Independent Review ForexTB (FXTB)

Headquarters in Cyprus

Introduction

Website: ForexTB (FXTB)

ForexTB, known as FXTB, is a renowned Forex/CFD broker that offers you over 300 CFD assets on currency pairs, indices, commodities, shares, and cryptocurrencies through the multi-award winning MetaTrader 4 platform, as well as their proprietary WebTrader. Since its launch in 2015, ForexTB has dazzled the market with its advanced tools, trading technology and the latest strategies for the forex market with easy to follow educational programs.

Behind the ForexTB brand is a Cypriot investment company licensed by Cyprus Securities and Exchange Commission.

ForexTB provides its clients with all the latest tools needed to help them reach their full potential in trading. Their education center provides in-depth easy to follow information about Forex, commodities and more. They offer trading analysis, leverage, margin and market news along with Trading Central market alerts and advanced study material.

Regulations & Licenses

Countries/Regulators/Languages

ForexTB is located in Nicosia,Cyprus and regulated by CySEC (The Cyprus Securities and Exchange Commission) with license number 272/15

ForexTB operates throughout EEA countries (excluding Belgium) and Switzerland.

ForexTB website supports seven languages on its platform, including English, Dutch, German, Polish, Swedish, Italian and Spanish, with dedicated support managers for each language.

Account types

ForexTB Account Types

The FXTB account levels vary according to the deposit made, the minimum deposit is 250 euros with no fixed commissions.

We have examined the features of the different accounts and summarized the main advantages of each level below.

Basic: With a minimum deposit of 250 euros you receive one trading lesson, daily news, trading signals, two SMS notifications per day, a free withdrawal and an average spread for EUR/USD of 2,8 pips

Gold: With a minimum deposit of 25,000 euros you will receive two trading lessons, daily news, a monthly webinar, Trading Central’s full package, two SMS notifications per day, one free withdrawal per month and an average spread per EUR/USD of 2.5 pips

Platinum: With a minimum deposit of 100,000 euros you receive access to three advanced lessons, daily news, two monthly webinars, Trading Central’s full package, four notifications via SMS per day, three withdrawals per month for free and an average spread for EUR/USD 1.9 pips

VIP: With a minimum deposit of over 250,000 euros you receive access to five advanced lessons, daily news, five monthly Webinars, Trading Central’s full package, seven notifications via SMS per day, unlimited free withdrawals and an average spread for EUR/USD of 1.4 pips

Fees, Spreads & Leverage

ForexTB Leverage

ForexTB enables clients to open trading positions with as little as 0.01 lots, with no limits to the trade size and traders can take on leverages of up to 1:30. ForexTB offers a chart filter, giving clients access to popular traded assets. From there it is easy for traders to calculate the spreads on each asset.

ForexTB Fees

Deposits & Withdrawals

ForexTB Withdrawals

ForexTB offers their clients the choice to deposit via credit card, debit card, bank transfer and e-wallets. All processes have been automated and are easy to follow. Credit/Debit card deposits are posted instantly.

Withdrawals are processed usually within 24 hours, the money is automatically sent. The actual timing depends on the withdrawal. Credit cards and e-wallets are expedited, while wire transfers can take up to 5 working days to be processed by the bank.

Trading Platform Overview

ForexTB realizes that all of their clients have individual needs and therefore offers two unique trading environments.

Its proprietary WebTrader is easily accessible with an internet connection on any device, allowing you to trade without having to download any software. It is easy to navigate the necessary trading tools such as graph charts, orders, asset lists and indicators. Clients can quickly and effortlessly place market & pending orders. The WebTrader is available on internet-enabled smartphones, PCs and tablets, running on iOS, Android and Windows operating systems.

The MT4 can be operated on any desktop or mobile device and offers traders advanced trading tools such as different charts and over 50 customizable technical indicators. With the MT4, traders can also conveniently monitor the market to achieve the best results and build their trading strategies.

Education & Tools

ForexTB invests in a leading education hub for their clients, providing them with a sophisticated education center that supports daily updates, economic calendar and daily market analysis. It also has a glossary of trading terms for beginners.

FXTB also provides webinars and eBooks to help traders make informed trading decisions.

Partner Programs

The FXTB affiliate program, handled by professional account managers, is packed with advanced technology and media. It also features customizable programs, offering CPA, or Hybrid programs. Partnering with a regulated and respected broker like FXTB can only bring positive results.

FXTB offers a whole package of promo materials that are accessible through the partner account, accessed through the CRM to monitor all of their clients and sub-accounts. FXTB makes sure their partners get all the support they need.

Conclusion

The combination of trading platforms, asset choices and CySEC regulation puts FXTB on the map. All of this added to positive client reviews makes FXTB an excellent choice for opening a trading account for both beginners and experienced traders. We rate this brand the highest level on our value scale with outstanding honesty, transparency and respect for clients.

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

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Contact us directly for further inquiries about our products and services.



 
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