ForexTB is a regulated broker with a dedicated account manager that is accessible 24/7 for their users. They offer trading assets such as forex, commodities, shares and indices and provide online support in multiple languages.
ForexTB’s fees and charges are clearly laid out in its legal documentation, with minimum withdrawal amounts depending on account type, monthly inactivity fees, swap fees as well as inactivity fees all being applicable.
Leverage
ForexTB is a regulated broker offering multiple account types tailored specifically to different traders’ needs, featuring different leverage rates and spreads for each account type. Furthermore, their platform features additional tools like trading signals and economic calendars for added convenience.
Leverage is an integral element of forex trading and can have a tremendous effect on your finances. By increasing the size of your trades and expanding profit potential, leverage can also increase risk exposure and lead to losses. ForexTB offers two automatic limits: stop loss and take profit limits that help protect traders.
ForexTB is an affordable and secure broker offering exceptional customer support, including live chat available 24 hours a day and an extensive FAQ section. PCI scans and 128-bit SSL encryption help secure its transactions while firewalls provide extra protection – plus it complies with European data protection regulations!
Spreads
ForexTB is a fully licensed and regulated broker offering traders a host of features and services, such as free demo accounts, daily signals and market news feeds, trading feeds, economic calendar and an asset calculator that quickly finds spreads, swaps, trade sizes and costs in just a few clicks. Furthermore, ForexTB also provides educational resources including webinars and e-books on topics like trading strategies, risk management, capital preservation and advanced technical analysis.
FXTB provides CFDs for an array of financial instruments, with prices determined by the bid-ask spread of each instrument. Spreads depend on account type and deposit amounts; with EUR/USD spreads starting at 3.2 pips on Basic accounts and less than 1.8 on VIP ones. While ForexTB does not charge overnight fees or rollover/swap charges, potential costs associated with holding positions for longer than 24 hours should be taken into consideration.
Minimum deposit
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ForexTB provides an FAQs section and education portal with useful tools for beginning traders. Before investing money in forex trading, traders should carefully consider their investment objectives, financial situation and level of experience before investing any funds – forex trading can involve high risks of loss which may not be suitable for everyone.
ForexTB operates under European licensing and adheres to stringent regulatory requirements, while adhering to its membership in the Investor Compensation Fund (ICF). All client funds are held securely.
Customer support
FXTB offers customers a comprehensive customer support experience through email and live chat support staff available around the clock to assist clients with trading activities and answer any queries regarding its terms of service and risk disclosure policy. Customers also gain access to an assortment of trading tools and resources.
The ForexTB website is well-designed and intuitive. Featuring a sleek layout with helpful links that assist new traders, as well as being available in several languages such as German and Dutch, its user-friendly design ensures easy navigation of this comprehensive resource. Furthermore, its comprehensive FAQ page contains clear sections which make navigating simpler for newcomers.
ForexTB is licensed by the Cyprus Securities and Exchange Commission (CySEC), making them subject to strict trading regulations. Furthermore, they participate in the Investor Compensation Fund for Clients of CySEC Regulated Firms for additional protection for traders. All of this information can be found on ForexTB website along with legal documentation and risk disclaimer statements.
