Forextb.com

I like the fact that here you can always find out what is happening in the market right now – charts, analytics, price movement potential of key assets and much more – this is what makes the work better and faster. I recommend to pay attention to it.

ForexTB is a broker for longer-term trading. Due to the fact that there is no large leverage here, it eliminates the possibility of getting fast money. Because it is these that most often turn out to be a failure for the trader.
But in ForexTB, the trader immediately realizes that he can earn in the company primarily through a long-term strategy and patient attitude to trading. I think this is the right approach.

I've been trading with this broker for three months and my impression is quite positive. It executes its duties well. I mean that it ensures a hassle-free trading process. So, when I want to enter the market I do it at the price I chose. Previously, with my ex-broker I often struggled to do that because it bothered me with constant slippage and requests. Here I don't face it. That's crucial for me and I don't expect anything else from the broker such as bonuses, cashbacks, etc. If a broker is reliable enough, I can do the rest on my own.

I still think that every trader should have a good understanding of what is going on and try to understand the market, its peculiarities and mechanisms by himself.
And I think, in this company, you definitely have a chance to do that, all you have to do is to use all the opportunities.
What attractive to me besides some technical parameters is the fact that here they are educating traders. Yes, this might be some basic information, but for a beginner this all in simple words is exactly what you need to start trading from the very first days in the market and in a safe way.

I'm a very conservative trader, so I always stick with proven solutions. What offers this broker I find straightforward and trustworthy. It took me a day to analyze the broker. For this purpose, I looked through reviews online and surfed on their website. Of course, my trading experience helped me to correctly analyze the company without dispersing my attention on non-significant things.
Since I have a five-year trading experience, I skipped demo trading because it can't tell me anything. I chose Metatrader 4 and opened a Basic retail account. By the way, leverage 1:30 absolutely suits me because it greatly decreases my risks. During the test period I expected something unpleasant such as loss of connection, frequent requotes, not to mention slippage. Fortunately, I didn't face any of that.
I tested the broker for two months. After that I successfully withdrew $200 to my Neteller account.

The technical parameters are, of course, important, but you can get acquainted with them on the company's website, besides, there are no bright features here, and the main terminal of the company and MT are something that you can figure out quickly enough. So I won't emphasize here. But what became really important for me was the practical help of the company's managers. They helped me with registration, I was prompted by some features of the platform and much more…

I want to mention a very convenient trading platform at ForexTB. It is designed specifically for the comfort of traders. By the way, you can try this platform even without registering with the broker. It is enough just to open the Trade Tab.
WebTrader from ForexTB is much easier to use than the same MT4. I also like that it does not need to be downloaded and installed on my device.
And my favorite part is the technical and fundamental analysis tools at the broker. Usually, the maximum you can find on the broker's site is the Economic Calendar. But ForexTB has an exceptional service to collect news on popular assets. It is based on artificial intelligence. And it is a very convenient solution.
Also, the client receives a newsletter with analytics from ForexTB. They are based on a combination of expert research and algorithms. Thanks to this, in my opinion, the results are more accurate. In any case, I successfully use these analytics in my trading.

Every trader, who spent at least a week on the market, will confirm that study of analytics is the basis of competent trading and this is what will help to understand cause-and-effect relations in the market.
And as a rule, to keep abreast of events you have to gather information in parts on different thematic websites, which takes some time and causes some inconveniences.
And ForexTB made sure that you could concentrate more on trading and find out everything that matters right now – reviews from leading analysts, daily market analysis, competent articles on fundamental analysis – all this is available here for free, and it is very popular…

There are several parameters that my trust is based on:
– CySEC regulation. It guarantees my funds are segregated and insured if I choose to keep trading with this broker.
– the quotes have shown to come from a reliable source. They don't dfiffer from the quotes that we can see in other open sources. No spikes, no major discrepancies with other quotes sources.
– excellent executions. No slippages, no delays.
– withdrawals are flawless. Bank wire withdrawal takes 2-3 days.
My personal experience with the broker shows that this is a reliable regulated company. I can also point out that managers here are really pleasant to deal with 🙂

Frankly speaking, I have some kind of controversial opinion about this brokerage. On the one hand, the list of assets, especially of stocks, is really impressive, so you 100% would find that assets, that would help to maximize your profit. But on the other hand, 1.3 spread for EURUSD in average is quite high, at least it's higher than average. Not critical, but you would overpay 5-10%, so you decide.

Yeah, I really think so, even despite I've traded with 4 other brokers and have 5 years of experience in trading industry.
First of all, it all starts with legal info and regulations. Brokerage is regulated and, therefore, you can always be sure that your funds are safe. Moreover, in case sth went wrong – you're always free to contact CySEC in order to resolve the problem.
Secondly, the list of assets is also nice, so you can master your portfolio as you need. If you're in the beginning of trader's career, you may think that's insagnificant, but with the time you would understand the importance of diversification.
And the last point – brokerage support is always responsive, so you're very unlikely to stay with your issue alone.

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.

Honestly, if I found any flaws, I would definitely highlight them. However, in half a year of trading with this broker there was not a single thing to disappoint me. I didn't have any special expectations, I just switched from an unregulated broker to a regulated one. I was ready for the spreads to be higher, but in reality it turned out that regulated brokers also offer quite tight spreads, even tigher than offered by my prev unregulated broker. And that includes a very large list of assets, especially stocks. For me, as a long-term trader, it was important, because 60% of my portfolio is exactly stocks. The only thing that seems to me is that the broker could offer 24/7 support (as far as I understand, there is only 16/5 support here), but that is not a big deal.

As on my own, that's some kind of a typicall brokerage. I don't think there are points you would be disappointed with, but also there are almost no unique everything like everywhere: WebTrader, MT4, mobile app. I don't mean that it's bad, brokerage is just a common one and that would be okey for 90% of traders.

Reading a lot of ForexTB reviews, I've highlighted the main points that make traders choose this broker:
1. CySEC regulation. Of course, there are many regulated brokers, but that doesn't mean that we shouldn't consider regulation as an advantage at all. Of course it's still here, at least you definitely shouldn't consider unregulated brokers. Never.
2. a large choice of stocks. It's true, I was surprised that the company is constantly working to expand the list of available stocks. Of course most traders only trade Forex, but if you're like me interested in trading stocks then I think this broker has a lot to offer.
3. there is an MT4. That is also true, but the broker doesn't offer Metatrader 5, which can be seen as a disadvantage. I certainly don't think so, but still I know many traders who trade with MT5. MT4 is enough for me, as for me it's the best trading platform with wide range of instruments, including EAs.
And in general people write very true ForexTB reviews, as you can see I agree with 3 main points.

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.

Let's be honest, the broker can't offer anything revolutionary in terms of trading. But do we need this? Personally I just need to trade, diversify my portfolio and get paid on time. I don't have any other demands and in this respect the broker is okay.
Trading is organized with ECN, but I could be wrong. In any case, order execution is very fast, slippages are quite rare, I had about 20 slippages during a year of trading so I guess thats a good result.
But there is one thing I really like. If you prefer to invest not only in currencies but also in stocks, the broker offers one of the best offers on the market. You can check the full list of assets on their official website, but I will just say that it is more than other brokers I have traded with.
So I think it's a good broker, but without any significant features.

I started trading with Forextb and I had signed up to know more about them.
My broker was a great guy. However from the beginning I told him that it was my first look into trading like this and I was very apprehensive. I stressed that I wanted to take things slowly.
Hind sight is a wonderful thing.
I initially deposited 拢2000 to start the account and my broker told me I need to have at least 拢5000 to start trading. He spoke about free margin if the price goes down. And a bunch of other stuff I had no idea what he was talking about. (I am sure everyone of you is shouting right now, stop, get out, you don't know what you are doing). You could not be more correct.
Read on if you can. This does not have a happy ending.
The first stock I was introduced to was Crude oil. The certainty and the enthusiasm that the broker had that this commodity was about to drop like a stone. The second wave of lockdown was just about to arrive and the first lockdown due to Covid 19 did cause the price or Crude to drop to a -minus number.
Sadly it did not drop and my 拢5000 account needed more money to keep it safe. This carried on until I had deposited 拢110,000. When I think back at that figure I can hardly believe it came from my bank account.
If you are wondering about the money, it was the 25% tax free lump sum from my company pension.
Every stock I traded was at the suggestion of my broker. He was a great guy. Friendly charming and he became almost a friend.
The main problems came after I had made some quiet modest gains.
I was encouraged to take a test and if I passed the test I would become a professional trader with much more leverage.
I said No. Its not for me. I am definitely nowhere near a trader let alone a professional trader.
I was still introduced to his boss and he pointed out I needed to satisfy 2 of the 3 criteria to be able to take the test.
Experience. Hundreds or thousands of pounds and to prove that I had had training in market trading.
I did not meet any of the 3 so the boss said it can't happen.
The following day my broker said I have been getting on going training through him. Technically he was right. He had started to do short training sessions with me on the phone. Also he said because I live in London my home must be worth 拢4-500,000 which it is. I had been given Company Shares years ago and had held and sold those shares over the years and that apparently meets the criteria to sit a test to become a professional trader.
The test is done online with the boss on the other end of the phone to listen to concerns but in no way help with the test. I failed it twice. No big surprise there.
My broker would not let this go. He did not tell me the right answers but in the chats I could tell what I had done wrong. (Can you see what is happening) I now really wanted to pass this test. Third time is a charm. Great.
Well you would think…?
This leverage meant that basically for every $10 dollar move in the trade I would make $1000. What's not to love about being a professional trader. The problem is, I wasn't.
I'm sure you have seen the YouTube videos of the rookie mistakes all new traders make? I hadn't made all of those mistakes yet and he I am a professional trader.
Not understanding what I was doing but being talked up by my broker made me feel great. I had made some good trades and I got cocky. I started to make bigger trades and some paid off. At no time did my broker warn me that I was getting carried away.
By this time if the free margin was low I would deposit more money into the account.
Some may know how this story ends because it is a classic case of a dumbass guy who wants to trade and try and make some money.
I didn't. I lost everything. 拢110,000 plus a further 拢4000 but that last amount is the clowning glory to my experience with Forextb.
The mistakes I made was opening big trades on the Nasdaq and then as it went the other direction quickly my broker said I have to put more in the account to hedge the first trade. So there I was with four trades that balance each other out. I now knew what hedging was. If I sold any one it would cause the account to be closed.
My broker kept pushing for me to go and find more money.
At this stage there was almost 拢30,000 equity. I told my broker that I can't see a way out of this mess. I should close the account and walk away with 拢30,000.
He told me genuinely that I should not walk away from 拢80,000 losses and to think about is over the weekend.
I tried the following week but the account balance went down. The commission the charges were still being applied to every little trade I was making to try and improve the account.
I got to 拢11,000 and told my broker I was finished. I need to walk away with something. He said wait and we will talk on Monday no charges would be made. However the market moved meant that when I actually closed all trades on Monday I walked away with 拢3780.
Opened my acc with 拢2000 on 22/09/20. Closed acc 25/11/20 I lost 拢106220 in about 60 days.

I started trading with Forextb and I had signed up to know more about them.
My broker was a great guy. However from the beginning I told him that it was my first look into trading like this and I was very apprehensive. I stressed that I wanted to take things slowly.
Hind sight is a wonderful thing.
I initially deposited 拢2000 to start the account and my broker told me I need to have at least 拢5000 to start trading. He spoke about free margin if the price goes down. And a bunch of other stuff I had no idea what he was talking about. (I am sure everyone of you is shouting right now, stop, get out, you don鈥檛 know what you are doing). You could not be more correct.
Read on if you can. This does not have a happy ending.
The first stock I was introduced to was Crude oil. The certainty and the enthusiasm that the broker had that this commodity was about to drop like a stone. The second wave of lockdown was just about to arrive and the first lockdown due to Covid 19 did cause the price or Crude to drop to a -minus number.
Sadly it did not drop and my 拢5000 account needed more money to keep it safe. This carried on until I had deposited 拢110,000. When I think back at that figure I can hardly believe it came from my bank account.
If you are wondering about the money, it was the 25% tax free lump sum from my company pension.
Every stock I traded was at the suggestion of my broker. He was a great guy. Friendly charming and he became almost a friend.
The main problems came after I had made some quiet modest gains.
I was encouraged to take a test and if I passed the test I would become a professional trader with much more leverage.
I said No. its not for me. I am definitely nowhere near a trader let alone a professional trader.
I was still introduced to his boss and he pointed out I needed to satisfy 2 of the 3 criteria to be able to take the test.
Experience. Hundreds or thousands of pounds and to prove that I had had training in market trading.
I did not meet any of the 3 so the boss said it can鈥檛 happen.
The following day my broker said I have been getting on going training through him. Technically he was right. He had started to do short training sessions with me on the phone. Also he said because I live in London my home must be worth 拢4-500,000 which it is. I had been given Company Shares years ago and had held and sold those shares over the years and that apparently meets the criteria to sit a test to become a professional trader.
The test is done online with the boss on the other end of the phone to listen to concerns but in no way help with the test. I failed it twice. No big surprise there.
My broker would not let this go. He did not tell me the right answers but in the chats I could tell what I had done wrong. (Can you see what is happening) I now really wanted to pass this test. Third time is a charm. Great.
Well you would think…..?
This leverage meant that basically for every $10 dollar move in the trade I would make $1000. What鈥檚 not to love about being a professional trader. The problem is, I wasn鈥檛.
I鈥檓 sure you have seen the YouTube videos of the rookie mistakes all new traders make? I hadn鈥檛 made all of those mistakes yet and he I am a professional trader.
Not understanding what I was doing but being talked up by my broker made me feel great. I had made some good trades and I got cocky. I started to make bigger trades and some paid off. At no time did my broker warn me that I was getting carried away.
By this time if the free margin was low I would deposit more money into the account.
Some may know how this story ends because it is a classic case of a dumbass guy who wants to trade and try and make some money.
I didn鈥檛. I lost everything. 拢110,000 plus a further 拢4000 but that last amount is the clowning glory to my experience with Forextb.
The mistakes I made was opening big trades on the Nasdaq and then as it went the other direction quickly my broker said I have to put more in the account to hedge the first trade. So there I was with four trades that balance each other out. I now knew what hedging was. If I sold any one it would cause the account to be closed.
My broker kept pushing for me to go and find more money.
At this stage there was almost 拢30,000 equity. I told my broker that I can鈥檛 see a way out of this mess. I should close the account and walk away with 拢30,000.
He told me genuinely that I should not walk away from 拢80,000 losses and to think about is over the weekend.
I tried the following week but the account balance went down. The commission the charges were still being applied to every little trade I was making to try and improve the account.
I got to 拢11,000 and told my broker I was finished. I need to walk away with something. He said wait and we will talk on Monday no charges would be made. However the market moved meant that when I actually closed all trades on Monday I walked away with 拢3780.
Opened my acc with 拢2000 on 22/09/20. Closed all trades 25/11/20. I had lost 拢106,220.

I think the cryptocurrency Authoritries should look into the fraudulent activities taking place in the crypto currency word by Brokers and Account Managers. 80% of Forex , Binary and Bitcoin Brokers and Account are operating illegally all they do is to steal funds from traders , I was a victim , they convinced me into investing with them after depositing my fund they refused me access to withdraw my fund rather requesting for more deposit.It was a painful experience, fortunately I came across a broadcast talking about how Mr Richmond helped victims who lost their fund to Brokers and Account Managers , I took the opportunity and contacted Mr Richmond through the email displayed for consultation, after receiving my mails he ask for information about my trading and the Broker name ,Account manager name , the Total amount I lost and the year. I forwarded all the details to him . With their help I was able to get back the total amount I lost , the crypto security agencies mission is to make the crypto market a safe place for all traders and investors.
If you鈥檙e having difficulties in withdrawing your funds or you have lost your fund in years or months back but you still have details of the broker or account manager who stole your money kindly contact Mr Richmond he will hear you out and give you the right step to take and get back your money successfully, contact him with his email below:
[email protected], com

Education is the way how brokerage can help the beginner traders to start trading and I'm sure that good brokerage invests in education and providing free analysis. While trading is almost the same in any brokerage, supporting services are the field where brokers can show how they take the clients. And this brokerage is good in this regard.

I can't say this brokerage changed my mind about trading or about brokerage service, nope, that's rather just a common brokerage, without any points that would make you to say 'wow'! Is that good? I think yes, as we're there for trading, not for saying wow, hah. I don't like, to be fair, only one thing – there's no social trading, as well as no copy-trading or sth like this and that makes me a little upset.

In order to get a better leverage you must invest at least 0.5 million euros/dollars. I think this limiation is ridiculous.
The rest of it I think is OK. Fees are tradiional – the broker charges variable spreads. Withdrawals take less than an hour speaking of credit card withdrawals.

Totally disappointed with this broker. Don't get any tips from them. I did and I lost a lot of money. One of their employees gave me advice on several investments but in almost all of them the course went in the opposite direction to his advice.

I don't really know what's importnat for other traders. I had a commpany's reputation, regulation and spreads in mind when I opened an account here. Reputation and regulation are obviously out of question. Spreads can seem to be quite wide for some of my colleagues, but I've chosen a broker with spreads a bit above average intentionally. I think if he company really makes money with spreads only, they must be wide enough. Tights spreads are very suspicious.