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FXTB

Cyprus · MT4 / WebTrader

Reviews & comments 321.0ⓘ
1.0ⓘ
Founded2015-01-01
Minimum deposit250.00
CurrencyNot provided
Leverage1:30 | 1:400

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Source classification: Regulated. Read the named legal entity and license record together.

Reviews & comments (32)

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Support-ForextbReply
Initial 1-star score

Reply to comment #577

<p>“Dear Aristides<br> Thank you for your honest feedback and for taking the time to submit your review!”</p>

AristidesComment
Initial 1-star score

<p>I can say that this brokerage company can be even ideal for many brokers if we don’t consider some downsides of this brokerage company. Let’s start with advantages of this broker.<br> First, it’s regulated by cySEC – a well-known watchdog. So, it means that this company can’t be a scam and it’s the number one news for those seeking reliability in trading. Secondly, the broker is good for those who trade various assets intensively throughout the day because the choice of financial instruments is quite impressive here, while execution is fast and hassle-free as a direct consequence of regulation.<br> On the other hand, one can’t make the most of the broker after registration because all newly-registered traders are granted a retail status that suggests trading with 1:30 leverage. To trade with 1:400 leverage, the broker’s clients should reach a certain trading turnover. Such a division of clients into retail and professional can be unacceptable for many traders, especially those trade currencies, but on the other hand, some liquid assets, including cryptos and metals don’t require high leverage and it means that it’s possible to trade with this broker profitably being a retail client.</p>

Support-ForextbReply
Initial 1-star score

Reply to comment #575

<p>“Dear Marijn<br> Thank you for your honest feedback and for taking the time to submit your review!</p>

Marijn de VosComment
Initial 1-star score

<p>I have been trading with ForexTB for quite a long time. A lot of new instruments have appeared there. Cryptocurrency is also here. The conditions for it are not worse than other brokers. The technical support works on 5 points. They answer all the queries quickly and very competently, etc. I don’t have a problem with withdrawals, yet. I never saw any delays in withdrawal process.<br> Thanks for the article with the review of the broker. I would add European geolocation and focus on European traders among the advantages. The only disadvantages of the broker I can mention is not very small spreads, but the advantages of the broker outweigh all the disadvantages.</p>

Support-ForextbReply
Initial 1-star score

Reply to comment #573

<p>“Dear Marcos<br> Thank you so much for taking the time to share your experience at Forextb. Please do not hesitate to contact us to our support email for any assistance you may need.”</p>

Marcos MoralesComment
Initial 1-star score

<p>I trade metals and cryptos with this broker now. I would like to trade major currency pairs too but I think it will become possible in a year or so. It’s because my trading account has a retail status and I can trade currency pairs with 1:30 leverage only. To get 1:400, I need to upgrade to Professional. To do this, I’m expected to demonstrate a very high trading activity and reach a trading turnover set by the broker. I think that the broker did wise by splitting their clients into retail and professionals. It somewhat protects newbies from big losses. I’m interested in trading currencies with 1:400 leverage and I hope to upgrade my account to Professional in a year. However, even with 1:30 leverage it’s possible to earn. You just stick with liquid assets such as cryptos and metals. That’s what I do now. It’s more interesting for me to trade cryptos and metals than currencies, but I need extra income and that’s the reason I want to upgrade my account.</p>

Support-ForextbReply
Initial 1-star score

Reply to comment #571

<p>Dear Jari<br> Thank you for your honest feedback! We are very happy to hear that our services are useful for you!”</p>

Jari SaarinenComment
Initial 1-star score

<p>I think that this brokerage company has the only one downside. You can’t trade with higher leverage if you are a retail client. In this case, you can count on 1:30 and no more. To trade with 1:400 you need to become a professional client that suggests reaching a certain trading turnover.<br> In other regards, this broker is very advantageous. First, it’s regulated by cySEC that automatically excludes any fraud activity on the part of the broker. Secondly, it offers a very good choice of financial instruments. I especially appreciate the choice of cryptos and indices.<br> By the way, you don’t need high leverage to trade cryptos and metals because these assets are already very liquid, so you can earn on them well being a retail client. It makes sense to opt for the professional status if you intend to trade currencies. In this case, you will learn more with 1:400.</p>

Support-ForextbReply
Initial 1-star score

Reply to comment #569

<p>“Dear Charles<br> Thank you for taking the time to leave your personal review for ForexTb. Its much appreciated!”</p>

Charles CoquillageReply
Initial 1-star score

Reply to comment #567

<p>I had no problem with withdrawing money from ForexTB. As for the speed, it all depends on the method of withdrawing money. For example, if I withdraw money to a card, it can take 1-3 days. If it is an e-wallet, then 24 hours or less.</p>

Support-ForextbReply
Initial 1-star score

Reply to comment #567

<p>Dear Stanislaw<br> Thank you for your positive feedback and for keeping us posted! Please do not hesitate to contact us to our support email for any assistance you may need.</p>

Stanislaw AdamskiComment
Initial 1-star score

<p>Interesting company. I think so because this is the first time I see such a service. ForexTB is my first broker. I read the reviews and realized that this broker can be trusted. I think the main thing is the legality and honesty of the company. If I make a deposit and trade in the financial market, then I must be confident that everything is fine.<br> I recently opened a real account and will be withdrawing money for the first time. I haven’t done this before.<br> Tell me what problems may arise if I withdraw money to the card. Or is everything happening fast?</p>

Support-ForextbReply
Initial 1-star score

Reply to comment #565

<p>Dear Kevin<br> We are very happy to read that you are satisfied with our services. Thank you for keeping us posted and for choosing us as your trusted broker! Please do not hesitate to contact us at our support email for any assistance you might need in the future.</p>

Kevin PiresComment
Initial 1-star score

<p>The conditions offered by the broker are relatively good – take into account that the broker is focused more on the European countries, the economy of which is more developed than in other regions. The trading conditions are profitable for the Europeans, the company’s accreditation is reliable and the insurance of the client’s funds is also at a high level. The broker is especially suited for beginner traders from Europe: small leverage is more of a plus for them than a minus. Less leverage means less losses. By European standards the broker is worthy. I like that the registration is done responsibly. It proves the seriousness of the company. For me the minimal deposit is reasonable and allows to apply to everyone.<br> ForexTB reviews have a lot of positive information in various sources. I will tell you about my own experience. I opened an account at ForexTB a year ago. I cannot say that there are no problems at all. But even taking into account the problems I have a lot more pluses. I am working on MT4 platform. Even the withdrawal fee is very acceptable in comparison with many companies.</p>

Support-ForextbReply
Initial 1-star score

Reply to comment #563

<p>Dear Gonzalo<br> Thanks so much for your detailed review and for giving us your take on how our Brand is operating. We ‘re glad that customers like you are enjoying trading with ForexTB.</p>

Gonzalo LozanoComment
Initial 1-star score

<p>In simple terms this broker is not for scalpers because it doesn’t offer tight spreads. Another thing that you may not like here is that it to trade with best possible trading conditions, you are expected to upgrade your account to “Professional”. To do this, you need to trade a lot, thus reaching a certain turnover. As a result, you can trade with 1:400 leverage and count on negative balance protection.<br> However, not every trader needs a professional status. As for me, I trade stocks here with a retail status and 1:30 leverage suits me. Moreover, you don’t need higher leverage when trading liquid assets, including metals and cryptos.</p>

Support-ForextbReply
Initial 1-star score

Reply to comment #561

<p>Dear Liam<br> We are very happy to hear that you are satisfied with our Brand. Thank you for keeping us posted and for the positive review!</p>

Liam van FormbachComment
Initial 1-star score

<p>Earlier I would hardly join this broker because at that time I didn’t appreciate wide spreads and withdrawal fees. I practiced scalping and assessed brokers accordingly. Over time I realized that long-term trading was more beneficial and shifted to it. By the time I found this broker regulation was the only thing I took into account when evaluating brokers. This cySEC regulated broker certainly meets this requirement, so it’s normal in my eyes.</p>

Eino KontkanenComment
Initial 1-star score

<p>I have recently joined your company. I like the execution, which is a direct consequence of regulation and a very user-friendly platform Webtrader. Perhaps, in a couple of weeks I’m going to make my first withdrawal, so I have a corresponding question. How long does it take to withdraw money using bank transfer?</p>

Support-ForextbReply
Initial 1-star score

Reply to comment #557

<p>Dear Daniel,<br> Thank you for your positive feedback and for keeping us posted! Please keep our support email for future use and feel free to contact us for any queries or issues you may come across.</p>

Daniel ClarkeComment
Initial 1-star score

<p>I made up my mind to use this broker to trade stocks. I find it very suitable for this role and I can explain why I stuck with this brokerage company.<br> You know that stock trading is long-term trading. I can’t imagine stock scalping. It doesn’t make sense. So, when people buy stocks they plan to hold their trades for a long time. Some traders hold their stocks for years. If you take a look at the charts of well-known tech giants, you will see a never-ending uptrend. Yeah, God blessed those folks who managed to buy those stocks at the bottom. They are pretty happy now.<br> However, for the last time a slew of new promising companies appeared and we can be among the first buyers of their stocks.<br> When holding trades for a long time, it’s crucial to deal with a regulated company. ForexTB is cySEC regulated. I learned about from ForexTB reviews. Once I came to their site I liked their Webtrader. It’s very suitable for stock trading because it allows to conveniently navigate through assets in the left menu.</p>

Support-ForextbReply
Initial 1-star score

Reply to comment #555

<p>Dear Roland,<br> In order to increase your trading knowledge, our inclusive Education section offers traders of all levels, beginners to professionals, a variety of educational materials, which include: analysis, reports, guidelines and new features by Trading Central. Please do not hesitate to contact us at our email for any assistance you may need in a future</p>

Roland BerggrenComment
Initial 1-star score

<p>Thank you for the great information. I now understand why there are so many good ForexTB reviews on the internet. I understand that it is hard for people to trust their money. Especially if it’s new. I didn’t understand anything about Forex trading before and now I have some information. I understand that for trading you need to be able to use indicators and also be able to analyze news. When I read this ForexTB review, I realized that there is a MetaTrader 4 trading platform. I am familiar with this software. I know that this is exactly what a professional trader needs. I want to become a professional trader and I think that I will succeed with this broker!</p>

FXTBReply
Initial 1-star score

Reply to comment #552

<p>Dear Simon, We are very sorry to read this. Forex TB Limited is a Cyprus Investment Firm, authorized and regulated by the Cyprus Securities and Exchange Commission with CIF license number 272/15. Please share your experience by sending an email to our customer support ([email protected]) which works 24/5 and our professional team will assist you as soon as possible.</p> <p>Thank you!</p>

SimonComment
Initial 1-star score

<p>SCAM BROKER ! WHEN IN POSITION ON PLATFORM FXTB IN PROFIT YOU CANT CLOSE POSITION,<br> IT SAY NO QUOTES ! WHEN YOU ARE IN LOSS YOU CAN GET OUT OF POSITION YUST LIKE THAT,<br> MAGIC !</p> <p>MARKET MAKER, STOP ORDERS HIT 80 PIPS BEFORE ! SO I REALLY LIKE TO SEE MIFID II<br> PICTURE ON WEBSITE REGULATION ! MAGIC !</p>

FXTBReply
Initial 1-star score

Reply to comment #550

<p>Dear Fabio, </p> <p>Thank you for choosing us as your trusted Broker. Forex TB Limited is a Cypriot investment firm authorized and regulated by the Cyprus Securities and Exchange Commission under CIF license number 272/15. If you have a problem with us, we’d love to contact us at </p>

Fábio BorgesComment
Initial 1-star score

<p>I saw a lot of advertisements in the Internet for Forex brokers. For some reason I liked ForexTB and decided to open a demo account here. I just wanted to practice and learn new things. I liked working with ForexTB MT4. There were a lot of indicators to analyze and it was easy to open orders. I started to think about opening a real ForexTB account. Minimal deposit is 250 euro, so I can do it. But… I’m a little worried. Can I trust this broker? Is there some kind of license and control here?</p>

Support-ForextbReply
Initial 1-star score

Reply to comment #547

<p>Dear Mason<br> Thank you so much for leaving such a positive review! We’re always happy to help and really appreciate the time you took to write this review.</p>

FXTBReply
Initial 1-star score

Reply to comment #547

<p>Dear Fabrizio,</p> <p>Thank you for taking the time to leave us this positive review. We appreciate you sharing your experience with us and hope that you continue enjoying trading with ForexTB. Always we are aiming to improve our services with the best choice for our clients.<br> Thank you for choosing us as your trusted broker!</p>

Fabrizio MilaniComment
Initial 1-star score

<p>Greetings to all! I have 4 years of ForexTB trading behind me. Despite all the shake-ups in the market, my account is alive and well, which is no small merit of the broker. Actually, that’s why I decided to leave this review. In general, it should be noted that ForexTB has developed in order during this time. There is more freedom, it is immediately felt. Yes, I myself have revised my system in many respects, I have changed a lot of things. For example, he added a comparison of his forecasts before entering the market with signals from their analytical portal. This mixture gave excellent results. If the signals matched, I would open.<br> There are daily signals, market news, and an education center.<br> I think that 21 years will be no less successful than the last one. The broker is really good, and the rest depends on the trader.</p>

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