, misleading and were placed with the hopes of scaring current and deterring future customers. We are continuing with this issue with the relevant authorities, as it is a serious matter and will be handled with the sensitivity and professionalism we always employ under these circumstances. However, we wanted to take this opportunity to update and reassure our several thousand worldwide loyal customers and potential new clients that InvestTechFX continues with its commitment to the highest level of customer care, support and service. We highlight that we are a Non-Dealing-Desk (NDD) and Straight through Processor (STP) working with the full cooperation of the Clearing Department to ensure that all funds are routed to cover the customer’s trading and account transactions. InvestTechFX continue to be the only company providing 1 pip fixed on all majors. Sincerely, InvestTechFX