Independent Review ForexTB (FXTB)

Headquarters in Cyprus

Introduction

Website: ForexTB (FXTB)

ForexTB, known as FXTB, is a renowned Forex & CFD broker that offers over 300 CFD assets on currency pairs, indices, commodities, and shares, as well as cryptocurrencies through the standard MetaTrader 4 platform, as well as their proprietary Web Trader. Since its launch in 2015, ForexTB has dazzled the market with its advanced tool and education.

Behind the ForexTB brand is a Cypriot investment company; it has a license from the Cyprus Securities and Exchange Commission.

ForexTB provides its users with the tools needed to reach their potential. Their education center on the website provides in-depth materials on Forex, commodities and more. They offer trading analysis, leverage and margin, and market news along with Trading Center market alerts and advanced study.

Regulations & Licenses

Countries/Regulators/Languages

ForexTB is physically located in Cyprus, in Nicosia. ForexTB is regulated by CySEC (The Cyprus Securities and Exchange Commission) with license number 272/15 and, therefore, can operate throughout EEA countries (excluding Belgium) and Switzerland.

ForexTB provides its website in 6 languages, including English, Dutch, German, Polish, Swedish, and Italian.

Account types

ForexTB Account Types

The FXTB account levels vary according to the deposit made; the minimum deposit is 250 euros; there are 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 have one trading lesson, Daily News, Trading Signals, 2 SMS notifications per day, one free withdrawal and an average spread for EUR / USD of 2,8 pips

Gold: With a minimum deposit of 25,000 euros, you have two trading lessons, Daily news, one monthly Webinar, Trading Central, 2 SMS notifications per day, one free withdrawal per month and an average spread per EUR / USD of 2.5 pips

Platinum: With an opening deposit of 100,000 euros, you have access to 3 advanced lessons, Daily news, two monthly Webinars, the Trading Central, four notifications via SMS per day, three free withdrawals per month and an average spread for EUR / USD 1.9 pips

VIP: With a deposit of over 250,000 euros, you can access to 5 advanced lessons, Daily news, five monthly Webinars, the Trading Central, 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 allows clients to open trading positions with as little as 0.01 lots. There is no limit to the trade size, and traders can take on leverages of up to 1:30. ForexTB offers a chart filter, which enables the trader to see the popularly traded assets. From there, it is easy for traders to calculate the spreads on each asset.

ForexTB Fees

Deposits & Withdrawals

ForexTB Withdrawals

ForexTB allows a client to deposit by 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 with 2 hours, and the money is automatically sent. The actual timing depends on the withdraw. Credit cards and e-wallets are expedited, while wire transfers can take up to 5 working days to complete and be posted by the bank.

Trading Platform Overview

ForexTB realizes that the traders’ are very different and, therefore, offers two unique trading environments.

The Web Platform is easily accessible with an internet connection on any device; it allows you to trade without downloading. This web trader is also available in a mobile version to operate from a phone or other mobile device.

It is easy to navigate the necessary trading tools such as graph charts, orders, asset lists, and indicators. Clients can quickly launch market orders and place trades. The web platform is available on internet-enabled smartphones, computers, and tablets. Devices that run IOS, Android, and Windows can comfortably access the trading platform.

The MT4 application can be downloaded on smartphones and computers. MT4 offers traders advanced trading tools such as different charts and over 50 customizable technical indicators. With 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 traders.FXTB provides a sophisticated education center that supports daily updates, economic calendar, and daily market analysis. It also has a glossary of trading terms for most beginners.

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

Partner Programs

There can be no doubt that affiliate marketing with FXTB is a way to earn income quickly. The FXTB affiliate and Introducing Brokers programs are handled by professional account managers with advanced technology, media and create support and customizable programs offering CPA, or Hybrid programs. Partnering with a regulated, respected broker like FXTB can only bring positive results.

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

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 the beginning and the experienced trade. We rate this brand the highest level on our value scale with outstanding, honest, transparency, and respect for clients.

Contact us directly

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



 
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