This broker can please you if you seek long-term trading. It can offer you a good choice of financial instruments. What's more, here you can find some exotic cryptocurrency pairs such as Ethereum/GPB. The choice of indices will surprise you. Here you can find not only the most popular indices but also many exotic ones.
On the other hand, scalping is the last thing you should try here because the broker's spreads are not suitable for this. However, I know that some guys try to scalp even with wide spreads. Why not? It's less advantageous and you will have to wait longer until you see your open trade in the green.
I recently started trading Forex because I was interested. I tried different brokers that were no different from each other. But even so, I chose ForexTB. It is a regulated broker with an optimal minimum deposit. This is 250 dollars here. Of course, many have 100 dollars, but I think that this is not enough and not serious. And 250 dollars is something that can help you feel trading and trading. The trading platform here is MT4. This is great because it is the most user-friendly and popular Forex trading platform. It's a pity that there is no MT5. ((BUT otherwise everything is fine.)
Dear Santiago,
Thank you for your positive feedback and for choosing us as your trusted broker!
Trading is my secondary income source, but when I'm away from home that was a problem to still keep control over my trades. However, a couple of month ago brokerage has announced and introduced its app for iOS, so now I can trade even when I'm away from PC.
Sad that it took so much time to wait for this mobile app, as I know, Android app was introduced much earlier, but I assume that's because of App Store rules for developers. Anyway, now ForexTB mobile app is available for iOS and that's a good news for traders that need to control their trading with their phone.
Dear Sat,
Thank you for your positive feedback and for the 5 stars rating!
Never traded before when I answered an advert online and I was contacted by phone almost immediately. I had an account set up with a manager who was very pleasant. I was pressured into depositing more money than I had anticipated, I was persuaded to go professional with the promise of more leverage and higher profit, which meant actually telling lies on the application to meet their criteria and for a couple of weeks I made a small profit. The crunch came when I was persuaded to invest too much in two commodities, the prices dropped overnight and although the commodity price eventually went up, my account margin dropped too low and my deposited funds were lost. I could not talk to anyone about it initially cos I knew I've been swindled. Based on recommendation I Contactd a financiial forensicExpert (search: JohnCappa *OnTelegramm). He MadeThemReturn MyMoney and I alsoGotCompensated.
I guess the broker can be considered a decent choice especially if you are interested in stock trading, like I am. The commissions are not that low but the quality of service compensates for it IMO
Dear Green,
Thank you for your positive feedback!
You probably have heard that stocks daytrading normally starts with 25K deposits. It was important for me to invest but also have a certain degree of freedom to be able to cahnge my mind and close some positions any time. CFD trading suit the purpose. ForexTb has got an excellent variety of assets you can invest in longterm or daytrade them. The minimum deposit is not limited but I suggest starting with at least 1K.
Dear Rudi,
Thank you for sharing your positive trading experience with us and for the 5 stars rating!
Unlimitated demo is ultimative feature of this company and it can be very usefull for your trading. Yeah, I mean it can BOOST your trading, all you need is just to practice a lot. As demo is refreshable, you can always start from scratch and you can create more than one demo-account if you want to practice different strategies. So if you don't know how to start - start with the demo.
Dear Seenvik,
Thank you for your positive feedback and for the 5 stars rating!
ForexTB operates with the MetaTrder4 platform, which is the most reliable software solution nowadays. One of the main advantages is the ability to install third-party plugins for market research and analysis, Expert Advisors to deliver trading signals and trading automation tools.
Dear Kemen,
Thank you for your positive feedback! We are very happy that our tools are helpful and we are always trying to improve our platforms and add more tools.
Don't think i can say sth special. I like the brokerage, but it's a typicall CySEC regulated one, nothing uncommon. Requotes are quite rare, but spreads aren't the tighest ones. I don't know parameters by which traders are choosing brokers, but i've chosen this one by chance and i'm satisfied with it.
Dear Bud,
Thank you for your positive feedback and for choosing us as your trusted broker!
I like this broker for their good execution and a user-friendly layout of their Webtrader platform. Except for these two things mentioned above, I don't see anything special.
Dear Filip,
Thank you for your positive feedback and for the 5 stars rating!
Earlier I was used to scalping from morning till night. I should note my addiction to that trading style was stronger than profits gained by trading this way. It's because previously I often gambled on casino sites and I merely transferred that gambling approach to trading. Before getting down to real trading I read a lot of reviews about scalping and they convinced me that scalping was the only possible way to earn steadily. Of course, I also heard about long-term trading but my attempts to enter the market to hold it for weeks were unsuccessful - each time I did it the market started making wild bounces up and down and I was kicked out of the market. So, I thought that instead of hopelessly trying to spot the right entry point, I would better try scalping.
I recently joined ForexTB and this broker helped me to shift from scalping to long-term trading. This broker's spreads are quite high for scalping, so I had to shift to long-term trading. I joined this broker because I trusted the recommendation of my pal. By that time, I greatly enriched my trading knowledge and was psychologically ready to try long-term trading once again. That's very good that I made another attempt. Now I trade major currencies and gold on h1, h4, and D. I trade them following these assets in channels. Scalping exhausted me. Here you can trade in a more relaxed way.
Dear Ernest,
Thanks for your positive feedback. We are continuously working on adding more features to our app to make your experience better!
I am satisfied with my choice of broker after reading ForexTB reviews. ForexTB has a very clear website, easy to use trading terminal and excellent customer service! As a person with secondary education I had no difficulty in learning the functionality of the terminal. Yeah, it could have been worse if it wasn't for the help of the staff. The service is just perfect! Although I haven't been working here long, I can only be happy for now, as I had a hard time expecting anything to come out of my idea of trading at all. And I'm already trading at full strength. But to be honest I wanted to open a smaller deposit to begin with, although the manager suggested from the very beginning to open a bigger one not to waste time and open more trades, however I agreed and I have no regrets.
What I can point out additionally, as a beginner, is the good educational section on the website. Tutorials, video tutorials, interesting articles - all this helped me a lot as a novice trader.
Tutorials, video tutorials, and interesting articles all helped me a lot as a beginner trader.
Also the broker offers daily signals and market news for trading. I think the broker has great potential.
Dear Scott
Thank you so much for taking the time to share your experience at Forextb. We take pride in knowing our customers are happy and satisfied with our services! We are also really happy to hear that our staff is next to you where it's needed. Thanks again for keeping us posted!
First. The broker is regulated. That's the essential feature.
Second. It has an excellent repuatation record on executions. No slippages, quality quotes - no surprizes.
Third. AMD, Netflix, Modena, Amazon, even russian Gazprom - these are all extremely volatile and therefore promising stocks that you can trade here as CFDs.
Enough? Yeah, I think that's good enough to pick this particluar broker. So far I only twice did the withdrawals and both times the funds arrived within the promised time limit. In particular, it took only few hours to complete the e-wallet withdrawals. Bank wire took 3 days to arive, which is not a fantastic result, but most importantly the funds are here, that's all that matters afterall.
Dear Rinards,
Thank you for your positive feedback and for the 5 stars rating!
The first thing I checked about the brokerage is whether it's regulated. It is. CySEC. So that's good. Next I checked the website. Didn't look suspicious eiher. All the terms of service and agreemnets looked fine. Liquidity providers are mentioned, so you can expect a certain level of transparency here about quotes, spreads and executions.
As for the user experience itself - I guess I can't realy speak much of it as it al runs pretty smooth and I didn't really have a chance to contact support and see if they can deal with some complex issues (competent enough). My small reuqests to help with KYC process and questions about new account setup were answered quickly enough. This doesn't speak for some extraordinary support skills, but as I sead I dindn't have a chance to test the service in a more stressful circumstances with urgent or complicated issues (and I hope I won't have to LOL). SO far all is good to sum it all up.
Dear Amiran,
Thank you for your positive feedback and for choosing us as your trusted broker!
It seems to me that we are all looking for a broker for what is right for us. Some people need fixed spreads. For some, be sure to give access to the open market, because he has large lots.
When I started trading, I thought that every broker is universal. That the best brokers are the most famous brokers in the market. And they have the best conditions.
It turned out that each broker focuses on its own part of the market.
Someone prefers to attract scalpers with tight spreads and regular analytics. Other brokers try to reach traders who trade in the classic way. Someone allows the use of advisors and robots, while others do not.
ForexTB reviews contain a lot of information about quite impressive spreads. But here you just need to understand that each broker is looking for his ideal client. For FXTB - wealthy Europeans who know european and global manufacturers well, follow the news in the world and want to invest some of their income. In addition, the broker does not take other commissions for transactions. It's just that the broker works with a specific audience.
Dear Remo,
Thank you for your comment and for keeping us posted. If you need any help please send as an email to support-forextb@forextb.com!
It impressed me from the very beginning that the company pays attention to all the regualtory reguirements of CySEC and FCA. As far as I understand UK regulator restricts the use of crypto assets and cryptotrading to its retail traders/investors, therefore companies have to imply thee restrictions to Uk customers dispite the fact that cryptos have been a great hype recently. Perhaps this is not that importnat as trading fees and offered platforms, but i'm just trying to draw your attention to reliability and regulations of forexTb. Of course there are other advantages, but you need to have a look at the website to find out all the details. This is not a complete review.
Dear Joao,
We are glad that you are satisfied with our services and platform. Thank you for your review.
I want to tell you how I got here and give you some ForexTB reviews.
I came to Forex market to be able to manage my time and my money by myself. This is hard to achieve in a regular job. I think you know what I'm talking about. At first I thought about my own business. A grocery store. But it all required a lot of financial investment. Besides that, I had to have some knowledge, find a place to rent in the right place, and hire staff. It was all hard, so I started looking for other ways. I realized that now the main thing in the world is the Internet. You can make money with it. After much searching and thinking I realized that Forex was the best option. I started training. This work needed new knowledge and access to the Internet. That's all, nothing else.
I registered a ForexTB demo account and started to practice. I traded on Webtester at first, but then I started to trade on MT4. This is the best forex trading platform. All the pros use it.
I liked ForexTB because it had a minimum deposit of 250 euros. This is optimal for me. I like ForexTB because it has a very good minimum deposit of 250 euros. By the way, they withdraw money fast, in 24 hours.
Dear Josef,
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.
Perhaps, that's the first situation when I decided to register with a broker under an impression of reading its reviews. I can't say that I'm an emotional person but this time I somehow decided to follow ForexTB reviews that I found persuasive.
Those reviews contained one crucial thing. It had to do with regulation. I always put a strong emphasis on regulation because when a broker is regulated it's not a scam and in turn it means that I can work with it. On the other hand, it's possible to lose everything even with a regulated broker. Why not? If you are not able to analyze charts, you will undoubtedly lose. But I have gained some experience for five years, so there's some chance that I can succeed.
As of now, I can say that the broker is good. But I'm currently struggling to figure out where EUR/USD will go. It's a very cunning pair. I think that USD/JPY is much simpler in this regard. I appreciate their Webtrader because it provides easy access to assets in the left menu. That's what I need because I actively trade many different assets throughout the day.
Dear Kogan,
Thanks for your positive feedback. We are continuously working on adding more features to our app to make your experience better!
I can't separate this brokerage company from its web platform Webtrader. I do enjoy trading on this platform. I heard that this brokerage company has several side projects with a similar web design and the same web platform Webtrder. However, it doesn't matter so much for me now. I joined exactly this broker after I tried Webtrader on their site, namely in the Trade section. It was interesting to see that the platform was fully clickable, so I could assess all the navigation elements there without registration. Of course, I couldn't click on sell and buy buttons. It's possible to do only being a registered user, however, it was all enough to assess the functionality of the platform. I noted that it was much easier to use than anything I tried before. Perhaps, one could criticize it for no custom indicator support, but on the other hand not every trader needs custom indicators. I personally don't require them at all and Webtrader meets any need of mine. I should also note a good choice of assets that was the final argument in favor of this broker.
Dear Gaspar
Thank you so much for taking the time to leave us such a positive review! We are truly happy that your Forextb experience is that good. Client satisfaction is our number one priority, and your review reaffirms the hard work we put in every day. We look forward in continuing to provide you with the online trading experience you deserve
I can't say that all these two years were extremely profitable for me. When I just started trading here, I was a total newbie in Forex trading and I did a lot of mistakes that I believe most of the new traders do. Averaging, scalping with no strategy, following some signals that I got for free from traders' chatrooms and youtube...
Yet, I've changed my approach completely last year. I read some books like "One Good Trade" and started developing a trend-following system that I currently both trade live but keep optimizing to get even better results.
During the last year I've withdrawn the money 3 times and each time I had absolutley no issues with my withdrawals, which I'm grateful for. I know its normal when the broker gives you your earned money fine, but you know, traders are often afraid of scam when they choose a broker, so that's the ony reason why I'm emphasizing the safety of withdrawls here.
I've never had a reason to be displeased with customer service as well. They are always online ready to help with any issues that might arise. Very nice environment for safe and fingers crossed profitable trading.
Dear Malkhaz,
Thank you for sharing your positive trading experience with us and for the 5 stars rating!
Answer: Dear Tomazh Forex TB Limited is a Cypriot investment firm authorized and regulated by the Cyprus Securities and Exchange Commission under CIF license number 272/15.
Answer: They offer lower spreads and other privileges. For example, with a Gold account you can count on one free withdrawal a month, while Platinum users can make three free withdrawals for this period.
Answer: Dear Izaiah C. Please visit our website on https://www.forextb.com/eu/ where you can find several educational tools concerning your trading experience.
Answer: Dear Enzo, Here's IOS and Android app available, and also you can use the web version of our platform on your phone
Answer: Dear Aiden, Thank you for taking the time to write feedback about ForexTB. You can read about the compensation funds on our website( https://www.forextb.com/eu/terms-and-conditions/investor-compensation-fund/). If you have any questions regarding our services, please contact us at support-forextb@forextb.com and one of our agents will contact you.
Answer: In order to install custom indicators go to File-Open Data Folder-MLQ4-Indicators. Copy downloaded indicators with EX4 extension to the Indicators folder. Close the folder and restart the platform. Now you can use your custom indicators. To create indicators on your own, you should use a MLQ4 kit installed alongside MT4. You can find its icon on your desktop.
Answer: To change the color of the platform, you need to click the button in the lower right corner of the trading platform next to the sun and moon icons.
Answer: Hello! We are ForexTB, a Cyprus investment firm, authorized and regulated by the Cyprus Securities and Exchange Commission with CIF license number 272/15. For any further information about the company or any other issues, do not hesitate to send us an email on support-forextb@forextb.com. Thank you.
ForexTB has a rating of 2.4 stars from 126 reviews, indicating that most customers are generally dissatisfied with their purchases. ForexTB ranks 31st among Currency Trading sites.
Dear Gustave
On behalf of ForexTB, I would like to thank you for sharing this informative review about our Brand! We are thrilled that you are satisfied with trading tools offered on our web-platform.