Forex TB Review
https://www.forextb.com/eu/
ForexTB is a European broker established in 2015 and regulated by CySEC (Cyprus Securities and Exchange Commission), adhering to the MiFID directive. It is suitable for traders who prefer classic intraday and long-term strategies on H1 timeframes. The broker offers access primarily to CFDs across forex, stocks, metals, commodities, indices, ETFs, and cryptocurrencies, with more than 300 tradable assets.
Strengths of ForexTB
Licensed by CySEC, ensuring regulatory compliance, investor protection, and risk minimization.
User-friendly proprietary web trading platform along with MetaTrader 4.
Multiple payment methods available including Skrill, Neteller, credit/debit cards, and various e-wallets.
Supports leverage up to 1:30 for retail traders and up to 1:400 for professional traders.
Spreads generally start from about 1.8 to 3 pips on EUR/USD, though somewhat higher compared to some competitors.
Demo account with virtual funds for practice without verification.
Professional customer support available 24/5.
Weaknesses of ForexTB
Higher spreads compared to leading brokers, starting from around 3.2 pips on standard accounts.
Withdrawal conditions are not clearly transparent and can be complicated depending on account type.
Lacks detailed specifications of assets and trading conditions openly available.
Reviews from users are mixed, with some reporting dissatisfaction with customer service and trading conditions.
Minimum deposit starts at $250, which is above industry average for some new traders.
Account Types
ForexTB provides several accounts types: Basic, Gold, Platinum, and VIP, differing mainly in minimum deposit and withdrawal privileges, with the VIP account requiring €250,000 and offering unlimited free withdrawals.
Conclusion
ForexTB is a regulated and relatively secure broker with a variety of assets and platforms ideal for medium to long-term traders, particularly in Europe. However, its spreads and fees are on the higher side, and some transparency issues exist. Prospective traders should consider these factors, possibly starting with a demo account or small deposit to assess conditions firsthand.
This overview is based on a comprehensive analysis of expert and user reviews, regulatory compliance, and broker features as of 2025.
ForexTB is a European broker established in 2015 and regulated by CySEC (Cyprus Securities and Exchange Commission), adhering to the MiFID directive. It is suitable for traders who prefer classic intraday and long-term strategies on H1 timeframes. The broker offers access primarily to CFDs across forex, stocks, metals, commodities, indices, ETFs, and cryptocurrencies, with more than 300 tradable assets.
Strengths of ForexTB
Licensed by CySEC, ensuring regulatory compliance, investor protection, and risk minimization.
User-friendly proprietary web trading platform along with MetaTrader 4.
Multiple payment methods available including Skrill, Neteller, credit/debit cards, and various e-wallets.
Supports leverage up to 1:30 for retail traders and up to 1:400 for professional traders.
Spreads generally start from about 1.8 to 3 pips on EUR/USD, though somewhat higher compared to some competitors.
Demo account with virtual funds for practice without verification.
Professional customer support available 24/5.
Weaknesses of ForexTB
Higher spreads compared to leading brokers, starting from around 3.2 pips on standard accounts.
Withdrawal conditions are not clearly transparent and can be complicated depending on account type.
Lacks detailed specifications of assets and trading conditions openly available.
Reviews from users are mixed, with some reporting dissatisfaction with customer service and trading conditions.
Minimum deposit starts at $250, which is above industry average for some new traders.
Account Types
ForexTB provides several accounts types: Basic, Gold, Platinum, and VIP, differing mainly in minimum deposit and withdrawal privileges, with the VIP account requiring €250,000 and offering unlimited free withdrawals.
Conclusion
ForexTB is a regulated and relatively secure broker with a variety of assets and platforms ideal for medium to long-term traders, particularly in Europe. However, its spreads and fees are on the higher side, and some transparency issues exist. Prospective traders should consider these factors, possibly starting with a demo account or small deposit to assess conditions firsthand.
This overview is based on a comprehensive analysis of expert and user reviews, regulatory compliance, and broker features as of 2025.
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