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Regarding the legitimacy of FOREX TB forex brokers, it provides a comprehensive investigation into the security aspects of regulatory CYSEC, and WikiBit, as well as whether there are any negative scam reviews.

Rating Index

WikiFX Detection

Risk Control

Risk Manage

Regulation

Regulated in Cyprus

Is FOREX TB safe?

The regulatory license is the strongest proof.

STP

CYSEC Straight Through Processing(STP) 20

Cyprus Securities and Exchange Commission

Cyprus Securities and Exchange Commission

Regulatory Agencies Introduction
  • Current Status:

    Regulated
  • License Type:

    Straight Through Processing(STP)
  • Licensed Institution:

    FOREX TB Ltd FOREX TB Ltd
  • Effective Date:

    2015-04-07
  • Email Address of Licensed Institution:

    compliance@forextb.com
  • Sharing Status:

    Sharing
  • Website of Licensed Institution:

    www.forextb.com, www.patronfx.com
  • Expiration Time:

    --
  • Address of Licensed Institution:

    Lemesou Avenue 71, 2nd Floor 2121 Aglantzia, Nicosia, Cyprus AND 230 Agias Filaxeos, Office 101, 3082, Limassol, Cyprus, Lemesou Avenue 71, 2nd Floor 2121 Aglantzia, Nicosia, Cyprus.
  • Phone Number of Licensed Institution:

    35722266707
  • Licensed Institution Certified Documents:

11 name

Is FOREX TB a scam, or is it legit?

The latest exposure and evaluation content of FOREX TB brokers.

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.
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.
FOREX TB's latest industry rating score is 4.94, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. FOREX TB If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.