ForexTB – Forex Broker Rating and Review 2021

ForexTBForexTB website
Status
Regulation CySEC
Trading software MetaTrader 4, WebTrader
Headquartered Kleanthis Tower, Lemesou Avenue 71, 2nd Floor, 2121, Aglantzia, Nicosia, Cyprus

ForexTB was introduced to the financial services industry in 2015. It continues to go from strength-to-strength and maintain itself as a fast-growing CFD Broker, thanks to all the cutting-edge tools they provide. It is clearly evident that one can find everything a trader needs for a fully-rounded trading experience.

There are several aspects of ForexTB which contribute to their successful trading environment. Firstly, their proprietary WebTrader is not only user-friendly, but also extremely responsive on any device, making it easy to transition your trading activity from a desktop to a portable device.

In addition, you can access over 300 tradable assets across currency pairs (FX), stocks, indices, commodities, ETFs and cryptocurrencies and view the ratio of each instrument's buy/sell popularity (clients’ choice) within the online trading platform.

Other specifics include spreads as low as 1.1 pips (subject to account type), minimum deposit of $250, leverage of up to 1:400 for professional traders and 1:30 for retail ones, along with 100% margin calls.

ForexTB offers a solid foundation for online investors and executes an overall smooth trading experience for both novice and professional traders.

*The Company does not offer and/or promote and/or distribute CFDs on Virtual Currencies (Cryptocurrencies) for the residents of the United Kingdom. 

ForexTB trading information

WWW https://www.forextb.com/
Address Kleanthis Tower, Lemesou Avenue 71, 2nd Floor, 2121, Aglantzia, Nicosia, Cyprus
Headquarters Nicosia, Cyprus
Free phone +357 2 222 2353
24 hour support
Mobile trading
Demo account
24 hour trading
Hedging
Digits after the dot in quotes 5
Minimum position size 0.01
Pip spread on majors
Spread Type
Maximum Leverage 400
ECN, $
STP, $
Standard account, $ 250
Mini account, $
Popular payment methods Bank wire transfer, Major credit cards (VISA, Mastercard) Skrill, Neteller, Sofort, IDEAL,Trustly, MyBank, Giropay, EPS, Przelewy24
Account currencies CHF, EUR, GBP, USD
Available assets CFDs
Languages English, Italian, German, Spanish
Platforms MetaTrader 4, WebTrader
Broker type STP
Regulation CySEC
Foundation 2015

Do you think ForexTB broker will suit a newbie?

Joachim Krause   4 March, 2021  

Why do people love to talk about themselves that much? The same with ForexTB reviews. Instead of telling more about the company, customers tend to speak of their trading success or failures. As long as I've been trading with this broker long enough, I can fortunataly provide a detailed review on ForexTB including both pros and cons that I've noticed so far. First things first. Regulations! Yes, the broker is regulated, but IMHO this can be considered both a pro and a cons. Of course this si nice to know that the company is watched over by some third-party commission, funds are secure and the broker obies international regulations applied in this industry. Yet, the regulations are aimed at protecting retail customers, whcih means the CySEC limits the leverage that you can use witih the broker. Deposits. The minimal deposit is 250 euros. That's fine if you ask my opinion. Trading fees. Could be better. They always can. I've never seen a trader that wouldn't ask for lower trading fees. Assets variety. The broker specialized in stocks trading and forex. There are other CFDs, but there are many stocs and currency pairs. Last but not the least. Executions. Excellent. I've seen that other customers have noticed this advantage too. I trade frequently, so its very important parameter for me. Yes, executions are precise. What you ask for is what you get for the price of entry and exit.

Robert Besson   27 February, 2021  

I invested CHF 6000 and lost CHF1500, I decided to redraw the rest of my money back to my account, unfortunately it was refused to be refund and the "Senior Account Manager" Mr.C.A. called me and made a deal with me, I should believe and trust him to improve my invest skill which he told me to invest the shares he recommended. Pity I was too naive and trusted him. He helped me to loose CHF4380 in two days. I tried to reach him, no answer and no feedback. And now I am still waiting for the rest of my money. Good Luck to you all.

Khor   23 February, 2021  

Artificial intelligence, full news summary with analysis of current events, advanced technical analysis - this is an incomplete list of what you can find in ForexTB. This is more than enough for stable trading in the financial markets.

Mirsad Marolt   6 February, 2021  

I've been using this particular company for a long time, or rather its services in order to adapt to the market and understand what's going on here. But all this is not easy for me and I cannot say that I am moving with great dynamism. But I try to use everything that the company provides - reviews, articles etc., and I can say that it really works. And this way I was able to understand a little bit about how to allocate capital and how to act in one situation or another. Only one more question - should I switch to gold account if I'm still such an insecure trader?

Philippe Charles   2 February, 2021  

Of course, you can switch to the Gold account if $25,000 is an affordable deposit amount for you. But I advise you to keep trading on the Basic account until you gain enough experience.

Vygaudas Pocius   22 February, 2021

Started trading with this brokerage a month ago. Of course I haven't explored all features of this brokerage, but my current opinion is very positive. Especially I like that there's MT4 available, I'm using EAs, so that was a required platform for me. However, if you don't like MT4, you still can trade with WebTrader, ForexTB offers an opportunity to choose.

Lassi Huopainen   6 January, 2021  

I'm trading with ForexTB for 3 months now. Innitially I switched to it, just because I was looking for regulated brokerage and ForexTB has CySEC license. My previous brokerage was unregulated and that's a kind of risk, as you never could be sure that your funds are safe. ForexTB is CySEC regulated, so there are no such problems at all. But as I remember, there's no iOS app (at least I've found such info in one of the reviews articles). Is that so or there is iOS FXTB app?

Charles Legrand   6 January, 2021  

It feels like you are right and the broker really doesn't offer an iOS app. What's more, it doesn't provide an Android app as well.

Roland Fergus   30 January, 2021

Company provides a lot of insights about market for free and that was the point that made me trade with it. For example, there's Trading Central with daily market an alysis, an alysts opinions and insights covering economy situations. Of couse, its impossible to trade only using outdoor insights, but if you're solo trader, that would boost your performance. For example my ROI increased from 0.058 (5.8%) per month to 0.079 (7.9%) only because I'm using that insights now.

Himanshu Nigam   6 December, 2020  

If we speak about this brokerage, then the most important advantage for me is Web-trading. I'm switching devices extremely often, so that's great I can get access to trading only with my login and pas'sword directly from the browser. Of course, Web platform offers less features than MT4, but that's okey if you're news trader like me.

Bjorn Hokansson   5 December, 2020  

I'm looking to try trading with ForexTB, as almost all my friends already switched to this brokerage. I can't say that my current brokerage is bad, but I'm not satified with it execution speed. As my friends told me, ForexTB is much better in this regard, but I want to check everything twice. So, what can you say about its executions speed (better with exact numbers)?

M.Shneider   30 October, 2020  

I've been trading with this broker for three months. I can say that everything is Ok with executions. I can't say for sure whether it's the fastest execution speed I have ever seen but it's more than sufficient for comfortable trading.

Johannes Walter   28 December, 2020

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ForexTB Rating and Review

ForexTB Rating

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ForexTB Reviews Rating

Reviews Rating ForexTB - 5

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