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Regulated in Cyprus

FOREX TB Company

  

Forex TB Company: A Comprehensive Overview

  

1. Company Overview

  

Founding Date and Background

  Forex TB Company, also known as Forex TB Limited, was founded in 2015. The broker has positioned itself as a reliable trading platform, primarily focusing on providing services for trading Contracts for Difference (CFDs) and Forex.

  

Parent Company/Ownership Structure

  Forex TB is owned and operated by Forex TB Limited, a Cyprus investment firm. This structure allows the broker to operate under the regulations set forth by the Cyprus Securities and Exchange Commission (CySEC).

  

Headquarters Location

  The company is headquartered in Nicosia, Cyprus, specifically at Kleanthis Tower, Leme Sou Avenue 71, 2nd Floor, 2121 Aglantzia.

  

Global Business Scope

  Forex TB operates across the European Economic Area (EEA), excluding Belgium. The broker offers a wide range of financial instruments, catering to both retail and professional clients.

  

Main Regulatory Bodies

  Forex TB is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 272/15. This regulatory oversight ensures that the broker adheres to strict financial standards and practices.

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2. Company History and Development

  

Key Milestones

  Since its inception in 2015, Forex TB has achieved several key milestones, including obtaining regulatory approval from CySEC, which has significantly enhanced its credibility in the market.

  

Business Expansion Journey

  The broker has expanded its offerings over the years, increasing the number of tradable assets and improving its trading platforms. This evolution has allowed Forex TB to cater to a broader audience, including both novice and experienced traders.

  

Customer Base Growth

  Forex TB has seen steady growth in its customer base, attracting over 50,000 active traders. This growth can be attributed to its user-friendly trading platform and commitment to customer support.

  

Platform Development History

  Forex TB initially launched with the MetaTrader 4 (MT4) platform, which is widely recognized for its robust trading features. Over time, the broker has developed its proprietary WebTrader platform, providing traders with additional options for executing trades.

  

Important Awards or Recognitions Received

  While specific awards are not prominently mentioned, Forex TB's regulatory compliance and user-friendly services have earned it positive reviews from various trading communities.

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3. Trading Services Offered

  

Forex Trading Options

  Forex TB offers a diverse range of currency pairs, exceeding 50 pairs, including major, minor, and exotic currencies. This variety allows traders to engage in various trading strategies.

  

Stock Trading Options

  The broker provides access to CFDs on popular global stocks, enabling traders to speculate on price movements without owning the underlying assets.

  

CFD Trading Products

  Forex TB specializes in CFD trading, offering contracts on various assets, including indices, commodities, and cryptocurrencies. This flexibility allows traders to diversify their portfolios.

  

Other Financial Instruments

  In addition to Forex and stock CFDs, Forex TB offers trading in commodities like gold and oil, as well as a selection of cryptocurrencies, including Bitcoin, Ethereum, and Litecoin.

  

Special Services or Unique Advantages

  Forex TB distinguishes itself by offering a simplified trading platform suitable for beginners and providing free educational resources. The broker also ensures client fund protection through segregated accounts.

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Detailed Regulatory Information

  Forex TB is regulated by the following bodies:

  • Cyprus Securities and Exchange Commission (CySEC)
  • The broker operates under the MiFID II framework, ensuring compliance with European financial regulations.

  

  Forex TB Limited is registered in Cyprus and is authorized to provide services across the EEA, excluding Belgium. This regulatory framework ensures that the broker adheres to strict legal standards.

  

Client Fund Protection Measures

  Forex TB employs several measures to protect client funds, including:

  • Segregated accounts: Client funds are kept separate from the broker's operational funds.
  • Compliance with regulatory requirements: The broker is subject to regular audits by CySEC, ensuring transparency and accountability.

  

Countries/Regions Served

  Forex TB primarily serves clients within the EEA. However, it does not accept clients from the United States or certain other jurisdictions.

  

Compliance History

  Forex TB has maintained a solid compliance record since its inception. However, it has faced scrutiny typical of the industry, which emphasizes the importance of regulatory adherence.

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5. Competitive Landscape

  

3-5 Main Competitors

  Forex TB operates in a competitive market with several notable competitors, including:

  • XM Group: Known for its extensive range of trading instruments and low spreads.
  • Exness: Offers high leverage and a variety of account types.
  • IC Markets: Renowned for its low latency and tight spreads.

  

Positioning in the Industry

  Forex TB positions itself as a mid-level broker, focusing on regulatory compliance and customer service. Its offerings are tailored towards traders looking for a reliable and secure trading environment.

  

Market Differentiation Factors

  Forex TB differentiates itself through:

  • Regulatory oversight from CySEC, ensuring trust and transparency.
  • A user-friendly trading platform suitable for both beginners and experienced traders.
  • A commitment to providing educational resources and market analysis tools.

  In conclusion, Forex TB Company has established itself as a credible player in the Forex and CFD trading market. With a solid regulatory framework, diverse trading options, and a focus on customer service, it appeals to a wide range of traders. However, potential clients should consider their trading needs and preferences when choosing a broker.

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  For more information about Forex TB and its services, learn more.