FXTB (ForexTB) review and test – Is it a scam or not?
Table of Contents
Review: | Regulation: | Assets: | Spreads: | Min. deposit: |
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(2.5 / 5) | CySEC 272/15 | 200+ forex, stocks, commodities, indices, crypto | From 1.4 pips | $ 250 |
Are you looking for a trusted broker to invest your money? Then, you are in the right place, where you can learn trading and earn money. All you have to do is read this comprehensive review carefully. After reading this review, you would have got enough knowledge to decide where you should invest, and all about the ForexTB broker. Let’s spare a few minutes to start your journey by reading this worthy review.
With more than 8 years of experience in the trading industry, we tested the broker FXTB in detail. Read about the trading conditions, regulations, and platforms. Is it really worth investing your money there? – Find out in our FXTB review.
What is FXTB? – Introduction
In 2015, Forex-TB was founded and has offices in Cyprus. The brand is owned by Forex TB Limited a Cyprus investment firm and is authorized to provide trading services to clients in the European Economic Area (EEA) and Switzerland by the Cyprus Securities & Exchange Commission (CySEC). The official address of the company is Lemesou Avenue 71, 2nd Floor 2121 Aglantzia, Nicosia, Cyprus.
ForexTB is a versatile and unique trading platform that provides web trading platforms and MT4 integration to its users. It has 270 financial assets. Products include 50 forex pairs and other commodities as well. ForexTB has a very strong team behind this project which is eager to facilitate the users round the clock by providing great opportunities under one platform. Hence, it is an all-around platform for trading and investment with immense opportunities.
Facts about the company:
- Founded in 2015
- Serves hundreds of thousands of clients
- Broker from Cyprus
- Offers service to EU clients
- Online trading and investing with derivates
The best brokers for traders in our comparisons – get professional trading conditions with a regulated broker:
Broker: | Review: | Advantages: | Free account: | ||||||||
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1. Capital.com | (5 / 5) ➔ Read the review | # Spreads from 0.0 pips # No commissions # Best platform for beginners # No hidden fees # More than 3,000+ markets | Live account from $ 20: (Risk warning: 75% of retail CFD accounts lose money) Test of the FXTB trading platformFXTB is a unique trading platform in its type. As all the brokers now a day are giving trading platforms as well as teaching the users of their platforms. However, FXTB has done something unique on its platform by placing the precious metals market, along with other major markets and commodities that are mostly traded via CFD in the market. Trading has never been easy, as it has been made by ForexTB. The following platforms are offered by FXTB to start the trading journey:
Web platformFXTB has launched a web platform for its users; it is so much easy to use that even the newbie finds them comfortable with its interface. Its easy interface doubles the interest of users. On its platform, at the top left side users can find different markets and a search bar, where they can search for their desired pair. It has a language selection bar that supports 7 languages for the ease of its users. On the top right side, there is a chart of candlesticks that provides an overview of the current scenario of the selected currency pair. There is also a warning about the CFDs market volatility at the bottom of the trading section. Users can make use of certain indicators to have a better understanding of the market. MT4 trading platformOne of the most common day trading forex trading platforms is MetaTrader4 with a highly customizable data-rich environment, customers of all skill levels can trade effectively. In addition to comprehensive trading and assets records, the platform boasts over 50 technical indicators and 30 chart analysis instruments. The device is also compatible with trading algorithms that are automated. More experienced customers would tend to trade with MT4, in particular. Trade from 0.0 pips over 3,000 markets without commissions and professional platforms: (Risk warning: 75% of retail CFD accounts lose money) Mobile appMobile apps have revolutionized the modern world. FXTB has launched its mobile app to make its users able to become aware of the news and other events along with trading. It provides a flexible trading experience to trade CFDs. Its size is 86 MB and has over 50k plus downloads. It shows the growing popularity of FXTB among the public. It takes only 1 minute to download if you have a fast internet connection. After downloading the application, it asks you to log in or sign up to make an account. The users having already accounts can put their credentials to start trading. It provides live price action of all the markets that are being offered by the broker. Charting and AnalysisCharting and analysis go hand in hand to become successful in trading. FXTB has left no stone unturned to provide assistance in all forms whether in the form of technical or theatrical. It provides a series of trading education in various forms. For instance, CFDs trading tips, technical analysis, fundamental analysis, economic calendar, and leverage guides. As everyone knows, how crucial these things are for the success of a trader. Hence, FXTB provides complete guidance from trading to educating a user from scratch to becoming a pro trader. Mobile TradingDue to the increase in globalization, traveling has increased to its peak. So, the users and investors cannot stick to the screen to work and trade. Hence, mobile apps are introduced to facilitate users to do emergency and normal trading there. Mobile trading has certain following features
Trade from 0.0 pips over 3,000 markets without commissions and professional platforms: (Risk warning: 75% of retail CFD accounts lose money) Learning trade with FXTBTrading becomes easy for one having sound technical and theoretical knowledge. Many newcomers lose their hard-earned money in pursuit of making their dreams of making money due to high volatility in the market. Hence, FXTB came to rescue the newcomers by proving all the technical analysis and trading platforms to users. It has launched an education program for its users to become pro–traders. Let’s discuss the trading education offered by FXTB.
Opening an account on FXTBOpening an account is the first step to landing in the trading world. However, the account opening is not an arduous task. It takes hardly one minute to open an account after entering the proper details. One has to send its documents for the proper verification in order to avoid any inconvenience in the future. FXTB offers four types of accounts with different features: The best brokers for traders in our comparisons – get professional trading conditions with a regulated broker:
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