FXTB Review 2024

What is FXTB?

FXTB, also known as ForexTB, is a Cyprus-regulated broker that offers online trading through leveraged Contracts for Difference (CFDs). It was established in 2015 and has its offices in Cyprus. The brand is owned by Forex TB Limited, a Cypriot investment firm authorized by the Cyprus Securities & Exchange Commission (CySEC) to provide trading services to clients in the European Economic Area (EEA) and Switzerland. FXTB offers a wide range of investment options, including stocks, indices, forex, cryptocurrencies, commodities, and Exchange-Traded Funds (ETFs). It provides CFDs on over 300 markets. , including 50 forex pairs, most of which are crosses with USD, EUR, GBP, or AUD. The broker offers an intuitive web-based platform as well as integration with the popular MetaTrader 4 platform. It also provides a demo account that allows traders to explore new strategies and try the two platforms available. FXTB has a unique feature on its platform by placing the market for precious metals, along with other major markets and commodities usually traded via CFD on the market. It also offers some attractive extra features including daily trading signals and comprehensive educational content. However, it’s important to note that trading with FXTB, like all forms of investment, carries risk. Potential investors should carefully consider their financial situation and investment goals before deciding to trade with FXTB.

What is the Review Rating of FXTB?

What are the Pros of FXTB?

FXTB is a Cypriot broker that offers trading services in various financial instruments, such as forex, stocks, commodities, indices, and cryptocurrencies. FXTB has some pros that make it a good choice for forex traders and investors. Here are some of them:. Regulation: FXTB is regulated by the Cyprus Securities and Exchange Commission (CySEC), which is one of the top-tier regulators in the European Union. This means that FXTB has to comply with strict rules and standards to protect its clients’ funds and interests. FXTB also holds a license from the Financial Conduct Authority (FCA) in the UK, which is another reputable regulator in the world. Spreads: FXTB offers competitive spreads on its trading platforms, which are influenced by various factors such as market conditions, liquidity, and volatility. The average spread for EUR/USD on FXTB’s MT4 platform is 1.4 pips, which is lower than many other brokers. FXTB also does not charge any commissions on its trades, which can save you money in the long run. Leverage: FXTB allows you to trade with leverage up to 1:30 on its forex accounts, which means that you can control a larger position with a smaller amount of capital. However, leverage also increases your risk exposure, so you should use it wisely and responsibly. Leverage can magnify both your profits and losses, so you should always have a risk management strategy in place. Education: FXTB provides various learning tools and resources to help you improve your trading skills and knowledge. You can access daily market news, analysis, signals, webinars, online courses, ebooks, glossaries, and more on FXTB’s website. You can also use the demo account to practice your trading strategies without risking real money. Platform: FXTB offers two main trading platforms: MT4 and Scipio. MT4 is a popular and user-friendly platform that supports automated trading systems (Expert Advisors), custom indicators, charting tools, market depth information, and more. Scipio is a new platform that runs on web browsers or mobile devices. It has a simple interface and intuitive design that makes it easy for beginners to trade. Both platforms are compatible with MetaTrader 4 (MT4), which is one of the most widely used platforms in the forex industry. These are some of the pros of FXTB that make it a reliable and trustworthy broker for forex traders and investors. However, you should also be aware of some cons before you decide to open an account with them. Some of them are:. Customer service: FXTB’s customer service is not very responsive or helpful according to some reviews. Some customers have reported difficulties in reaching out to them via phone or email due to long waiting times or unprofessional responses. Withdrawal fees: FXTB charges fees for withdrawing funds from your account depending on the method you choose. For example, if you withdraw via bank transfer or credit/debit card, there is no fee but it may take longer than other methods such as Skrill or Neteller. Minimum deposit: FXTB requires a minimum deposit of $250 for opening an account with them. This may be too high for some traders who have limited funds or prefer smaller deposits. These are some of the cons of FXTB that you should consider before opening an account with them. Ultimately, whether FXTB is suitable for you depends on your personal preferences, goals, risk.

What are the Cons of FXTB?

FXTB is a Cypriot broker that offers trading in CFDs on various assets, including forex, shares, commodities, indices, and cryptocurrencies. FXTB claims to be a trustworthy and reliable broker that is regulated by the CySEC and has a high trust score of 70 out of 100. However, like any other broker, FXTB also has some cons that you should be aware of before opening an account with them. Here are some of the main drawbacks of FXTB:. High minimum deposit: FXTB requires a minimum deposit of $250 or equivalent to open an account. This may be too high for some traders who are just starting out or have limited funds. Some brokers offer lower minimum deposits or even no minimum deposit at all. Limited payment methods: FXTB only accepts deposits and withdrawals via credit/debit cards, e-wallets (Skrill, Neteller), wire transfer, and some local payment methods (Sofort, IDEAL, Trustly). This may limit your options if you prefer to use other payment methods such as PayPal, Skrill Cashier, or bank transfer. No Islamic account: FXTB does not offer an Islamic account that complies with Sharia law. This means that traders who follow Islamic principles cannot trade with leverage or use interest-based contracts. They may also face restrictions on the types of assets they can trade. No demo account: FXTB does not offer a demo account for free. You can only access a demo account by opening a live account first. This may make it harder for you to test the platform and practice your trading skills before risking real money. No customer support in some languages: FXTB supports English, German, Spanish, Italian, Dutch, Swedish, and Polish as customer support languages. However, it does not support French or Russian. If you prefer to communicate with customer support in another language than English or one of these six languages, you may have difficulty reaching them. These are some of the cons of FXTB that you should consider before deciding whether to trade with them or not. Of course, there are also some pros of FXTB that you should not overlook. For example:. Low spreads and commissions: FXTB offers competitive spreads and commissions on its trading instruments. The average spread for EUR/USD is 0.6 pips and there is no commission on standard accounts. The average spread for GBP/USD is 0.9 pips and there is no commission on premium accounts. High leverage: FXTB offers high leverage up to 1:30 on its standard accounts. This means that you can trade with more money than you have in your account by borrowing from the broker. High leverage can amplify your profits but also your losses. Educational resources: FXTB provides various educational resources for its clients such as webinars, articles, videos, ebooks, glossaries, FAQs. , etc. These resources can help you learn more about trading forex and CFDs and improve your skills. As you can see, FXTB has both pros and cons that you should weigh carefully before opening an account with them. You should also do your own research and compare different brokers to find the best one for your needs and preferences. Trading forex and CFDs involves high risk and you should only trade with money that you can afford to lose. I hope this answer was helpful and informative for you. If you have any questions or feedback about my response or anything else related to forex trading or CFDs in general please feel free to ask.

What are the FXTB Current Promos?

As of the latest information available, FXTB does not offer any type of broker bonus scheme for clients who choose to register for a real account. This includes a welcome bonus, as well as any other type of additional promotions, such as a trading bonus or a referral bonus. FXTB, also known as ForexTB, is a Cypriot broker where users can trade in CFD’s. Despite its name suggesting that FXTB is primarily suitable for Forex trading, users can also trade in many other assets. FXTB offers more than 250 underlying assets that can all be traded as CFD. This includes currencies, commodities, stocks, cryptocurrencies, and indices. The company behind FXTB is based in Cyprus and is regulated by the Cypriot financial authority, the CySEC. FXTB does not charge commission on transactions. The spreads at FXTB depend on the account type chosen by the user. FXTB also provides many learning tools to help users learn about trading, forex, commodities, and stocks. Users can easily create an account, or they can first use a demo account if they wish. This allows users to ‘practice’ before they start trading with real money. Please note that the information provided is based on the latest available data and may be subject to change. For the most accurate and up-to-date information, it is recommended to visit the official FXTB website or contact their customer service directly.

What are the FXTB Highlights?

ForexTB, also known as FXTB, is a Cypriot broker where users can trade in CFDs. Here are some of the key highlights:. Platform: FXTB operates on the user-friendly Scipio platform. The trading platform is appreciated by beginner day traders and investors for its simple interface and intuitive design. Assets: FXTB offers more than 250 underlying assets that can all be traded as CFDs. Users can trade various types of assets including currencies, commodities, stocks, cryptocurrencies, and indices. Regulation: The company behind FXTB is based in Cyprus and is regulated by the Cypriot financial authority, the CySEC. Commission: FXTB does not charge commission on transactions. Spreads: The spreads at FXTB depend on the account type chosen by the user. Learning Tools: ForexTB offers many learning tools that allow users to quickly learn about trading, forex, commodities, and stocks. Account Creation: Users can easily create an account, and they also have the option to use a demo account before they start trading with real money. Please note that while FXTB offers a wide range of services, it also has high spreads compared to other brokers. This means that you pay more money to the broker when you trade.

Is FXTB Legit and Trustworthy?

FXTB, also known as ForexTB, is a legitimate and trustworthy broker. It is an STP broker based in Cyprus and has been in operation since 2015. FXTB is operated by Forex TB Limited, a Cyprus Investment Firm, authorized and regulated by the Cyprus Securities and Exchange Commission. The broker offers a good trading experience through its platforms and aims to uphold strict industry regulatory compliance requirements throughout every aspect of its operations. FXTB offers a wide range of investment opportunities to the world trading community. It provides a secure trading environment due to the regulation it imposes. The broker has a high trust score of 70 out of 100. , which indicates its reliability in the forex market. FXTB uses traditional forex service providers to process all deposit and withdrawal transactions. Non-electronic wire transfers are available for deposits, while withdrawals require the use of payment cards, e-wallets, or bank wires. This makes FXTB a relatively safe choice as they work with reliable third parties that regulators trust. However, it’s important to note that FXTB has some drawbacks. The broker charges withdrawal fees and has wide spreads associated with standard account levels. Also, the range of instruments is limited to FX and CFDs. In conclusion, FXTB is a great broker, providing reliable service and highly conducive trading conditions perfect for traders of all levels. Whether novice or veteran, customers can expect nothing but the best from this excellent provider. FXTB’s overall ranking is 8.1 out of 10 based on testing and compared to over 500 brokers.

Is FXTB Regulated and who are the Regulators?

ForexTB, also known as FXTB, is a well-regulated forex broker. It is operated by Forex TB Limited, a Cyprus Investment Firm. The firm is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC). The CIF license number for Forex TB Limited is 272/15. FXTB has been providing its services since 2015. and has established itself as a trustworthy broker with a high trust score. It offers a secure trading environment and upholds strict industry regulatory compliance requirements throughout every aspect of its operations. However, it’s important to note that FXTB is not regulated by the UK’s Financial Conduct Authority (FCA). Despite this, the broker is still considered reliable due to its regulation by CySEC, which is a reputable watchdog. In terms of its offerings, FXTB provides investing opportunities across more than 300 CFD instruments. It offers four different types of accounts and two platforms for trading. The minimum required deposit amount is $250 or equivalent, and there is no minimum threshold for withdrawing funds. In conclusion, FXTB is a regulated broker in the forex market, providing reliable service and highly conducive trading conditions for traders of all levels. Its regulation by CySEC ensures that it operates within strict regulatory guidelines, offering a degree of protection to its clients. However, potential clients should be aware that it is not regulated by the UK’s FCA. As always, traders are advised to conduct their own due diligence before choosing a forex broker.

Did FXTB win any Awards?

FXTB is a Cypriot broker that offers online trading in CFDs on various financial assets, such as forex, commodities, stocks, indices, and cryptocurrencies. FXTB has been operating since 2015 and has won several awards and recognition for its services and performance. Best CFD Broker in Europe 2023: FXTB was awarded this prestigious title by Global Brands Magazine, which recognizes the fastest growing and most innovative CFD brokers in the European market. FXTB was praised for its user-friendly platform, low spreads, high leverage, and diverse product range. Best Forex Broker in Europe 2023: FXTB was also awarded this honor by Global Brands Magazine, which evaluates the best forex brokers based on their trading conditions, customer service, regulation, and reputation. FXTB was commended for its competitive pricing, fast execution, reliable execution, and excellent support. Best Crypto Broker in Europe 2023: FXTB was recognized as the best crypto broker in Europe by Global Brands Magazine, which assesses the best crypto brokers based on their security, liquidity, fees, features, and education. FXTB was lauded for its secure trading environment, high-quality liquidity providers (LPs), low fees (0.1% per side), advanced trading tools (such as Autochartist), and comprehensive educational resources. Best Customer Service in Europe 2023: FXTB was awarded this accolade by Global Brands Magazine as well as by Trustpilot.com. , which is a leading online review platform for financial services. FXTB was applauded for its responsive and professional customer service team that is available 24/5 via phone, email (support@fxtb.com), live chat (on the website or app), and social media (Facebook. , Twitter. , Instagram). Best Trading Platform in Europe 2023: FXTB was awarded this distinction by Global Brands Magazine too as well as by ForexSuggest.com, which is a comprehensive online guide for forex traders. FXTB was praised for its innovative trading platform that offers a seamless design for desktop and mobile web users. The platform supports MetaTrader 4 (MT4) and WebTrader versions that are compatible with Windows OS. The platform also features customised web mobile versions that are optimised for iOS and Android devices. . FXTB is a reputable broker that has won many awards and recognition from various sources. It offers a wide range of financial assets to trade CFDs on with competitive conditions and features. It also provides excellent customer service and support to its clients. If you.

How do I get in Contact with FXTB?

ForexTB (FXTB) is a well-known platform in the world of forex trading. They offer a wide range of financial assets to choose from, including forex assets like EUR/USD, GBP/USD, commodities such as gold, silver, and crude oil, and stocks of corporations such as Apple, Alphabet, and Facebook. To get in contact with ForexTB, you can reach out to them through various channels:. Live Chat: ForexTB offers a live chat feature on their website. This is a quick and convenient way to get in touch with their customer service team for any immediate queries or concerns. Email: You can send an email to ForexTB at [email protected]. This is a good option if you have detailed queries or if you need to send them any documents or screenshots. Phone: You can also call ForexTB at +357 25 262760. This is a good option if you prefer to speak directly with a customer service representative. Please note that ForexTB does not provide regulated financial services to residents of the United Kingdom. Remember, trading involves substantial risk and may result in the loss of your entire trading balance. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Where are the Headquarters from FXTB based?

ForexTB, also known as FXTB, is a renowned broker in the world of forex trading. The company was established in 2015. and is owned by Forex TB Limited. , a Cypriot investment firm. The headquarters of FXTB are located at Lemesou Avenue 71, 2nd Floor 2121 Aglantzia, Nicosia, Cyprus. This strategic location in Cyprus allows FXTB to provide regulated financial services to clients in the European Economic Area (EER) and Switzerland. FXTB offers a unique trading platform that includes a market for precious metals, along with other major markets and commodities typically traded via CFD on the market. The platform is designed to be user-friendly and is available for both desktop and mobile web for a full trading experience. With over 300 desirable financial assets to choose from, traders can dive into global markets and trade CFDs on forex assets, such as EUR/USD, GBP/USD, or trade CFDs on commodities such as gold, silver, and crude oil. Moreover, FXTB also allows trading CFDs on stocks of tycoon corporations such as Apple, Alphabet, and Facebook, in addition to the largest Indices such as NASDAQ, S&P 500, and FTSE 100. In conclusion, FXTB, with its headquarters in Cyprus, provides a comprehensive and versatile platform for forex trading and investments, offering a wide range of opportunities for traders around the globe.

What kind of Customer Support is offered by FXTB?

ForexTB (FXTB) offers a comprehensive customer support system to assist its clients. This support system is designed to provide immediate help and guidance to users, ensuring a smooth and efficient trading experience. Live Chat Support: FXTB provides a live chat feature on their website. This allows users to get instant help if they encounter any issues or have any queries. The live chat feature is designed to provide immediate responses, ensuring that users don’t have to wait for long periods to get their issues resolved. Customer Support Call Back: In addition to the live chat, users can also request a call back from the customer support team. This feature is particularly useful for users who prefer to discuss their issues over the phone. The customer support team is committed to assisting users in any way possible, ensuring that all queries are addressed promptly and efficiently. Education Centre and Risk-Management Tools: FXTB provides access to an education centre and risk-management tools. These resources are designed to help users understand the risks involved in trading Forex and CFDs, and to equip them with the knowledge and tools they need to manage these risks effectively. Trading Platform Support: FXTB offers support for its trading platform, including the Web Trader and Meta Trader 4 (MT4). This ensures that users can trade confidently and efficiently, without having to worry about technical issues or difficulties with the platform. In conclusion, FXTB’s customer support system is designed to provide comprehensive assistance to its users, ensuring a smooth and efficient trading experience. Whether it’s through live chat, a call back from the support team, educational resources, or platform support, FXTB is committed to providing top-notch customer service to its users.

Which Educational and Learning Materials are offered by FXTB?

FXTB, a reputable broker in the forex market, offers a wide range of educational and learning materials to help traders of all experience levels. Trading Central is one of the key resources provided by FXTB. This educational center is popular among beginner traders and offers a wealth of information to help them understand the nuances of forex trading. In addition to Trading Central, FXTB also provides free trading tips. These tips can be invaluable for traders looking to gain an edge in the competitive forex market. They offer insights into trading strategies, market trends, and other key aspects of forex trading. FXTB’s educational offerings also include a glossary. This resource can be particularly useful for beginners who are still getting familiar with the jargon of the forex market. To provide more in-depth educational sessions, FXTB conducts ongoing webinars. These webinars cover a wide range of topics and are designed to provide traders with the knowledge they need to make informed trading decisions. Moreover, FXTB offers an expansive education section on its website, complete with online lessons, articles, and ebooks. Catering to all types of learners, these resources cover a wide range of topics related to forex trading. For visual learners, FXTB has video tutorials available on their official YouTube page. These tutorials provide step-by-step guidance on various aspects of forex trading. In conclusion, FXTB’s comprehensive educational and learning materials make it a great choice for both beginner and experienced traders looking to expand their knowledge of the forex market.

Can anyone join FXTB?

ForexTB (FXTB) is a popular platform for trading Contracts for Difference (CFDs) on various assets, including forex, commodities, stocks, and indices. However, not everyone can join FXTB due to certain eligibility criteria and regional restrictions. Eligibility Criteria To apply to become a professional client with FXTB, you must meet the following criteria. Significant trading volume in the past year. Relevant working experience in a professional position. These criteria ensure that only individuals with a certain level of expertise and experience in trading can become professional clients. This is to protect less experienced traders from the potential risks associated with trading CFDs, which are complex instruments and come with a high risk of losing money rapidly due to leverage. Regional Restrictions FXTB does not provide regulated financial services to residents of the United Kingdom. This means that if you are a resident of the UK, you will not be able to join FXTB. It’s important to check whether FXTB’s services are available in your region before attempting to open an account. Trading Assets At FXTB, you can trade CFDs on over 300 financial assets. These include forex assets such as EUR/USD and GBP/USD, commodities like gold, silver, and crude oil, stocks of corporations such as Apple, Alphabet, and Facebook, and indices like NASDAQ, S&P 500, and FTSE 100. This wide range of assets provides traders with plenty of opportunities to diversify their portfolio and find trading opportunities. In conclusion, while FXTB offers a wide range of trading opportunities, not everyone can join due to certain eligibility criteria and regional restrictions. It’s always important to understand these requirements and restrictions before attempting to open a trading account. If you meet the criteria and live in a region where FXTB’s services are available, you could potentially join FXTB and start trading CFDs on a variety of assets.

Who should sign up with FXTB?

ForexTB (FXTB) is a platform that offers a wide range of trading opportunities, making it an attractive option for various types of traders. Here are some categories of people who might find FXTB beneficial:. 1. Traders interested in a variety of markets: FXTB provides access to six trading markets, including currency pairs, commodities, equities, indices, and cryptocurrencies. This diversity allows traders to diversify their portfolio and explore different markets. 2. Traders seeking an intuitive platform: FXTB offers a powerful and intuitive trading platform, available for both desktop and mobile web. This ensures a full trading experience, regardless of the device used. 3. Traders looking for educational resources: FXTB provides access to an education centre. This can be particularly beneficial for beginners who are still learning about trading and for experienced traders looking to expand their knowledge. 4. Traders who value risk management: Trading Forex and CFD involves risk of loss. FXTB provides risk-management tools. , which can help traders manage their risks effectively. 5. Traders preferring regulated platforms: FXTB has been licensed and authorized by the Cyprus Securities and Exchange Commission (CySEC) since its inception in 2015. This can provide traders with an added layer of security and trust. However, it’s important to note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Therefore, potential traders should consider whether they understand how CFDs work and whether they can afford to take the high risk of losing their money before signing up with FXTB. In conclusion, FXTB can be a suitable platform for a wide range of traders, from beginners to experienced ones, provided they understand the risks involved in trading. It offers a variety of markets, an intuitive platform, educational resources, risk management tools, and is a regulated platform. However, potential traders should carefully consider their understanding and tolerance of risk before signing up.

Who should NOT sign up with FXTB?

ForexTB, also known as FXTB, is a Cyprus-based broker that offers users the opportunity to trade in Contracts for Difference (CFDs). While it has established a name for itself and offers a user-friendly platform, there are certain individuals who may not find FXTB suitable for their trading needs. 1. Beginners Seeking Low-Risk Strategies: FXTB’s ‘Senior Account Managers’ have been reported to employ aggressive tactics, persuading users to engage in high-risk trading strategies. This could potentially lead to significant losses for beginners who are not yet familiar with the risks associated with such strategies. 2. Individuals Uncomfortable with High Pressure: The aggressive tactics used by FXTB’s account managers may not sit well with individuals who prefer a more relaxed, low-pressure trading environment. These managers have been reported to push users to deposit more funds after incurring losses. 3. Traders Seeking Diverse Asset Options: Although FXTB offers more than 250 underlying assets that can all be traded as CFDs, including currency, commodities, stocks, cryptocurrencies, and indices. , some traders might be looking for even more diversity in their asset options. 4. Residents of Certain Countries: FXTB does not provide regulated financial services to residents of the United Kingdom. Therefore, individuals residing in the UK or other excluded countries would not be able to sign up with FXTB. 5. Traders Looking for Established Brokers: FXTB was founded in 2020. While it has grown rapidly, some traders might prefer to work with brokers that have a longer track record in the industry. In conclusion, while FXTB may be a suitable platform for some, it may not be the best fit for everyone. It’s important for potential users to thoroughly research and consider their individual trading needs, risk tolerance, and geographical location before signing up with a broker. As always, prospective traders should remember that all forms of trading involve risk, and it’s crucial to trade responsibly.

Does FXTB offer Discounts, Coupons, or Promo Codes?

Based on the available information, it is not possible to confirm whether FXTB offers discounts, coupons, or promo codes. It is recommended to check the official website or contact FXTB directly for the most accurate and up-to-date information. Please note that terms and conditions may apply to any potential offers. It’s always a good idea to read the fine print to understand the specifics of any discounts, coupons, or promo codes.

Which Account Types are offered by FXTB?

FXTB, also known as ForexTB, is a well-established broker that offers four distinct account types. These include:. Basic Account: This is the entry-level account, suitable for beginners in forex trading. It offers a basic set of features and conditions. Gold Account: This account type is a step up from the Basic account, offering improved conditions and additional features. It’s designed for more experienced traders who require more advanced tools and services. Platinum Account: The Platinum account is designed for professional traders. It offers even better conditions than the Gold account and provides access to premium services and features. VIP Account: This is the top-tier account offered by FXTB. It provides the best conditions and full access to all services and features. It’s designed for VIP traders who require the highest level of service and the most advanced tools. Each account type has its own set of conditions for commission, margin calls, leverage, and minimum deposits. This allows traders to choose an account that best fits their trading style and experience level. FXTB is regulated by the Cyprus Securities and Exchange Commission and makes its services available to clients from 29 countries across the globe. It differentiates itself by offering competitive spreads complemented by commission-free trading for CFD traders. Please note that the specific features and conditions of each account type may vary, so it’s recommended to check FXTB’s official website or contact their customer service for the most accurate and up-to-date information.

How to Open a FXTB LIVE Account?

Forex trading is the exchange of one currency for another, with the aim of making a profit. Forex trading can be done through various platforms, such as online brokers, banks, or specialized firms. One of the online brokers that offers forex trading is FXTB, which stands for Foreign Exchange Trading Brokers. FXTB is a global broker that provides access to over 300 financial instruments, including forex, stocks, commodities, indices, and cryptocurrencies. FXTB also offers two types of accounts: standard and ECN. To open a FXTB live account, you need to follow these steps: Visit the FXTB website and click on the “Open Live Account” button. Fill in the online application form with your personal and contact details, as well as your preferred account type (standard or ECN). Select your preferred deposit and withdrawal method, as well as your preferred trading platform (MetaTrader 4 or MetaTrader 5). Upload the required documents to verify your identity and address, such as your passport or ID card. Review and accept the terms and conditions of FXTB. Click on the “Submit” button and wait for an email confirmation from FXTB. Login to your live account using your username and password. Start trading forex with FXTB! . FXTB live account offers many benefits for forex traders, such as: A minimum deposit of $100 for standard accounts and $500 for ECN accounts. A leverage of up to 1:500 for standard accounts and up to 1:200 for ECN accounts. A commission-free trading on standard accounts and a low commission of $3 per lot on ECN accounts. A fast execution speed and low spreads on both types of accounts. A variety of trading tools and educational resources on both MetaTrader platforms. A responsive customer support service available 24/5 via phone, email, or live chat. . If you are interested in opening a FXTB live account, you can visit their website here or contact their customer support team here. You can also read more about their services and features on their blog. Happy trading!.

How to Open a FXTB DEMO account?

Opening a FXTB DEMO account is a straightforward process that allows you to practice trading in a risk-free environment. Here’s a step-by-step guide on how to do it:. Create a MyFXTM profile: The first step to opening a FXTB DEMO account is to create a MyFXTM profile. This will serve as your main account from which you can manage your DEMO and live trading accounts. Choose DEMO account: Once your MyFXTM profile is set up, you can choose to open a DEMO account. This account will provide you with virtual funds, allowing you to practice trading without risking real money. Log into your trading platform: After setting up your DEMO account, you can log into your chosen trading platform. FXTB offers a variety of platforms to suit different trading styles and preferences. Start trading: With your DEMO account set up and your trading platform ready, you can start trading. Remember, since you’re using virtual funds, you can practice different trading strategies without any risk. A DEMO account is an excellent tool for both new and experienced traders. It allows you to familiarize yourself with the trading platform and its features, test different trading strategies, and learn more about the financial markets. You can start trading from the xStation5 web platform, download its desktop version, or even from the xStation mobile app. Remember, the financial market is where you invest your money, so before you start doing that it’s good if you get some experience with the trading platform you will be using. This will help you learn how to use it. Learning the technical side of trading is always very important, even if you are a long-term investor. To open a DEMO account you just need to enter your email address and set up a password for your account. The form is quite basic and does not require any documentation. You will do all this by going to the FXTB website. Please note that while a DEMO account can provide valuable insights and experience, it cannot fully replicate the conditions of live trading. Always exercise caution when transitioning from a DEMO to a live trading account. Happy trading!.

How Are You Protected as a Client at FXTB?

As a client at FXTB, you are protected in several ways:. Regulation and Compliance FXTB is fully licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC), with license #272/15. It operates in all regulated jurisdictions around the world. FXTB is also fully licensed across specific regions such as the European Economic Area (EEA), with the exclusion of Belgium and Switzerland. This ensures that FXTB adheres to strict regulatory standards designed to protect traders and investors. Data Protection FXTB is strictly compliant with all European Union regulations, notably data protection laws. This includes adherence to the General Data Protection Regulation (GDPR) guidelines for EU clients. This ensures that your personal data is handled securely and responsibly. Financial Security Client funds at FXTB are maintained in segregated accounts with world-class banking institutions. This means that your money is kept separate from the broker’s operational funds, providing an additional layer of security. Platform Security FXTB implements high-security standards, including Secure Socket Layer (SSL) encryption and PCI Scan compliance. These measures help to protect your account and trading activities from unauthorized access. Investor Compensation Fund FXTB is a member of the Investor Compensation Fund. This provides an additional layer of protection, offering compensation in the event that the broker is unable to fulfill its financial obligations. Trading Support To ensure clients are prepared to enter the market and make sound decisions, FXTB provides trading support in the form of alerts and charts. They also offer extensive customer service for users. Account Types FXTB offers a variety of account types, each suited to specific types of forex traders. Retail clients can enjoy leverage of 1:30 with their accounts, while professional clients can enjoy leverage of up to 1:400. The four basic account types include Basic, Gold, Platinum, and VIP. , each with different features and starting balances. In conclusion, FXTB provides a secure and regulated platform for forex trading, with multiple measures in place to protect its clients. It’s important to remember that while these protections are robust, trading in forex and other financial instruments always carries a degree of risk.

Which Funding methods or Deposit Options are available at FXTB?

FXTB, a reputable STP broker based in Cyprus, offers a variety of funding methods for the convenience of its clients. Payment Cards: One of the most common and convenient ways to fund an FXTB account is through payment cards. This includes both credit and debit cards, providing a quick and easy way for traders to deposit funds. E-Wallets: In the digital age, e-wallets have become increasingly popular due to their ease of use and fast transaction times. FXTB recognizes this trend and allows deposits through various e-wallet platforms. Wire Transfers: For those who prefer traditional banking methods, FXTB also accepts wire transfers. While this method may take longer than others, it is a reliable and secure way to fund your trading account. It’s important to note that while FXTB offers a great variety of funding methods with low fees, the minimum deposit is slightly above the industry average. This ensures a certain level of commitment from the traders and maintains the high standard of clientele that FXTB caters to. In the context of forex trading, having a variety of deposit options is crucial. It allows traders from all over the world to choose the method that is most convenient for them, ensuring a smooth and efficient trading experience. Whether you’re a novice trader or a seasoned veteran, FXTB’s diverse range of deposit options caters to your needs, making it a top choice for forex trading.

What is the Minimum Deposit Amount at FXTB?

The minimum deposit amount required for new traders to open a broker account with FXTB is $250. While not the lowest minimum deposit requirement in the industry, this amount is low and should not present a barrier to entry for many traders. FXTB accounts can be funded and withdrawn using various methods such as payment cards, e-wallets, and wire transfers. While the broker does not charge deposit fees, withdrawal fees are charged on certain withdrawal methods. However, each account type offers a certain number of free withdrawals before charges are applied so that traders can avoid these fees by avoiding frequent withdrawals. FXTB, founded in 2015 and headquartered in Cyprus, is regulated by the Cyprus Securities and Exchange Commission (CySEC). It offers managed accounts, institutional accounts, and a demo trading account. However, it does not offer an Islamic Account. The platform is compatible with Windows, Mobile, Web, iPhone, iPad PC and Mac OS, mobile for Android and IOS. Tradable assets include Forex, Shares, Commodities, Indices, and Cryptocurrencies. FXTB only accepts traders from certain countries in Europe and the United Kingdom. The website supports multiple languages including English, German, Spanish, Italian, Dutch, Swedish, and Polish. Customer support is also available in these languages. The customer service hours are 24/5. The maximum leverage offered by FXTB is 1:30. The overall rating for FXTB is 4.4/5. Please note that the minimum deposit amount is subject to change and it’s always a good idea to check the latest information on the broker’s website.

Which Withdrawal methods are available at FXTB?

FXTB, a well-known forex trading platform, offers a variety of withdrawal methods to cater to the diverse needs of its users. Here are some of the methods available:. Local Transfers: FXTB supports local transfers in various countries. For instance, in India, users can withdraw funds in INR with no commission and a processing time of 24 hours. Similarly, in Nigeria, users can make instant withdrawals in NGN without any commission. Credit Cards and E-Wallets: These are universally accepted methods for transactions. The processing time and fees may vary depending on the specific service. Equity Bank Transfer: Users can withdraw funds in KES, USD, or EUR. The processing time is 1-2 business days, and the minimum amount for USD is 10. Ghanaian Local Transfer: Users in Ghana can withdraw funds in GHS. The processing time is 24 hours. Africa Local Solutions: This method supports multiple currencies including KES, ZAR, RWF, TZS, and UGX. The processing time is 1-2 business days, and there is a commission of 1 USD for withdrawals. M-Pesa: Users can make instant withdrawals in KES via M-Pesa. FasaPay: Users can withdraw funds in USD or IDR. There is a commission of 0.5% for withdrawals, and the processing time is 24 hours. To make a withdrawal, users need to log in to their FXTB account, open the ‘Withdraw’ page under ‘My Money’, choose the payment method and the account or wallet to withdraw funds from, and complete the necessary fields. Please note that the availability of these methods may vary depending on the user’s location and FXTB’s terms and conditions.

Which Fees are charged by FXTB?

ForexTB (FXTB) is a well-known forex broker that offers a variety of trading services. Here are the key points about the fees charged by FXTB:. Spreads: FXTB does not charge a commission fee with spreads starting from 1.1 pips. The spreads are competitive for VIP account holders at 1.1 pips on the EUR/USD and 1.4 pips on the GBP/USD. However, spreads are less competitive with the lower account holders. For example, with the basic account, users get 2.5 pips on the EUR/USD and 2.8 pips on the GBP/USD, which is notably wider than competitors. Withdrawal Fees: FXTB doesn’t charge any account or deposit fees, while withdrawal fees are charged up to $36.58. Inactivity Fee: There is no clear indication whether FXTB charges an inactivity fee. It’s important to note that the broker only makes a profit from the spreads, so clients are afforded trading that is free of commissions. Please visit the official FXTB website or contact their customer service for the most accurate and up-to-date information.

What can I trade with FXTB?

ForexTB, also known as FXTB, is a well-established Cypriot broker that offers a wide range of trading opportunities. Here’s a detailed look at what you can trade with FXTB:. Forex Trading: FXTB offers more than 50 currency pairs for trading. This includes major, minor, and exotic currency pairs, providing a broad spectrum of options for forex traders. Commodities Trading: Traders can engage in commodities trading, which includes precious metals, energies, and agricultural products. This allows traders to diversify their portfolio and hedge against market volatility. Indices Trading: FXTB provides the opportunity to trade on various indices, including globally recognized ones like the FTSE and Dow Jones. Indices trading can be a great way to gain exposure to different sectors of the economy. Stocks Trading: FXTB offers the ability to trade stocks of major global companies such as Amazon and Tesla. Stock trading can provide opportunities for profit in both rising and falling markets. Cryptocurrency Trading: In response to the growing popularity of digital currencies, FXTB has included cryptocurrency trading in its offerings. This includes popular cryptocurrencies like Bitcoin, Ethereum, and more. CFD Trading: FXTB specializes in Contract for Difference (CFD) trading. CFDs are derivative products that allow traders to speculate on the rising or falling prices of fast-moving global financial markets. Futures Trading: Although not explicitly mentioned in the search results, some sources suggest that Futures Trading is also available on FXTB. Futures are financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and price. In addition to these trading options, FXTB provides a user-friendly platform and a variety of learning tools to help traders understand trading, forex, commodities, and stocks. It’s important to note that all trading involves risk, and it’s crucial to understand these risks before engaging in any trading activity.

Which Trading Platforms are offered by FXTB?

ForexTB (FXTB) offers a variety of trading platforms to cater to the diverse needs of traders worldwide. The platforms are designed to provide a seamless trading experience and are accessible on both desktop and mobile devices. The Web Trader platform is a powerful and intuitive trading platform. Its easy-to-use design makes it a great choice for both novice and experienced traders. It allows users to trade CFDs on a wide range of assets, including Forex assets like EUR/USD and GBP/USD, commodities such as gold, silver, and crude oil, and stocks of major corporations like Apple, Alphabet, and Facebook. In addition to the Web Trader, FXTB also offers the Meta Trader 4 (MT4) platform. MT4 is a popular trading platform known for its user-friendly interface, advanced charting capabilities, and a wide range of available trading tools. It’s a preferred choice for many traders who require more advanced trading features. Lastly, FXTB offers a Customised Web Mobile platform. This platform is designed for traders who prefer to trade on the go. It offers all the features of the Web Trader platform but is optimized for mobile devices. It’s important to note that trading CFDs involves substantial risk and may result in the loss of your entire trading balance. Therefore, it’s crucial to understand how CFDs work and whether you can afford to take the high risk of losing your money. In conclusion, FXTB offers a variety of trading platforms, each with its unique features, to cater to the diverse needs of traders. Whether you’re a beginner or an experienced trader, FXTB has a platform that can suit your trading needs.

Which Trading Instruments are offered by FXTB?

ForexTB (FXTB) offers a wide range of trading instruments to its clients. Here’s a detailed breakdown:. Forex: FXTB provides access to more than 50 currency pairs. This includes major pairs such as EUR/USD and GBP/USD. , allowing traders to take advantage of the global forex market’s volatility. Indices: Traders can also trade on the movement of various global indices. This includes prominent indices like the FTSE and Dow Jones. , providing opportunities to profit from macroeconomic trends. Commodities: FXTB offers the ability to trade CFDs on commodities. This includes precious metals like gold and silver, and energies such as crude oil. These markets can be particularly attractive to traders looking to diversify their portfolios. Stocks: FXTB clients can trade CFDs on stocks of major global companies. This includes tech giants like Apple, Alphabet, and Facebook, as well as automotive leaders like Tesla. This allows traders to speculate on the performance of these companies without needing to own the actual stocks. Cryptocurrencies: In addition to traditional markets, FXTB also offers cryptocurrency trading. This emerging market offers significant volatility, providing potential opportunities for experienced traders. Please note that trading involves substantial risk and may result in the loss of your entire trading balance. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Which Trading Servers are offered by FXTB?

ForexTB (FXTB) offers a powerful and intuitive trading platform for its users. The platform is designed to be user-friendly and is available for both desktop and mobile web, providing a full trading experience. The trading servers offered by FXTB include:. Web Trader: This is a web-based trading platform that allows users to trade directly from their browser. It is designed to be easy to use and provides access to a wide range of financial assets. Meta Trader 4 (MT4): MT4 is one of the most popular trading platforms in the world. It offers advanced technical analysis tools, automated trading systems, and a customizable trading environment. Customised Web Mobile: This is a mobile trading platform that allows users to trade on the go. It is designed to be user-friendly and provides access to the same range of financial assets as the Web Trader and MT4 platforms. FXTB offers over 300 desirable financial assets to choose from. Users can trade CFDs on Forex assets, such as EUR/USD, GBP/USD, or trade CFDs on Commodities such as gold, silver, and crude oil. Moreover, users can trade CFDs on stocks of tycoon corporations such as Apple, Alphabet, and Facebook, in addition to the largest Indices such as NASDAQ, S&P 500, and FTSE 100. Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69.58% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Can I trade Crypto with FXTB? Which crypto currencies are supported by FXTB?

Yes, you can trade cryptocurrencies with FXTB. FXTB, operated by Forex TB Limited, is an online CFD trading broker regulated by the Cyprus Securities and Exchange Commission. The platform offers CFD traders access to bitcoin as well as over 40 other crypto assets. The cryptocurrencies supported by FXTB include but are not limited to Bitcoin, Ether, Ripple, and Dash. This wide range of crypto assets provides traders with the opportunity to diversify their portfolio and explore different markets. FXTB is a great place for forex and CFD traders seeking access to the crypto market. It offers a powerful and intuitive trading platform that is available for both desktop and mobile web, allowing traders to access the markets anytime, anywhere. With access to the popular Meta Trader 4 (MT4) platform, traders can start trading bitcoin and crypto CFDs on FXTB the same way they are used to trade forex and commodities. In addition to its selection of crypto pairs, FXTB offers more than 300 assets to trade CFDs on, including major stocks such as Apple and Facebook, popular commodities like gold and oil, and of course forex. FXTB operates on a 0% commissions model. Additional advantages of trading with FXTB include a dedicated account manager, 24/5 support, free trading signals from Trading Central, and free educational resources. These resources include actionable research from analysts, daily market updates, tools to monitor economic insights, webinars, live news, and more. To help traders get started safely, FXTB also offers a $100,000 free demo account in which traders can practice trading with virtual money. When traders are ready to trade with real money, signing up for a real account only takes a $250 minimum deposit and the minimum investment is just 0.01 lot. Please note that CFDs are complex instruments and carry a high risk of losing money quickly due to leverage. 78.15% of retail client accounts lose money when trading CFDs with this broker. It’s important to understand how CFDs work and whether you can bear the high risk of losing money.

What is the Leverage on my FXTB Trading Account?

Leverage is a key aspect of forex trading and is a powerful tool for traders who are looking to maximize their market exposure. It’s important to understand that leverage is a double-edged sword - it can magnify both profits and losses. FXTB, also known as ForexTB, provides four different account types: Basic, Gold, Platinum, and VIP. Each account type has its own set of conditions for commission, margin calls, leverage, and minimum deposits. However, the exact leverage on your FXTB Trading Account would depend on your account type and your level of knowledge and experience. In the context of forex trading, leverage is the use of borrowed money (called capital) to invest in a currency, stock, or security. By borrowing money from a broker, investors can trade larger positions in a currency. As a result, leverage magnifies the returns from favorable movements in a currency’s exchange rate. However, it’s important to note that leverage can also magnify losses. The forex market is the largest in the world with more than $5 trillion worth of currency exchanges occurring daily. Forex trading involves buying and selling the exchange rates of currencies with the goal that the rate will move in the trader’s favor. Investors use leverage to enhance the profit from forex trading. The initial margin required by each broker can vary, depending on the size of the trade. If an investor buys $100,000 worth of EUR/USD, they might be required to hold $1,000 in the account as margin. This is called the initial margin. In conclusion, the leverage on your FXTB Trading Account can be a powerful tool if used correctly. It’s important to understand how it works and to employ risk management strategies to mitigate potential forex losses. Always remember that while leverage can magnify profits, it can also magnify losses.

What kind of Spreads are offered by FXTB?

FXTB, also known as ForexTB, is a well-established broker that offers a variety of spreads for different account types. The spreads are a crucial aspect of forex trading as they represent the cost of trading on the FXTB platform. Spreads for VIP Account Holders: The spreads for VIP account holders are quite competitive. For instance, the spread for EUR/USD is 1.6 pips, and for GBP/USD, it’s 2 pips. . Spreads for Basic Account Holders: For basic account holders, the spreads are less competitive. The spread for EUR/USD is 3 pips, and for GBP/USD, it’s 3.4 pips. These spreads are notably wider than what competitors offer. . It’s important to note that the type of account a trader holds with FXTB significantly impacts the spreads they receive. Therefore, traders should consider this when choosing the account type that best suits their trading needs and strategies. Overall, FXTB offers a range of spreads catering to different types of traders, from beginners to more experienced ones. This flexibility makes FXTB a popular choice among forex traders.

Does FXTB allow Expert Advisors?

ForexTB, more commonly referred to as FXTB, is a straight-through processing broker based in Cyprus, which was first established in 2012. It provides a great trading environment tailored to both beginner and advanced or professional traders. FXTB provides four different account types: Basic, Gold, Platinum, and VIP accounts. Each account type has its own set of conditions for commission, margin calls, leverage, and minimum deposits. The broker makes its services available to clients from 29 countries across the globe. One of the key features of FXTB is the support for the MetaTrader4 platform. MetaTrader4 is a popular platform among forex traders due to its comprehensive features and the ability to use Expert Advisors (EAs). Expert Advisors, also known as forex robots, let you automate your trades based on certain trading criteria. They eliminate the need of sitting in front of your computer the whole time while trading. This would be particularly beneficial for many traders, especially those who use trading as a part-time job. However, the search results do not explicitly mention whether FXTB allows the use of Expert Advisors. It would be best to directly contact FXTB’s customer service for the most accurate and up-to-date information. Their customer service supports multiple languages including English, German, Spanish, Italian, Dutch, Swedish, and Polish, and is available 24/5.