ForexTB Review: Pros, Cons, And How It Stacks Up | Updated for 2024
This ForexTB review has been updated for 2024 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about ForexTB to give you the most comprehensive guide available.
ForexTB is a leading trading partner that was founded in 2015. They have around 501-1000 staff that help the company offer Financial Markets Access, to 5,000+ customers through MT4, Web Trader, Tablet & Mobile apps.
ForexTB Guide – Read our In-Depth ForexTB Review
ForexTB Rating: 4.53 / 10
This ForexTB review page contains information about investing with ForexTB. It is intended for educational purposes only and should never be considered financial advice. comparebrokers.org is not a brokerage or advisory service. We do not recommend or advise that investors buy or sell securities or stocks.
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Please note that due to regulations, the content in this review of ForexTB does not apply to users in Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
This ForexTB review contains the most recent info about ForexTB.
If you're new to the realm of online trading and brokers, so many details will no doubt be confusing for you. Getting into the world of online trading requires expert analytical skills and thorough knowledge. You'll acquire proficient at all of the concepts of trading online and brokerages while you continue trading. For starters, you have to choose the ideal agent who'll constantly be transparent with you.
In the fast-paced universe of stock markets and trading, you'll need guidance to make educated decisions. A professionally lead investment online trading platform could aid you in minimising any potential losses and maximising any returns. ForexTB is just one such platform that can help you. It's crucial to know all you can about any broker until you trust them with your money.
When engaging in online trading with platforms such as ForexTB, it's crucial to thoroughly evaluate ForexTB as your broker, as this choice can greatly influence your success. Selecting the right broker is vital for your ForexTB investments to prosper. However, be cautious of counterfeit and untrustworthy brokers hiding in the shadows, ready to exploit naive traders.
It's essential to be vigilant and comprehensive in your ForexTB broker selection to protect your hard-earned money. Performing your due diligence and researching the credibility of ForexTB, its track record, and reputation is vital. Moreover, ensure the ForexTB broker's offerings, trading tools, fees, and regulation align with your objectives.
Remember, ForexTB should be a reliable companion on your trading journey.
Our team has strived to simplify the intricate world of trading with ForexTB into easily understandable information in this ForexTB review. Our goal is to equip you with the knowledge necessary to confidently use ForexTB trading tools, ranging from depositing and withdrawing funds to executing trades.
We recognize that well-informed decisions with ForexTB are the cornerstone of successful trading. As such, we've provided this in-depth ForexTB review. So, make yourself comfortable, grab a cup of coffee, and immerse yourself in learning about ForexTB and how it can benefit you, or if ForexTB might not be the right fit for you.
ForexTB Review for 2024 – Quick Overview
| ForexTB Telephone: | |
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| ForexTB Address: | |
| Year Founded: | 2015 |
| Regulated By: | Cyprus Securities and Exchange Commission (CySEC), CIF license number 272/15 |
| Hedquarters: | Cyprus |
| Minimum Deposit: | $250 |
| Number Of Clients: | 5,000+ ForexTB users and traders |
| ForexTB LinkedIn: | |
| ForexTB Facebook: | |
| ForexTB Facebook Likes: | 0 |
| ForexTB Twitter: | @ |
| ForexTB Twitter Followers: | 0 |
| ForexTB Instagram: | |
| ForexTB Instagram Followers: | 0 |
| ForexTB Youtube: | |
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.80% of retail investor |
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Our entire ForexTB review for beginners covers everything you need to know about trading via ForexTB. A fantastic broker can take your first investments and help to protect it from losses but also give you a platform that can help to give you favourable profits. If you would like to make profits, you must trade with a brokerage service that aligns with your investing objectives.
Of course, there is no sure-fire method to guarantee profits; therefore, you should carefully assess your broker before you choose them. It is a frequent misconception that all agents will be the same, but that's not correct. Wrong judgment, initially, can put your investments in danger.
ForexTB is a trading partner which has paved its way successfully into the broker world. Within this review, we've tried to collate some of the vital facets of ForexTB. This guide will allow you to understand whether ForexTB is a great match for your investments or not. We've attempted to breakdown all of the features and charges for your convenience.
Who are ForexTB?
ForexTB is a online trading broker with its head office in Cyprus and provides a range of tools for online trading. Since its establishment in 2015 they have emerged as a leading player in the industry of online trading. ForexTB includes an extremely competitive and full-featured trading site that's focused on forex, indices, metals, sharesand commodities.
Over the past 9 years, ForexTB has developed into one of the top online brokers available to the public.
After being founded in 2015, their customer base has increased to 5,000+ clients.
ForexTB is the favourite for many stock dealers . Our ForexTB account review discovered that they're a superb solution for online trading options. They are most appropriate for investors that are looking for an assortment of assets. Social and easy to use trading solutions are the core at ForexTB.
Technology plays a substantial role at ForexTB. They offers trading on MT4, Web Trader, Tablet & Mobile apps. ForexTB is fair, transparent, and also a well-regulated broker by the Cyprus Securities and Exchange Commission (CySEC), CIF license number 272/15. Their outstanding array of resources will be beneficial for the majority of traders. Third-party partnerships also supply in-house analysis.
The trader resource department at ForexTB is quite enlightening for new traders as it permits them to get a closer look at the financial markets. ForexTB caters to all sorts of traders and are a must-have broker for almost any well-diversified method of trading.
Benefits of using ForexTB in 2024
Trading with ForexTB includes numerous advantages. These advantages are what sets ForexTB apart from the rest of the online agents. You need to check all of the advantages listed so that you have a better understanding of ForexTB.
The broker goes to great lengths to comprehend what dealers want. Consequently, the support, fast, and convenient. The broker also provides a number of platforms for all types of traders. ForexTB helps to ensure that the individual needs of all online traders are met to the best of their ability.
ForexTB also features excellent trading conditions that are readily available to all and not only an elite group of institutional clients. The tight spreads and fast executions are a great benefit for all traders. The technology embraced by ForexTB is among the maximum caliber, making sure that it's fast, reliable, and efficient.
ForexTB acknowledges the significance of having a quick order execution. A fast implementation enables users to exchange without fretting about slippage safely. It will also aid the dealers to catch any opportunities.
ForexTB has over 100 trading instruments to support all types of traders. These instruments are lively and suitable for both new and seasoned traders. All dealers can put aside all their worries when trading using ForexTB.
ForexTB Overview
Year Founded: 2015
Regulated By: Cyprus Securities and Exchange Commission (CySEC), CIF license number 272/15
Hedquarters: Cyprus
Minimum Deposit: $250
Number Of Clients: 5,000+
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.80% of retail investor
If you feel that ForexTB is not right for you then at the bottom of this ForexTB review you will find a lot of alternatives to ForexTB.
Everything you should know about trading using ForexTB
ForexTB is a dynamic platform that provides various techniques of trading online. These tools cover the monetary markets considerably. The Majority of the broker platforms provide fewer approaches than ForexTB
If you want to exchange with ForexTB, you will need a minimum deposit of $250. This deposit is compulsory if you would like to begin trading with ForexTB. This 2024 ForexTB review will guide you easily about trading with them.
ForexTB is as versatile as another brokerage platform. ForexTB is ideal for traders that want a manageable variety of low-cost services. The platforms supplied by ForexTB are third-party, white-label offerings. All traders may pick out of MT4, Web Trader, Tablet & Mobile apps
Together with everything, ForexTB has multiple benefits to new and verteran traders and should be investigated. There's no minimum time over which a transaction has to be kept available. The agents offer premium client service that rewards customers with benefits.
Many unprofessional brokers try to pressurise customers into larger financing for superior services. ForexTB, however, is much more concentrated on trading volume. Traders can expect trading conditions to be fair, honest and transparent. The more lots traded by the consumer, the more benefits will come along.
ForexTB accounts are available around the world and provides outstanding service everywhere they have clients. There are only a select few countries where ForexTB accounts are not available. Traders in the following countries cannot open or use a ForexTB account:
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Is ForexTB Safe To Trade With In 2024?
Founded in 2015, ForexTB has been in operation for 9 years, they are headquarted in Cyprus
ForexTB is regulated by Cyprus Securities and Exchange Commission (CySEC), CIF license number 272/15. These figures have rules that ensure that trading platforms have steps in place to keep investor's assets procured. This usually means that ForexTB users don't need to be worried about their money since it's segregated and safely stored in established banks. SSL encryption secures every user's private information as well.
You can make use of an option for Two Factor Authentications (2FA) with ForexTB for heightened security. An SMS with the verification code will be sent to your mobile phone. You'll be asked to enter this code to log into your accounts.
Another concern with online trading brokers with regards to safety might be manipulation of trading. This is highly disadvantageous for users on those platforms. Nonetheless, this is more widespread in the case of Market Maker brokers who compete with users on the stage.
ForexTB Risk Disclaimer
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.80% of retail investor
Pro's & Con's Of Trading With ForexTB
Every online trading platform will have some ups and downs, and no ForexTB review would be complete without showing both sides. This ForexTB review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
ForexTB Pro's
ForexTB is regulated by Cyprus Securities and Exchange Commission (CySEC), CIF license number 272/15.
ForexTB offers customer support over the phone.
ForexTB provides customer support over email.
ForexTB gives access to customer support over livechat.
ForexTB offers guaranteed stop loss.
ForexTB doesn't charge withdrawal fees.
ForexTB doesn't charge inactivity fees.
You can trade Cryptocurrencies with ForexTB.
ForexTB has over 100 employees.
ForexTB allows scalping.
ForexTB allows hedging.
ForexTB Con's
ForexTB is not highly rated by us. ForexTB hasn't won any awards. ForexTB doesn't offer negative balance protection. ForexTB has a high minimum deposit requirement. ForexTB doesn't offer social trading. ForexTB doesn't offer copy trading. ForexTB doesn't allow commodity trading. You can't trade metals with ForexTB. You can't trade energies with ForexTB.Compare Brokers Similar To ForexTB
Regulation And Licencing In More Detail
ForexTB is regulated by Cyprus Securities and Exchange Commission (CySEC), CIF license number 272/15.
ForexTB, as a business, has a strong set of rules for ensuring fair trading onto its platform. For data encryption functions, it provides an industry-standard secure socket layer (SSL).
As per the company's privacy regulations, customer data is never to be shared with some other institutions or individuals. Including credit history and other financial information.
ForexTB Awards
At the time of writing this ForexTB review, and despite ForexTB’s impressive offering, the company has surprisingly not garnered any awards to date.ForexTB Trading Platforms
ForexTB are a reputable trading platform that has been trading for over 9 years. They offer a large range of options in their customer accounts.
Below we take the main parts of any great online brokerage and compare ForexTB with Startrader, and freetrade.
ForexTB MetaTrader 4 (MT4)
MetaTrader 4 also known as MT4 is one of the top trading platforms on the planet and has been in active use on financial markets since 2005. The MetaTrader 4 software delivers a feature-rich, user-friendly interface and an extremely customisable trading environment, designed to cover all your trading needs and boost your trading performance. Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically.
The MetaTrader 4 (MT4) trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 (MT4) platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements.
You can start using the MetaTrader 4 platform with ForexTB in multiple formats including through an online web platform, or through a downloadable application for Windows PC's and Mac's. ForexTB MetaTrader 4 is compatible with the latest macOS. ForexTB allows traders to trade on mobile devices through Android and iOS devices.
Metatrader 4 Webtrader and ForexTB
MetaTrader 4 is the most popular trading platform in the world as most and more traders begin to trade online Metatrader 4 is available as a web based application available through your web browser. MetaTrader 4 web software provides the same easy to use performance as the desktop version using advanced charting, a highly customisable trading environment, easy to access online trading tools and many different indicators.
Trading With ForexTB MetaTrader 4 On iOS Devices
You can download the ForexTB app or also trade with ForexTB through the MetaTrader 4 application on the Apple app store.
Download the ForexTB MetaTrader 4 Program free of charge from Apple's App Store. ForexTB customers have instant access to the Financial markets, with the ability to completely manage a Portfolio on the go.
Trading With ForexTB MetaTrader 4 On Android Devices
Andorid mobile devices and tablets are used by millions of people globally. ForexTB provides its clients access to the MetaTrader 4 platform on Android supported devices so that their 5,000+ customers can monitor the financial marketplace and trade directly from their Android-based Smartphones and tablets. The Android ForexTB MetaTrader 4 application enables traders to make the most of multiple advanced trading features which enables them to monitor and trade quickly on the go, simply and securely.
Minimum Deposit Required
The minimum deposit that you must deposit to get started on ForexTB is $250. This is a decent amount for people just starting out. You can make more advanced residue as you cooperate. However, make certain you know how to make the most of your cash before investing in larger sums.
Commission And Fees Explained
ForexTB is an online brokerage platform, and many online brokerages charge lower fees than traditional brokerages tend to charge. The cause of this is that the businesses of online brokerages are scaled much better. In other words, an online broker isn't necessarily influenced by the amount of customers they have.
However, this does not mean that online brokers do not charge any fees. They charge prices of varying rates for a variety of services to earn money. There are primarily three types of penalties for this objective.
The first sort of fees to look out for are trading fees. When you make an actual trade, like purchasing a stock or an ETF, you are charged trading charges. In these instances, you're spending a spread, funding rate, or a commission. The sorts of trading charges and the prices differ from broker to broker.
Commissions can be fixed or determined by the traded volume. On the flip side, a spread refers to the gap between the buying and selling cost. Funding or overnight rates are those that are billed when you maintain a leveraged position for more than a day.
Aside from trading charges, online agents also bill non-trading fees. These are determined by the activities you undertake in your account. They are charged for things like depositing money, not investing for lengthy periods, or withdrawals.
Generally, ForexTB does not charge high fees compared to other online brokers. For operations other brokers charge for, they do not charge a broker fee, or they charge a lesser sum. This is beneficial for people who regularly exchange, for example weekly or daily trading.
But, non-trading fees charged by ForexTB are relatively lower. As a result, you're billed more for non-trading activities in your trading accounts, like withdrawal and deposits. These aren't related to the sale and purchase of resources.
This ForexTB review breaks down each of the applicable non-trading fees for you in detail.
Compare Broker Fees Of ForexTB
ForexTB Withdrawal Fees Explained
ForexTB doesn't charge withdrawal fees.Withdrawal of money is possible at any time from your ForexTB account. You can draw sums up to the sum of your account balance, keeping aside the margin utilized. One thing to remember is that you don't always have to have any money in your accounts.
Moreover, the withdrawn money will be moved directly to the account you use to make deposits. Thus, if you used a credit card for deposits, the withdrawn cash will be sent to the cardForexTB will ask you to offer other withdrawal methods in case your details have changed since your deposit.
There is a minimum withdrawal amount. In case you are withdrawing money in different currencies from USD, a conversion fee is also applicable. The conversion fee will depend on the currency you are choosing to withdraw in.
ForexTB Inactivity Fees Explained
ForexTB doesn't charge inactivity fees so you are free to use your account as needed
Even if no charges are implied by ForexTB, it is better that you close the account if you are inactive. Inactivity fees are not just charged by brokerage companies but also many financial services.
For additional trading platforms, the inactivity fee depends upon the type of account you have chosen. The inactivity fee is subjected to many circumstances and needs to be disclosed clearly by the agent beforehand.
ForexTB Deposit Fees Explained
When you move money in your trading account from your bank account, a deposit fee can be billed by the broker. Most agents don't charge an excessive amount of money for this particular operation.
ForexTB doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed
Depositing money on the ForexTB trading platform is simple. You simply need to complete a single-user profile questionnaire to start depositing money into your trading account. You'll have to provide an identity proof and evidence of residency to deposit large amounts.
Compare ForexTB Vs Other Broker Deposit Methods
What Can You Trade With ForexTB in 2024?
Note: ForexTB provides a lot of different trading instruments due to regulatory restrictions in some countries. Trading instruments offered will differ depending on the country of residence of the client.
ForexTB has a wide variety of over 100 instruments available for you to trade with.
If trading forex pairs is of interest to you then ForexTB offer over 50 currency pairs.
Compare ForexTB, Startrader & freetrade below.
ForexTB Trading App Review
Note: ForexTB's mobile app has a lot of functions and is being constantly developed. What follows was accurate at the time of writing this ForexTB broker review.
Understand the capabilities of the mobile apps of ForexTB, Startrader & freetrade below.
Trading Education Available At ForexTB
Understand the trading resources available with ForexTB, Startrader & freetrade below.
ForexTB Customer Support
As part of our ForexTB broker review we tested the customer service options, response times and on the ForexTB trading platform problems solving effectiveness. ForexTB provides support in many languages, including English, and Chinese
ForexTB Live Chat Support
We tested the livechat experience with ForexTB and it worked flawlessly. We have sent messages via ForexTB livechat via their app and web site and got a reply after 10 seconds. There was sometimes no response.
We have tested communication with ForexTB support in multiple languages and in various countries. ForexTB were capable of resolving our client's problems.
ForexTB Phone Support
We phoned ForexTB and the call was answered extremely quickly. It was responded to within less than 5-10 minutes.
The ForexTB phone support team were able to successfuly answer our queries and problems on the phone. We tried the multi-lingual ForexTB team by making calls in various languages. ForexTB made efforts to ensure that our questions were addressed.
Overall, the phone support from ForexTB was okay.
ForexTB Email Support
We have sent numerous email to ForexTB and the response times were all good. The fastest email response time from ForexTB was 3 hours and the longest response time was 3 days! There were times when there was no response. Response times to support may differ for you at ForexTB, however, we've had the experience of sending out 10 emails at different times.
The team solved and responded to our queries. The overall average of email support provided by ForexTB was very good.
Alternatives To ForexTB
If, after reading this ForexTB review, they don't quite fulfill your requirements check out these ForexTB alternatives.
We've scoured the web to find the best alternatives to ForexTB. Click on the hyperlinks below to find out more.
Frequently Asked Questions
Can I try ForexTB before I buy?
Yes, you can most definitely try ForexTB before you buy. ForexTB provides demo accounts for the convenience of beginner traders. You may use this feature to build your faith in the system as well as yourself and your trading strategies.
If you sign up to get a demo account with ForexTB, you may set out using a decent amount of virtual currency. It is to establish a feeling of safety and confidence in you until you choose to spend your own money.
With this digital ForexTBdemo account, you can experiment in any way, to whatever period you wish. You can even start positions, test different trading strategies, and more.
ForexTB shows on its official site how you are able to exchange real time stocks in a demo account.
Is ForexTB safe?
It is possible to drop all your worries since we believe that ForexTB is completely safe to use. It is in compliance with all the rules of Cyprus Securities and Exchange Commission (CySEC), CIF license number 272/15.
Fortunately, ForexTB does provide assured stop-loss protection.
Why does ForexTB ask for my passport?
The reason that ForexTB asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, ForexTB has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, ForexTB must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.
How can I start trading with ForexTB?
The process to start trading with ForexTB is super simple. You need to begin by signing up on the ForexTB website. It will require you to fill in details pertaining to the credibility and security of your account. You will probably also have top go through the standard KYC (Know Your Customer) checks but ForexTB are normally pretty quick with this.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live account with ForexTB is $250. You should have a good {understanding of|hold over} the {details|nuances} of online trading before you set out and trade with real money as losses can exceed deposits.
If you are confident of your knowledge and understanding, you can open an account with ForexTB.
The best way to kickstart your trading career with ForexTB is to open a demo account facility before risking any real money
What funding methods do ForexTB accept?
There are a number of ways to finance your account with ForexTB. The process is effortless and quick, with various payment methods at your fingertips.
You can use credit or debit cards Which range from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal can be at your disposal for depositing funds. You have to bear in mind that PayPal isn't available in all place. The currencies ForexTB accepts for deposit are USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD.
Other deposit techniques you can embrace are Neteller, Skrill, Rapid Transfer, and iDeal. Besides online banking, wire transfer is an opportunity also, though it takes approximately 4-7 days.
Is my money safe with ForexTB?
Yes, your money is safe and secure with ForexTB. As you already know, ForexTB works with good conformation to regulations. It's established lots of measures to guard all of its own investors.
ForexTB safeguards its clients' personal and sensitive data under SSL encryption. Your funds will be kept highly secure in top-tier banks.
If you wish to further protect your account, you can empower Two-Step Verification as well. It requires an SMS affirmation for you to get your accounts.
Is ForexTB trading good?
Yes, trading via ForexTB is a nice and good experience indeed. It is a great and intuitive platform with useful features for your simplicity. Moreover, you could also gain access to a vast collection of educational resources and assistive material to kickstart your trading expertise.
If you are still skeptical, it is possible to open a eToro demo account and evaluate the trustworthiness of the platform on your own.
Which Countries do ForexTB support?
ForexTB operates around the world. However, due to regulations ForexTB cannot accept clients resident in Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Is ForexTB legit?
ForexTB is a legit company headquarted in Cyprus since 2015. They are regulated by Cyprus Securities and Exchange Commission (CySEC), CIF license number 272/15. ForexTB is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.
Is ForexTB a good broker?
ForexTB is an excellent agent, and its own users may vouch for this. The highlight of this platform is its quick order execution on transactions.
You will discover the clean design of the platform along with the admirable features are pleasant to work with.
Is ForexTB a trustworthy broker?
Yes, ForexTB is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 5,000+ users registered with them can affirm to their trustworthy nature.
What is the minimum deposit for ForexTB?
The minimum deposit to open a live account with ForexTB is $250
How long do ForexTB withdrawals take?
Normally, withdrawal of money from ForexTB is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for a withdrawal from ForexTB to show in your bank account and withdrawls are available in any of the following currencies.
USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD
Is ForexTB regulated?
ForexTB are regulated by Cyprus Securities and Exchange Commission (CySEC), CIF license number 272/15
Is ForexTB a market leading broker?
ForexTB is currently among the industry leaders. It supports over 5,000+ registered users and over 9 years of experience on its own record. They're one of the world's leading trading platforms and a prominent figure in the Fintech revolution.
It majorly owes this standing to its unbelievable platform and wide range of resources plus tools so that you may invest in capital markets.
Is ForexTB a con?
No, ForexTB is not a con. They are regulated by Cyprus Securities and Exchange Commission (CySEC), CIF license number 272/15 and must adhere to their rules. Thus, it is safe to say that ForexTB is not a scam.
Can you make money with ForexTB?
Using ForexTB, many traders earn a lot of cash. However, just like all online trading platforms, it is important to note that traders can also lose money. In particular, CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.80% of retail investor
This may seem to be a small number, but within the year, it adds to a significant amount of gains. Even though ForexTB provide you all of the tools to make money, they can't guarantee you will gain.
Does ForexTB have fees?
Yes. To start trading using ForexTB, you have to deposit $250. Particular commissions while trading also applies. Any processing fees from your bank will have to be incurred by you.
When was ForexTB founded?
ForexTB was founded in 2015 in Cyprus. ForexTB is regulated by Cyprus Securities and Exchange Commission (CySEC), CIF license number 272/15.
How many people use ForexTB?
ForexTB is a globally recognised broker with 5,000+ customers.
Where is the ForexTB head office?
ForexTB has its head office in Cyprus
Does ForexTB offer negative balance protection?
No. ForexTB does not offer negative balance protection. If your balance is negative, ForexTB indicates you promptly contact customer services. For this, you can correct any imbalances in your own account.
Does ForexTB offer guaranteed stop loss?
Yes, ForexTB provide a guaranteed Stop Loss order.
If there's absolutely no free margin left together with the client, ForexTB will stop your positions. When the losses in the ceased out location exceeds your account balance, you might experience a negative account balance.
Does ForexTB allow scalping?
Yes, ForexTB does allow scalping. Several traders throughout the world select ForexTB for their services that are trading. They offer trading on MT4, Web Trader, Tablet & Mobile apps which allow this.
Does ForexTB allow hedging?
Yes, ForexTB does allow hedging.
Can you trade energies with ForexTB?
No, unfortunately you cannot trade energy stock with ForexTB
Can you trade agricultural shares with ForexTB?
No, unfortunately you cannot trade agricultural stock with ForexTB
Can you trade cryptocurrency with ForexTB?
Yes, you can trade cryptocurrency with ForexTB
Can you trade metals with ForexTB?
No, unfortunately you cannot trade metals with ForexTB
Can you trade UK Shares with ForexTB?
No, unfortunately you cannot trade UK shares with ForexTB
Can you trade US Shares with ForexTB?
No, unfortunately you cannot trade US shares with ForexTB
Can you trade Japanese Shares with ForexTB?
No, unfortunately you cannot trade Japanese shares with ForexTB
Can you trade German Shares with ForexTB?
No, unfortunately you cannot trade German shares with ForexTB
Does ForexTB accept bank transfers?
Yes, ForexTB accepts bank transfers for depositing money.
Does ForexTB accept credit cards?
Yes, ForexTB accepts credit cards for depositing money.
Does ForexTB accept PayPal?
No, ForexTB does not accept PayPal.
Does ForexTB accept Skrill?
No, ForexTB does not accept Skrill.
Does ForexTB accept Payoneer?
Yes, ForexTB accepts Payoneer for depositing money.
Payoneer, an American financial services company, offers online money transfer and digital payment services. It also provides working capital to customers.
Account holders can send or receive funds via an ewallet, virtual bank account number in local currency, or a reloadable prepaid MasterCard debitcard. Money received can then be withdrawn to a bank account or used online / at points of sale with the Payoneer debit card. This company is a specialist in cross-border B2B transactions. The company facilitates cross-border transactions in more than 200 countries and territories, as well as more than 150 local currencies. It also offers cross-border wire transfers, online payments and refillable debit cards services.
Companies like Airbnb, Amazon, Google and Upwork use Payoneer to send mass payouts around the world. It's also used by eCommerce platforms like Rakuten, Walmart, Wish.com, and freelance marketplaces like Fiverr, Envato, and works in conjunction with ad networks to link these companies with publishers based out of their headquartered countries.
In the content creation space, Payoneer works with Getty Images, iStock, Pond5, and others as well as in the freelance marketplace.
Payoneer has a customer care team with 320 employees who support 4 million customers in 70 languages, operating in 150 different currencies.
In October 2019, the company launched a service aimed for small and medium-sized businesses to send payments anywhere in the world quickly and cheaply.
Does ForexTB accept Neteller?
No, ForexTB does not accept Neteller.
Does ForexTB offer Live Chat customer support?
Yes, ForexTB offers customer support through live chat.
Does ForexTB offer phone customer support?
Yes, ForexTB offers customer support over the telephone.
Does ForexTB offer email customer support?
Yes, ForexTB offers customer support through email.
What languages can ForexTB communicate in?
ForexTB has the ability to communicate and support customers who speak: English, and Chinese
Does ForexTB have a wikipedia page?
No, ForexTB does not have an official wikipedia page.
Does ForexTB offer demo accounts?
Yes, ForexTB offers demo accounts so you can test your trading strategies before risking any real money. Newbie traders can open a virtual portfolio account in order to become better acquainted with the areas of Forex trading and test out some of the features before getting a live account.
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