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FOREX TB Forex Broker provides real users with 2 positive reviews, 3 neutral reviews and 2 exposure review!

FOREX TB Broker Review

4.94

WikiFX monitor

Risk Control

Risk Manage

Regulation

Regulated in Cyprus

FOREX TB Review 7

Latest All(7) Positive(2) Neutral(3) Exposure(2)
Neutral

FOREX TB's website looks professional and can be trusted. Unfortunately I couldn't find a demo account. I think it is necessary to provide demo accounts to users to help them avoid some losses.

FX1249644062
2023-02-20
Positive

FOREX TB seems to be a normal foreign exchange company, but after reading the user's exposure, I realized that it is a scam! Without the platform of wikifx, I would not know its true colors.

孙秀香
2023-02-16
Neutral

This forex broker offers services in Spanish, which I think is a great advantage! but the most important thing, in my opinion, is safety. I fear this company will fail us in this regard.

FX1200429457
2023-02-13
Neutral

Trading conditions are not attractive at all, I will not waste my money or time here. If you have extra investment money, I advise you to choose another broker…

CL33673
2022-11-23
Positive

In my opinion, forex is also a good broker. It provides users with the MT4 platform, but does not provide MT5. At first I thought MT4 was a worse platform than MT5, but then I found out that MT4 actually has some features that MT5 doesn't, and is completely sufficient for most traders. The conditions that forex also offers are satisfactory.

野狼34238
2022-11-21
Exposure
I was scammed a few days ago

A few days ago I thought about depositing in this broker for the "benefits" it gave and also for the supposed secure payment. It all started at the beginning of June and I decided to invest a small savings of USD 1000 that I had saved. I deposited it and everything was fine until 1 week later I wanted to withdraw because I needed that money that was savings. They denied me, the only evidence I have is their email that they don't even respond after a few days. A total scam, this is the broker.

FX3014259715
2021-07-08
Exposure
FOREX TB didn’t respect the right of withdrawal

Cyprus and the UN stipulates that the limit of the evacuation on contract is 14 days, during which, any fee won’t be charged. But FOREX TB charged a fine and withheld a portion of margin, which is seriously.

Jose Cervi
2020-05-16

  

ForexTB 2025 Review: Everything You Need to Know

  

Executive Summary

  ForexTB operates as an online CFD trading broker under the trading name of Forex TB Limited. The company positions itself as a regulated investment firm based in Cyprus. This forex tb review reveals a complex picture of a broker that offers diversified trading opportunities alongside concerning user feedback patterns that potential clients should carefully consider.

  The platform provides access to over 270 underlying assets across multiple market categories. These include forex pairs, indices, precious metals, stocks, and commodities. ForexTB distinguishes itself through its interactive and information-rich educational center, which is designed to support trader development and market understanding in a comprehensive way.

  However, user reviews present significant concerns that cannot be ignored. According to Trustpilot feedback, the broker has received criticism regarding investment promises and service delivery. Some users have reported experiences where promotional claims about earning potential did not materialize as advertised. This is particularly regarding campaigns like "Make money successfully with €250 Amazon shares."

  The broker primarily targets traders seeking diversified investment opportunities across multiple asset classes. While ForexTB maintains regulatory compliance in Cyprus, potential clients should carefully consider the mixed user feedback before making investment decisions that could impact their financial future.

  

Important Notice

  ForexTB operates as Forex TB Limited, a regulated investment firm registered in Cyprus. Users should be aware that regulatory frameworks and legal protections may vary significantly across different jurisdictions where they operate. The regulatory oversight applicable in Cyprus may not extend to clients in other regions, and local laws may impact the services available to international traders in various ways.

  This review is based on available information summaries, user feedback from platforms like Trustpilot, and publicly accessible broker documentation. We strive to provide objective analysis while acknowledging that individual trading experiences may vary considerably from the general patterns described herein. Potential clients should conduct their own research before making any investment decisions.

  

Rating Framework

Dimension Score Rating Basis
Account Conditions N/A Specific account condition information not provided in available materials
Tools and Resources 8/10 Strong offering with 270+ assets and comprehensive educational resources
Customer Service and Support N/A Detailed customer service information not available in source materials
Trading Experience N/A Specific trading experience metrics not detailed in available information
Trust and Reliability 4/10 Regulatory compliance offset by concerning user feedback patterns
User Experience 3/10 Limited positive user testimonials with notable negative feedback

  

Broker Overview

  ForexTB operates under Forex TB Limited, a regulated investment firm established in Cyprus. The company maintains its registered office at Lemesou Avenue 71, 2nd Floor 2121 Aglantzia, Nicosia, operating under Cypriot regulatory framework. As an online CFD trading broker, ForexTB focuses on providing access to diverse financial markets through contract for difference instruments that allow traders to speculate on price movements.

  The broker's business model centers on CFD trading across multiple asset categories. According to available information, ForexTB offers trading opportunities in forex pairs, market indices, precious metals, individual stocks, and various commodities. This diversified approach aims to serve traders with different market interests and risk profiles, from currency speculation to commodity investment strategies that can help build balanced portfolios.

  The platform emphasizes educational support through what is described as an interactive and information-rich educational center. This forex tb review notes that educational resources appear to be a key differentiator in ForexTB's service offering. However, specific details about the content and delivery methods are not extensively documented in available materials.

  

Detailed Information

  Regulatory Jurisdiction: ForexTB operates as a regulated investment firm in Cyprus, subject to Cypriot financial regulations. The specific regulatory license number and detailed compliance information are not specified in available documentation that we reviewed.

  Deposit and Withdrawal Methods: Specific information about payment methods, processing times, and associated fees for deposits and withdrawals is not detailed in the available source materials. Traders should contact the broker directly for this important information.

  Minimum Deposit Requirements: The exact minimum deposit amount required to open an account with ForexTB is not specified in the available information summaries. This represents a transparency gap that potential clients should address before proceeding.

  Bonus and Promotional Offers: Details about current promotional campaigns, welcome bonuses, or ongoing incentive programs are not provided in the source materials reviewed for this forex tb review. Traders interested in promotional offers should verify current availability directly with the broker.

  Tradeable Assets: ForexTB provides access to over 270 underlying assets spanning multiple market categories. These include foreign exchange currency pairs, stock market indices, precious metals like gold and silver, individual company stocks, and various commodity markets that offer diverse trading opportunities.

  Cost Structure: Specific information about spreads, commissions, overnight financing charges, and other trading costs is not detailed in the available documentation. Understanding these costs is crucial for evaluating potential profitability.

  Leverage Ratios: The maximum leverage ratios available for different asset classes and account types are not specified in the source materials. This information is essential for risk management planning.

  Platform Options: Details about the specific trading platforms offered, whether proprietary or third-party solutions like MetaTrader, are not provided in available information. Platform quality significantly impacts the trading experience.

  Geographic Restrictions: Information about countries or regions where ForexTB services are restricted or unavailable is not detailed in the source materials. Potential clients should verify service availability in their jurisdiction.

  Customer Support Languages: The range of languages supported by ForexTB's customer service team is not specified in available documentation. Multilingual support can be crucial for effective communication.

  

Detailed Rating Analysis

  

Account Conditions Analysis

  The available information does not provide comprehensive details about ForexTB's account structure, making a thorough evaluation challenging for potential clients. Without specific data on account types, minimum deposit requirements, or special features, potential clients must seek this information directly from the broker through their official channels.

  Industry standards typically include multiple account tiers with varying minimum deposits, ranging from basic accounts suitable for beginners to premium accounts offering enhanced features for experienced traders. Many brokers also offer Islamic accounts compliant with Shariah law, demo accounts for practice trading, and managed account options that cater to different client needs and preferences.

  The absence of detailed account condition information in this forex tb review represents a transparency concern. Reputable brokers typically provide clear, accessible information about their account offerings, fee structures, and eligibility requirements that help clients make informed decisions. Potential clients should request comprehensive account documentation before making deposit commitments.

  Account opening processes vary significantly among brokers, with some offering streamlined digital onboarding while others require extensive documentation and verification procedures. The efficiency and user-friendliness of these processes significantly impact the overall client experience and satisfaction levels.

  

Tools and Resources Analysis

  ForexTB demonstrates strength in its asset diversity, offering over 270 underlying instruments across major market categories. This extensive selection provides traders with opportunities for portfolio diversification and exposure to various economic sectors and geographic regions that can help spread risk across different markets.

  The broker's educational center is described as interactive and information-rich, suggesting a commitment to trader development. Educational resources have become increasingly important differentiators in the competitive CFD trading market, with successful brokers offering webinars, tutorials, market analysis, and trading guides that help clients improve their skills.

  However, specific details about research tools, market analysis capabilities, technical indicators, and charting features are not provided in available materials. Modern traders expect sophisticated analytical tools, real-time market data, economic calendars, and expert market commentary to support their trading decisions and strategy development.

  The absence of information about automated trading support, expert advisors, or algorithmic trading capabilities represents a gap in the available assessment data. Many contemporary traders rely on these advanced features for strategy implementation and portfolio management that can enhance their trading efficiency.

  

Customer Service and Support Analysis

  Comprehensive information about ForexTB's customer service infrastructure is not available in the source materials, preventing detailed evaluation of this critical service dimension. Customer support quality often determines client satisfaction and retention in the competitive CFD trading industry where quick problem resolution is essential.

  Industry best practices include multiple communication channels such as live chat, telephone support, email assistance, and comprehensive FAQ sections. Response times, service availability hours, and the expertise level of support staff significantly impact the overall client experience and can make the difference between satisfied and frustrated customers.

  Multilingual support capabilities are particularly important for international brokers serving diverse client bases. The ability to provide technical support, account assistance, and trading guidance in clients' native languages enhances accessibility and user satisfaction while reducing communication barriers.

  Problem resolution effectiveness, escalation procedures, and the availability of dedicated account managers for premium clients represent additional service quality indicators that are not detailed in available information for this broker. These factors can significantly impact long-term client relationships.

  

Trading Experience Analysis

  Specific information about ForexTB's trading platform performance, execution quality, and user interface design is not provided in available source materials. These technical aspects fundamentally impact the daily trading experience and overall client satisfaction in ways that can affect trading profitability.

  Platform stability, order execution speed, and price accuracy are critical performance metrics that serious traders evaluate when selecting brokers. Slippage rates, requote frequency, and system downtime statistics provide objective measures of platform reliability that can impact trading results significantly.

  Mobile trading capabilities have become essential as traders increasingly manage positions and monitor markets through smartphones and tablets. The quality of mobile applications, feature parity with desktop platforms, and cross-device synchronization affect modern trading workflows in important ways.

  Advanced trading features such as one-click trading, partial position closing, trailing stops, and sophisticated order types enhance trading efficiency and risk management capabilities. The absence of detailed platform information in this forex tb review limits the assessment of these important functionality aspects that experienced traders often require.

  

Trust and Reliability Analysis

  ForexTB's regulatory status in Cyprus provides a foundation of legitimacy, as Cyprus maintains membership in the European Union and operates under established financial regulatory frameworks. However, the specific regulatory license details and compliance history are not detailed in available materials, which limits our ability to assess the full regulatory picture.

  User feedback presents significant concerns about the broker's reliability and service delivery that potential clients should carefully consider. Trustpilot reviews indicate problems with investment promises and promotional claims that allegedly did not materialize as advertised. Specific user reports mention campaigns like "Make money successfully with €250 Amazon shares" that users claim were misleading and did not deliver promised results.

  The pattern of negative user feedback raises questions about marketing practices and client expectation management. Reputable brokers typically maintain transparent communication about trading risks and avoid unrealistic profit guarantees or investment promises that could mislead clients about potential outcomes.

  Client fund protection measures, segregated account policies, and professional indemnity insurance coverage represent important trust factors that are not detailed in available documentation. These safeguards provide crucial protection for client capital in case of broker financial difficulties or other unexpected situations.

  

User Experience Analysis

  User satisfaction indicators for ForexTB show concerning patterns based on available feedback from various review platforms. Trustpilot reviews suggest disappointment with service delivery and promotional claim fulfillment, indicating potential gaps between marketing messages and actual user experiences that prospective clients should consider carefully.

  The overall user rating and feedback patterns suggest challenges in meeting client expectations. Successful brokers typically maintain positive user sentiment through consistent service delivery, transparent communication, and effective problem resolution that builds long-term client relationships.

  Interface design and platform usability significantly impact daily trading experiences, though specific information about ForexTB's user interface quality is not available in source materials. Modern traders expect intuitive navigation, customizable layouts, and efficient workflow design that makes trading activities smooth and efficient.

  Registration and account verification processes can significantly influence first impressions and onboarding experiences. Streamlined, secure, and user-friendly procedures enhance client satisfaction and reduce abandonment rates during the account opening process, which is crucial for broker success.

  

Conclusion

  This forex tb review reveals a broker with mixed characteristics that potential clients should carefully evaluate before making any investment decisions. While ForexTB offers regulatory compliance in Cyprus and access to over 270 trading assets with educational resources, significant concerns emerge from user feedback patterns that cannot be ignored.

  The broker may suit traders specifically seeking asset diversity and educational support, but the negative user reviews and lack of detailed service information suggest caution for risk-averse investors. The absence of comprehensive information about account conditions, trading costs, and platform features limits the ability to make fully informed decisions that could impact trading success.

  ForexTB's main advantages include its regulated status and extensive asset selection, while primary disadvantages center on concerning user feedback and limited transparency about service details. Potential clients should conduct thorough due diligence and consider alternative brokers with stronger user satisfaction records before committing funds to any trading platform.

FOREX TB review